Palladium Prime Real Estate Development · Meydan · handover Q3 2028
Coralis Residences payment plan
Coralis Residences by Palladium Prime Real Estate Development in Meydan, Dubai is sold on a 30/30/40 payment plan. On the cheapest unit, starting from AED 1.9M, that is AED 1.9M (100%) paid by handover in Q3 2028. Handover is 24 months away.
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- BrochurePDF
- Brochure 2PDF
- Fact sheetPDF
- Floor plansPDF
The Coralis Residences payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 30% |
| During construction | 30% |
| Upon Handover | 40% |
On the cheapest unit (entry unit, AED 1.9M)
| On booking | AED 585,000 |
| During construction | AED 585,000 |
| Upon Handover | AED 780,000 |
| Total (100%) | AED 1,950,000 |
| Months to handover | 24 |
Percentages as published by Palladium Prime Real Estate Development. Dirham figures are those percentages applied to the published starting price of AED 1,950,000. Registration and other fees are not included.
The Coralis Residences instalment schedule, line by line
Every instalment Palladium Prime Real Estate Development publishes for Coralis Residences, in order, with the charges listed alongside the plan.
Payment Plan
Published by Palladium Prime Real Estate Development
| Stage | Instalment | Share | On AED 1,950,000 |
|---|---|---|---|
| On booking30% | On booking | 10% | AED 195,000 |
| DLDfee | 4% | AED 78,000 | |
| Registration Admin Feefee | fixed | AED 5,000 | |
| 30 days from the booking date | 10% | AED 195,000 | |
| 60 days from the booking date | 10% | AED 195,000 | |
| During construction30% | Installment to Installment | 6 × 5% | AED 97,500 each |
| Upon Handover | as published | 40% | AED 780,000 |
| Total of the plan | 100% | AED 1,950,000 | |
Lines marked fee (DLD, Registration Admin Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.
Instalments and charges as published by Palladium Prime Real Estate Development; the dirham column applies each percentage to the published starting price of AED 1,950,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Coralis Residences
The same plan, applied to the starting price Palladium Prime Real Estate Development publishes for each size in the building.
| Unit | From | On booking (30%) | During construction (30%) | Upon Handover (40%) |
|---|---|---|---|---|
| 1 bedfrom 900 sq ft | AED 1,950,000 | AED 585,000 | AED 585,000 | AED 780,000 |
| 2 bedfrom 1,200 sq ft | AED 2,475,000 | AED 742,500 | AED 742,500 | AED 990,000 |
| 3 bedfrom 2,150 sq ft | AED 4,500,000 | AED 1,350,000 | AED 1,350,000 | AED 1,800,000 |
| 4 bedfrom 5,500 sq ft | AED 26,000,000 | AED 7,800,000 | AED 7,800,000 | AED 10,400,000 |
Starting price per size as published by Palladium Prime Real Estate Development; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register Coralis Residences
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Palladium Prime Real Estate Development and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.
| Unit | From | Land Department 4% |
|---|---|---|
| 1 bed | AED 1,950,000 | AED 78,000 |
| 2 bed | AED 2,475,000 | AED 99,000 |
| 3 bed | AED 4,500,000 | AED 180,000 |
| 4 bed | AED 26,000,000 | AED 1,040,000 |
4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.
Everything else on Coralis Residences
Coralis Residences payment plan: questions buyers ask
- What is the payment plan for Coralis Residences?
- Coralis Residences by Palladium Prime Real Estate Development is sold on a 30/30/40 plan: 30% on booking, 30% during construction, 40% upon handover, as published by the developer.
- How much is the booking amount for Coralis Residences?
- 30% of the price. On the cheapest unit at AED 1.9M that is AED 585,000.
- How much do I pay before I get the keys to Coralis Residences?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.9M that is AED 1.9M by handover in Q3 2028.
- Does Coralis Residences have a post-handover payment plan?
- No. The published plan completes at handover in Q3 2028.
- What are the registration fees on Coralis Residences?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.9M that is AED 78,000. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
- When is the handover of Coralis Residences?
- Palladium Prime Real Estate Development publishes Q3 2028, which is 24 months from now.
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starting from
AED 1.9M
handover Q3 2028