What is the payment plan for Coventry 2?

Coventry 2 by GFS Developments is sold on a 20/30/10, 40% post-handover plan: 20% on booking, 30% during construction, 10% upon handover, 40% post handover, as published by the developer.

How much is the booking amount for Coventry 2?

20% of the price. On the cheapest unit at AED 545K that is AED 108,920.

How much do I pay before I get the keys to Coventry 2?

60% of the price, the payment due on handover day included. On the cheapest unit at AED 545K that is AED 327K by handover in Q4 2028.

Does Coventry 2 have a post-handover payment plan?

Yes. 40% (AED 218K on the cheapest unit) is paid after handover.

What are the registration fees on Coventry 2?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 545K that is AED 21,784. 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 Coventry 2?

GFS Developments publishes Q4 2028, which is 27 months from now.

GFS Developments · warsan 4 · handover Q4 2028

Coventry 2 payment plan

Coventry 2 by GFS Developments in warsan 4, Dubai is sold on a 20/30/10, 40% post-handover payment plan. On the cheapest unit, starting from AED 545K, that is AED 327K (60%) paid by handover in Q4 2028 and AED 218K (40%) after the keys. Handover is 27 months away.

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The Coventry 2 payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	20%
During construction	30%
Upon Handover	10%
Post Handover	40%

On the cheapest unit (Studio–1 BR, AED 545K)

On booking	AED 108,920
During construction	AED 163,380
Upon Handover	AED 54,460
Post Handover	AED 217,840
Paid by handover (60%)	AED 326,760
Months to handover	27
After handover (40%)	AED 217,840

Percentages as published by GFS Developments. Dirham figures are those percentages applied to the published starting price of AED 544,600. Registration and other fees are not included.

The Coventry 2 instalment schedule, line by line

Every instalment GFS Developments publishes for Coventry 2, in order, with the charges listed alongside the plan.

Payment Plan

Published by GFS Developments

Stage	Instalment	Share	On AED 544,600
On booking20%	Down Payment	20%	AED 108,920
	DLD Feefee	4%	AED 21,784
	Admin Feefee	fixed	AED 3,000
During construction30%	1st Installment to 2nd Installment	2 × 15%	AED 81,690 each
Upon Handover	as published	10%	AED 54,460
Post Handover40%	1st Installment to 4th Installment	4 × 10%	AED 54,460 each
Total of the plan		100%	AED 544,600

Lines marked fee (DLD Fee, 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 GFS Developments; the dirham column applies each percentage to the published starting price of AED 544,600. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Coventry 2

The same plan, applied to the starting price GFS Developments publishes for each size in the building.

Unit	From	On booking (20%)	During construction (30%)	Upon Handover (10%)	Post Handover (40%)
Commercefrom 755 sq ft	AED 1,812,000	AED 362,400	AED 543,600	AED 181,200	AED 724,800
Studiofrom 389 sq ft	AED 544,600	AED 108,920	AED 163,380	AED 54,460	AED 217,840
1 bedfrom 619 sq ft	AED 804,700	AED 160,940	AED 241,410	AED 80,470	AED 321,880

Starting price per size as published by GFS Developments; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Coventry 2

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to GFS Developments 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%
Commerce	AED 1,812,000	AED 72,480
Studio	AED 544,600	AED 21,784
1 bed	AED 804,700	AED 32,188

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 Coventry 2

Coventry 2 payment plan: questions buyers ask

What is the payment plan for Coventry 2?: Coventry 2 by GFS Developments is sold on a 20/30/10, 40% post-handover plan: 20% on booking, 30% during construction, 10% upon handover, 40% post handover, as published by the developer.
How much is the booking amount for Coventry 2?: 20% of the price. On the cheapest unit at AED 545K that is AED 108,920.
How much do I pay before I get the keys to Coventry 2?: 60% of the price, the payment due on handover day included. On the cheapest unit at AED 545K that is AED 327K by handover in Q4 2028.
Does Coventry 2 have a post-handover payment plan?: Yes. 40% (AED 218K on the cheapest unit) is paid after handover.
What are the registration fees on Coventry 2?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 545K that is AED 21,784. 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 Coventry 2?: GFS Developments publishes Q4 2028, which is 27 months from now.