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EZRE

Neoterra Real Estate Development · Dubai Production City · handover Q2 2029

Eira Residence payment plan

Eira Residence by Neoterra Real Estate Development in Dubai Production City, Dubai is sold on a 10/30/10, 50% post-handover payment plan. On the cheapest unit, starting from AED 936K, that is AED 468K (50%) paid by handover in Q2 2029 and AED 468K (50%) after the keys. Handover is 33 months away.

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  • Fact sheetPDF
  • Floor plansPDF
  • Floor plans 2PDF

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The Eira Residence payment plan in dirhams

Payment plan as published by the developer

StageShare
On booking10%
During construction30%
Upon Handover10%
Within 48 months PH (12.5% every year)50%

On the cheapest unit (1 BR, AED 936K)

On bookingAED 93,600
During constructionAED 280,800
Upon HandoverAED 93,600
Within 48 months PH (12.5% every year)AED 468,000
Paid by handover (50%)AED 468,000
Months to handover33
After handover (50%)AED 468,000

Percentages as published by Neoterra Real Estate Development. Dirham figures are those percentages applied to the published starting price of AED 936,000. Registration and other fees are not included.

The Eira Residence instalment schedule, line by line

Every instalment Neoterra Real Estate Development publishes for Eira Residence, in order, with the charges listed alongside the plan.

4 Years Post Handover Payment Plan

Published by Neoterra Real Estate Development

StageInstalmentShareOn AED 936,000
On bookingas published10%AED 93,600
During construction30%1 month from booking10%AED 93,600
2nd Installment to 3rd Installment2 × 10%AED 93,600 each
Upon Handoveras published10%AED 93,600
Within 48 months PH (12.5% every year)50%April 203012.5%AED 117,000
April 203112.5%AED 117,000
April 203212.5%AED 117,000
April 203312.5%AED 117,000
Total of the plan100%AED 936,000

Instalments and charges as published by Neoterra Real Estate Development; the dirham column applies each percentage to the published starting price of AED 936,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Eira Residence

The same plan, applied to the starting price Neoterra Real Estate Development publishes for each size in the building.

UnitFromOn booking (10%)During construction (30%)Upon Handover (10%)Within 48 months PH (12.5% every year) (50%)
1 bedfrom 678 sq ftAED 936,000AED 93,600AED 280,800AED 93,600AED 468,000

Starting price per size as published by Neoterra Real Estate Development; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Eira Residence

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Neoterra 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.

UnitFromLand Department 4%
1 bedAED 936,000AED 37,440

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 Eira Residence

Eira Residence payment plan: questions buyers ask

What is the payment plan for Eira Residence?
Eira Residence by Neoterra Real Estate Development is sold on a 10/30/10, 50% post-handover plan: 10% on booking, 30% during construction, 10% upon handover, 50% within 48 months ph (12.5% every year), as published by the developer.
How much is the booking amount for Eira Residence?
10% of the price. On the cheapest unit at AED 936K that is AED 93,600.
How much do I pay before I get the keys to Eira Residence?
50% of the price, the payment due on handover day included. On the cheapest unit at AED 936K that is AED 468K by handover in Q2 2029.
Does Eira Residence have a post-handover payment plan?
Yes. 50% (AED 468K on the cheapest unit) is paid after handover.
What are the registration fees on Eira Residence?
The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 936K that is AED 37,440. 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 Eira Residence?
Neoterra Real Estate Development publishes Q2 2029, which is 33 months from now.

Payment plans in Dubai Production City

Neoterra Real Estate Development payment plans

Other Neoterra Real Estate Development payment plans

starting from

AED 936K

handover Q2 2029

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