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EZRE

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

Eira Residence payment plan, price and handover

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 971K, that is AED 486K (50%) paid by handover in Q2 2029 and AED 486K (50%) after the keys. Handover is 31 months away.

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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, 710 sqft, AED 971K)

On bookingAED 97,100
During constructionAED 291,300
Upon HandoverAED 97,100
Within 48 months PH (12.5% every year)AED 485,500
Paid by handover (50%)AED 485,500
Months to handover31
After handover (50%)AED 485,500

Percentages as published by Neoterra Real Estate Development. Dirham figures are those percentages applied to the published starting price of AED 971,000. 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 971,000
On bookingas published10%AED 97,100
During construction30%1 month from booking10%AED 97,100
2nd Installment to 3rd Installment2 × 10%AED 97,100 each
Upon Handoveras published10%AED 97,100
Within 48 months PH (12.5% every year)50%April 203012.5%AED 121,375
April 203112.5%AED 121,375
April 203212.5%AED 121,375
April 203312.5%AED 121,375
Total of the plan100%AED 971,000

Instalments and charges as published by Neoterra Real Estate Development; the dirham column applies each percentage to the published starting price of AED 971,000. 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 710 sq ftAED 971,000AED 97,100AED 291,300AED 97,100AED 485,500

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 971,000AED 38,840

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 971K that is AED 97,100.
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 971K that is AED 486K by handover in Q2 2029.
Does Eira Residence have a post-handover payment plan?
Yes. 50% (AED 486K on the cheapest unit) is paid after handover. If you sell before handover, this is how it works.
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 971K that is AED 38,840. 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 31 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 971K

handover Q2 2029

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