Qube Development · Business Bay · handover Q4 2028
Elire Managed by LUX payment plan, price and handover
Elire Managed by LUX by Qube Development in Business Bay, Dubai is sold on a 10/20/70 payment plan. On the cheapest unit, starting from AED 2.62M, that is AED 2.62M (100%) paid by handover in Q4 2028. Handover is 25 months away.
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The Elire Managed by LUX payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 10% |
| During Construction | 20% |
| On Handover | 70% |
On the cheapest unit (1 BR, 611 sqft, AED 2.62M)
| On booking | AED 261,338 |
| During Construction | AED 522,675 |
| On Handover | AED 1,829,363 |
| Total (100%) | AED 2,613,375 |
| Months to handover | 25 |
Percentages as published by Qube Development. Dirham figures are those percentages applied to the published starting price of AED 2,613,375. Registration and other fees are not included.
The Elire Managed by LUX instalment schedule, line by line
Every instalment Qube Development publishes for Elire Managed by LUX, in order, with the charges listed alongside the plan.
Payment Plan
Published by Qube Development
| Stage | Instalment | Share | On AED 2,613,375 |
|---|---|---|---|
| On booking10% | On booking | 10% | AED 261,338 |
| Admin Fee | fixed | AED 5,000 | |
| During Construction20% | Installment to Installment | 4 × 5% | AED 130,669 each |
| On Handover | as published | 70% | AED 1,829,363 |
| Total of the plan | 100% | AED 2,613,375 | |
Lines marked 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 Qube Development; the dirham column applies each percentage to the published starting price of AED 2,613,375. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Elire Managed by LUX
The same plan, applied to the starting price Qube Development publishes for each size in the building.
| Unit | From | On booking (10%) | During Construction (20%) | On Handover (70%) |
|---|---|---|---|---|
| 1 bedfrom 611 sq ft | AED 2,613,375 | AED 261,338 | AED 522,675 | AED 1,829,363 |
| 2 bedfrom 1,446 sq ft | AED 6,067,425 | AED 606,743 | AED 1,213,485 | AED 4,247,198 |
| 3 bedfrom 2,435 sq ft | AED 11,201,425 | AED 1,120,143 | AED 2,240,285 | AED 7,840,998 |
| 4 bedfrom 5,362 sq ft | AED 22,008,031 | AED 2,200,803 | AED 4,401,606 | AED 15,405,622 |
Starting price per size as published by Qube Development; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register Elire Managed by LUX
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Qube 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 2,613,375 | AED 104,535 |
| 2 bed | AED 6,067,425 | AED 242,697 |
| 3 bed | AED 11,201,425 | AED 448,057 |
| 4 bed | AED 22,008,031 | AED 880,321 |
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 Elire Managed by LUX
Elire Managed by LUX payment plan: questions buyers ask
- What is the payment plan for Elire Managed by LUX?
- Elire Managed by LUX by Qube Development is sold on a 10/20/70 plan: 10% on booking, 20% during construction, 70% on handover, as published by the developer.
- How much is the booking amount for Elire Managed by LUX?
- 10% of the price. On the cheapest unit at AED 2.62M that is AED 261,338.
- How much do I pay before I get the keys to Elire Managed by LUX?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.62M that is AED 2.62M by handover in Q4 2028.
- Does Elire Managed by LUX have a post-handover payment plan?
- No. The published plan completes at handover in Q4 2028. If you sell before handover, this is how it works.
- What are the registration fees on Elire Managed by LUX?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.62M that is AED 104,535. 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 Elire Managed by LUX?
- Qube Development publishes Q4 2028, which is 25 months from now.
Payment plans in Business Bay
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Qube Development payment plans
Other Qube Development payment plans
starting from
AED 2.62M
handover Q4 2028