Neoterra Real Estate Development · Jumeirah Garden City · handover Q1 2028
Elmora payment plan, price and handover
Elmora by Neoterra Real Estate Development in Jumeirah Garden City, Dubai is sold on a 20/20/20, 40% post-handover payment plan. On the cheapest unit, starting from AED 1.16M, that is AED 691K (60%) paid by handover in Q1 2028 and AED 461K (40%) after the keys. Handover is 16 months away.
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The Elmora payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 20% |
| During construction | 20% |
| Upon Handover | 20% |
| Within 24 months PH (5% quarterly) | 40% |
On the cheapest unit (1 BR, 393 sqft, AED 1.16M)
| On booking | AED 230,022 |
| During construction | AED 230,022 |
| Upon Handover | AED 230,022 |
| Within 24 months PH (5% quarterly) | AED 460,045 |
| Paid by handover (60%) | AED 690,067 |
| Months to handover | 16 |
| After handover (40%) | AED 460,045 |
Percentages as published by Neoterra Real Estate Development. Dirham figures are those percentages applied to the published starting price of AED 1,150,112. Registration and other fees are not included.
The Elmora instalment schedule, line by line
Neoterra Real Estate Development publishes 2 payment plans for Elmora. Each is shown as published, with every instalment and the charges listed alongside it.
Payment Plan 25/75
Published by Neoterra Real Estate Development
| Stage | Instalment | Share | On AED 1,150,112 |
|---|---|---|---|
| On booking5% | On Booking | 5% | AED 57,506 |
| DLD Fee | 4% | AED 46,004 | |
| During construction20% | 1st Installment to 4th Installment | 4 × 5% | AED 57,506 each |
| Upon Handover | as published | 75% | AED 862,584 |
| Total of the plan | 100% | AED 1,150,112 | |
Lines marked fee (DLD 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 Neoterra Real Estate Development; the dirham column applies each percentage to the published starting price of AED 1,150,112. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Elmora
The same plan, applied to the starting price Neoterra Real Estate Development publishes for each size in the building.
| Unit | From | On booking (20%) | During construction (20%) | Upon Handover (20%) | Within 24 months PH (5% quarterly) (40%) |
|---|---|---|---|---|---|
| 1 bedfrom 393 sq ft | AED 1,150,112 | AED 230,022 | AED 230,022 | AED 230,022 | AED 460,045 |
| 2 bedfrom 651 sq ft | AED 1,728,087 | AED 345,617 | AED 345,617 | AED 345,617 | AED 691,235 |
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 Elmora
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.
| Unit | From | Land Department 4% |
|---|---|---|
| 1 bed | AED 1,150,112 | AED 46,004 |
| 2 bed | AED 1,728,087 | AED 69,123 |
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 Elmora
- Elmora: prices, units and handover
- Elmora floor plans and unit sizes
- Off-plan projects we list in Jumeirah Garden City
- Neoterra Real Estate Development projects we list
- Projects we list handing over in 2028
- Post-handover payment plans across Dubai
- Every off-plan project we list
- Ask us for the Elmora brochure
Elmora payment plan: questions buyers ask
- What is the payment plan for Elmora?
- Elmora by Neoterra Real Estate Development is sold on a 20/20/20, 40% post-handover plan: 20% on booking, 20% during construction, 20% upon handover, 40% within 24 months ph (5% quarterly), as published by the developer.
- How much is the booking amount for Elmora?
- 20% of the price. On the cheapest unit at AED 1.16M that is AED 230,022.
- How much do I pay before I get the keys to Elmora?
- 60% of the price, the payment due on handover day included. On the cheapest unit at AED 1.16M that is AED 691K by handover in Q1 2028.
- Does Elmora have a post-handover payment plan?
- Yes. 40% (AED 461K on the cheapest unit) is paid after handover. If you sell before handover, this is how it works.
- What are the registration fees on Elmora?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.16M that is AED 46,004. 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 Elmora?
- Neoterra Real Estate Development publishes Q1 2028, which is 16 months from now.
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Neoterra Real Estate Development payment plans
Other Neoterra Real Estate Development payment plans
starting from
AED 1.16M
handover Q1 2028