What is the payment plan for Elwood?

Elwood by Sobha is sold on a 20/40/40 plan: 20% on booking, 40% during construction, 40% upon handover, as published by the developer.

How much is the booking amount for Elwood?

20% of the price. On the cheapest unit at AED 9.9M that is AED 1,983,056.

How much do I pay before I get the keys to Elwood?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 9.9M that is AED 9.9M by handover in Q2 2028.

Does Elwood have a post-handover payment plan?

No. The published plan completes at handover in Q2 2028.

What are the registration fees on Elwood?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 9.9M that is AED 396,611. 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 Elwood?

Sobha publishes Q2 2028, which is 21 months from now.

Sobha · The Valley · handover Q2 2028

Elwood payment plan

Elwood by Sobha in The Valley, Dubai is sold on a 20/40/40 payment plan. On the cheapest unit, starting from AED 9.9M, that is AED 9.9M (100%) paid by handover in Q2 2028. Handover is 21 months away.

Private enquiry

Get the Elwood brochure and floor plans.

Leave your WhatsApp number and email to download them. I then send the current price list and the units still available on WhatsApp.

BrochurePDF
Floor plansPDF

Privacy and terms

The Elwood payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	20%
During construction	40%
Upon Handover	40%

On the cheapest unit (5–6 BR, AED 9.9M)

On booking	AED 1,983,056
During construction	AED 3,966,112
Upon Handover	AED 3,966,112
Total (100%)	AED 9,915,280
Months to handover	21

Percentages as published by Sobha. Dirham figures are those percentages applied to the published starting price of AED 9,915,280. Registration and other fees are not included.

The Elwood instalment schedule, line by line

Every instalment Sobha publishes for Elwood, in order, with the charges listed alongside the plan.

Payment Plan 60/40

Published by Sobha

Stage	Instalment	Share	On AED 9,915,280
On booking20%	DLD Feefee	4%	AED 396,611
	Admin Feefee	fixed	AED 1,150
	On Booking	20%	AED 1,983,056
During construction40%	1st Installment to 4th Installment	4 × 10%	AED 991,528 each
Upon Handover	as published	40%	AED 3,966,112
Total of the plan		100%	AED 9,915,280

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 Sobha; the dirham column applies each percentage to the published starting price of AED 9,915,280. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Elwood

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

Unit	From	On booking (20%)	During construction (40%)	Upon Handover (40%)
4 bedfrom 4,958 sq ft	AED 9,915,280	AED 1,983,056	AED 3,966,112	AED 3,966,112
5 bedfrom 5,819 sq ft	AED 11,638,800	AED 2,327,760	AED 4,655,520	AED 4,655,520
6 bedfrom 7,193 sq ft	AED 14,386,180	AED 2,877,236	AED 5,754,472	AED 5,754,472

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

What it costs to register Elwood

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Sobha 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%
4 bed	AED 9,915,280	AED 396,611
5 bed	AED 11,638,800	AED 465,552
6 bed	AED 14,386,180	AED 575,447

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 Elwood

Elwood payment plan: questions buyers ask

What is the payment plan for Elwood?: Elwood by Sobha is sold on a 20/40/40 plan: 20% on booking, 40% during construction, 40% upon handover, as published by the developer.
How much is the booking amount for Elwood?: 20% of the price. On the cheapest unit at AED 9.9M that is AED 1,983,056.
How much do I pay before I get the keys to Elwood?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 9.9M that is AED 9.9M by handover in Q2 2028.
Does Elwood have a post-handover payment plan?: No. The published plan completes at handover in Q2 2028.
What are the registration fees on Elwood?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 9.9M that is AED 396,611. 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 Elwood?: Sobha publishes Q2 2028, which is 21 months from now.