Object One · Al Barsha South 5 · handover Q1 2028
ESSENL1FE Residence payment plan
ESSENL1FE Residence by Object One in Al Barsha South 5, Dubai is sold on a 40/20/40 payment plan. On the cheapest unit, starting from AED 877K, that is AED 877K (100%) paid by handover in Q1 2028. Handover is 18 months away.
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The ESSENL1FE Residence payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 40% |
| During construction (5% every 4 months) | 20% |
| On Handover | 40% |
On the cheapest unit (1–1.5 BR, AED 877K)
| On booking | AED 350,789 |
| During construction (5% every 4 months) | AED 175,394 |
| On Handover | AED 350,789 |
| Total (100%) | AED 876,972 |
| Months to handover | 18 |
Percentages as published by Object One. Dirham figures are those percentages applied to the published starting price of AED 876,972. Registration and other fees are not included.
The ESSENL1FE Residence instalment schedule, line by line
Object One publishes 2 payment plans for ESSENL1FE Residence. Each is shown as published, with every instalment and the charges listed alongside it.
Plan 1 of 2: Payment Plan 60/40
Published by Object One
| Stage | Instalment | Share | On AED 876,972 |
|---|---|---|---|
| On booking40% | Down Payment | 40% | AED 350,789 |
| DLD Feefee | 4% | AED 35,079 | |
| Registration feesfee | fixed | AED 5,050 | |
| During construction (5% every 4 months)20% | Installment to Installment | 4 × 5% | AED 43,849 each |
| On Handover | as published | 40% | AED 350,789 |
| Total of the plan | 100% | AED 876,972 | |
Lines marked fee (DLD Fee, Registration fees) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.
Plan 2 of 2: Payment Plan Post Handover
Published by Object One
| Stage | Instalment | Share | On AED 876,972 |
|---|---|---|---|
| On booking40% | Down Payment | 40% | AED 350,789 |
| DLD Feefee | 4% | AED 35,079 | |
| Registration feesfee | fixed | AED 5,050 | |
| During construction20% | Installment to Installment | 4 × 5% | AED 43,849 each |
| On Handover | as published | 5% | AED 43,849 |
| Post Handover35% | Installment to Installment | 7 × 5% | AED 43,849 each |
| Total of the plan | 100% | AED 876,972 | |
Lines marked fee (DLD Fee, Registration fees) 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 Object One; the dirham column applies each percentage to the published starting price of AED 876,972. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at ESSENL1FE Residence
The same plan, applied to the starting price Object One publishes for each size in the building.
| Unit | From | On booking (40%) | During construction (5% every 4 months) (20%) | On Handover (40%) |
|---|---|---|---|---|
| Commercefrom 2,111 sq ft | AED 4,222,700 | AED 1,689,080 | AED 844,540 | AED 1,689,080 |
| 1.5 bedfrom 1,256 sq ft | AED 1,865,012 | AED 746,005 | AED 373,002 | AED 746,005 |
| Studiofrom 484 sq ft | AED 876,972 | AED 350,789 | AED 175,394 | AED 350,789 |
| 1 bedfrom 900 sq ft | AED 1,392,488 | AED 556,995 | AED 278,498 | AED 556,995 |
Starting price per size as published by Object One; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register ESSENL1FE Residence
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Object One 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% |
|---|---|---|
| Commerce | AED 4,222,700 | AED 168,908 |
| 1.5 bed | AED 1,865,012 | AED 74,600 |
| Studio | AED 876,972 | AED 35,079 |
| 1 bed | AED 1,392,488 | AED 55,700 |
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 ESSENL1FE Residence
ESSENL1FE Residence payment plan: questions buyers ask
- What is the payment plan for ESSENL1FE Residence?
- ESSENL1FE Residence by Object One is sold on a 40/20/40 plan: 40% on booking, 20% during construction (5% every 4 months), 40% on handover, as published by the developer.
- How much is the booking amount for ESSENL1FE Residence?
- 40% of the price. On the cheapest unit at AED 877K that is AED 350,789.
- How much do I pay before I get the keys to ESSENL1FE Residence?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 877K that is AED 877K by handover in Q1 2028.
- Does ESSENL1FE Residence have a post-handover payment plan?
- No. The published plan completes at handover in Q1 2028.
- What are the registration fees on ESSENL1FE Residence?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 877K that is AED 35,079. 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 ESSENL1FE Residence?
- Object One publishes Q1 2028, which is 18 months from now.
Payment plans in Al Barsha South 5
Object One payment plans
Other Object One payment plans
starting from
AED 877K
handover Q1 2028