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 16 months from now.

Object One · Al Barsha South 5 · handover Q1 2028

ESSENL1FE Residence payment plan, price and handover

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 16 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 (Studio, 484 sqft, 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	16

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 Fee	4%	AED 35,079
	Registration fees	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 Fee	4%	AED 35,079
	Registration fees	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
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
1.5 bedfrom 1,256 sq ft	AED 1,865,012	AED 746,005	AED 373,002	AED 746,005

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
Studio	AED 876,972	AED 35,079
1 bed	AED 1,392,488	AED 55,700
1.5 bed	AED 1,865,012	AED 74,600

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. If you sell before handover, this is how it works.
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 16 months from now.