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Ardee Developments · Al Marjan Island · handover Q4 2028

Fairmont Residences Al Marjan Island 1 & 2 payment plan

Fairmont Residences Al Marjan Island 1 & 2 by Ardee Developments in Al Marjan Island, Ras Al Khaimah is sold on a 5/55/40 payment plan. On the cheapest unit, starting from AED 2.5M, that is AED 2.5M (100%) paid by handover in Q4 2028. Handover is 27 months away.

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The Fairmont Residences Al Marjan Island 1 & 2 payment plan in dirhams

Payment plan as published by the developer

StageShare
On booking5%
During construction55%
Upon Handover40%

On the cheapest unit (1–2 BR, AED 2.5M)

On bookingAED 125,003
During constructionAED 1,375,028
Upon HandoverAED 1,000,020
Total (100%)AED 2,500,050
Months to handover27

Percentages as published by Ardee Developments. Dirham figures are those percentages applied to the published starting price of AED 2,500,050. Registration and other fees are not included.

The Fairmont Residences Al Marjan Island 1 & 2 instalment schedule, line by line

Every instalment Ardee Developments publishes for Fairmont Residences Al Marjan Island 1 & 2, in order, with the charges listed alongside the plan.

Payment Plan 60/40

Published by Ardee Developments

StageInstalmentShareOn AED 2,500,050
On booking5%RLDfee4%AED 100,002
Registration FeefeefixedAED 3,150
other FeefeefixedAED 2,100
On Booking5%AED 125,003
During construction55%1st Installment15%AED 375,008
2nd Installment to 3rd Installment2 × 5%AED 125,003 each
4th Installment to 6th Installment3 × 10%AED 250,005 each
Upon Handoveras published40%AED 1,000,020
Total of the plan100%AED 2,500,050

Lines marked fee (RLD, Registration Fee, other 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 Ardee Developments; the dirham column applies each percentage to the published starting price of AED 2,500,050. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Fairmont Residences Al Marjan Island 1 & 2

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

UnitFromOn booking (5%)During construction (55%)Upon Handover (40%)
1 bedfrom 845 sq ftAED 2,500,050AED 125,003AED 1,375,028AED 1,000,020
2 bedfrom 1,425 sq ftAED 4,671,818AED 233,591AED 2,569,500AED 1,868,727

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

What it costs to register Fairmont Residences Al Marjan Island 1 & 2

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Ardee Developments 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.

UnitFromLand Department 4%
1 bedAED 2,500,050AED 100,002
2 bedAED 4,671,818AED 186,873

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 Fairmont Residences Al Marjan Island 1 & 2

Fairmont Residences Al Marjan Island 1 & 2 payment plan: questions buyers ask

What is the payment plan for Fairmont Residences Al Marjan Island 1 & 2?
Fairmont Residences Al Marjan Island 1 & 2 by Ardee Developments is sold on a 5/55/40 plan: 5% on booking, 55% during construction, 40% upon handover, as published by the developer.
How much is the booking amount for Fairmont Residences Al Marjan Island 1 & 2?
5% of the price. On the cheapest unit at AED 2.5M that is AED 125,003.
How much do I pay before I get the keys to Fairmont Residences Al Marjan Island 1 & 2?
100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.5M that is AED 2.5M by handover in Q4 2028.
Does Fairmont Residences Al Marjan Island 1 & 2 have a post-handover payment plan?
No. The published plan completes at handover in Q4 2028.
What are the registration fees on Fairmont Residences Al Marjan Island 1 & 2?
The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.5M that is AED 100,002. 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 Fairmont Residences Al Marjan Island 1 & 2?
Ardee Developments publishes Q4 2028, which is 27 months from now.

Payment plans in Al Marjan Island

starting from

AED 2.5M

handover Q4 2028

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