What is the payment plan for Fauchon Residences?

Fauchon Residences by Prestige One is sold on a 20/45/35 plan: 20% on booking, 45% during construction, 35% on handover, as published by the developer.

How much is the booking amount for Fauchon Residences?

20% of the price. On the cheapest unit at AED 1.3M that is AED 257,600.

How much do I pay before I get the keys to Fauchon Residences?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.3M that is AED 1.3M by handover in Q3 2028.

Does Fauchon Residences have a post-handover payment plan?

No. The published plan completes at handover in Q3 2028.

What are the registration fees on Fauchon Residences?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.3M that is AED 51,520. 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 Fauchon Residences?

Prestige One publishes Q3 2028, which is 24 months from now.

Prestige One · Jumeirah Garden City · handover Q3 2028

Fauchon Residences payment plan

Fauchon Residences by Prestige One in Jumeirah Garden City, Dubai is sold on a 20/45/35 payment plan. On the cheapest unit, starting from AED 1.3M, that is AED 1.3M (100%) paid by handover in Q3 2028. Handover is 24 months away.

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The Fauchon Residences payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On Booking	20%
During Construction	45%
On Handover	35%

On the cheapest unit (1–2.5 BR, AED 1.3M)

On Booking	AED 257,600
During Construction	AED 579,600
On Handover	AED 450,800
Total (100%)	AED 1,288,000
Months to handover	24

Percentages as published by Prestige One. Dirham figures are those percentages applied to the published starting price of AED 1,288,000. Registration and other fees are not included.

What each unit size pays at Fauchon Residences

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

Unit	From	On Booking (20%)	During Construction (45%)	On Handover (35%)
Studiofrom 413 sq ft	AED 1,288,000	AED 257,600	AED 579,600	AED 450,800
1 bedfrom 544 sq ft	AED 1,864,000	AED 372,800	AED 838,800	AED 652,400
2 bedfrom 1,209 sq ft	AED 3,125,000	AED 625,000	AED 1,406,250	AED 1,093,750
2.5 bedfrom 1,209 sq ft	AED 3,125,000	AED 625,000	AED 1,406,250	AED 1,093,750
2 bedfrom 1,687 sq ft	AED 3,806,000	AED 761,200	AED 1,712,700	AED 1,332,100

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

What it costs to register Fauchon Residences

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Prestige 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%
Studio	AED 1,288,000	AED 51,520
1 bed	AED 1,864,000	AED 74,560
2 bed	AED 3,125,000	AED 125,000
2.5 bed	AED 3,125,000	AED 125,000
2 bed	AED 3,806,000	AED 152,240

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 Fauchon Residences

Fauchon Residences payment plan: questions buyers ask

What is the payment plan for Fauchon Residences?: Fauchon Residences by Prestige One is sold on a 20/45/35 plan: 20% on booking, 45% during construction, 35% on handover, as published by the developer.
How much is the booking amount for Fauchon Residences?: 20% of the price. On the cheapest unit at AED 1.3M that is AED 257,600.
How much do I pay before I get the keys to Fauchon Residences?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.3M that is AED 1.3M by handover in Q3 2028.
Does Fauchon Residences have a post-handover payment plan?: No. The published plan completes at handover in Q3 2028.
What are the registration fees on Fauchon Residences?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.3M that is AED 51,520. 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 Fauchon Residences?: Prestige One publishes Q3 2028, which is 24 months from now.