What is the payment plan for Flora Bay Residences?

Flora Bay Residences by Centurion is sold on a 20/30/50 plan: 20% on booking, 30% during construction, 50% on handover, as published by the developer.

How much is the booking amount for Flora Bay Residences?

20% of the price. On the cheapest unit at AED 1.9M that is AED 387,200.

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

100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.9M that is AED 1.9M by handover in Q4 2027.

Does Flora Bay Residences have a post-handover payment plan?

No. The published plan completes at handover in Q4 2027.

What are the registration fees on Flora Bay Residences?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.9M that is AED 77,440. 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 Flora Bay Residences?

Centurion publishes Q4 2027, which is 15 months from now.

Centurion · Dubai Islands · handover Q4 2027

Flora Bay Residences payment plan

Flora Bay Residences by Centurion in Dubai Islands, Dubai is sold on a 20/30/50 payment plan. On the cheapest unit, starting from AED 1.9M, that is AED 1.9M (100%) paid by handover in Q4 2027. Handover is 15 months away.

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The Flora Bay Residences payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	20%
During construction	30%
On Handover	50%

On the cheapest unit (entry unit, AED 1.9M)

On booking	AED 387,200
During construction	AED 580,800
On Handover	AED 968,000
Total (100%)	AED 1,936,000
Months to handover	15

Percentages as published by Centurion. Dirham figures are those percentages applied to the published starting price of AED 1,936,000. Registration and other fees are not included.

The Flora Bay Residences instalment schedule, line by line

Every instalment Centurion publishes for Flora Bay Residences, in order, with the charges listed alongside the plan.

Payment Plan

Published by Centurion

Stage	Instalment	Share	On AED 1,936,000
On booking20%	On Booking	5%	AED 96,800
	Within One month after booking	15%	AED 290,400
During construction30%	After 6 months of booking	5%	AED 96,800
	After 12 months of booking	5%	AED 96,800
	After 40% of completion construction	5%	AED 96,800
	After 60% of completion construction	5%	AED 96,800
	After 70% of completion construction	5%	AED 96,800
	After 80% of completion construction	5%	AED 96,800
On Handover	as published	50%	AED 968,000
Total of the plan		100%	AED 1,936,000

Instalments and charges as published by Centurion; the dirham column applies each percentage to the published starting price of AED 1,936,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Flora Bay Residences

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

Unit	From	On booking (20%)	During construction (30%)	On Handover (50%)
1 bedfrom 748 sq ft	AED 1,936,000	AED 387,200	AED 580,800	AED 968,000
2 bedfrom 1,151 sq ft	AED 2,474,000	AED 494,800	AED 742,200	AED 1,237,000
3 bedfrom 2,010 sq ft	AED 4,171,000	AED 834,200	AED 1,251,300	AED 2,085,500

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

What it costs to register Flora Bay Residences

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Centurion 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%
1 bed	AED 1,936,000	AED 77,440
2 bed	AED 2,474,000	AED 98,960
3 bed	AED 4,171,000	AED 166,840

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 Flora Bay Residences

Flora Bay Residences payment plan: questions buyers ask

What is the payment plan for Flora Bay Residences?: Flora Bay Residences by Centurion is sold on a 20/30/50 plan: 20% on booking, 30% during construction, 50% on handover, as published by the developer.
How much is the booking amount for Flora Bay Residences?: 20% of the price. On the cheapest unit at AED 1.9M that is AED 387,200.
How much do I pay before I get the keys to Flora Bay Residences?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.9M that is AED 1.9M by handover in Q4 2027.
Does Flora Bay Residences have a post-handover payment plan?: No. The published plan completes at handover in Q4 2027.
What are the registration fees on Flora Bay Residences?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.9M that is AED 77,440. 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 Flora Bay Residences?: Centurion publishes Q4 2027, which is 15 months from now.