What is the payment plan for John Richmond Residences?

John Richmond Residences by Mira Developments is sold on a 10/40/5, 45% post-handover plan: 10% on booking, 40% during construction, 5% on handover, 45% post handover, as published by the developer.

How much is the booking amount for John Richmond Residences?

10% of the price. On the cheapest unit at AED 890K that is AED 89,000.

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

55% of the price, the payment due on handover day included. On the cheapest unit at AED 890K that is AED 490K by handover in Q2 2029.

Does John Richmond Residences have a post-handover payment plan?

Yes. 45% (AED 401K on the cheapest unit) is paid after handover.

What are the registration fees on John Richmond Residences?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 890K that is AED 35,600. 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 John Richmond Residences?

Mira Developments publishes Q2 2029, which is 33 months from now.

Mira Developments · Jebel Ali First · handover Q2 2029

John Richmond Residences payment plan

John Richmond Residences by Mira Developments in Jebel Ali First, Dubai is sold on a 10/40/5, 45% post-handover payment plan. On the cheapest unit, starting from AED 890K, that is AED 490K (55%) paid by handover in Q2 2029 and AED 401K (45%) after the keys. Handover is 33 months away.

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The John Richmond Residences payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On Booking	10%
During Construction	40%
On Handover	5%
Post Handover	45%

On the cheapest unit (Studio–2 BR, AED 890K)

On Booking	AED 89,000
During Construction	AED 356,000
On Handover	AED 44,500
Post Handover	AED 400,500
Paid by handover (55%)	AED 489,500
Months to handover	33
After handover (45%)	AED 400,500

Percentages as published by Mira Developments. Dirham figures are those percentages applied to the published starting price of AED 890,000. Registration and other fees are not included.

The John Richmond Residences instalment schedule, line by line

Every instalment Mira Developments publishes for John Richmond Residences, in order, with the charges listed alongside the plan.

Payment Plan (post handover 3 years)

Published by Mira Developments

Stage	Instalment	Share	On AED 890,000
On Booking	as published	10%	AED 89,000
During Construction40%	1st Installment to 4th Installment	4 × 5%	AED 44,500 each
On Handover	as published	5%	AED 44,500
Post Handover45%	1st Installment	5%	AED 44,500
	2nd Installment	40%	AED 356,000
Total of the plan		80%	AED 712,000

Instalments and charges as published by Mira Developments; the dirham column applies each percentage to the published starting price of AED 890,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at John Richmond Residences

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

Unit	From	On Booking (10%)	During Construction (40%)	On Handover (5%)	Post Handover (45%)
Studiofrom 396 sq ft	AED 890,000	AED 89,000	AED 356,000	AED 44,500	AED 400,500
1 bedfrom 719 sq ft	AED 1,502,000	AED 150,200	AED 600,800	AED 75,100	AED 675,900
2 bedfrom 1,186 sq ft	AED 2,076,000	AED 207,600	AED 830,400	AED 103,800	AED 934,200

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

What it costs to register John Richmond Residences

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

Unit	From	Land Department 4%
Studio	AED 890,000	AED 35,600
1 bed	AED 1,502,000	AED 60,080
2 bed	AED 2,076,000	AED 83,040

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 John Richmond Residences

John Richmond Residences payment plan: questions buyers ask

What is the payment plan for John Richmond Residences?: John Richmond Residences by Mira Developments is sold on a 10/40/5, 45% post-handover plan: 10% on booking, 40% during construction, 5% on handover, 45% post handover, as published by the developer.
How much is the booking amount for John Richmond Residences?: 10% of the price. On the cheapest unit at AED 890K that is AED 89,000.
How much do I pay before I get the keys to John Richmond Residences?: 55% of the price, the payment due on handover day included. On the cheapest unit at AED 890K that is AED 490K by handover in Q2 2029.
Does John Richmond Residences have a post-handover payment plan?: Yes. 45% (AED 401K on the cheapest unit) is paid after handover.
What are the registration fees on John Richmond Residences?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 890K that is AED 35,600. 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 John Richmond Residences?: Mira Developments publishes Q2 2029, which is 33 months from now.