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Palladium Prime Real Estate Development · Dubai Internet City · handover Q3 2028

Magnolia payment plan, price and handover

Magnolia by Palladium Prime Real Estate Development in Dubai Internet City, Dubai is sold on a 30/30/40 payment plan. On the cheapest unit, starting from AED 1.16M, that is AED 1.16M (100%) paid by handover in Q3 2028. Handover is 23 months away.

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Ask about Magnolia.

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The Magnolia payment plan in dirhams

Payment plan as published by the developer

StageShare
On booking30%
During construction30%
Upon Handover40%

On the cheapest unit (entry unit, AED 1.16M)

On bookingAED 348,000
During constructionAED 348,000
Upon HandoverAED 464,000
Total (100%)AED 1,160,000
Months to handover23

Percentages as published by Palladium Prime Real Estate Development. Dirham figures are those percentages applied to the published starting price of AED 1,160,000. Registration and other fees are not included.

The Magnolia instalment schedule, line by line

Every instalment Palladium Prime Real Estate Development publishes for Magnolia, in order, with the charges listed alongside the plan.

Payment Plan 60/40

Published by Palladium Prime Real Estate Development

StageInstalmentShareOn AED 1,160,000
On booking30%On booking10%AED 116,000
DLDfee4%AED 46,400
Admin FeefixedAED 5,000
30 days from the booking date10%AED 116,000
60 days from the booking date10%AED 116,000
During construction30%Installment to Installment6 × 5%AED 58,000 each
Upon Handoveras published40%AED 464,000
Total of the plan100%AED 1,160,000

Lines marked fee (DLD, Admin 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 Palladium Prime Real Estate Development; the dirham column applies each percentage to the published starting price of AED 1,160,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What it costs to register Magnolia

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Palladium Prime Real Estate Development 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%
Entry unitAED 1,160,000AED 46,400

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 Magnolia

Magnolia payment plan: questions buyers ask

What is the payment plan for Magnolia?
Magnolia by Palladium Prime Real Estate Development is sold on a 30/30/40 plan: 30% on booking, 30% during construction, 40% upon handover, as published by the developer.
How much is the booking amount for Magnolia?
30% of the price. On the cheapest unit at AED 1.16M that is AED 348,000.
How much do I pay before I get the keys to Magnolia?
100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.16M that is AED 1.16M by handover in Q3 2028.
Does Magnolia have a post-handover payment plan?
No. The published plan completes at handover in Q3 2028. If you sell before handover, this is how it works.
What are the registration fees on Magnolia?
The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.16M that is AED 46,400. 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 Magnolia?
Palladium Prime Real Estate Development publishes Q3 2028, which is 23 months from now.

Payment plans in Dubai Internet City

Palladium Prime Real Estate Development payment plans

Other Palladium Prime Real Estate Development payment plans

starting from

AED 1.16M

handover Q3 2028

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