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EZRE

Aqaar · Al Rumailah 2 · handover Q3 2029

Mawjan Residence payment plan

Mawjan Residence by Aqaar in Al Rumailah 2, Ajman is sold on a 5/42/26, 27% post-handover payment plan. On the cheapest unit, starting from AED 584K, that is AED 426K (73%) paid by handover in Q3 2029 and AED 158K (27%) after the keys. Handover is 36 months away.

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The Mawjan Residence payment plan in dirhams

Payment plan as published by the developer

StageShare
On Booking5%
During Construction42%
On Handover26%
After Handover27%

On the cheapest unit (Studio–3 BR, AED 584K)

On BookingAED 29,194
During ConstructionAED 245,230
On HandoverAED 151,809
After HandoverAED 157,648
Paid by handover (73%)AED 426,232
Months to handover36
After handover (27%)AED 157,648

Percentages as published by Aqaar. Dirham figures are those percentages applied to the published starting price of AED 583,880. Registration and other fees are not included.

The Mawjan Residence instalment schedule, line by line

Aqaar publishes 2 payment plans for Mawjan Residence. Each is shown as published, with every instalment and the charges listed alongside it.

Plan 1 of 2: Payment Plan 1 (post handover 2 years)

Published by Aqaar

StageInstalmentShareOn AED 583,880
On Bookingas published5%AED 29,194
During Construction42%1st Installment to 42nd Installment42 × 1%AED 5,839 each
On Handoveras published26%AED 151,809
After Handover27%1st Installment to 24th Installment24 × 1.1%AED 6,423 each
Total of the plan99.4%AED 580,377

Plan 2 of 2: Payment Plan 2 (post handover 2 years)

Published by Aqaar

StageInstalmentShareOn AED 583,880
On Bookingas published10%AED 58,388
During Construction35%1st Installment to 41st Installment41 × 0.84%AED 4,905 each
On Handoveras published28%AED 163,486
After Handover27%1st Installment to 32nd Installment32 × 0.84%AED 4,905 each
Total of the plan99.32%AED 579,910

Instalments and charges as published by Aqaar; the dirham column applies each percentage to the published starting price of AED 583,880. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Mawjan Residence

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

UnitFromOn Booking (5%)During Construction (42%)On Handover (26%)After Handover (27%)
Studiofrom 584 sq ftAED 583,880AED 29,194AED 245,230AED 151,809AED 157,648
1 bedfrom 1,007 sq ftAED 1,047,699AED 52,385AED 440,034AED 272,402AED 282,879
2 bedfrom 1,788 sq ftAED 1,787,674AED 89,384AED 750,823AED 464,795AED 482,672
3 bedfrom 2,271 sq ftAED 2,733,745AED 136,687AED 1,148,173AED 710,774AED 738,111

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

What it costs to register Mawjan Residence

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Aqaar 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%
StudioAED 583,880AED 23,355
1 bedAED 1,047,699AED 41,908
2 bedAED 1,787,674AED 71,507
3 bedAED 2,733,745AED 109,350

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 Mawjan Residence

Mawjan Residence payment plan: questions buyers ask

What is the payment plan for Mawjan Residence?
Mawjan Residence by Aqaar is sold on a 5/42/26, 27% post-handover plan: 5% on booking, 42% during construction, 26% on handover, 27% after handover, as published by the developer.
How much is the booking amount for Mawjan Residence?
5% of the price. On the cheapest unit at AED 584K that is AED 29,194.
How much do I pay before I get the keys to Mawjan Residence?
73% of the price, the payment due on handover day included. On the cheapest unit at AED 584K that is AED 426K by handover in Q3 2029.
Does Mawjan Residence have a post-handover payment plan?
Yes. 27% (AED 158K on the cheapest unit) is paid after handover.
What are the registration fees on Mawjan Residence?
The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 584K that is AED 23,355. 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 Mawjan Residence?
Aqaar publishes Q3 2029, which is 36 months from now.

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