What is the payment plan for Olfah?

Olfah by Alef is sold on a 5/35/35, 25% post-handover plan: 5% on booking, 35% during construction, 35% upon handover, 25% post handover for 18 months, as published by the developer.

How much is the booking amount for Olfah?

5% of the price. On the cheapest unit at AED 904K that is AED 45,200.

How much do I pay before I get the keys to Olfah?

75% of the price, the payment due on handover day included. On the cheapest unit at AED 904K that is AED 678K by handover in Q4 2029.

Does Olfah have a post-handover payment plan?

Yes. 25% (AED 226K on the cheapest unit) is paid after handover over 18 months.

What are the registration fees on Olfah?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 904K that is AED 36,160. 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 Olfah?

Alef publishes Q4 2029, which is 39 months from now.

Alef · Muwaileh Commercial · handover Q4 2029

Olfah payment plan

Olfah by Alef in Muwaileh Commercial, Sharjah is sold on a 5/35/35, 25% post-handover payment plan. On the cheapest unit, starting from AED 904K, that is AED 678K (75%) paid by handover in Q4 2029 and AED 226K (25%) after the keys over 18 months. Handover is 39 months away.

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The Olfah payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	5%
During construction	35%
Upon Handover	35%
Post Handover for 18 months	25%

On the cheapest unit (1–3 BR, AED 904K)

On booking	AED 45,200
During construction	AED 316,400
Upon Handover	AED 316,400
Post Handover for 18 months	AED 226,000
Paid by handover (75%)	AED 678,000
Months to handover	39
After handover (25%, 18 months)	AED 226,000

Percentages as published by Alef. Dirham figures are those percentages applied to the published starting price of AED 904,000. Registration and other fees are not included.

The Olfah instalment schedule, line by line

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

Plan 1 of 2: Payment Plan for Olfah 1, PH for 18 months)

Published by Alef

Stage	Instalment	Share	On AED 904,000
On booking	as published	5%	AED 45,200
During construction35%	After 30 days	5%	AED 45,200
	During construction 13 equal payments	30%	AED 271,200
Upon Handover	as published	35%	AED 316,400
Post Handover for 18 months	as published	25%	AED 226,000
Total of the plan		100%	AED 904,000

Plan 2 of 2: Payment Plan 1 (for buildings 1-3)

Published by Alef

Stage	Instalment	Share	On AED 904,000
On Booking10%	On Booking	5%	AED 45,200
	AED Attested feefee	fixed	AED 1,020
	Within 30 days	5%	AED 45,200
During construction20%	1st Installment to 11th Installment	11 × 1.8%	AED 16,272 each
On Handover	as published	70%	AED 632,800
Total of the plan		99.8%	AED 902,192

Lines marked fee (AED Attested 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 Alef; the dirham column applies each percentage to the published starting price of AED 904,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Olfah

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

Unit	From	On booking (5%)	During construction (35%)	Upon Handover (35%)	Post Handover for 18 months (25%)
1 bedfrom 769 sq ft	AED 904,000	AED 45,200	AED 316,400	AED 316,400	AED 226,000
2 bedfrom 1,422 sq ft	AED 1,449,000	AED 72,450	AED 507,150	AED 507,150	AED 362,250
3 bedfrom 1,844 sq ft	AED 1,839,000	AED 91,950	AED 643,650	AED 643,650	AED 459,750

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

What it costs to register Olfah

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Alef 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 904,000	AED 36,160
2 bed	AED 1,449,000	AED 57,960
3 bed	AED 1,839,000	AED 73,560

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 Olfah

Olfah payment plan: questions buyers ask

What is the payment plan for Olfah?: Olfah by Alef is sold on a 5/35/35, 25% post-handover plan: 5% on booking, 35% during construction, 35% upon handover, 25% post handover for 18 months, as published by the developer.
How much is the booking amount for Olfah?: 5% of the price. On the cheapest unit at AED 904K that is AED 45,200.
How much do I pay before I get the keys to Olfah?: 75% of the price, the payment due on handover day included. On the cheapest unit at AED 904K that is AED 678K by handover in Q4 2029.
Does Olfah have a post-handover payment plan?: Yes. 25% (AED 226K on the cheapest unit) is paid after handover over 18 months.
What are the registration fees on Olfah?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 904K that is AED 36,160. 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 Olfah?: Alef publishes Q4 2029, which is 39 months from now.