What is the payment plan for Palace Residences Al Mamsha?

Palace Residences Al Mamsha by Alef is sold on a 10/20/70 plan: 10% on booking, 20% during construction, 70% on handover, as published by the developer.

How much is the booking amount for Palace Residences Al Mamsha?

10% of the price. On the cheapest unit at AED 929K that is AED 92,900.

How much do I pay before I get the keys to Palace Residences Al Mamsha?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 929K that is AED 929K by handover in Q4 2029.

Does Palace Residences Al Mamsha have a post-handover payment plan?

No. The published plan completes at handover in Q4 2029.

What are the registration fees on Palace Residences Al Mamsha?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 929K that is AED 37,160. 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 Palace Residences Al Mamsha?

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

Alef · Muwaileh Commercial · handover Q4 2029

Palace Residences Al Mamsha payment plan

Palace Residences Al Mamsha by Alef in Muwaileh Commercial, Sharjah is sold on a 10/20/70 payment plan. On the cheapest unit, starting from AED 929K, that is AED 929K (100%) paid by handover in Q4 2029. Handover is 39 months away.

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The Palace Residences Al Mamsha payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On Booking	10%
During construction	20%
On Handover	70%

On the cheapest unit (1–3 BR, AED 929K)

On Booking	AED 92,900
During construction	AED 185,800
On Handover	AED 650,300
Total (100%)	AED 929,000
Months to handover	39

Percentages as published by Alef. Dirham figures are those percentages applied to the published starting price of AED 929,000. Registration and other fees are not included.

The Palace Residences Al Mamsha instalment schedule, line by line

Every instalment Alef publishes for Palace Residences Al Mamsha, in order, with the charges listed alongside the plan.

Payment Plan

Published by Alef

Stage	Instalment	Share	On AED 929,000
On Booking10%	On Booking	5%	AED 46,450
	AED Attested feefee	fixed	AED 1,020
	Within 30 days	5%	AED 46,450
During construction20%	1st Installment to 14th Installment	14 × 1.4%	AED 13,006 each
On Handover	as published	70%	AED 650,300
Total of the plan		99.6%	AED 925,284

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 929,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Palace Residences Al Mamsha

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

Unit	From	On Booking (10%)	During construction (20%)	On Handover (70%)
1 bedfrom 593 sq ft	AED 929,000	AED 92,900	AED 185,800	AED 650,300
2 bedfrom 1,056 sq ft	AED 1,389,000	AED 138,900	AED 277,800	AED 972,300
3 bedfrom 1,467 sq ft	AED 1,759,000	AED 175,900	AED 351,800	AED 1,231,300

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 Palace Residences Al Mamsha

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 929,000	AED 37,160
2 bed	AED 1,389,000	AED 55,560
3 bed	AED 1,759,000	AED 70,360

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 Palace Residences Al Mamsha

Palace Residences Al Mamsha payment plan: questions buyers ask

What is the payment plan for Palace Residences Al Mamsha?: Palace Residences Al Mamsha by Alef is sold on a 10/20/70 plan: 10% on booking, 20% during construction, 70% on handover, as published by the developer.
How much is the booking amount for Palace Residences Al Mamsha?: 10% of the price. On the cheapest unit at AED 929K that is AED 92,900.
How much do I pay before I get the keys to Palace Residences Al Mamsha?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 929K that is AED 929K by handover in Q4 2029.
Does Palace Residences Al Mamsha have a post-handover payment plan?: No. The published plan completes at handover in Q4 2029.
What are the registration fees on Palace Residences Al Mamsha?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 929K that is AED 37,160. 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 Palace Residences Al Mamsha?: Alef publishes Q4 2029, which is 39 months from now.