What is the payment plan for Palm Central Private Residences Phase 2?

Palm Central Private Residences Phase 2 by Nakheel is sold on a 20/50/30 plan: 20% on booking, 50% during construction, 30% upon handover, as published by the developer.

How much is the booking amount for Palm Central Private Residences Phase 2?

20% of the price. On the cheapest unit at AED 2.7M that is AED 540,000.

How much do I pay before I get the keys to Palm Central Private Residences Phase 2?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.7M that is AED 2.7M by handover in Q4 2030.

Does Palm Central Private Residences Phase 2 have a post-handover payment plan?

No. The published plan completes at handover in Q4 2030.

What are the registration fees on Palm Central Private Residences Phase 2?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.7M that is AED 108,000. 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 Palm Central Private Residences Phase 2?

Nakheel publishes Q4 2030, which is 49 months from now.

Nakheel · Palm Jebel Ali · handover Q4 2030

Palm Central Private Residences Phase 2 payment plan

Palm Central Private Residences Phase 2 by Nakheel in Palm Jebel Ali, Dubai is sold on a 20/50/30 payment plan. On the cheapest unit, starting from AED 2.7M, that is AED 2.7M (100%) paid by handover in Q4 2030. Handover is 49 months away.

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The Palm Central Private Residences Phase 2 payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	20%
During construction	50%
Upon Handover	30%

On the cheapest unit (1–4 BR, AED 2.7M)

On booking	AED 540,000
During construction	AED 1,350,000
Upon Handover	AED 810,000
Total (100%)	AED 2,700,000
Months to handover	49

Percentages as published by Nakheel. Dirham figures are those percentages applied to the published starting price of AED 2,700,000. Registration and other fees are not included.

The Palm Central Private Residences Phase 2 instalment schedule, line by line

Every instalment Nakheel publishes for Palm Central Private Residences Phase 2, in order, with the charges listed alongside the plan.

Payment Plan 70/30

Published by Nakheel

Stage	Instalment	Share	On AED 2,700,000
On booking	as published	20%	AED 540,000
During construction50%	1st Installment to 2nd Installment	2 × 5%	AED 135,000 each
	3rd Installment to 5th Installment	3 × 10%	AED 270,000 each
	6th Installment to 7th Installment	2 × 5%	AED 135,000 each
Upon Handover	as published	30%	AED 810,000
Total of the plan		100%	AED 2,700,000

Instalments and charges as published by Nakheel; the dirham column applies each percentage to the published starting price of AED 2,700,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Palm Central Private Residences Phase 2

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

Unit	From	On booking (20%)	During construction (50%)	Upon Handover (30%)
1 bedfrom 829 sq ft	AED 2,700,000	AED 540,000	AED 1,350,000	AED 810,000
2 bedfrom 1,216 sq ft	AED 4,300,000	AED 860,000	AED 2,150,000	AED 1,290,000
3 bedfrom 2,034 sq ft	AED 7,500,000	AED 1,500,000	AED 3,750,000	AED 2,250,000
4 bedfrom 3,272 sq ft	AED 12,400,000	AED 2,480,000	AED 6,200,000	AED 3,720,000
4 bedfrom 3,993 sq ft	AED 14,900,000	AED 2,980,000	AED 7,450,000	AED 4,470,000

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

What it costs to register Palm Central Private Residences Phase 2

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Nakheel 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 2,700,000	AED 108,000
2 bed	AED 4,300,000	AED 172,000
3 bed	AED 7,500,000	AED 300,000
4 bed	AED 12,400,000	AED 496,000
4 bed	AED 14,900,000	AED 596,000

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 Palm Central Private Residences Phase 2

Palm Central Private Residences Phase 2 payment plan: questions buyers ask

What is the payment plan for Palm Central Private Residences Phase 2?: Palm Central Private Residences Phase 2 by Nakheel is sold on a 20/50/30 plan: 20% on booking, 50% during construction, 30% upon handover, as published by the developer.
How much is the booking amount for Palm Central Private Residences Phase 2?: 20% of the price. On the cheapest unit at AED 2.7M that is AED 540,000.
How much do I pay before I get the keys to Palm Central Private Residences Phase 2?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.7M that is AED 2.7M by handover in Q4 2030.
Does Palm Central Private Residences Phase 2 have a post-handover payment plan?: No. The published plan completes at handover in Q4 2030.
What are the registration fees on Palm Central Private Residences Phase 2?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.7M that is AED 108,000. 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 Palm Central Private Residences Phase 2?: Nakheel publishes Q4 2030, which is 49 months from now.