What is the payment plan for Park Beach Residence?

Park Beach Residence by Park Group is sold on a 10/40/10, 40% post-handover plan: 10% on booking, 40% during construction, 10% upon handover, 40% within 36 months ph, as published by the developer.

How much is the booking amount for Park Beach Residence?

10% of the price. On the cheapest unit at AED 3.9M that is AED 390,084.

How much do I pay before I get the keys to Park Beach Residence?

60% of the price, the payment due on handover day included. On the cheapest unit at AED 3.9M that is AED 2.3M by handover in Q4 2027.

Does Park Beach Residence have a post-handover payment plan?

Yes. 40% (AED 1.6M on the cheapest unit) is paid after handover.

What are the registration fees on Park Beach Residence?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 3.9M that is AED 156,034. 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 Park Beach Residence?

Park Group publishes Q4 2027, which is 15 months from now.

Park Group · Al Marjan Island · handover Q4 2027

Park Beach Residence payment plan

Park Beach Residence by Park Group in Al Marjan Island, Ras Al Khaimah is sold on a 10/40/10, 40% post-handover payment plan. On the cheapest unit, starting from AED 3.9M, that is AED 2.3M (60%) paid by handover in Q4 2027 and AED 1.6M (40%) after the keys. Handover is 15 months away.

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The Park Beach Residence payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	10%
During construction	40%
Upon Handover	10%
Within 36 months PH	40%

On the cheapest unit (entry unit, AED 3.9M)

On booking	AED 390,084
During construction	AED 1,560,336
Upon Handover	AED 390,084
Within 36 months PH	AED 1,560,336
Paid by handover (60%)	AED 2,340,505
Months to handover	15
After handover (40%)	AED 1,560,336

Percentages as published by Park Group. Dirham figures are those percentages applied to the published starting price of AED 3,900,841. Registration and other fees are not included.

What each unit size pays at Park Beach Residence

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

Unit	From	On booking (10%)	During construction (40%)	Upon Handover (10%)	Within 36 months PH (40%)
Commercefrom 780 sq ft	AED 3,900,841	AED 390,084	AED 1,560,336	AED 390,084	AED 1,560,336

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

What it costs to register Park Beach Residence

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Park Group 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%
Commerce	AED 3,900,841	AED 156,034

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 Park Beach Residence

Park Beach Residence payment plan: questions buyers ask

What is the payment plan for Park Beach Residence?: Park Beach Residence by Park Group is sold on a 10/40/10, 40% post-handover plan: 10% on booking, 40% during construction, 10% upon handover, 40% within 36 months ph, as published by the developer.
How much is the booking amount for Park Beach Residence?: 10% of the price. On the cheapest unit at AED 3.9M that is AED 390,084.
How much do I pay before I get the keys to Park Beach Residence?: 60% of the price, the payment due on handover day included. On the cheapest unit at AED 3.9M that is AED 2.3M by handover in Q4 2027.
Does Park Beach Residence have a post-handover payment plan?: Yes. 40% (AED 1.6M on the cheapest unit) is paid after handover.
What are the registration fees on Park Beach Residence?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 3.9M that is AED 156,034. 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 Park Beach Residence?: Park Group publishes Q4 2027, which is 15 months from now.

Payment plans in Al Marjan Island

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starting from AED 562KStudio–2BR

starting from

AED 3.9M

handover Q4 2027

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