IKR Development · JVC (Jumeirah Village Circle) · handover Q3 2027
Provenza Residences payment plan, price and handover
Provenza Residences by IKR Development in JVC (Jumeirah Village Circle), Dubai is sold on a 20/40/40 payment plan. On the cheapest unit, starting from AED 730K, that is AED 730K (100%) paid by handover in Q3 2027. Handover is 10 months away.
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The Provenza Residences payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 20% |
| During construction | 40% |
| Upon Handover | 40% |
On the cheapest unit (Studio, 399 sqft, AED 730K)
| On booking | AED 146,000 |
| During construction | AED 292,000 |
| Upon Handover | AED 292,000 |
| Total (100%) | AED 730,000 |
| Months to handover | 10 |
Percentages as published by IKR Development. Dirham figures are those percentages applied to the published starting price of AED 730,000. Registration and other fees are not included.
The Provenza Residences instalment schedule, line by line
IKR Development publishes 2 payment plans for Provenza Residences. Each is shown as published, with every instalment and the charges listed alongside it.
Post Handover Payment Plan 60/10/30
Published by IKR Development
| Stage | Instalment | Share | On AED 730,000 |
|---|---|---|---|
| Down Payment20% | Registration Fees | fixed | AED 4,200 |
| DLD fee | 4% | AED 29,200 | |
| Down Payment | 20% | AED 146,000 | |
| During Construction40% | 1st Instalment | 10% | AED 73,000 |
| 2nd Instalment to 5th Instalment | 4 × 5% | AED 36,500 each | |
| 6th Instalment | 10% | AED 73,000 | |
| On Handover | as published | 10% | AED 73,000 |
| Post Handover30% | 1st Instalment to 12th Instalment | 12 × 2.5% | AED 18,250 each |
| Total of the plan | 100% | AED 730,000 | |
Lines marked fee (Registration Fees, DLD 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 IKR Development; the dirham column applies each percentage to the published starting price of AED 730,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Provenza Residences
The same plan, applied to the starting price IKR Development publishes for each size in the building.
| Unit | From | On booking (20%) | During construction (40%) | Upon Handover (40%) |
|---|---|---|---|---|
| Studiofrom 399 sq ft | AED 730,000 | AED 146,000 | AED 292,000 | AED 292,000 |
| 1 bedfrom 685 sq ft | AED 1,030,000 | AED 206,000 | AED 412,000 | AED 412,000 |
| 2 bedfrom 1,192 sq ft | AED 1,625,000 | AED 325,000 | AED 650,000 | AED 650,000 |
Starting price per size as published by IKR Development; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register Provenza Residences
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to IKR Development 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% |
|---|---|---|
| Studio | AED 730,000 | AED 29,200 |
| 1 bed | AED 1,030,000 | AED 41,200 |
| 2 bed | AED 1,625,000 | AED 65,000 |
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 Provenza Residences
- Provenza Residences: prices, units and handover
- Provenza Residences floor plans and unit sizes
- Off-plan projects we list in JVC (Jumeirah Village Circle)
- IKR Development projects we list
- Projects we list handing over in 2027
- Post-handover payment plans in JVC (Jumeirah Village Circle)
- Post-handover payment plans across Dubai
- Every off-plan project we list
- Ask us for the Provenza Residences brochure
Provenza Residences payment plan: questions buyers ask
- What is the payment plan for Provenza Residences?
- Provenza Residences by IKR Development is sold on a 20/40/40 plan: 20% on booking, 40% during construction, 40% upon handover, as published by the developer.
- How much is the booking amount for Provenza Residences?
- 20% of the price. On the cheapest unit at AED 730K that is AED 146,000.
- How much do I pay before I get the keys to Provenza Residences?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 730K that is AED 730K by handover in Q3 2027.
- Does Provenza Residences have a post-handover payment plan?
- No. The published plan completes at handover in Q3 2027. If you sell before handover, this is how it works.
- What are the registration fees on Provenza Residences?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 730K that is AED 29,200. 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 Provenza Residences?
- IKR Development publishes Q3 2027, which is 10 months from now.
Payment plans in JVC (Jumeirah Village Circle)
starting from
AED 730K
handover Q3 2027