IKR Development · JVC (Jumeirah Village Circle) · handover Q3 2027
Provenza Residences payment plan
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 12 months away.
Private enquiry
Ask about Provenza Residences.
Leave your WhatsApp number and email. I check what IKR Development currently offers on Provenza Residences.
- BrochurePDF
- Floor plansPDF
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–2 BR, 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 | 12 |
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.
Plan 1 of 2: Payment Plan 60/40
Published by IKR Development
| Stage | Instalment | Share | On AED 730,000 |
|---|---|---|---|
| On booking20% | On booking | 20% | AED 146,000 |
| DLDfee | 4% | AED 29,200 | |
| OQOOD Feefee | fixed | AED 4,200 | |
| During construction40% | Installment | 10% | AED 73,000 |
| Installment | 5% | AED 36,500 | |
| Installment | 10% | AED 73,000 | |
| Installment | 5% | AED 36,500 | |
| Upon Handover | as published | 40% | AED 292,000 |
| Total of the plan | 90% | AED 657,000 | |
Lines marked fee (DLD, OQOOD 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.
Plan 2 of 2: Post Handover Payment Plan 60/10/30
Published by IKR Development
| Stage | Instalment | Share | On AED 730,000 |
|---|---|---|---|
| Down Payment20% | Registration Feesfee | fixed | AED 4,200 |
| DLD feefee | 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 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.
- 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 12 months from now.
Payment plans in JVC (Jumeirah Village Circle)
starting from
AED 730K
handover Q3 2027