CITYVIEW Developments · Downtown Dubai · handover Q4 2029
Sofitel Branded Residences payment plan
Sofitel Branded Residences by CITYVIEW Developments in Downtown Dubai, Dubai is sold on a 20/30/50 payment plan. On the cheapest unit, starting from AED 2.5M, that is AED 2.5M (100%) paid by handover in Q4 2029. Handover is 39 months away.
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The Sofitel Branded Residences payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On Booking | 20% |
| During Construction | 30% |
| On Handover | 50% |
On the cheapest unit (entry unit, AED 2.5M)
| On Booking | AED 510,000 |
| During Construction | AED 765,000 |
| On Handover | AED 1,275,000 |
| Total (100%) | AED 2,550,000 |
| Months to handover | 39 |
Percentages as published by CITYVIEW Developments. Dirham figures are those percentages applied to the published starting price of AED 2,550,000. Registration and other fees are not included.
The Sofitel Branded Residences instalment schedule, line by line
Every instalment CITYVIEW Developments publishes for Sofitel Branded Residences, in order, with the charges listed alongside the plan.
Payment Plan
Published by CITYVIEW Developments
| Stage | Instalment | Share | On AED 2,550,000 |
|---|---|---|---|
| On Booking20% | Down Payment | 20% | AED 510,000 |
| DLD FEEfee | 4% | AED 102,000 | |
| During Construction30% | Installment to Installment | 6 × 5% | AED 127,500 each |
| On Handover50% | On Handover | 50% | AED 1,275,000 |
| Total of the plan | 100% | AED 2,550,000 | |
Lines marked fee (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 CITYVIEW Developments; the dirham column applies each percentage to the published starting price of AED 2,550,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Sofitel Branded Residences
The same plan, applied to the starting price CITYVIEW Developments publishes for each size in the building.
| Unit | From | On Booking (20%) | During Construction (30%) | On Handover (50%) |
|---|---|---|---|---|
| 1 bedfrom 893 sq ft | AED 2,550,000 | AED 510,000 | AED 765,000 | AED 1,275,000 |
| 2 bedfrom 1,367 sq ft | AED 3,900,000 | AED 780,000 | AED 1,170,000 | AED 1,950,000 |
| 3 bedfrom 1,884 sq ft | AED 5,600,000 | AED 1,120,000 | AED 1,680,000 | AED 2,800,000 |
| 5 bedfrom 5,673 sq ft | AED 30,000,000 | AED 6,000,000 | AED 9,000,000 | AED 15,000,000 |
Starting price per size as published by CITYVIEW Developments; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register Sofitel Branded Residences
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to CITYVIEW Developments 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 2,550,000 | AED 102,000 |
| 2 bed | AED 3,900,000 | AED 156,000 |
| 3 bed | AED 5,600,000 | AED 224,000 |
| 5 bed | AED 30,000,000 | AED 1,200,000 |
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 Sofitel Branded Residences
Sofitel Branded Residences payment plan: questions buyers ask
- What is the payment plan for Sofitel Branded Residences?
- Sofitel Branded Residences by CITYVIEW Developments is sold on a 20/30/50 plan: 20% on booking, 30% during construction, 50% on handover, as published by the developer.
- How much is the booking amount for Sofitel Branded Residences?
- 20% of the price. On the cheapest unit at AED 2.5M that is AED 510,000.
- How much do I pay before I get the keys to Sofitel Branded Residences?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.5M that is AED 2.5M by handover in Q4 2029.
- Does Sofitel Branded Residences have a post-handover payment plan?
- No. The published plan completes at handover in Q4 2029.
- What are the registration fees on Sofitel Branded Residences?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.5M that is AED 102,000. 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 Sofitel Branded Residences?
- CITYVIEW Developments publishes Q4 2029, which is 39 months from now.
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starting from
AED 2.5M
handover Q4 2029