Premier Choice · Dubai Industrial City · handover Q2 2028
South Loft Residences payment plan
South Loft Residences by Premier Choice in Dubai Industrial City, Dubai is sold on a 20/40/40 payment plan. On the cheapest unit, starting from AED 475K, that is AED 475K (100%) paid by handover in Q2 2028. Handover is 21 months away.
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- BrochurePDF
The South Loft Residences payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On Booking | 20% |
| During Construction | 40% |
| On Completion | 40% |
On the cheapest unit (1 BR, AED 475K)
| On Booking | AED 95,000 |
| During Construction | AED 190,000 |
| On Completion | AED 190,000 |
| Total (100%) | AED 475,000 |
| Months to handover | 21 |
Percentages as published by Premier Choice. Dirham figures are those percentages applied to the published starting price of AED 475,000. Registration and other fees are not included.
The South Loft Residences instalment schedule, line by line
Premier Choice publishes 2 payment plans for South Loft 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 Premier Choice
| Stage | Instalment | Share | On AED 475,000 |
|---|---|---|---|
| On Booking20% | On Booking | 20% | AED 95,000 |
| DLD Feefee | 4% | AED 19,000 | |
| Admin Feefee | fixed | AED 5,250 | |
| During Construction40% | Installment to Installment | 3 × 5% | AED 23,750 each |
| Installment | 10% | AED 47,500 | |
| Installment to Installment | 3 × 5% | AED 23,750 each | |
| On Completion | as published | 40% | AED 190,000 |
| Total of the plan | 100% | AED 475,000 | |
Lines marked fee (DLD Fee, Admin 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: Payment Plan (post handover 60 months)
Published by Premier Choice
| Stage | Instalment | Share | On AED 475,000 |
|---|---|---|---|
| On Booking20% | On Booking | 20% | AED 95,000 |
| DLD Feefee | 4% | AED 19,000 | |
| Admin Feefee | fixed | AED 5,250 | |
| During Construction30% | Installment to Installment | 2 × 5% | AED 23,750 each |
| Installment | 10% | AED 47,500 | |
| Installment to Installment | 2 × 5% | AED 23,750 each | |
| On Handover | as published | 10% | AED 47,500 |
| Post Handover40% | 1st Installment to 10th Installment | 10 × 4% | AED 19,000 each |
| Total of the plan | 100% | AED 475,000 | |
Lines marked fee (DLD Fee, Admin 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 Premier Choice; the dirham column applies each percentage to the published starting price of AED 475,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at South Loft Residences
The same plan, applied to the starting price Premier Choice publishes for each size in the building.
| Unit | From | On Booking (20%) | During Construction (40%) | On Completion (40%) |
|---|---|---|---|---|
| Studiofrom 314 sq ft | AED 475,000 | AED 95,000 | AED 190,000 | AED 190,000 |
| 1 bedfrom 432 sq ft | AED 625,000 | AED 125,000 | AED 250,000 | AED 250,000 |
Starting price per size as published by Premier Choice; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register South Loft Residences
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Premier Choice 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 475,000 | AED 19,000 |
| 1 bed | AED 625,000 | AED 25,000 |
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 South Loft Residences
South Loft Residences payment plan: questions buyers ask
- What is the payment plan for South Loft Residences?
- South Loft Residences by Premier Choice is sold on a 20/40/40 plan: 20% on booking, 40% during construction, 40% on completion, as published by the developer.
- How much is the booking amount for South Loft Residences?
- 20% of the price. On the cheapest unit at AED 475K that is AED 95,000.
- How much do I pay before I get the keys to South Loft Residences?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 475K that is AED 475K by handover in Q2 2028.
- Does South Loft Residences have a post-handover payment plan?
- No. The published plan completes at handover in Q2 2028.
- What are the registration fees on South Loft Residences?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 475K that is AED 19,000. 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 South Loft Residences?
- Premier Choice publishes Q2 2028, which is 21 months from now.
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AED 475K
handover Q2 2028