What is the payment plan for Tara Park?

Tara Park by Modon is sold on a 5/45/50 plan: 5% on booking, 45% during construction, 50% upon handover, as published by the developer.

How much is the booking amount for Tara Park?

5% of the price. On the cheapest unit at AED 1.6M that is AED 82,000.

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

100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.6M that is AED 1.6M by handover in Q4 2030.

Does Tara Park have a post-handover payment plan?

No. The published plan completes at handover in Q4 2030.

What are the registration fees on Tara Park?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.6M that is AED 65,600. 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 Tara Park?

Modon publishes Q4 2030, which is 51 months from now.

Modon · Al Reem Island · handover Q4 2030

Tara Park payment plan

Tara Park by Modon in Al Reem Island, Abu Dhabi is sold on a 5/45/50 payment plan. On the cheapest unit, starting from AED 1.6M, that is AED 1.6M (100%) paid by handover in Q4 2030. Handover is 51 months away.

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The Tara Park payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	5%
During construction	45%
Upon Handover	50%

On the cheapest unit (2–3 BR, AED 1.6M)

On booking	AED 82,000
During construction	AED 738,000
Upon Handover	AED 820,000
Total (100%)	AED 1,640,000
Months to handover	51

Percentages as published by Modon. Dirham figures are those percentages applied to the published starting price of AED 1,640,000. Registration and other fees are not included.

The Tara Park instalment schedule, line by line

Modon publishes 2 payment plans for Tara Park. Each is shown as published, with every instalment and the charges listed alongside it.

Plan 1 of 2: Payment Plan

Published by Modon

Stage	Instalment	Share	On AED 1,640,000
On booking5%	ADMfee	2%	AED 32,800
	On booking	5%	AED 82,000
During construction45%	1st Installment	5%	AED 82,000
	2nd Installment	10%	AED 164,000
	3rd Installment to 4th Installment	2 × 5%	AED 82,000 each
	5th Installment	10%	AED 164,000
	6th Installment to 7th Installment	2 × 5%	AED 82,000 each
Upon Handover	as published	50%	AED 820,000
Total of the plan		100%	AED 1,640,000

Lines marked fee (ADM) 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 40/60

Published by Modon

Stage	Instalment	Share	On AED 1,640,000
On Booking	as published	5%	AED 82,000
During Construction	Installment to Installmentfee	7 × 5%	AED 82,000 each
On Handover	as published	60%	AED 984,000
Total of the plan		65%	AED 1,066,000

Lines marked fee (Installment to Installment) 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 Modon; the dirham column applies each percentage to the published starting price of AED 1,640,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Tara Park

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

Unit	From	On booking (5%)	During construction (45%)	Upon Handover (50%)
1 bedfrom 877 sq ft	AED 1,640,000	AED 82,000	AED 738,000	AED 820,000
2 bedfrom 1,305 sq ft	AED 2,385,000	AED 119,250	AED 1,073,250	AED 1,192,500
3 bedfrom 2,051 sq ft	AED 3,518,000	AED 175,900	AED 1,583,100	AED 1,759,000

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

What it costs to register Tara Park

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Modon 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 1,640,000	AED 65,600
2 bed	AED 2,385,000	AED 95,400
3 bed	AED 3,518,000	AED 140,720

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 Tara Park

Tara Park payment plan: questions buyers ask

What is the payment plan for Tara Park?: Tara Park by Modon is sold on a 5/45/50 plan: 5% on booking, 45% during construction, 50% upon handover, as published by the developer.
How much is the booking amount for Tara Park?: 5% of the price. On the cheapest unit at AED 1.6M that is AED 82,000.
How much do I pay before I get the keys to Tara Park?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.6M that is AED 1.6M by handover in Q4 2030.
Does Tara Park have a post-handover payment plan?: No. The published plan completes at handover in Q4 2030.
What are the registration fees on Tara Park?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.6M that is AED 65,600. 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 Tara Park?: Modon publishes Q4 2030, which is 51 months from now.