Mirfa IBC Developers · JVC (Jumeirah Village Circle) · handover Q4 2027
The Borough payment plan
The Borough by Mirfa IBC Developers in JVC (Jumeirah Village Circle), Dubai is sold on a 10/45/45 payment plan. On the cheapest unit, starting from AED 1.3M, that is AED 1.3M (100%) paid by handover in Q4 2027. Handover is 15 months away.
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The Borough payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On Booking | 10% |
| During Construction | 45% |
| On Handover | 45% |
On the cheapest unit (1–2 BR, AED 1.3M)
| On Booking | AED 133,070 |
| During Construction | AED 598,815 |
| On Handover | AED 598,815 |
| Total (100%) | AED 1,330,701 |
| Months to handover | 15 |
Percentages as published by Mirfa IBC Developers. Dirham figures are those percentages applied to the published starting price of AED 1,330,701. Registration and other fees are not included.
What each unit size pays at The Borough
The same plan, applied to the starting price Mirfa IBC Developers publishes for each size in the building.
| Unit | From | On Booking (10%) | During Construction (45%) | On Handover (45%) |
|---|---|---|---|---|
| 1 bedfrom 815 sq ft | AED 1,330,701 | AED 133,070 | AED 598,815 | AED 598,815 |
| 2 bedfrom 1,082 sq ft | AED 1,767,230 | AED 176,723 | AED 795,254 | AED 795,254 |
Starting price per size as published by Mirfa IBC Developers; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register The Borough
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Mirfa IBC Developers 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 1,330,701 | AED 53,228 |
| 2 bed | AED 1,767,230 | AED 70,689 |
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 The Borough
The Borough payment plan: questions buyers ask
- What is the payment plan for The Borough?
- The Borough by Mirfa IBC Developers is sold on a 10/45/45 plan: 10% on booking, 45% during construction, 45% on handover, as published by the developer.
- How much is the booking amount for The Borough?
- 10% of the price. On the cheapest unit at AED 1.3M that is AED 133,070.
- How much do I pay before I get the keys to The Borough?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.3M that is AED 1.3M by handover in Q4 2027.
- Does The Borough have a post-handover payment plan?
- No. The published plan completes at handover in Q4 2027.
- What are the registration fees on The Borough?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.3M that is AED 53,228. 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 The Borough?
- Mirfa IBC Developers publishes Q4 2027, which is 15 months from now.
Payment plans in JVC (Jumeirah Village Circle)
starting from
AED 1.3M
handover Q4 2027