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EZRE

Cosmo Developments · Yas Island · handover Q4 2030

The WADI payment plan, price and handover

The WADI by Cosmo Developments in Yas Island, Abu Dhabi is sold on a 5/95 payment plan. On the cheapest unit, starting from AED 750K, that is AED 750K (100%) paid by handover in Q4 2030. Handover is 49 months away.

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The WADI payment plan in dirhams

Payment plan as published by the developer

StageShare
On booking5%
During construction (1% per month)95%

On the cheapest unit (Studio, 377 sqft, AED 750K)

On bookingAED 37,500
During construction (1% per month)AED 712,500
Total (100%)AED 750,000
Months to handover49

Percentages as published by Cosmo Developments. Dirham figures are those percentages applied to the published starting price of AED 750,000. Registration and other fees are not included.

The WADI instalment schedule, line by line

Cosmo Developments publishes 7 payment plans for The WADI. Each is shown as published, with every instalment and the charges listed alongside it.

Plan 1 of 6: Payment Plan for Residences (0% discount)

Published by Cosmo Developments

StageInstalmentShareOn AED 750,000
On booking5%On Booking5%AED 37,500
ADM Fee2%AED 15,000
During construction (1% per month)as published95%AED 712,500
Total of the plan100%AED 750,000

Lines marked fee (ADM 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 6: Payment Plan 10% Down Payment (5% Discount For Studio, 7% - For 1BR and Above) - 1% Monthly

Published by Cosmo Developments

StageInstalmentShareOn AED 750,000
On booking10%On Booking10%AED 75,000
ADM Fee2%AED 15,000
During Construction (1% Monthly)as published50%AED 375,000
Upon Handoveras published40%AED 300,000
Total of the plan100%AED 750,000

Lines marked fee (ADM 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 3 of 6: Payment Plan 1 for Residences (5% discount)

Published by Cosmo Developments

StageInstalmentShareOn AED 750,000
On booking30%On Booking30%AED 225,000
ADM Fee2%AED 15,000
Upon Handoveras published70%AED 525,000
Total of the plan100%AED 750,000

Lines marked fee (ADM 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 4 of 6: 30/70 Payment Plan (5% discount )

Published by Cosmo Developments

StageInstalmentShareOn AED 750,000
On booking20%On Booking20%AED 150,000
ADGM Fee1%AED 7,500
Admin feefixedAED 5,625
During constructionas published10%AED 75,000
On Handoveras published70%AED 525,000
Total of the plan100%AED 750,000

Lines marked fee (ADGM 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 5 of 6: Payment Plan 30% Down Payment (15% Discount For Studio, 20% - For 1BR and Above) - 1% Monthly

Published by Cosmo Developments

StageInstalmentShareOn AED 750,000
On booking30%On Booking30%AED 225,000
ADM Fee2%AED 15,000
During Construction ( 1% Monthly )as published50%AED 375,000
On Handoveras published20%AED 150,000
Total of the plan100%AED 750,000

Lines marked fee (ADM 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 6 of 6: Payment Plan 20% Down Payment (10% Discount For Studio, 15% - For 1BR and Above) - 1%

Published by Cosmo Developments

StageInstalmentShareOn AED 750,000
On booking20%On Booking20%AED 150,000
ADM Fee2%AED 15,000
During Construction ( 1% Monthly )as published50%AED 375,000
On Handoveras published30%AED 225,000
Total of the plan100%AED 750,000

Lines marked fee (ADM 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 Cosmo Developments; the dirham column applies each percentage to the published starting price of AED 750,000. Fixed charges are printed as published. Registration with the Department of Municipalities and Transport is shown separately below.

What each unit size pays at The WADI

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

UnitFromOn booking (5%)During construction (1% per month) (95%)
Commercefrom 1,456 sq ftAED 6,553,116AED 327,656AED 6,225,460
Studiofrom 377 sq ftAED 750,000AED 37,500AED 712,500
1 bedfrom 646 sq ftAED 1,900,000AED 95,000AED 1,805,000
1.5 bedfrom 916 sq ftAED 2,610,488AED 130,524AED 2,479,964
2 bedfrom 1,001 sq ftAED 2,500,000AED 125,000AED 2,375,000
3 bedfrom 2,213 sq ftAED 7,150,000AED 357,500AED 6,792,500
3 bedfrom 1,100 sq ftAED 3,601,337AED 180,067AED 3,421,270
4 bedfrom 2,418 sq ftAED 6,993,133AED 349,657AED 6,643,476

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

What it costs to register The WADI

In Abu Dhabi the registration fee is 2% of the contract value, paid when the sale is registered with the Department of Municipalities and Transport. It is paid to the Department, not to Cosmo 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.

UnitFromRegistration fee 2%
CommerceAED 6,553,116AED 131,062
StudioAED 750,000AED 15,000
1 bedAED 1,900,000AED 38,000
1.5 bedAED 2,610,488AED 52,210
2 bedAED 2,500,000AED 50,000
3 bedAED 7,150,000AED 143,000
3 bedAED 3,601,337AED 72,027
4 bedAED 6,993,133AED 139,863

2% applied to each published starting price. The rate is the registration fee the Department of Municipalities and Transport publishes on TAMM and is not a figure from the register.

Everything else on The WADI

The WADI payment plan: questions buyers ask

What is the payment plan for The WADI?
The WADI by Cosmo Developments is sold on a 5/95 plan: 5% on booking, 95% during construction (1% per month), as published by the developer.
How much is the booking amount for The WADI?
5% of the price. On the cheapest unit at AED 750K that is AED 37,500.
How much do I pay before I get the keys to The WADI?
100% of the price, the payment due on handover day included. On the cheapest unit at AED 750K that is AED 750K by handover in Q4 2030.
Does The WADI have a post-handover payment plan?
No. The published plan completes at handover in Q4 2030. If you sell before handover, this is how it works.
What are the registration fees on The WADI?
In Abu Dhabi the registration fee is 2% of the contract value, paid when the sale is registered with the Department of Municipalities and Transport. On the cheapest unit at AED 750K that is AED 15,000. It is paid to the 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 WADI?
Cosmo Developments publishes Q4 2030, which is 49 months from now.

Payment plans in Yas Island

starting from

AED 750K

handover Q4 2030

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