What is the payment plan for The WOW Tower?

The WOW Tower by Mr. Eight Development is sold on a 20/30/10, 40% post-handover plan: 20% on booking, 30% during construction, 10% on handover, 40% post handpver, as published by the developer.

How much is the booking amount for The WOW Tower?

20% of the price. On the cheapest unit at AED 715K that is AED 142,959.

How much do I pay before I get the keys to The WOW Tower?

60% of the price, the payment due on handover day included. On the cheapest unit at AED 715K that is AED 429K by handover in Q3 2029.

Does The WOW Tower have a post-handover payment plan?

Yes. 40% (AED 286K on the cheapest unit) is paid after handover over 18 months.

What are the registration fees on The WOW Tower?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 715K that is AED 28,592. 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 WOW Tower?

Mr. Eight Development publishes Q3 2029, which is 36 months from now.

Mr. Eight Development · Dubailand Residence Complex · handover Q3 2029

The WOW Tower payment plan

The WOW Tower by Mr. Eight Development in Dubailand Residence Complex, Dubai is sold on a 20/30/10, 40% post-handover payment plan. On the cheapest unit, starting from AED 715K, that is AED 429K (60%) paid by handover in Q3 2029 and AED 286K (40%) after the keys over 18 months. Handover is 36 months away.

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The WOW Tower payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On Booking	20%
During Construction	30%
On Handover	10%
Post Handpver	40%

On the cheapest unit (Studio–2 BR, AED 715K)

On Booking	AED 142,959
During Construction	AED 214,439
On Handover	AED 71,480
Post Handpver	AED 285,919
Paid by handover (60%)	AED 428,878
Months to handover	36
After handover (40%, 18 months)	AED 285,919

Percentages as published by Mr. Eight Development. Dirham figures are those percentages applied to the published starting price of AED 714,797. Registration and other fees are not included.

The The WOW Tower instalment schedule, line by line

Every instalment Mr. Eight Development publishes for The WOW Tower, in order, with the charges listed alongside the plan.

Payment Plan 60/40 (post handover 18 months)

Published by Mr. Eight Development

Stage	Instalment	Share	On AED 714,797
On Booking20%	On Booking	20%	AED 142,959
	DLD Feefee	4%	AED 28,592
	Admin Feefee	fixed	AED 5,000
During Construction30%	Installment to Installment	2 × 5%	AED 35,740 each
	Installment to Installment	2 × 10%	AED 71,480 each
On Handover	as published	10%	AED 71,480
Post Handpver40%	Installment to Installment	2 × 15%	AED 107,219 each
	Installment	10%	AED 71,480
Total of the plan		100%	AED 714,797

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 Mr. Eight Development; the dirham column applies each percentage to the published starting price of AED 714,797. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at The WOW Tower

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

Unit	From	On Booking (20%)	During Construction (30%)	On Handover (10%)	Post Handpver (40%)
Commercefrom 1,012 sq ft	AED 2,024,046	AED 404,809	AED 607,214	AED 202,405	AED 809,618
Studiofrom 377 sq ft	AED 714,797	AED 142,959	AED 214,439	AED 71,480	AED 285,919
1 bedfrom 670 sq ft	AED 1,100,206	AED 220,041	AED 330,062	AED 110,021	AED 440,082
2 bedfrom 1,220 sq ft	AED 1,882,608	AED 376,522	AED 564,782	AED 188,261	AED 753,043

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

What it costs to register The WOW Tower

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Mr. Eight Development 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%
Commerce	AED 2,024,046	AED 80,962
Studio	AED 714,797	AED 28,592
1 bed	AED 1,100,206	AED 44,008
2 bed	AED 1,882,608	AED 75,304

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 WOW Tower

The WOW Tower payment plan: questions buyers ask

What is the payment plan for The WOW Tower?: The WOW Tower by Mr. Eight Development is sold on a 20/30/10, 40% post-handover plan: 20% on booking, 30% during construction, 10% on handover, 40% post handpver, as published by the developer.
How much is the booking amount for The WOW Tower?: 20% of the price. On the cheapest unit at AED 715K that is AED 142,959.
How much do I pay before I get the keys to The WOW Tower?: 60% of the price, the payment due on handover day included. On the cheapest unit at AED 715K that is AED 429K by handover in Q3 2029.
Does The WOW Tower have a post-handover payment plan?: Yes. 40% (AED 286K on the cheapest unit) is paid after handover over 18 months.
What are the registration fees on The WOW Tower?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 715K that is AED 28,592. 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 WOW Tower?: Mr. Eight Development publishes Q3 2029, which is 36 months from now.