What is the payment plan for Timber Terrace?

Timber Terrace by Vakson First Property Development is sold on a 10/40/50 plan: 10% on booking, 40% during construction, 50% upon handover, as published by the developer.

How much is the booking amount for Timber Terrace?

10% of the price. On the cheapest unit at AED 1.1M that is AED 109,100.

How much do I pay before I get the keys to Timber Terrace?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.1M that is AED 1.1M by handover in Q3 2027.

Does Timber Terrace have a post-handover payment plan?

No. The published plan completes at handover in Q3 2027.

What are the registration fees on Timber Terrace?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.1M that is AED 43,640. 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 Timber Terrace?

Vakson First Property Development publishes Q3 2027, which is 12 months from now.

Vakson First Property Development · Dubai South · handover Q3 2027

Timber Terrace payment plan

Timber Terrace by Vakson First Property Development in Dubai South, Dubai is sold on a 10/40/50 payment plan. On the cheapest unit, starting from AED 1.1M, that is AED 1.1M (100%) paid by handover in Q3 2027. Handover is 12 months away.

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The Timber Terrace payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	10%
During construction	40%
Upon Handover	50%

On the cheapest unit (1–3 BR, AED 1.1M)

On booking	AED 109,100
During construction	AED 436,400
Upon Handover	AED 545,500
Total (100%)	AED 1,091,000
Months to handover	12

Percentages as published by Vakson First Property Development. Dirham figures are those percentages applied to the published starting price of AED 1,091,000. Registration and other fees are not included.

The Timber Terrace instalment schedule, line by line

Every instalment Vakson First Property Development publishes for Timber Terrace, in order, with the charges listed alongside the plan.

Payment Plan

Published by Vakson First Property Development

Stage	Instalment	Share	On AED 1,091,000
On booking10%	DLD Feefee	4%	AED 43,640
	Admin feefee	fixed	AED 3,000
During construction40%	1st Installment to 4th Installment	4 × 10%	AED 109,100 each
Upon Handover	as published	50%	AED 545,500
Total of the plan		100%	AED 1,091,000

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 Vakson First Property Development; the dirham column applies each percentage to the published starting price of AED 1,091,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Timber Terrace

The same plan, applied to the starting price Vakson First Property Development publishes for each size in the building.

Unit	From	On booking (10%)	During construction (40%)	Upon Handover (50%)
1 bedfrom 914 sq ft	AED 1,091,000	AED 109,100	AED 436,400	AED 545,500
2 bedfrom 1,128 sq ft	AED 1,389,000	AED 138,900	AED 555,600	AED 694,500
3 bedfrom 1,654 sq ft	AED 2,038,000	AED 203,800	AED 815,200	AED 1,019,000

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

What it costs to register Timber Terrace

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Vakson First Property 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%
1 bed	AED 1,091,000	AED 43,640
2 bed	AED 1,389,000	AED 55,560
3 bed	AED 2,038,000	AED 81,520

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 Timber Terrace

Timber Terrace payment plan: questions buyers ask

What is the payment plan for Timber Terrace?: Timber Terrace by Vakson First Property Development is sold on a 10/40/50 plan: 10% on booking, 40% during construction, 50% upon handover, as published by the developer.
How much is the booking amount for Timber Terrace?: 10% of the price. On the cheapest unit at AED 1.1M that is AED 109,100.
How much do I pay before I get the keys to Timber Terrace?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.1M that is AED 1.1M by handover in Q3 2027.
Does Timber Terrace have a post-handover payment plan?: No. The published plan completes at handover in Q3 2027.
What are the registration fees on Timber Terrace?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.1M that is AED 43,640. 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 Timber Terrace?: Vakson First Property Development publishes Q3 2027, which is 12 months from now.

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