Modon · Al Hudayriyat Island · handover Q2 2031
Wadeem Gardens payment plan, price and handover
Wadeem Gardens by Modon in Al Hudayriyat Island, Abu Dhabi is sold on a 5/20/75 payment plan. On the cheapest unit, starting from AED 8.7M, that is AED 8.7M (100%) paid by handover in Q2 2031. Handover is 55 months away.
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The Wadeem Gardens payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 5% |
| During construction | 20% |
| Upon Handover | 75% |
On the cheapest unit (4 BR, 4,628 sqft, AED 8.7M)
| On booking | AED 435,000 |
| During construction | AED 1,740,000 |
| Upon Handover | AED 6,525,000 |
| Total (100%) | AED 8,700,000 |
| Months to handover | 55 |
Percentages as published by Modon. Dirham figures are those percentages applied to the published starting price of AED 8,700,000. Registration and other fees are not included.
The Wadeem Gardens instalment schedule, line by line
Every instalment Modon publishes for Wadeem Gardens, in order, with the charges listed alongside the plan.
Payment plan
Published by Modon
| Stage | Instalment | Share | On AED 8,700,000 |
|---|---|---|---|
| On booking5% | ADM Fee | 2% | AED 174,000 |
| DARI Fee | fixed | AED 499 | |
| During construction | as published | 20% | AED 1,740,000 |
| Upon Handover | as published | 75% | AED 6,525,000 |
| Total of the plan | 100% | AED 8,700,000 | |
Lines marked fee (ADM Fee, DARI 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 Modon; the dirham column applies each percentage to the published starting price of AED 8,700,000. Fixed charges are printed as published. Registration with the Department of Municipalities and Transport is shown separately below.
What each unit size pays at Wadeem Gardens
The same plan, applied to the starting price Modon publishes for each size in the building.
| Unit | From | On booking (5%) | During construction (20%) | Upon Handover (75%) |
|---|---|---|---|---|
| 4 bedfrom 4,628 sq ft | AED 8,700,000 | AED 435,000 | AED 1,740,000 | AED 6,525,000 |
| 5 bedfrom 5,489 sq ft | AED 10,200,000 | AED 510,000 | AED 2,040,000 | AED 7,650,000 |
| 6 bedfrom 6,361 sq ft | AED 11,600,000 | AED 580,000 | AED 2,320,000 | AED 8,700,000 |
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 Wadeem Gardens
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 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 | Registration fee 2% |
|---|---|---|
| 4 bed | AED 8,700,000 | AED 174,000 |
| 5 bed | AED 10,200,000 | AED 204,000 |
| 6 bed | AED 11,600,000 | AED 232,000 |
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 Wadeem Gardens
Wadeem Gardens payment plan: questions buyers ask
- What is the payment plan for Wadeem Gardens?
- Wadeem Gardens by Modon is sold on a 5/20/75 plan: 5% on booking, 20% during construction, 75% upon handover, as published by the developer.
- How much is the booking amount for Wadeem Gardens?
- 5% of the price. On the cheapest unit at AED 8.7M that is AED 435,000.
- How much do I pay before I get the keys to Wadeem Gardens?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 8.7M that is AED 8.7M by handover in Q2 2031.
- Does Wadeem Gardens have a post-handover payment plan?
- No. The published plan completes at handover in Q2 2031. If you sell before handover, this is how it works.
- What are the registration fees on Wadeem Gardens?
- 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 8.7M that is AED 174,000. 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 Wadeem Gardens?
- Modon publishes Q2 2031, which is 55 months from now.
Payment plans in Al Hudayriyat Island
Modon payment plans
Other Modon payment plans
starting from
AED 8.7M
handover Q2 2031