Modon · Abu Dhabi Industrial City · handover Q1 2031
Wadeem Gardens payment plan
Wadeem Gardens by Modon in Abu Dhabi Industrial City, 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 Q1 2031. Handover is 54 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 (entry unit, 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 | 54 |
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.
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
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land 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 | Land Department 4% |
|---|---|---|
| 4 bed | AED 8,700,000 | AED 348,000 |
| 5 bed | AED 10,200,000 | AED 408,000 |
| 6 bed | AED 11,600,000 | AED 464,000 |
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 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 Q1 2031.
- Does Wadeem Gardens have a post-handover payment plan?
- No. The published plan completes at handover in Q1 2031.
- What are the registration fees on Wadeem Gardens?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 8.7M that is AED 348,000. 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 Wadeem Gardens?
- Modon publishes Q1 2031, which is 54 months from now.
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Modon payment plans
Other Modon payment plans
starting from
AED 8.7M
handover Q1 2031