Condor Developers

Concept 7 Residences Payment Plan

Apartments

Studio, 1 & 2 Bedrooms

Size

393 to 1,598 Sq Ft.

Handover

Q4 - 2024

Starting Price

AED 687,500

Payment Plan

The Concept 7 Residences requires only 20% as Down payment, 40% during construction, and the remaining 30% post-handover in 24 months, thus providing an easy way to owning a premium home in Dubai.

Option 1 - Standard Payment Plan

Installment	Payment	Milestone
Down Payment	20%	On Booking Date
1st Installment	10%	Within 3 months from booking date
2nd Installment	10%	Within 6 months from booking date
3rd Installment	10%	On Completion on 70% Construction
4th Installment	10%	On Completion on 80% Construction
5th Installment	10%	On Completion on 90% Construction
Final Installment	30%	On Handover

Option 2 - Post-Handover Payment Plan (2 Years)

Installment	Payment	Milestone
Down Payment	20%	On Booking Date
1st Installment	10%	Within 3 months from booking date
2nd Installment	10%	Within 6 months from booking date
3rd Installment	10%	On Completion on 70% Construction
4th Installment	10%	On Completion on 80% Construction
5th Installment	10%	On Handover
6th Installment	5%	Within 4 months after handover
7th Installment	5%	Within 8 months after handover
8th Installment	5%	Within 12 months after handover
9th Installment	5%	Within 16 months after handover
10th Installment	5%	Within 20 months after handover
11th Installment	5%	Within 24 months after handover

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