MAG Eye Payment Plan

Payment Plan

Down Payment

5%

Purchase Date

During Construction

45 %

Till Handover

Post Handover

50 %

Within 36 Months

MAG Eye townhouses and apartments are now offered with attractive payment plan options. As such, the 50/50 post-handover payment terms (3 years), wherein you pay 5% as a down payment on the date of purchase, 45% in easy installments till handover, and the rest 50% after handover seem like a suitable option. The development in a way is presenting a chance to invest or acquire townhouses and apartments with considerable ease. Keeping in mind the evolving scenarios and changing priorities, the options on offer are configured to suit your prevailing circumstances.

Easy 3 Years Post Handover Payment Plan (40/10/50) - Townhouses

Installments	Payment (%)	Milestones
Down Payment	5%	Sales Date
Admin Fee	AED 5000	Sales Date
DLD Registration	4%	Sales Date
1st Installment	5%	within 30 days from sales date
2nd to 30th Installment	30%	1% monthly payments
31st Installment	10%	On Completion & Handover
32nd to 37th Installment	5%	1% monthly after handover
38th Installment	3%	within 38th month after handover
39th to 43rd Installment	5%	1% monthly after 38th pay
44th Installment	4%	within 44th month after handover
45th to 49th Installment	5%	1% monthly after 44th pay
50th Installment	4%	within 50th month after handover
51st to 55th Installment	5%	1% monthly after 50th pay
56th Installment	4%	within 56th month after handover
57th to 61st Installment	5%	1% monthly after 56th pay
62nd Installment	4%	within 62nd month after handover
63nd to 68th Installment	6%	1% monthly after 62nd pay

Easy 2 Years Post Handover Payment Plan (40/10/50) - Apartments

Installments	Payment (%)	Milestones
Down Payment	5%	Sales Date
Admin Fee	AED 5000	Sales Date
DLD Registration	4%	Sales Date
1st Installment	5%	within 30 days from sales date
2nd to 30th Installment	30%	1% monthly payment
31st Installment	10%	On Completion & Handover
32nd to 56th Installment	50%	2% monthly after handover

Standard Payment Plan - Townhouses

Installments	Payment (%)	Milestones
Down Payment	5%	Sales Date
Admin Fee	AED 5000	Sales Date
DLD Registration	4%	Sales Date
1st Installment	5%	within 30 days from sales date
2nd Installment	5%	within 4 months from sales date
3rd Installment	5%	within 8 months from sales date
4th Installment	5%	within 14 months from sales date
5th Installment	5%	within 20 months from sales date
Final Installment	70%	On Completion & Handover

Standard Payment Plan - Apartments

Installments	Payment (%)	Milestones
Down Payment	5%	Sales Date
Admin Fee	AED 5000	Sales Date
DLD Registration	4%	Sales Date
1st Installment	5%	within 30 days from sales date
2nd Installment	5%	within 4 months from sales date
3rd Installment	5%	within 8 months from sales date
4th Installment	5%	within 12 months from sales date
5th Installment	5%	within 16 months from sales date
6th Installment	5%	within 20 months from sales date
7th Installment	5%	within 24 months from sales date
Final Installment	60%	On Completion & Handover