Budoor Villas by IMKAN Properties provide a very easy and attractive 40/60 post-handover payment plan for homebuyers looking to invest in the AlJurf Gardens community nestled between Abu Dhabi and Dubai.
In terms, the payment plan of villas provides a down payment option of 10% at the time of buying property and 30% during construction and the remaining 60% payable on handover. The other attractive option also provided by the developer with a 4 to 5 years, payment plan.
Option 1: Till Completion / 30-70 Payment Plan
| Installment | Payment | Milestone |
|---|
| Down Payment | 10.0% | Upon Signing SPA |
| 1st Installment | 4.7% | Within 6 months from signing SPA (Enabling works completion) |
| 2nd Installment | 5.3% | Within 12 months from signing SPA (Foundation completion) |
| 3rd Installment | 5.0% | Within 18 months from signing SPA (Superstructure completion) |
| 4th Installment | 5.0% | Within 24 months from signing SPA (Completion of Villa envelope) |
| Final Installment | 70.0% | 100% Construction Completion |
Option 2: Till Completion / 40-60 Payment Plan
| Installment | Payment | Milestone |
|---|
| Down Payment | 10.0% | Upon Signing SPA |
| 1st Installment | 7.3% | Within 6 months from signing SPA (Enabling works completion) |
| 2nd Installment | 7.6% | Within 12 months from signing SPA (Foundation completion) |
| 3rd Installment | 7.5% | Within 18 months from signing SPA (Superstructure completion) |
| 4th Installment | 7.5% | Within 24 months from signing SPA (Completion of Villa envelope) |
| Final Installment | 60.0% | 100% Construction Completion |
Option 3: 4 Year Payment Plan
| Installment | Payment | Milestone |
|---|
| Down Payment | 10% | Upon Signing SPA |
| 1st Installment | 4.7% | Within 6 months from signing SPA (Enabling works completion) |
| 2nd Installment | 5.3% | Within 12 months from signing SPA (Foundation completion) |
| 3rd Installment | 5.0% | Within 18 months from signing SPA (Superstructure completion) |
| 4th Installment | 5.0% | Within 24 months from signing SPA (Completion of Villa envelope) |
| 5th Installment | 10.0% | 100% Construction Completion |
| 6th Installment | 15.0% | Post Construction Completion Payment 1 |
| 7th Installment | 15.0% | Post Construction Completion Payment 2 |
| 8th Installment | 15.0% | Post Construction Completion Payment 3 |
| 9th Installment | 15.0% | Post Construction Completion Payment 4 |
Option 4: 5 Year Payment Plan
| Installment | Payment | Milestone |
|---|
| Down Payment | 10% | Upon Signing SPA |
| 1st Installment | 4.7% | Within 6 months from signing SPA (Enabling works completion) |
| 2nd Installment | 5.3% | Within 12 months from signing SPA (Foundation completion) |
| 3rd Installment | 5.0% | Within 18 months from signing SPA (Superstructure completion) |
| 4th Installment | 5.0% | Within 24 months from signing SPA (Completion of Villa envelope) |
| 5th Installment | 10.0% | 100% Construction Completion |
| 6th Installment | 10.0% | Post Construction Completion Payment 1 |
| 7th Installment | 10.0% | Post Construction Completion Payment 2 |
| 8th Installment | 10.0% | Post Construction Completion Payment 3 |
| 9th Installment | 10.0% | Post Construction Completion Payment 4 |
| 10th Installment | 10.0% | Post Construction Completion Payment 5 |
| 11th Installment | 10.0% | Post Construction Completion Payment 6 |
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