Edge at Raha Island offers flexible payment plans designed by RAK Properties to make owning a home in this prestigious development accessible. Buyers can choose from a variety of plans that suit their financial situation, ensuring a hassle-free purchase process. The payment plans typically include an initial down payment followed by easy installments, allowing buyers to spread the cost over time.
Standard 60/40 Installments Payment Plan
| Installments | Payment (%) | Milestones |
|---|
| Down Payment | 10% | On Booking Date |
| 1st Installment | 10% | Within 3 months from booking date |
| 2nd to 9th Installment | 40% | Within 27 months (5% Quarterly) from booking date |
| Final Installment | 40% | On Handover |
2 Years Post-Handover Payment Plan
| Installments | Payment (%) | Milestones |
|---|
| Down Payment | 10% | On Booking Date |
| 1st Installment | 10% | Within 3 months from booking date |
| 2nd to 9th Installment | 40% | Within 27 months (5% Quarterly) from booking date (Before Handover) |
| 10th to 17th Installment | 40% | Within 24 months (5% Quarterly) after handover (Post-Handover) |
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