The Chedi Private Residences at Sheikh Zayed Road - Payment Plan
Payment Plan
The Chedi Private Residences offers a straightforward and flexible payment plan designed to make your investment journey smooth and hassle-free. Here’s how it works:
Down Payment: Begin with a 10% payment at the time of booking to secure your unit.
During Construction: Pay 45% of the property value in easy, scheduled installments as the project progresses.
On Handover: At the completion of the project, a 10% payment is due, bringing you closer to owning your dream home.
Post-Handover: The remaining 35% can be settled over a comfortable period of up to 30 months, giving you ample time to manage your finances.
Attractive 65/35, Post-Handover Payment Plan
| Installment | Payment (%) | Milestone |
|---|---|---|
| Down Payment | 10% | On Booking Date |
| 1st Installment | 10% | Within 30 days from booking date |
| 2nd Installment | 5% | Within 8 months from booking date |
| 3rd Installment | 10% | Within 16 months from booking date |
| 4th Installment | 5% | On Completion of 50% construction |
| 5th Installment | 10% | On Completion of 60% construction |
| 6th Installment | 5% | On Completion of 70% construction |
| 7th Installment | 10% | On Handover |
| 8th Installment | 5% | Within 4 months after handover date |
| 9th Installment | 5% | Within 8 months after handover date |
| 10th Installment | 5% | Within 12 months after handover date |
| 11th Installment | 5% | Within 16 months after handover date |
| 12th Installment | 5% | Within 20 months after handover date |
| 13th Installment | 5% | Within 24 months after handover date |
| 14th Installment | 5% | Within 30 months after handover date |
