The Pier Residence by LMD Payment Plan

Payment Plan

Starting From

AED 1,400,000

The Pier Residence offers a simple and flexible payment plan to make your investment journey smooth and stress-free:
20% Down Payment: Pay at the time of booking to secure your unit.

40% During Construction: Spread over 5 easy installments for a comfortable payment schedule.
5% On Handover: Pay when the project is 100% complete and ready for move-in.
35% Post-Handover: Settle the remaining amount within 24 months for added flexibility.

This simple and stress-free payment plan makes owning a luxurious apartment at The Pier Residence easier than ever.

1- Attractive 60/40 Installments Payment Plan

Installment	Payment (%)	Milestone
Down Payment	10%	On Booking Date
1st Installment	10%	Within 30 days from booking date
2nd Installment	5%	Within 9 months from booking date
3rd Installment	5%	Within 13 months from booking date
4th Installment	10%	Within 17 months from booking date
5th Installment	10%	Within 21 months from booking date
6th Installment	10%	Within 27 months from booking date
Final Installment	40%	On Completion

2- Attractive 60/40 Post-Handover Payment Plan

Installment	Payment (%)	Milestone
Down Payment	20%	On Booking Date
1st Installment	5%	Within 2 months from booking date
2nd Installment	5%	Within 10 months from booking date
3rd Installment	10%	Within 15 months from booking date
4th Installment	10%	Within 21 months from booking date
5th Installment	10%	Within 28 months from booking date
6th Installment	5%	On Completion
7th Installment	5%	Within 3 months after completion date
8th Installment	5%	Within 6 months after completion date
9th Installment	5%	Within 9 months after completion date
10th Installment	5%	Within 12 months after completion date
11th Installment	5%	Within 16 months after completion date
12th Installment	5%	Within 20 months after completion date
13th Installment	5%	Within 24 months after completion date