In Dubai, developers offer two main payment options that make property purchases more accessible. Let’s explore these methods and break down the popular term "post-handover."

Types of Payment Plans

Standard Payment Plan
This is the most common option, usually structured as 60/40 or 70/30 plans. In these cases:

• 60% or 70% of the property’s price is paid in stages during construction.
• The remaining 40% or 30% is paid in a single payment on receipt of the keys

The UAE’s Equivalent of Installments: Post-Handover
Post-handover refers to a period after the property is handed over, during which the buyer continues to pay for the property according to a pre-agreed schedule.

What Makes Post-Handover Attractive?
Post-handover is a flexible payment option offered by many major developers in the UAE. It allows buyers to:

• Spread payments over 3−5 years after the property is delivered.
• Make payments without charging interest.
• Cover payments using rental income from the new property.

This approach reduces the financial burden and provides buyers with more time to manage their investments.

Selecting a Payment Plan During Reservation

When reserving a property, it’s important to choose a suitable payment plan. The approved plan shall be included in or attached to the booking contract This ensures that all terms are documented and transparent for both parties.