OFF-PLAN
Payment plan
The instalment schedule of an off-plan purchase, quoted as a split like 60/40 or 80/20: the share paid during construction versus at or after handover. Milestones are tied to booking, construction stages and completion, defined in the SPA.
Plans differ more than headline splits suggest: a 60/40 with quarterly instalments asks very different cashflow from a 60/40 with milestone triggers. Model the actual dirham schedule before committing, including the 4% DLD fee near booking.
More from off-plan
This explains the general case. If Payment plan has come up in a live deal of yours, talk to the team: specific answers, registered numbers, no obligation.