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Everly Place payment plan

Everly Place by Ellington Properties in Mohd Bin Rashid City is sold with a 20/50/30 payment plan: 20% down payment on booking, 50% during construction and 30% on handover.

With prices starting from AED 1,940,000, the 20% down payment starts from about AED 388,000, and handover is expected in Q1 2029.

Below is the full instalment schedule and a mortgage calculator, so you can see what you pay before handover and what is left to finance. Ask us for the official payment plan PDF and the current price list.

Payment Plan Breakdown

20%

Down Payment

On Booking Date

50%

During Construction

Easy Installments

30%

On Handover

Upon Completion

Mortgage Calculator

AED 1,500,000
AED 0 (20%)
4.50%
300 Months (25 Years)

Monthly EMI: AED 0

Breakup of Total Payment

Monthly Payment 0
Principal
AED 0
Interest Payable
AED 0
Total Amount Payable
AED 0

Upfront Costs & Bank Fees

Down Payment Required
AED 0
DLD Fee (4%) + Admin
AED 0
Total Upfront Needed
AED 0

Monthly Breakdown of EMI

Inst #Opening BalanceMonthly EMIInterestPrincipalClosing Balance

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Everly Place payment plan FAQ

What is the payment plan for Everly Place?

Everly Place has a 20/50/30 payment plan: 20% down payment on booking, 50% during construction and 30% on handover.

How much is the down payment for Everly Place?

The down payment is 20% of the price. For a unit starting at AED 1,940,000, that is about AED 388,000, plus the 4% DLD fee where it applies.

When is the handover of Everly Place?

Handover of Everly Place is expected in Q1 2029. The amount due on handover can be paid in cash or with a mortgage.

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