
by Mira Developments
Richmond Residences Building 2 at Mira Coral Bay, Ras Al Khaimah by Mira Developments - Payment Plan
Payment Plan Breakdown
10%
Down Payment
On Booking Date
35%
During Construction
Easy Installments
5%
On Handover
Upon Completion
50%
Post Handover
Post Handover for 3 years
Detailed Payment Schedule
| Installment / Milestone | Percentage | Description / Trigger |
|---|---|---|
| On Booking | 10% | Down payment |
| After 1 Month | 10% | From booking |
| 6 – 24 Months | 20% | 5% every six months during construction |
| After 28 Months | 5% | During construction |
| On Handover | 5% | Q2 2029 |
| 3 & 6 Months After Handover | 10% | 5% every three months |
| 9 – 36 Months After Handover | 40% | 4% every three months |
Mortgage Calculator
Monthly EMI: AED 0
Breakup of Total Payment
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 Balance | Monthly EMI | Interest | Principal | Closing Balance |
|---|
Developer: Mira · Community: Ras al Khaimah · See all Mira projects