Velora Residence at Dubai Islands, Dubai by ATARA Development - Payment Plan
Velora Residence payment plan
Velora Residence by ATARA Development in Dubai Islands is sold with a 5/32/63 payment plan: 5% down payment on booking, 32% during construction and 63% on handover.
With prices starting from AED 1,800,000, the 5% down payment starts from about AED 90,000, 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
Down Payment
On Booking Date
During Construction
Easy Installments
On Handover
Upon Completion
Detailed Payment Schedule
| Installment / Milestone | Percentage | Description / Trigger |
|---|---|---|
| On Booking | 5% | Down payment |
| During Construction | 32% | Construction-linked instalments |
| On Handover | 63% | Q1 2029 |
Mortgage Calculator
Monthly EMI: AED 0
Breakup of Total Payment
Upfront Costs & Bank Fees
Monthly Breakdown of EMI
| Inst # | Opening Balance | Monthly EMI | Interest | Principal | Closing Balance |
|---|
Velora Residence payment plan FAQ
What is the payment plan for Velora Residence?
Velora Residence has a 5/32/63 payment plan: 5% down payment on booking, 32% during construction and 63% on handover.
How much is the down payment for Velora Residence?
The down payment is 5% of the price. For a unit starting at AED 1,800,000, that is about AED 90,000, plus the 4% DLD fee where it applies.
When is the handover of Velora Residence?
Handover of Velora Residence is expected in Q1 2029. The amount due on handover can be paid in cash or with a mortgage.
Developer: ATARA · Community: Dubai Islands · See all ATARA projects
