06/12/2016

Dubai Properties launches flexible payment plan for Ramadan

Leading developer to offer flexible, post-handover payment plans in key mid-market developments at Arabella and Serena.

Dubai, UAE - 12 June 2016: Dubai Properties, a leading Dubai-based real estate master developer and manager, has announced a flexible payment plan for purchasers of properties in its Arabella and Serena developments as part of its celebration of the Holy Month of Ramadan.  

The plan brings greater ease to buyers with extended payment terms and increased flexibility in post-handover repayments. As part of the terms of the offer, a 10% down-payment is made followed by bi-annual payments over a three-year period for 30% of the purchase price; during handover, an additional 30% payment is made, and balance of the purchase price is made during the two years after final handover. Units that are available on this payment plan, range in price from AED 1.3m to AED 2.2m and include townhouses and villas of 2-5 bedrooms.

Marwan Al Kindi, Executive Director - Sales and Sales Operations said: “We have listened to what our purchasers have told us over recent months and have created this payment plan for the Holy Month of Ramadan to offer them the flexibility they would like when purchasing property in Arabella and Serena. Dubai Properties is committed to delivering developments that meet the needs of the market and tailored financing is one way we achieve this.”

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