Bay Grove Residences provides a flexible payment plan that is structured to make buying a luxury home easier. The plan can be tailored to suit different financial situations, while still allowing you to secure your dream home in this exclusive community. Prices start at AED 1,85 million for an apartment with one bedroom and go up to AED 7,60 million for duplexes or penthouses with four bedrooms. The payment plan is divided up into seven installments, with a completion date estimated at September 2028. Booking begins with a down payment of 20%, then 10% is due in March 2025. The following installments are evenly spaced, with 5% in July 20,25, then 10% in November, followed by 10% in March, and finally 10% in July. The next 5% will be due in November 2026. The remaining 30% is due at the time of transfer, scheduled to be September 2028. This payment plan allows buyers to spread their payments out over several years. It makes it easier for them to manage their finances and secure a property at one of Dubai’s top locations.
Installment | Payment(%) | Payment Schedule |
Down Payment | 20% | On Purchase Date |
1st Installment | 10% | Within 4 months from the Purchase Date |
2nd Installment | 5% | Within 8 months from the purchase Date |
3rd Installment | 10% | Within 12 months from the purchase Date |
4th Installment | 10% | Within 16 months from the Purchase Date |
5th Installment | 10% | Within 20 months from the Purchase Date |
6th Installment | 5% | Within 24 months from the Purchase Date |
Final Installment | 30% | On Completion |
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