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Bayviews by Rak - Payment Plan

Mina Al Arab, Ras Al Khaimah

Bayviews by Rak Payment Plan

Payment Plan

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Bayviews is an innovative twin residential high-rise with many suitable payment plans offering by the RAK Properties. With this, most of potential customers can manage to invest in their dream home.

Easy Installments Monthly Cash Payment Plan (40:60)

Installments	Payment (%)	Milestones
Down Payment	10%	On Booking Date
1st to 20th Installment	10%	(0.5% Monthly)
21st to 24th Installment	20%	(5% Every 6 months)
Final Installment	60%	On Handover

Easy Installments 2 Years Payment Plan (50:50)

Installments	Payment (%)	Milestones
Down Payment	10%	On Booking Date
1st to 20th Installment	10%	(0.5% Monthly)
21st to 24th Installment	20%	(5% Every 6 months)
25th Installment	10%	On Handover
Easy Installments	50%	Post-Handover (for 2 years)

Easy Installments 3 Years Payment Plan (50:50)

Installments	Payment (%)	Milestones
Down Payment	10%	On Booking Date
1st to 20th Installment	10%	(0.5% Monthly)
21st to 24th Installment	20%	(5% Every 6 months)
25th Installment	10%	On Handover
Easy Installments	50%	Post-Handover (for 3 years)

Option-3A Easy 2 Years Monthly Installments Payment Plan (50:50)

Installment	Payment (%)	Milestone
Down Payment	10%	On Booking Date
1st to 5th Installment	2.5%	Within 5 months (0.5% monthly) from booking date
6th Installment	5%	Within 6 months from booking date
7th to 11th Installment	2.5%	Within 11 months (0.5% monthly) from booking date
12th Installment	5%	Within 12 months from booking date
13th to 17th Installment	2.5%	Within 17 months (0.5% monthly) from booking date
18th Installment	5%	Within 18 months from booking date
19th to 23th Installment	2.5%	Within 23 months (0.5% monthly) from booking date
24th Installment	5%	Within 24 months from booking date
25th Installment	10%	On Completion
26th to 30th Installment	5%	Within 5 months (1% monthly) from Completion date
31st Installment	7.5%	Within 6 months from Completion date
32nd to 36th Installment	5%	Within 11 months (1% monthly) from Completion date
37th Installment	7.5%	Within 12 months from Completion date
38th to 42nd Installment	5%	Within 17 months (1% monthly) from Completion date
43th Installment	7.5%	Within 18 months from Completion date
44th to 48th Installment	5%	Within 23 months (1% monthly) from Completion date
49th Installment	7.5%	Within 24 months from Completion date

Option-3B (2 Year 50/50) Half-Yearly Payment Plan

Installments	Payment (%)	Milestones
Down Payment	10%	On Booking Date
1st Installment	7.5%	within 6 months from booking date
2nd Installment	7.5%	within 12 months from booking date
3rd Installment	7.5%	within 18 months from booking date
4th Installment	7.5%	within 24 months from booking date
5th Installment	10%	On Completion
6th to 9th Installment	50%	within 24 months (12.5% / half-yearly) from Completion date

Option-4B (3 Year 50/50) Half-Yearly Payment Plan

Installments	Payment (%)	Milestones
Down Payment	10%	On Booking Date
1st Installment	7.5%	within 6 months from sales date
2nd Installment	7.5%	within 12 months from sales date
3rd Installment	7.5%	within 18 months from sales date
4th Installment	7.5%	within 24 months from sales date
5th Installment	10%	On Completion
6th to 10th	37.5%	within 30 months (7.5% / half-yearly) from Completion date
11th Installment	12.5%	Within 36 months from completion date

Property Type	Unit Type	Area	Starting Price	Size Breakup
STUDIO	STUDIOS = 65 Units	439 SQ FT	AED 530K	Click Here
APARTMENT	1 BEDROOM = 192 Units	826 SQ FT	On Request	Click Here
APARTMENT	2 BEDROOM = 87 Units	1,310 SQ FT	On Request	Click Here

Overview Floor Plan

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