The Meriva Collection - Payment Plan

Palm Deira, Dubai

The Meriva Collection Payment Plan

The payment plan scheme of The Meriva Collection by Ellington Properties has been designed in such a way that it allows flexibility and a financial picture. Installments are pegged on construction milestones and this enables the buyer to comfortably finance the payments with time. This will reduce the initial commitment and then transparency in the ownership is guaranteed.

Exclusive Installments Payment Plan (70:30)

InstallmentPayment (%)Milestone
Down Payment20%On Purchase Date
1st Installment10%Within 60 days from purchase date
2nd Installment5%Within 120 days from purchase date
3rd Installment5%Within 180 days from purchase date
4th Installment5%Within 240 days from purchase date
5th Installment5%Within 360 days from purchase date
6th Installment5%On Completion of 20% construction of the project
7th Installment5%On Completion of 30% construction of the project
8th Installment5%On Completion of 40% construction of the project
9th Installment5%On Completion of 50% construction of the project
Final Installment30%On Completion
Starting Price

Starting Price

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