Mercer House at Uptown Dubai By Ellington Payment Plan gives homebuyers a straightforward and stress-free way to own a luxury residence in the heart of Uptown Dubai. With a 70/30 structure, buyers pay 70% of the property value during construction and settle the remaining 30% only at handover. This setup allows families and investors to plan their finances carefully without rushing into full payment upfront.
With just a 20% down payment, you can reserve your unit and secure your preferred home in this sought-after community. From there, the remaining payments are spaced out logically, giving flexibility and transparency throughout the process.
Ellington designed this payment plan to remove the usual hurdles of buying a luxury home. It’s straightforward, practical, and buyer-friendly, letting residents focus on enjoying the high-quality design, modern amenities, and prime location of Mercer House in Uptown Dubai.
Installment | Payment (%) | Milestone |
|---|---|---|
Down Payment | 20% | On Booking Date |
1st Installment | 10% | Within 60 days from booking date |
2nd Installment | 10% | Within 120 days from booking date |
3rd Installment | 5% | Within 240 days from booking date |
4th Installment | 5% | Within 360 days from booking date |
5th Installment | 5% | On Completion of 30% Construction of the project |
6th Installment | 5% | On Completion of 40% Construction of the project |
7th Installment | 5% | On Completion of 50% Construction of the project |
8th Installment | 5% | On Completion of 60% Construction of the project |
Final Installment | 30% | On Completion |
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