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Complete the Payments
Dubai Properties
Complete the Payments
Once the Sales and Purchase Agreement (SPA) is signed, the next key step is to complete the financial commitments required to secure ownership. How you pay—and when—depends on whether you’re buying an off-plan property from a developer or a resale property from a private seller. Understanding the structure and requirements of each payment pathway helps avoid delays, penalties, or unexpected costs.
Off-Plan Property Payments
If you’re purchasing an off-plan property, payments are usually made in installments linked to construction progress. This phased approach makes it more manageable for buyers to invest in higher-value properties without paying everything upfront. A typical schedule might look like this:
Before signing the SPA
- 5-10% during booking or reservation
- 10–20% plus 4% DLD fees
After signing the SPA (as per the payment plan)
- 20–30% during mid-construction
- 30–40% on completion and handover
Some developers also offer post-handover payment plans, allowing buyers to settle the remaining balance over 2–5 years after the property is delivered—ideal for investors planning to generate rental income during that period.
Always confirm the exact terms and whether the developer offers grace periods, penalties, or discounts for early payment.
Resale Property Payments
For resale properties, the process is more straightforward but faster-paced. Buyers typically pay the full purchase amount at the time of title transfer, which is handled through the Dubai Land Department. If you’re using a UAE mortgage, the bank will release the funds to the seller once all due diligence is complete. If paying in cash, you will need to wire the full amount, usually within 30 days of signing the SPA. Resale buyers should also budget for related costs, such as DLD fees (typically 4% of the property price), agency commissions (around 2%), and registration fees.
In Summary: Completing your payment is a pivotal part of the Dubai property buying journey. Whether you’re managing phased installments for an off-plan unit or arranging full payment for a resale home, being financially prepared—and exploring the best funding strategy from both the U.S. and UAE sides—will ensure a smoother process. Consulting a real estate expert and financial advisor can help you align your payment strategy with your broader investment goals.