Instalment plan for an apartment in Dubai - experience Dubai luxury living - FERROCOM

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Instalment plan for an apartment in Dubai – experience Dubai luxury living

Instalment plan for an apartment in Dubai – experience Dubai luxury living

If you’ve dreamed of living in Dubai and enjoying its renowned luxury lifestyle, purchasing an apartment through an instalment plan could make that dream a reality. Dubai’s property developers are offering attractive Instalment plan for an apartment in Dubai that allow you to buy high-end apartments by paying over several years instead of the full amount upfront.

Instalment plan for an apartment in Dubai
Instalment plan for an apartment in Dubai

With an instalment plan, you can secure your dream home in Dubai’s most prestigious communities like Dubai Marina, Palm Jumeirah, Downtown Dubai, or Dubai Creek Harbour. Imagine waking up every morning with stunning views of the Arabian Gulf, world-class amenities at your doorstep, and a lifestyle of indulgence and convenience.

The instalment payment structure typically requires an initial down payment, often around 10-20% of the total property value. The remaining amount is then divided into monthly, quarterly or semi-annual instalments to be paid over 3-7 years, depending on the developer and payment plan. Developers like Emaar, Damac, Dubai Properties, and Meraas offer a variety of such plans catering to different budgets.

One of the major benefits is that you start earning rental income from day one if you choose to rent out the property. The rental yields in Dubai are among the highest in the world, ranging from 5-9% annually. This rental income can partially or fully offset your instalment payments, helping you pay off your apartment faster.

Purchasing a property through an instalment plan also offers financing options from leading banks in the UAE. You can opt for a mortgage after paying the initial down payment, allowing you to pay the remaining value in smaller monthly instalments along with interest. However, be sure to consider the mortgage interest rates and associated fees.

Beyond just owning a prestigious property, investing in Dubai real estate offers long-term benefits like securing a UAE residency visa, potential capital appreciation, and passing on the property as an inheritance. With Dubai’s thriving economy, world-class infrastructure and pro-business policies, your investment is likely to appreciate over time.

If you’ve always yearned to experience the epitome of luxury living, now is the time to take advantage of the attractive instalment plans offered by leading developers in Dubai. Start your journey towards homeownership in one of the world’s most vibrant cities.

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