Elevate By Prescott in Arjan
Buyers in Arjan can access studio, 1 - 2 beds apartment options at Elevate By Prescott from AED 690,000. A 20% booking payment secures the unit. Construction-phase instalments total 30%, with the remaining 50% due at handover. Projected gross returns run in the 6.6 to 9.1% range annually, in line with similar off-plan product in Dubai. Buyers at the AED 5,000 monthly instalment level may qualify for units in Elevate By Prescott. MonthlyDubai can check against your specific budget.
Payment Plan Breakdown
Minimum monthly instalment during construction: AED 7,138. No mortgage or bank approval required.
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 138,000 Due on signing SPA | |
| During Construction | 30% | AED 7,138/mo 29 months | |
| On Handover | 50% | AED 345,000 Due at TBC | |
| Total | 100% | AED 690,000 |
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