Al Marjan Island offers a variety of flexible payment plans, tailored to suit the needs of different buyers across its numerous developments. Most plans typically begin with a 5-10% down payment, followed by 40-70% paid during construction, and a final 20-50% due upon handover. Each project on the island comes with its own unique payment plan, providing buyers with multiple options to spread payments over time. This flexibility ensures that both investors and homeowners can find a payment structure that aligns with their financial preferences, making property ownership on this exclusive island more accessible for more buyers.
Al Marjan Payment Plans by Project
See the payment plan schedule for all Al Marjan Projects
The Astera
Down Payment: 20%
During Construction: 60%
On Handover: 40%
Cala Del Mar
Down Payment: 20%
During Construction: 30%
On Handover: 50%
JW Marriott Residences
Down Payment: 10%
During Construction: 60%
On Handover: 30%
Manta Bay
Down Payment: 5%
During Construction: 55%
On Handover: 40%
Sora Beach Residences
Down Payment:
During Construction:
On Handover:
The Beach Residences
Down Payment:
During Construction:
On Handover:
The Undexpected
Down Payment:
During Construction:
On Handover:
Moonstone
Down Payment:
During Construction:
On Handover:
Nikki Beach Residences
Down Payment:
During Construction:
On Handover:
Oceano
Down Payment:
During Construction:
On Handover:
Danah Bay
Down Payment:
During Construction:
On Handover:
Payment Plan Breakdown – Example
| Percentage % | On Completion |
|---|---|
| 20% | At Booking |
| 5% | 90 Days after reservation date |
| 5% | 180 Days after reservation date |
| 5% | Once 20% construction of project is completed |
| 5% | Once 30% construction of project is completed |
| 5% | Once 40% construction of project is completed |
| 5% | Once 50% construction of project is completed |
| 50% | On Copletion |
This table represents the schedule of payments for the Cala Del Mar project by Ellington Properties. This would be classified as a 50/50 payment plan as it requires the payment of 50% of the total property price during construction and the remaining 50% at project completion.