Off-Plan Payment Plan Calculator

What you need

• The purchase price in AED.
• The plan from the developer: the booking payment, each payment during construction, the payment on handover and any payments after handover, each as a share of the price.
• Optional: the expected date or milestone of each payment, as given by the developer.

The calculator opens on an example plan so you can see how it works: 20% at booking, 40% during construction and 40% on handover. It is an illustration, not a typical or recommended plan. Clear the figures and enter the shares from your own offer.

Step 1: Enter the price

All payments are worked out from the price in the sales agreement. Example: AED 1,000,000. Use the exact price on your offer, not a rounded figure.

Step 2: Enter each payment

Add one row per payment, with a label, a stage (booking, during construction, on handover or after handover), a share of the price and, if you like, a date or milestone. Construction payments are often linked to milestones such as a stage of building work; enter them as the developer describes them. For payments after handover, add one row for each instalment.

Step 3: Check that the plan adds up

The shares must add up to the whole price. If they do not, the calculator warns you and shows the total of the shares you entered. Correct the plan before you rely on the schedule.

Step 4: Build the schedule

For each payment, the amount is the price multiplied by its share. The schedule lists each payment with its label, timing, share, amount in AED, the cumulative amount paid and the cumulative share of the price.

Step 5: Add the fees due at booking

When a developer sells an off-plan unit, the sale is registered in the interim register, often called Oqood. DLD lists the charges for registering the sale as 4% of the sale value (2% from the seller and 2% from the buyer), an AED 10 knowledge fee and an AED 10 innovation fee, and AED 1,000 when the developer registers the sale in Oqood itself. Officially 2% seller and 2% buyer, but DLD says the 4% is paid according to the seller-buyer agreement. For an off-plan sale, DLD says the buyer pays the whole fee to the developer, who registers the sale, so the calculator adds the whole percentage fee and the knowledge and innovation fees. Check your sales agreement. The calculator adds the fee at booking by default; you can switch this off. Any developer administration fee is not set by DLD, so enter it yourself if you have been quoted one.

The cash needed at booking is the booking payment plus these fees.

Step 6: See the totals

The calculator shows the cash due at booking, the total paid by handover (both including the fee, if you added it) and the total due after handover. If you plan to finance part of the price, note that for property bought off-plan the Central Bank cap is 50% of the property value, and a lender may apply a different cap at handover, so use the mortgage calculator to test it.

You can print the schedule or save it as a PDF from your browser.

Before you rely on the schedule

Construction milestones can move, so dates in the schedule are estimates. Payments go into the project escrow account, and you can follow progress in the Dubai REST app. For how plans work and what to ask, read off-plan payment plans explained and Oqood registration and DLD fees.