Terrazzo Residences is sold on a 50/50 plan: 10% on booking, 40% spread across the construction period and the remaining 50% on handover. Holding half the price back until completion keeps the outlay low while the buildings go up, and with handover now close those construction installments fall over a short window rather than several years. Off-plan payments are held in an escrow account regulated by the Dubai Land Department, which also charges 4% on registration. Our team offers off-plan buying and mortgage advice so you can arrange the handover payment in good time.
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