Cheval Residences at Dubai Islands by Avenew

Payment Plan

The 50/50 payment plan at Cheval Residences by Avenew Development is structured with a clarity and balance that reflects the developer’s understanding of what buyers at the AED 2.8 million waterfront apartment level need from a payment architecture in order to make the commitment with both financial confidence and strategic planning certainty across the construction period to Q1 2029.

The 10% down payment on booking date is the entry point that makes the Cheval Residences purchase decision immediately actionable for buyers whose capital position at the luxury waterfront apartment level is prepared for the commitment but benefits from the accessibility that a 10% booking structure provides at the front end of the purchase. At AED 2.8 million as the starting price, a 10% booking deposit of AED 280,000 secures a Cheval Residences apartment at Dubai Islands with a developer of Avenew’s standing, and it does so without requiring the buyer to mobilise a disproportionate share of their available capital at the moment of commitment, preserving the flexibility that intelligent property investors value in the early stages of an off-plan acquisition.

The 40% during construction via easy instalments distributes the construction-phase majority of the purchase commitment across a payment cadence whose manageability reflects Avenew Development’s understanding that the most successful off-plan payment plans are those whose structure feels like a financial partnership between developer and buyer rather than a series of obligations imposed by the developer on the buyer. Easy instalments across the construction period to Q1 2029 mean that the 40% construction phase commitment is never a concentrated financial event requiring the sudden mobilisation of a large capital sum but rather a steady, foreseeable, budget-integrable series of payments whose regularity makes the investment feel consistently manageable from booking through to the final construction milestone.

The 50% on handover at 100% completion at Q1 2029 is the defining structural feature of the Cheval Residences 50/50 plan, and its significance operates differently for the two primary buyer profiles the development serves. For the primary residence buyer, the 50% handover payment arrives at the moment of possession, aligning the largest single payment with the beginning of the occupancy experience that the purchase has been directed toward throughout the construction period. For the investor, the 50% handover payment coincides with the commencement of rental income from a Dubai Islands waterfront apartment whose tenant demand profile and achievable rental rate at this address level make the income commencement a financial event that immediately begins to service and contextualise the scale of the final payment.

The Q1 2029 handover timeline is the planning anchor that gives the purchase its temporal certainty, and Avenew Development’s commitment to that timeline is backed by the construction programme and the developer’s track record of delivering residential products whose completion quality matches the standard the sales process has established.