Binghatti Skyrise Payment Plan
The Binghatti Skyrise payment plan is a 70/30 payment plan. As part of this payment plan the buyer is required to pay a total of 70% during the construction period and the final 30% at time of completion. A full breakdown can be seen below.
Payment Plan Overview
20%
Down Payment
50%
During Construction
30%
On Handover
Schedule Of Payments Breakdown
| Instalment | Payment Percentage | Milestone |
|---|---|---|
| Down Payment | 20% | At Booking |
| 1st Installment | 2% | Within 2 months from booking date |
| 2nd to 16th Installment | 30% (2% per month for 15 months) | Month 2 to 17 from booking date |
| 17th to 22nd Installment | 18% (3% per month for 5 months) | Month 17 to 22 from booking date |
| Last and Final Installment | 30% | On Handover (Q4 2026) |
Payment Plan FAQs
Is there a post-handover payment plan option?
No, the Binghatti Skyrise project is not being offered with a post-handover payment plan.
What is the down payment amount?
The downpayment amount for equals to 20% of the total property price. This is paid at the time of signing the Sales and Purchase Agreement.
Does the Binghatti Skyrise proejct come with a good payment plan?
Considering the type and scale of project, the payment plan offered with Binghatti Skyrise is very favourable. It allows ample flexibility and comes with a 30% payment on handover.
What is the Binghatti Skyrise payment plan?
The Binghatti Skyrise payment plan is a 70/30 payment plan. This means that 70% is paid during construction and 30% on handover.