The plan in one table
The Biltmore Residences Sufouh is sold on a 20 / 10 / 10 / 60 plan. Forty percent of the price is paid by the time you receive the keys and sixty percent afterwards. The shares are the same for every residence in the tower, so the schedule below applies whichever unit you buy; the price it is calculated on depends on the size, the floor and the view, and the sales team confirms it for the unit you are considering.
| Stage | Share of the price | When it falls due |
|---|---|---|
| Booking | 20% | On reservation of the unit |
| During construction | 10% | Before handover; the trigger is set in the sales agreement |
| On handover | 10% | Q4 2026, when you take the keys |
| Post-handover | 60% | 8 instalments of 7.5%, one every 6 months, from 6 to 48 months after handover |
| Total | 100% | Purchase price of the unit |
The same shares apply to the 4 bedroom penthouses. Only the price they are worked out on is different.
Stage by stage
Booking: 20%
The booking payment reserves a specific unit at an agreed price and is the largest single payment in the plan. From this point the purchase is documented in the sales agreement, which fixes the price, the schedule and the specification of the unit.
During construction: 10%
One further payment falls due while the tower is being finished. Construction is approximately 90% complete and handover is scheduled for Q4 2026, so this stage is short. What triggers it, a calendar date or a construction milestone, is set out in the sales agreement; ask which before you sign.
On handover: 10%
The third payment is made when the building is handed over in Q4 2026 and you take the keys. At that point you have paid 40% of the price.
After handover: 60%
The remaining 60% is spread over four years in eight equal instalments of 7.5%, one every six months, the first six months after handover and the last forty-eight months after it.
What post-handover means in practice
Possession does not wait for the last payment. Once the handover instalment is paid you hold the keys to a finished, furnished residence with 60% of the price still to pay, and you can live in it, or let it, through the four years in which the instalments fall due.
The instalments are paid to the developer under the sales agreement rather than to a bank, so no mortgage is needed to use the plan. If you let the unit, the rent arrives in the same period; whether it covers the instalments depends on the rent you actually achieve, on the service charge and on any weeks without a tenant, and this page makes no assumption about any of those.
Two questions to have answered in writing before you sign: when the title deed is issued under a post-handover plan, and what the agreement says happens if an instalment is paid late.
Where your money goes
Payments for an off-plan purchase in Dubai are made into the project's escrow account, which is regulated by RERA and tied to the construction of this building rather than held as general company funds. The purchase itself is registered with the Dubai Land Department through an Oqood certificate, which records your interest in the unit until the title deed is issued. Ask for the escrow account details before the booking payment and for the Oqood certificate after it. The buyer's guide explains both mechanisms and the rest of the process.
Government fees on top of the plan
The 20 / 10 / 10 / 60 shares add up to the purchase price and nothing else. The Dubai Land Department's transfer fee is 4% of the purchase price, its administrative charges are added on top, and both are paid to the DLD outside the plan. Ask the sales team what the fees come to for the unit you are considering and when they are payable for this project.
What the plan does not include
Buyers trust the page that lists the extra costs, so here they are.
- DLD transfer fee and administrative charges, paid to the Dubai Land Department on transfer.
- Service charge. An annual charge for the maintenance, staffing and shared amenities of the building, billed each year for as long as you own the unit and calculated on the size of the residence.
- Agency commission, if you buy through an agent. Agree it in writing before you sign anything.
- Developer NOC fee, which applies to some transfers, usually when a unit is sold on before completion. Ask whether and when it would apply to you.
Furniture is not on the list. The residences come furnished, with Gary Green Studios interiors and kitchens fitted by Miele and Teka, so the price under the plan buys a home you can move into.
Frequently asked questions
What is the payment plan at Biltmore Residences Sufouh?
Twenty percent at booking, a further 10% while the tower is finished, 10% at handover in Q4 2026, and the remaining 60% after handover as eight half-yearly instalments of 7.5% each, spread over four years.
How much is paid at booking?
Twenty percent of the price of the unit you reserve. Prices differ by size, floor and view, so the amount differs from residence to residence; the sales team confirms it for the unit you are considering.
How much of the price is paid by handover?
Forty percent: 20% at booking, 10% during construction and 10% at handover in Q4 2026. The remaining 60% is paid over the four years that follow.
How are the post-handover instalments spread?
Eight instalments of 7.5% of the price each, one every six months, from 6 months to 48 months after handover.
Can I live in or rent out the apartment while paying the post-handover instalments?
Yes. Possession passes at handover, once 40% has been paid, and the unit can be occupied or let during the four years in which the remaining 60% is paid. Nothing on this page assumes a rental income.
Is the Dubai Land Department fee included in the payment plan?
No. The 4% DLD transfer fee and the DLD administrative charges are paid to the Dubai Land Department separately from the plan. Confirm the current fees with the DLD.
Is the payment plan the same for the penthouses?
Yes. The 20 / 10 / 10 / 60 shares are identical for every residence in the tower, penthouses included. Only the price the shares are calculated on is different.
Next step
Ask the sales team for the payment schedule of the unit you are considering, with the dates and amounts filled in: message WhatsApp, register for a private presentation, or call +971 52 469 1088. For the layouts, see the floor plans page; for what is on sale today, current availability.