






The Terraces at Sobha City payment plan follows a 60/40 payment plan, which means buyers pay 60% of the property value during the construction phase and the remaining 40% at the time of handover.
To start the booking process, a 20% down payment is required. This initial amount secures the unit and confirms the purchase, allowing buyers to move forward with confidence. After that, the remaining payments are usually spread out in easy installments linked to construction progress, helping buyers manage their cash flow without pressure.
What makes The Terraces payment plan appealing is its simplicity and flexibility. It reduces the financial burden at the beginning and gives investors a clear roadmap until completion. Overall, it is a well-balanced plan that supports long-term property investment goals while keeping affordability in focus.
Installment | Payment (%) | Milestone |
|---|---|---|
Down Payment | 20% | On Purchase Date |
1st Installment | 5% | Within 6 months from purchase date |
2nd Installment | 5% | Within 9 months from purchase date |
3rd Installment | 5% | Within 12 months from purchase date |
4th Installment | 5% | Within 15 months from purchase date |
5th Installment | 5% | Within 18 months from purchase date |
6th Installment | 5% | Within 24 months from purchase date |
7th Installment | 5% | Within 30 months from purchase date |
8th Installment | 5% | Within 36 months from purchase date |
Final Installment | 40% | On Handover |