Published 50/50 structures
Two published structures use either 10% at booking plus 10% after one month, or 20% at booking. Both allocate 30% during construction and 50% on handover. Confirm every due date in the SPA.
| Project | Christian A. Rockefeller Business Tower |
|---|---|
| Developer | LMD |
| Sales partner | Devmark |
| Location | Sheikh Zayed Road, Business Bay |
| Product | 332 freehold Grade A offices |
| Office sizes | Approximately 1,077 sq ft to full floors from 11,541 sq ft |
| Completion | Q2 2031 catalogue target; confirm in SPA |
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Published payment milestones
| Milestone | Payment | Note |
|---|---|---|
| Booking option A | 10% + 4% DLD | Initial payment |
| One month after booking | 10% | Time-based instalment |
| 15 to 45 months | 30% | 5% every six months |
| Handover | 50% | Final payment |
| Booking option B | 20% + 4% DLD | Alternative initial payment |
| 15 to 45 months | 30% | 5% every six months |
| Handover | 50% | Final payment |
FAQs
Frequently Asked Questions
What is the published payment structure?
The published structures allocate 50% before handover and 50% on handover.
What are the booking options?
One option starts with 10% plus 4% DLD and another 10% after one month. The alternative starts with 20% plus 4% DLD.
How is the construction amount paid?
The published schedule allocates 30% as 5% instalments every six months from months 15 to 45.
Are milestone dates contractual?
No. Confirm due dates, notices and default provisions in the SPA.
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