Imtiaz Raw District 2: Payment Plan

How the Raw District 2 by Imtiaz Payment Plan Favors the Buyer

The Raw District 2 off-plan development at Sheikh Zayed Road stands out as an exceptionally buyer-friendly option in the current Dubai real estate market. The payment plan predominantly features a classic 50:50 payment plan and 60:40 post handover payment plan.

Here are the breakdown of why the Raw District 2 payment plans are great deal for buyers:

Small Amount to Start (10% Booking)

You only need to pay 10% of the price to lock in your apartment. This means you do not need a massive amount of saving right away, keeping your cash free for other things.

Easy Payment During Construction

You pay 40% of the cost in small, spread-out installments while the building is being constructed. Because these payments are spaced out over a long time, it won’t hurt your monthly budget.

Safety Net at Delivery (50% on Handover)

You hold onto the biggest chunk of the money 50% unit the building is completely finished and the keys are in your hand.

• Safe for you: The developer is motivated to build fast and with good quality to get their final payment.
• Easy to finance: Once the building is ready, you can easily get a bank loan to cover the last 50%.

Post Handover Options

Imtiaz offers options where you can pay the remaining balance over 3 years after you move in.

• The ultimate trick: If you are an investor, you can rent out the fully furnished apartment immediately. You can then use the rent money paid by your tenant to pay off your remaining installments. It practically pays for itself.

Raw District 2 by Imtiaz: Installment Structure & Milestones

For Raw District 2 by Imtiaz Developments in Downtown Jebel Ali, the installment structure is heavily back-weighted, providing great security for the buyers. The project is scheduled for completion in Q1 2029.

The exact milestone breakdowns for the two primary payment plans are structured as follows:

Option A: The Standard 50:50 Payment Plan

This structure splits the total cost exactly in half between the construction period and the official key handover.

Option B: The Investor-Favored 60:40 Post-Handover Plan

Overall Cost Of Buying Apartments in Raw District 2 by Imtiaz

The overall cost of buying an apartment at Raw District 2 by Imtiaz Developments includes the base property price which depends on the layout size and the unavoidable mandatory government registration fees.

Base Property Prices

Because the apartments come fully furnished with integrated smart home systems and appliances, the upfront property cost covers almost all interior fit-outs.

• Studio Apartments (377 - 610 sq. ft.) From AED 666,000
• 1 Bedroom Apartments (614 - 721 sq. ft.) From AED 889,000
• 2 Bedroom Apartments (1,054 - 1,399 sq. ft.) From AED 1,480,000
• 3 Bedroom Apartments (1399 sq. ft.) From AED 1,900,000

Mandatory Upfront Government Fees

When signing the initial sales agreement (Oqood registration), you must factor in the standard Dubai real estate transaction fees on top of your down payment:

• Dubai Land Department (DLD): 4% of the net property price (approx AED 26,640 for a standard AED 666,000 for studio).
• Administrative/Oqood Fee: Typically AED 3,000 to AED 5,000 for registration paperwork processing.

Post-Handover/Recurring Costs to Keep in Mind

• Service Charges: Paid annually after the Q1 2029 handover to cover the maintenance of the rooftop pools, RAW Pro Gym, co-working spaces and gardens. In Downtown Jebel Ali, this is expected to range between AED 14 to AED 18 per sq. ft.
• Utility Connection: Around AED 2,000 to AED 3,000 for DEWA (electricity/water) and Chiller activation upon handover.