Upper House assignment payment and transfer guide

Upper House Payment Plan

by Ellington · JLT (Jumeirah Lake Towers), Dubai · Price upon request

Upper House is sold out and remains under construction. The original payment structure followed staged instalments from the initial contract through construction to handover, but an assignment purchase will depend on the seller’s agreement and the payments already made.

Buyers should obtain the signed sale agreement, developer statement of account, construction-stage notices and details of the remaining instalments. The assignment price, seller’s agreed consideration, outstanding balance, transfer charge and other costs should be identified separately in the agreement.

Developer approval, any minimum-payment threshold and the transfer sequence must be confirmed before funds are committed. Where financing is considered, buyers should also check whether the assignment stage and expected completion position meet the lender’s requirements.

Upper House

Payment Plan – 1 option

Payment planSee detailsHide details
StageNamePercentNotes
On BookingOn booking20%20 payment - On booking (Upper House)
During ConstructionDuring construction50%50 payment - During construction (Upper House)
On HandoverUpon Handover30%30 payment - Upon Handover (Upper House)