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DAMAC Hills Investment Guide: Property Types & Rental Yields
Address The Bay 10/70/20 Payment Plan Explained
Ultra Luxury
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About
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DAMAC Hills Investment Guide: Property Types & Rental Yields
Address The Bay 10/70/20 Payment Plan Explained

Oct 01, 2026

Wellington Grand Villas MBR City: 35/65 Payment Plan

Ultraluxury

3 min read

Wellington Grand Villas is a private villa project in District 11, Mohammed Bin Rashid City (MBR City), Dubai by . It has 22 residences, including 5-bedroom signature villas and 6-bedroom mansions. Prices are reported to start from around AED 18 million.

The project uses a 35/65 payment plan. Buyers pay 10% at booking, 25% during construction and 65% at handover. This spreads the first part of the cost over the construction period.

Completion is expected around late 2027 to early 2028 by wellington developments based on current project information. The homes include private pools, basement parking, large layouts and access to a community lagoon.

The main point for buyers is the payment timing. The 10% booking amount is only the first payment. A much larger 65% balance is due at handover. Buyers should plan this amount early and confirm the final price, payment dates and completion terms before signing the sale agreement.

How the 35/65 Payment Structure Works

The payment plan has three main stages:

Payment stage

Percentage

Booking

10%

During construction

25%

Handover

65%

Total

100%

The first 10% is paid at booking. The next 25% is paid through scheduled instalments during construction.

The final 65% is paid when the property reaches handover.

The construction payments may follow set dates or project milestones. The exact schedule depends on the sale agreement.

The 4% Dubai Land Department (DLD) registration fee is separate from the property payment plan. Buyers should also check for any other applicable transaction charges.

What 10% Means in Actual Cash

The booking amount depends on the agreed property price.

At AED 18 million, a 10% booking payment equals:

AED 18M × 10% = AED 1.8M

At AED 20 million, it equals:

AED 20M × 10% = AED 2M

This is only the first property payment. The buyer must still meet the 25% construction payments and the 65% handover balance.

Prices can vary between villas and mansions. Buyers should use the price stated in their own offer when calculating the payment schedule.

The 65% Handover Balance

The largest payment comes at completion. Buyers must pay 65% of the agreed property price at handover.

For an AED 18 million property:

AED 18M × 65% = AED 11.7M

For an AED 20 million property:

AED 20M × 65% = AED 13M

This makes the handover payment the main figure to plan for.

Buyers should decide early how they will fund this amount. Some eligible buyers may consider mortgage financing. Approval depends on the lender, buyer profile and property.

The key point is that the 35/65 plan changes the payment timing. It does not reduce the total purchase price.

What the Purchase Price Covers

Wellington Grand Villas has 22 homes, including 5-bedroom villas and 6-bedroom mansions.

The listed specifications include:

  • Private swimming pools
  • Basement parking
  • Home cinema areas
  • Large private spaces
  • Access to the community lagoon

Features can vary between homes. Buyers should check the exact floor plan, specifications and inclusions for their chosen unit.

This is especially important for high-value properties. A buyer should confirm the built-up area, parking provision and included features before comparing prices between units.

Service Charges and Other Costs

Published project information indicates a preliminary service charge of around AED 9 per sq ft per year.

The actual yearly cost depends on the chargeable area of the property. The final rate should be confirmed with the developer or community management.

Buyers should also budget for the 4% DLD registration fee and any other applicable transaction charges.

These costs are separate from the 35/65 property payments. They should be included in the overall purchase budget from the start.

Key Numbers Buyers Should Check

Before booking a home at Wellington Grand Villas, buyers should confirm these figures:

  • 10% — booking payment
  • 25% — construction payments
  • 65% — handover balance
  • 4% — DLD registration fee
  • Around AED 9 per sq ft — preliminary service-charge estimate
  • 22 homes — total collection

The 65% handover payment deserves the most attention. Buyers should calculate it using the exact purchase price and plan the funding well before completion.

The 35/65 structure can spread the pre-handover cost over time. However, the final payment remains substantial. A full budget should include the booking amount, construction instalments, DLD fee, other purchase costs and the handover balance.

This gives buyers a clearer view of the actual cash needed from booking to completion.

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