Price
1,000,000
1
SAADIYAT RESERVE PAYMENT PLAN % Milestones Upon Signing
2 3 4 5 6
Months 0
Date 19-Sep
Completion of 25% of deep utilities (storm water and drainage)
12
20-Sep
Completion of 100% of deep utilities (storm water and drainage)
18
21-Mar
22
21-Jul
24 28
21-Sep 22-Jan
Completion of 80% of Shallow utilities (power, potable water, telecommunications and gas) Roads wearing course completion Handover
Discount (AED) Price after Discount
1 2 3 4 5 6
SAADIYAT RESERVE PAYMENT PLAN (AED) Milestones Upon Signing Completion of 25% of deep utilities (storm water and drainage) Completion of 100% of deep utilities (storm water and drainage) Completion of 80% of Shallow utilities (power, potable water, telecommunications and gas) Roads wearing course completion Handover
Saadiyat Reserve Acc. No. 290247920046 Bank Name : Abu Dhabi Commercial Bank Branch : P.O. Box 939, Main Branch, Salam Street, Abu Dhabi, UAE Account Name : Saadiyat Reserve Escrow A/c Account Number: 290247920046 IBAN : AE72 0030 0002 9024 7920 046 Swift Code : ADCBAEAA
Months 0 12 18
Date on SPA 30.SEP.2020 31.MAR.2021
22
31.JUL.2021
24 28
30.SEP.2021 22-Jan
No Discount PP1 10%
2% Discount PP2 10%
10%
10%
5%
10%
0% 5% 70%
10% 10% 50%
(---) 1,000,000 No Discount PP1 100,000 100,000 50,000 50,000 700,000
5% Discount PP3 50%
7% Discount PP4 100%
50%
0%
20,000
50,000
70,000
980,000 2% Discount PP2 98,000 98,000 98,000
950,000 5% Discount PP3 475,000
930,000 7% Discount PP4 930,000
98,000 98,000 490,000
`
475,000
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