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Post-handover payment unveiled for six Aldar projects in Abu Dhabi

New scheme will allow buyers to spread payments over five years after handover on projects such as Mamsha and Jawaher

Aldar's new scheme applies to Mamsha.
© ITP Media Group
Aldar's new scheme applies to Mamsha.

Aldar Properties has launched a post-handover payment plan on developments in Abu Dhabi for the first time as part of its focus to meet market demands.

The offering is designed to help customers buy properties with no registration fees, and payments spread over four to five years after handover for up to 60% of the development value.

The length of the post-handover payment plans excludes the period of construction works.

Aldar said the scheme would be rolled out for six of its developments in Abu Dhabi, including Mamsha (pictured), Jawaher, Yas Acres, Mayan, Alghadeer, and Reflection.

Commenting on the plan, Aldar’s executive director for commercial, Maan Al Awlaqi, said the promotion was designed to create “convenience and flexibility” for customers.

He added: “Under the terms of the new post-handover payment plans, customers will be able to buy dream homes on beneficial terms at a choice of six prime developments in Abu Dhabi.

“The scheme reflects our continued commitment to enhancing the comfort and experience of customers buying homes from Aldar.”

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Construction Week - Issue 754
Nov 23, 2019