To enhance accessibility for discerning buyers, VELA by Omniyat offers a 60/40 payment plan designed to balance immediate commitment with phased investment. This plan enables purchasers to secure their ultra-luxury residence with just a modest deposit, followed by staged payments aligned with key project milestones, and a final installment on completion, clearly defined to ease financial planning and provide transparency throughout construction.
Installments | Payment (%) | Milestones |
Down Payment | 5% | On Booking from effective date |
1st Installment | 20% | On the SPA effective date |
2nd Installment | 10% | 12 Months from the SPA effective date |
3rd Installment | 5% | 18 Months from SPA effective date |
4th Installment | 5% | 24 Months the om SPA effective date |
5th Installment | 5% | 30 Months from the SPA effective date |
6th Installment | 10% | 36 Months from the SPA effective date |
Final Installment | 40% | On the Completion date |
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