Payment Plan

Palm Springs is sold on a 60/40 payment plan, 10% on booking, 50% in six installments from April 2027 to May 2029 and 40% on handover in October 2030. Worked out in dirhams for all five home types, a 3-bedroom townhouse needs AED 2.28M before handover.

Nakheel's payment plan for Palm Springs, published for the Nov 9, 2026 launch, asks for 60% before handover and 40% on handover in October 2030.

The amounts below are our own arithmetic on Nakheel's percentages and starting prices. A home priced above its type's starting price costs proportionally more.

Due Share 3-bed townhouse 4-bed townhouse G+1 4-bed townhouse G+2 4-bed villa 5-bed villa
On booking 10% AED 380,000 AED 460,000 AED 520,000 AED 700,000 AED 890,000
April 2027 10% AED 380,000 AED 460,000 AED 520,000 AED 700,000 AED 890,000
September 2027 10% AED 380,000 AED 460,000 AED 520,000 AED 700,000 AED 890,000
February 2028 10% AED 380,000 AED 460,000 AED 520,000 AED 700,000 AED 890,000
July 2028 10% AED 380,000 AED 460,000 AED 520,000 AED 700,000 AED 890,000
December 2028 5% AED 190,000 AED 230,000 AED 260,000 AED 350,000 AED 445,000
May 2029 5% AED 190,000 AED 230,000 AED 260,000 AED 350,000 AED 445,000
October 2030, on handover 40% AED 1,520,000 AED 1,840,000 AED 2,080,000 AED 2,800,000 AED 3,560,000
Total before handover 60% AED 2,280,000 AED 2,760,000 AED 3,120,000 AED 4,200,000 AED 5,340,000

The shape of the schedule

The first five payments, half the price, land within about two years of booking if you book in late 2026. Then the pace eases: two 5% payments, and after May 2029 nothing for 17 months until handover. A buyer planning to finance or sell before completion has that gap to arrange the final 40%.

If the handover date moves, the last payment moves with it: it is tied to handover. The dated installments are stated as calendar months, so we think buyers should ask whether those months hold if construction runs behind.

On top of the price

Dubai Land Department registration is 4% of the price, usually paid around booking (Oqood, on Homes.me). On the starting prices that is AED 152,000 for the 3-bedroom townhouse and AED 356,000 for the 5-bedroom villa. Your sale agreement states the admin fees.

Sources

See also

About this page

Last updated Nov 9, 2026 by the Vi.ki team. Page text CC BY-SA 4.0.

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