THE HEART OF EUROPE "Portofino Hotel" payment plan
A worked 40% + 4% DLD + 5040 AED OQOOD fee + 5% VAT / 20% / 20% / 20% schedule for THE HEART OF EUROPE "Portofino Hotel" by The Heart of Europe in The World Islands, using a sample price from AED 5,220,434.
| Stage | When | Share | Amount (sample) |
|---|---|---|---|
| Booking / down payment | On reservation | 10% | AED 522,043 |
| Construction 20% | At 20% completion | 12.5% | AED 652,554 |
| Construction 40% | At 40% completion | 12.5% | AED 652,554 |
| Construction 60% | At 60% completion | 12.5% | AED 652,554 |
| Construction 80% | At 80% completion | 12.5% | AED 652,554 |
| On handover | At handover | 40% | AED 2,088,174 |
| Total | 100% | AED 5,220,434 | |
Illustrative only — construction milestones are modelled from the headline plan. Exact schedules, fees (DLD 4%, admin) and any post-handover terms are confirmed on consultation. Prices as of 31 Aug 2026.
Frequently asked questions
What is the payment plan for THE HEART OF EUROPE "Portofino Hotel"?+
THE HEART OF EUROPE "Portofino Hotel" by The Heart of Europe offers a 40% + 4% DLD + 5040 AED OQOOD fee + 5% VAT / 20% / 20% / 20% plan: a booking down payment, installments across construction milestones, and a payment on handover.
How much is the down payment for THE HEART OF EUROPE "Portofino Hotel"?+
On a sample price of AED 5,220,434, the booking down payment of 10% is approximately AED 522,043.
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