Mondrian Phases 1 and 2
- Developer
- Elevate Developments
- Area
- Al Marjan Island, Ras Al Khaimah
- Starting price
- AED 1,699,000
- Handover
- Q4 2028
Mondrian Phases 1 and 2 Payment Plan
Mondrian Phases 1 and 2 has 4 published payment plans. Handover is scheduled for Q4 2028.
Payment Plan 30/70 (only for G01, G04, G05)
- 30% On booking
- 70% Upon Handover
| Milestone | Percentage |
|---|---|
| On booking | 30% |
| Upon Handover | 70% |
| Total | 100% |
Payment Plan 40/60 (for 2BR & 3BR)
- 20% On booking
- 20% During construction (5% every 6 months)
- 60% Upon Handover
| Milestone | Percentage |
|---|---|
| On booking | 20% |
| During construction (5% every 6 months) | 20% |
| Upon Handover | 60% |
| Total | 100% |
Payment Plan 50/50
- 20% On booking
- 30% During construction
- 50% Upon Handover
| Milestone | Percentage |
|---|---|
| On booking | 20% |
During construction
| 30% |
| Upon Handover | 50% |
| Total | 100% |
Payment Plan 60/40
- 20% On booking
- 40% During construction
- 40% Upon Handover
| Milestone | Percentage |
|---|---|
| On booking | 20% |
| During construction | 40% |
| Upon Handover | 40% |
| Total | 100% |
Last updated 22 Sept 2026. How we collect and check data
Mondrian Phases 1 and 2 Payment Plan: Frequently Asked Questions
- What is the down payment for Mondrian Phases 1 and 2?
- The first instalment in the published plan is 30% (On booking).
- Does Mondrian Phases 1 and 2 have a post-handover payment plan?
- No post-handover instalments are published for Mondrian Phases 1 and 2; the plan completes on or before handover in Q4 2028.
- How many payment plans are offered at Mondrian Phases 1 and 2?
- 4 payment plans are published for Mondrian Phases 1 and 2. Each one is listed with its milestones on this page.
- When is handover at Mondrian Phases 1 and 2?
- Handover at Mondrian Phases 1 and 2 is scheduled for Q4 2028, as published by Elevate Developments.