The 1-Bedroom Apartment by Imtiaz
The 1-Bedroom Apartment by Imtiaz is available in both phases of a two-phase mixed-use development located on Sheikh Zayed Road. The project combines residential apartments with office and retail spaces, while each phase has its own unit sizes, pricing, payment schedule, and handover date.
Phase 1 one-bedroom apartments range from approximately 780 to 950 sq. ft., with prices starting from AED 1,069,000 and an EOI amount of AED 53,450. Handover is scheduled for Q1 2029.
Phase 2 one-bedroom apartments start from approximately 620 sq. ft., with prices starting from AED 949,000 and an EOI amount of AED 80,000. Phase 2 is scheduled for handover in Q2 2029.
Features & Amenities
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Payment Plan
Buyers can select a standard 50/50 payment plan or a 60/40 post-handover plan. The instalment schedule depends on the selected phase.
Phase 1: 50/50 Standard Plan
Under the Phase 1 standard plan, 50% of the purchase price is paid during construction and the remaining 50% is payable at handover.
|
Installment
|
Milestone
|
Percentage
|
|
Booking / EOI
|
On booking
|
5%
|
|
1st Installment
|
At 30% construction
|
15%
|
|
2nd Installment
|
At 60% construction
|
15%
|
|
3rd Installment
|
At 90% construction
|
15%
|
|
Final Installment
|
On handover in Q1 2029
|
50%
|
For a Phase 1 1-Bedroom Apartment starting from AED 1,069,000, the listed EOI amount is AED 53,450.
Phase 1: 60/40 Post-Handover Plan
This payment option allows buyers to pay 60% during construction, 10% at handover, and 30% over three years after handover.
|
Installment
|
Milestone
|
Percentage
|
|
Booking / EOI
|
On booking
|
5%
|
|
1st Installment
|
At 30% construction
|
20%
|
|
2nd Installment
|
At 60% construction
|
20%
|
|
3rd Installment
|
At 90% construction
|
15%
|
|
Handover Installment
|
On handover in Q1 2029
|
10%
|
|
Post-Handover
|
Payable over three years
|
30%
|
Phase 2: 50/50 Standard Plan
The Phase 2 standard plan starts with a 20% booking payment, along with 4% DLD charges and applicable administration fees.
|
Installment
|
Payment Date or Milestone
|
Percentage
|
|
1st Installment
|
On booking
|
20% + 4% DLD + fees
|
|
2nd Installment
|
15 November 2026
|
5%
|
|
3rd Installment
|
1 April 2027
|
5%
|
|
4th Installment
|
15 August 2027
|
5%
|
|
5th Installment
|
1 January 2028
|
5%
|
|
6th Installment
|
15 May 2028
|
5%
|
|
7th Installment
|
1 October 2028
|
5%
|
|
Final Installment
|
On completion in Q2 2029
|
50%
|
The Phase 2 pricing table lists an EOI amount of AED 80,000 for the 1-Bedroom Apartment. This EOI amount is separate from the full booking payment stated in the payment schedule.
Phase 2: 60/40 Post-Handover Plan
The Phase 2 post-handover option requires 60% to be paid by completion, with the remaining 40% payable over three years after handover.
|
Installment
|
Payment Date or Milestone
|
Percentage
|
|
1st Installment
|
On booking
|
20% + 4% DLD + fees
|
|
2nd Installment
|
15 November 2026
|
5%
|
|
3rd Installment
|
1 April 2027
|
10%
|
|
4th Installment
|
15 August 2027
|
5%
|
|
5th Installment
|
1 January 2028
|
10%
|
|
6th Installment
|
15 May 2028
|
5%
|
|
Final Installment
|
On completion in Q2 2029
|
5%
|
|
Post-Handover
|
Over three years
|
40%, approximately 3.3% quarterly
|
Floor Plan
The 1-Bedroom Apartments are offered in different sizes across the two development phases.
|
Phase
|
Apartment Size
|
Starting Price
|
EOI Amount
|
Handover
|
|
Phase 1
|
780–950 sq. ft.
|
AED 1,069,000
|
AED 53,450
|
Q1 2029
|
|
Phase 2
|
From 620 sq. ft.
|
AED 949,000
|
AED 80,000
|
Q2 2029
|
Phase 1 provides a larger size range, while Phase 2 offers a lower starting price and a more compact one-bedroom configuration. Exact internal dimensions, floor position, orientation, views, balcony areas, and unit availability should be confirmed from the official floor-plan documents.
Master Plan
The 1-Bedroom Apartments form part of a two-phase development on Sheikh Zayed Road that includes residential, office, and retail properties.
Phase 1 is scheduled for handover in Q1 2029 and includes:
-
Studio apartments
-
One-bedroom suites
-
One-bedroom apartments
-
Two-bedroom apartments
-
Three-bedroom apartments
-
Office spaces
-
Retail spaces
Phase 2 is scheduled for handover in Q2 2029 and includes:
-
Studio apartments
-
One-bedroom apartments
-
Two-bedroom apartments
-
Three-bedroom apartments
-
Office spaces
-
Retail spaces
The two-phase structure gives buyers a choice between different one-bedroom sizes, starting prices, EOI amounts, payment schedules, and completion dates within the same Sheikh Zayed Road development.