The 2-Bedroom Apartment by Imtiaz
The 2-Bedroom Apartment by Imtiaz is available in both phases of the mixed-use RAW District development on Sheikh Zayed Road. The project combines residential apartments with office and retail spaces, while each phase has a separate pricing structure, payment schedule, and completion date.
Phase 1 two-bedroom apartments range from approximately 1,100 to 1,350 sq. ft., with prices starting from AED 1,489,000 and an Expression of Interest amount of AED 74,450. Phase 1 is scheduled for handover in Q1 2029.
Phase 2 two-bedroom apartments start from approximately 1,054 sq. ft., with indicative prices starting from AED 1,550,000 and an EOI amount of AED 100,000. Phase 2 is scheduled for handover in Q2 2029.
Features & Amenities
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Payment Plan
Buyers can choose between a standard 50/50 payment plan and a post-handover payment option. The instalment structure depends on whether the apartment is purchased in Phase 1 or Phase 2.
Phase 1: 50/50 Standard Payment Plan
Under this plan, 50% of the property price is paid during construction, while the remaining 50% is payable when the apartment is handed over.
|
Instalment
|
Milestone
|
Percentage
|
|
Booking / EOI
|
On booking
|
5%
|
|
First Instalment
|
At 30% construction
|
15%
|
|
Second Instalment
|
At 60% construction
|
15%
|
|
Third Instalment
|
At 90% construction
|
15%
|
|
Final Instalment
|
On handover in Q1 2029
|
50%
|
For a Phase 1 2-Bedroom Apartment starting from AED 1,489,000, the listed EOI amount is AED 74,450.
Phase 1: 60/40 Post-Handover Payment Plan
The Phase 1 post-handover option allows buyers to pay 60% during construction, 10% at handover, and the remaining 30% over three years after receiving the apartment.
|
Instalment
|
Milestone
|
Percentage
|
|
Booking / EOI
|
On booking
|
5%
|
|
First Instalment
|
At 30% construction
|
20%
|
|
Second Instalment
|
At 60% construction
|
20%
|
|
Third Instalment
|
At 90% construction
|
15%
|
|
Handover Instalment
|
On handover in Q1 2029
|
10%
|
|
Post-Handover
|
Payable over three years
|
30%
|
This option reduces the amount due at handover and spreads part of the purchase price across the post-completion period.
Phase 2: 50/50 Standard Payment Plan
The Phase 2 standard schedule begins with a 20% booking payment, together with the applicable 4% DLD charge and administration fees.
|
Instalment
|
Payment Date or Milestone
|
Percentage
|
|
First Instalment
|
On booking
|
20% + 4% DLD + fees
|
|
Second Instalment
|
15 November 2026
|
5%
|
|
Third Instalment
|
1 April 2027
|
5%
|
|
Fourth Instalment
|
15 August 2027
|
5%
|
|
Fifth Instalment
|
1 January 2028
|
5%
|
|
Sixth Instalment
|
15 May 2028
|
5%
|
|
Seventh Instalment
|
1 October 2028
|
5%
|
|
Final Instalment
|
On completion in Q2 2029
|
50%
|
The Phase 2 EOI amount for a 2-Bedroom Apartment is listed as AED 100,000. The EOI is a reservation amount and should be distinguished from the full booking payment shown in the payment schedule.
Phase 2: 60/40 Post-Handover Payment Plan
The Phase 2 post-handover plan requires 60% to be paid by completion. The remaining 40% is then payable over three years after handover.
|
Instalment
|
Payment Date or Milestone
|
Percentage
|
|
First Instalment
|
On booking
|
20% + 4% DLD + fees
|
|
Second Instalment
|
15 November 2026
|
5%
|
|
Third Instalment
|
1 April 2027
|
10%
|
|
Fourth Instalment
|
15 August 2027
|
5%
|
|
Fifth Instalment
|
1 January 2028
|
10%
|
|
Sixth Instalment
|
15 May 2028
|
5%
|
|
Completion Instalment
|
On completion in Q2 2029
|
5%
|
|
Post-Handover
|
Over three years
|
40%, approximately 3.3% quarterly
|
Floor Plan
The two phases provide different size ranges and starting prices for the 2-Bedroom Apartments.
|
Phase
|
Apartment Size
|
Starting Price
|
EOI Amount
|
Handover
|
|
Phase 1
|
1,100–1,350 sq. ft.
|
AED 1,489,000
|
AED 74,450
|
Q1 2029
|
|
Phase 2
|
From approximately 1,054 sq. ft.
|
AED 1,550,000
|
AED 100,000
|
Q2 2029
|
Phase 1 provides apartments within a broader size range, while Phase 2 introduces two-bedroom units from approximately 1,054 sq. ft. The layout is intended to provide two bedrooms together with shared living and residential areas.
Exact bedroom dimensions, bathroom arrangements, balconies, floor positions, orientations, views, and internal configurations may vary between individual units. Buyers should confirm these details through the official floor plan for the selected apartment.
Master Plan
The 2-Bedroom Apartments form part of a two-phase mixed-use development on Sheikh Zayed Road. RAW District brings residential, office, and retail property types together within the same overall project.
Phase 1 is scheduled for completion in Q1 2029 and includes:
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Studio apartments
-
One-bedroom suites
-
One-bedroom apartments
-
Two-bedroom apartments
-
Three-bedroom apartments
-
Office spaces
-
Retail spaces
Phase 2 is scheduled for completion 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 2-Bedroom Apartment buyers a choice between different unit sizes, starting prices, EOI amounts, payment structures, and handover schedules within the same Sheikh Zayed Road development.