The Shop units by Imtiaz
The Shop units by Imtiaz are available across both phases of the RAW District mixed-use development on Sheikh Zayed Road. These retail spaces form part of a project that combines residential apartments, commercial offices, and shops within one connected development.
Phase 1 shops start from approximately 1,000 sq. ft., with prices beginning at AED 2,500,000. The listed Expression of Interest amount is AED 125,000, and handover is scheduled for Q1 2029.
Phase 2 retail units also start from approximately 1,000 sq. ft., with prices beginning at AED 2,900,000. The listed EOI amount is AED 100,000, with handover planned for Q2 2029.
Features & Amenities
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Payment Plan
Shop buyers can choose between a standard 50/50 payment plan and a 60/40 post-handover plan. The payment schedule depends on whether the unit is purchased in Phase 1 or Phase 2.
Phase 1: 50/50 Standard Payment Plan
Under this option, 50% of the purchase price is paid during construction and the remaining 50% is payable when the shop 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 Shop starting from AED 2,500,000, the listed 5% EOI amount is AED 125,000.
Phase 1: 60/40 Post-Handover Payment Plan
This plan allows 60% of the shop price to be paid during construction, followed by 10% at handover and 30% over three years after completion.
|
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%
|
The post-handover structure reduces the amount payable at possession and spreads part of the purchase price beyond the project completion date.
Phase 2: 50/50 Standard Payment Plan
The Phase 2 standard plan 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 listed Phase 2 EOI amount for a Shop is AED 100,000. This reservation amount should be distinguished from the full booking instalment shown in the payment schedule.
Phase 2: 60/40 Post-Handover Payment Plan
Under the Phase 2 post-handover option, 60% is paid by completion and the remaining 40% is 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 Shop units in both phases start from approximately 1,000 sq. ft., providing commercial space for different retail and service concepts.
|
Phase
|
Starting Size
|
Starting Price
|
EOI Amount
|
Handover
|
|
Phase 1
|
Approximately 1,000 sq. ft.
|
AED 2,500,000
|
AED 125,000
|
Q1 2029
|
|
Phase 2
|
Approximately 1,000 sq. ft.
|
AED 2,900,000
|
AED 100,000
|
Q2 2029
|
The final shop layout may vary according to its location within the development. Unit width, frontage, ceiling height, service connections, access points, internal configuration, and permitted commercial use should be confirmed from the official floor plan and sales documents.
Master Plan
The Shops form part of RAW District’s two-phase mixed-use master plan on Sheikh Zayed Road. The project combines residential, office, and retail properties to create an integrated environment for residents, businesses, visitors, and commercial operators.
Phase 1 is scheduled for handover in Q1 2029 and includes:
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Studio apartments
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One-bedroom suites
-
One-bedroom apartments
-
Two-bedroom apartments
-
Three-bedroom apartments
-
Office spaces
-
Shops and 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
-
Shops and retail spaces
The two-phase structure allows retail buyers to compare starting prices, EOI amounts, payment plans, unit availability, and handover dates within the same mixed-use development.