The Alba Residences Dorchester Collection in Palm Jumeirah, Dubai

The Alba Residences Dorchester Collection is a luxury development by Omniyat, situated on Dubai's Palm Jumeirah. Below are the key details regarding its completion date and payment plans:

Completion Date

The Alba Residences are anticipated to be completed and ready for handover in the first quarter of 2028.

Payment Plan

Omniyat offers a structured payment plan to facilitate buyers 
Down Payment: 5% upon booking.
During Construction: 55%

Distributed over specific construction milestones:
10% within 30 days from the Sale & Purchase Agreement (SPA) effective date.
10% within 60 days from the SPA effective date.
10% upon substantial completion of residential tower enabling works.
5% upon substantial completion of the residential tower ground floor.
10% upon substantial completion of the residential superstructure.
10% upon substantial completion of residential window glazing installation.

On Handover: 40% upon project completion.
This payment structure allows buyers to manage their investment effectively, aligning payments with construction progress.