Belmore Residences Payment Plan: 20/50/30, Handover Q3 2027
Belmore Residences by Ellington runs on a 20/50/30 payment plan, starting from AED 1.7 million, with handover scheduled for Q3 2027 across 210 apartments in Meydan Horizon.
Belmore Residences by Ellington runs on a 20/50/30 payment plan: 20% on booking, 50% during construction, and 30% at handover, scheduled for Q3 2027. Prices start from AED 1.7 million across a 210-unit building in Meydan Horizon.
The three-step schedule
Ellington's published plan for Belmore Residences has three steps rather than the smaller, more frequent instalments used on some other off-plan projects: 20% at booking, 50% spread across the construction period, and the remaining 30% due at handover.
| Step | Share | Timing |
|---|---|---|
| Booking | 20% | On reservation |
| Construction | 50% | Through the build period |
| Handover | 30% | Q3 2027 |
Why the construction share is the heaviest
Unlike plans that concentrate most of the balance at the end, Belmore Residences puts the largest single share, 50%, into the construction phase itself. For a buyer, that means more than half of the total price is committed well before the keys change hands, with a comparatively lighter 30% due at the Q3 2027 handover.
What the starting price and sizes look like
Belmore Residences starts from AED 1.7 million, with unit sizes running from 754 to 1,527 sq ft across 1, 2 and 3-bedroom apartments. The building totals 210 units across 32 storeys, with many of them looking toward the Ras Al Khor Wildlife Sanctuary.
What handover in Q3 2027 means for your schedule
A Q3 2027 handover gives a buyer roughly a year and a half to two years from booking to plan the construction-phase instalments that make up the 50% share. Because that share is paid progressively rather than in one transfer, your adviser confirms the specific dates tied to construction milestones for your unit before you commit to the schedule.
Where the money is held
As with any off-plan purchase in Dubai, every instalment under this plan is paid into an escrow account controlled by the Dubai Land Department rather than directly to Ellington. Progress toward the Q3 2027 handover can be checked at any point through the DLD's Project Status Enquiry service.
What you get across the unit mix
Belmore Residences, formerly marketed as Belgrove Residences, offers 1, 2 and 3-bedroom apartments across its 210 units, with sizes from 754 sq ft at the smaller end up to 1,527 sq ft for the larger 3-bedroom layouts. Many units face toward the Ras Al Khor Wildlife Sanctuary, which is one of the draws of this particular Meydan Horizon address compared with towers facing inward toward the community itself.
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A design-led approach to shared spaces
Ellington carries a design-forward reputation across its Dubai portfolio, and Belmore Residences follows that same approach in its shared spaces and finishes. Within the wider MBR City masterplan, the building sits close to schools, parks and the Meydan corridor, giving residents everyday amenities beyond the building's own facilities.
Weighing the 50% construction share against your own cash flow
A buyer comparing several Meydan Horizon addresses should look closely at how a 20/50/30 plan fits their own income pattern over the next two to three years. If most of your liquidity arrives steadily rather than in one lump sum, a heavier construction-phase share can be easier to plan around than a plan that defers more to handover; if your liquidity is tied to a future event, such as a bonus or a property sale, a plan with a lighter construction share and a heavier handover instalment may suit you better.
Comparing this plan to others in Meydan Horizon
A 20/50/30 structure is heavier on the construction phase than some neighbouring projects. Our guide comparing off-plan payment plans in Dubai and our Meydan Horizon district guide set Belmore Residences against other options in the same part of Dubai.
What to confirm before you reserve
Before transferring the booking instalment, ask your adviser for the full construction-phase schedule in writing, including how the 50% is broken down across individual milestones rather than assumed as a single mid-point payment. The same request applies regardless of which unit size you choose, from the smallest 754 sq ft layout to the larger 1,527 sq ft apartments, since the percentage structure stays the same across the unit mix even as the absolute amounts change with price.
Next step with Orven
To confirm current unit availability, exact pricing by size, and the construction-milestone dates tied to the 50% instalment, send your budget to Orven on WhatsApp at +971 52 776 1939 or by email at sales@orvenproperties.com. The Belmore Residences project page has the current unit mix, and /find-your-home/ lets you compare it with other Meydan Horizon addresses.
FAQ
What is the Belmore Residences payment plan? 20% on booking, 50% during construction, and 30% at handover in Q3 2027.
What is the starting price? AED 1.7 million.
How many units does the building have? 210 units across 32 storeys, with sizes from 754 to 1,527 sq ft.
When is handover scheduled? Q3 2027, according to the published project data.
Who develops Belmore Residences? Ellington, in the Meydan Horizon area of MBR City.
ORVEN PROPERTIES
Talk to an Orven adviser
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Frequently asked questions
What is the Belmore Residences payment plan?
20% on booking, 50% during construction, and 30% at handover in Q3 2027.
What is the starting price?
AED 1.7 million.
How many units does the building have?
210 units across 32 storeys, with sizes from 754 to 1,527 sq ft.
When is handover scheduled?
Q3 2027, according to the published project data.
Who develops Belmore Residences?
Ellington, in the Meydan Horizon area of MBR City.
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