Golf Residences: the 20/20/60 payment plan and why 60% at handover changes how you prepare
Golf Residences in Dubai Sports City is sold with 20% at booking, 20% during construction and 60% at handover. Why the largest share falls at the end, and how to prepare for it.
The structure in one line
Golf Residences, by Prestige One in Dubai Sports City, is sold off-plan with 20% at booking, 20% during construction and 60% at handover. It is the lightest construction share in our Prestige One selection and the heaviest single payment at the end, larger even than Coastal Haven's 80% because here it stands alone as one tranche rather than split with an earlier construction share of similar size. The collection offers two- and three-bedroom residences built around golf-course views.
Starting prices and the handover date are on request from your adviser.
What each tranche represents
| Stage | Share | What it covers |
|---|---|---|
| Booking | 20% | Reserves the unit, signs the sales agreement, opens the escrow file |
| Construction | 20% | A lighter set of milestone instalments during the build |
| Handover | 60% | The largest single payment, settled before the keys and title deed transfer |
Because only 20% is spread across the construction period, most of the buyer's commitment sits at the end rather than being distributed through the build.
When each payment falls due
Booking is settled at signature. The 20% construction share is spread into a small number of instalments tied to progress on site, as stated in your sales agreement, not to fixed calendar dates. The 60% handover payment is due once the residence is ready, before you receive the keys and the title deed transfer. Your adviser confirms the exact sequence for your unit from the sales documents in force.
Why 60% at handover changes your preparation
A buyer choosing Golf Residences carries less cash-flow pressure during construction than at FAUCHON or Hilton, where 40% is spread over the build, but faces a larger single commitment at completion. This suits an investor who expects a lump sum to become available near handover, for example from the sale of another asset, a maturing investment or a bonus cycle, rather than one who prefers to pay down the price gradually. If you plan to rely on bank financing for part of the 60%, start the conversation with your adviser well before handover approaches, since a lender's approval and valuation take place close to completion, not at booking.
Where the money goes
Every instalment, including the 60% at handover, is transferred to an escrow account opened for this project at a UAE bank, controlled by the Dubai Land Department. Prestige One cannot draw on these funds freely: release follows certified construction progress, verifiable at any time through the DLD's Project Status Enquiry service. For a buyer in London or Johannesburg planning a large transfer near handover, this regulatory control is what makes the final payment safe to send from a distance.
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What you prepare at each step
- At booking: passport copy, proof of funds for the 20%, signed sales agreement.
- During construction: keep your bank arrangement active for the smaller 20% share, spread across fewer milestones than at other Prestige One projects.
- Ahead of handover: begin arranging the 60% well in advance, whether from savings, the sale of an asset or bank financing subject to the lender's approval.
- Budget for acquisition costs on top of the price: the Dubai Land Department's 4% registration fee and the Oqood registration for off-plan sales.
Reserving from abroad
- Send your budget and typology preference to Orven on WhatsApp.
- Receive current availability, floor plans and the exact schedule for a matching unit.
- Sign the sales agreement electronically with a copy of your passport.
- Transfer the 20% to the escrow account with the proof of source of funds your bank requires.
- Plan the 60% handover payment early, and confirm with your adviser whether bank financing is realistic for your profile.
See the Golf Residences page for the current selection, and compare this structure with the other Prestige One plans in our guide on comparing off-plan payment plans in Dubai. Brokerage is carried out through ORVEN REAL ESTATE BROKERAGE L.L.C S.P.C (Economic License No. CN-6800129, ADRA).
FAQ
Why does Golf Residences ask for 60% at handover instead of splitting it further? This is the structure published by the developer for this project. Ask your adviser to confirm it in writing in the sales agreement for the unit you reserve.
Can the 60% be financed with a mortgage? For some non-residents, subject to a UAE bank's approval and valuation near completion. Possible, not guaranteed, and best discussed with your adviser well before handover.
Is 20/20/60 more or less demanding than 20/80 at Coastal Haven? Both leave a large final payment, but Golf Residences also asks for a 20% construction share along the way, while Coastal Haven asks for nothing between booking and handover. Compare them in our guide on Coastal Haven's 20/80 plan.
Where is my money held between instalments? In the project's escrow account at a UAE bank, controlled by the Dubai Land Department, released to the developer as construction milestones are certified.
What amenities come with Golf Residences? The published amenities include a skyline infinity pool, floating cabanas, a running track, an outdoor cinema, an owners' lounge and a fitness centre.
ORVEN PROPERTIES
Talk to an Orven adviser
Leave your number: an adviser calls you back or replies on WhatsApp, in your language. No commitment.
Frequently asked questions
Why does Golf Residences ask for 60% at handover instead of splitting it further?
This is the structure published by the developer for this project. Ask your adviser to confirm it in writing in the sales agreement for the unit you reserve.
Can the 60% be financed with a mortgage?
For some non-residents, subject to a UAE bank's approval and valuation near completion. Possible, not guaranteed, and best discussed with your adviser well before handover.
Is 20/20/60 more or less demanding than 20/80 at Coastal Haven?
Both leave a large final payment, but Golf Residences also asks for a 20% construction share along the way, while Coastal Haven asks for nothing between booking and handover. Compare them in our guide on [Coastal Haven's 20/80 plan](/guides/coastal-haven-dubai-islands-20-percent-booking-80-percent-handover/).
Where is my money held between instalments?
In the project's escrow account at a UAE bank, controlled by the Dubai Land Department, released to the developer as construction milestones are certified.
What amenities come with Golf Residences?
The published amenities include a skyline infinity pool, floating cabanas, a running track, an outdoor cinema, an owners' lounge and a fitness centre.
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