Construction milestone

Also called: milestone payment

A construction milestone is a verified stage of building progress that triggers both a buyer instalment and the release of escrow funds to the developer.

Milestones are certified rather than self-declared, which is what ties buyer money to actual construction rather than to a developer's cash needs.

A payment plan described as linked to construction is materially different from one linked only to dates, and the SPA is where the difference is written down.

Related terms

Dubai Diligence is an independent property-data service built on official Dubai Land Department records. We are not a brokerage and no developer pays us. This is general information, not legal, financial or tax advice.

Tell us what you are looking for, and we will do the diligence around it.

Registered Dubai Land Department figures for the areas you are watching, sent weekly. An honest read on any property you are weighing, before you talk to whoever is selling it. And if you eventually want to meet someone, an introduction to an agent whose transaction record we can show you.

Everything on this site stays free and open whether you register or not. This is for people who want it pointed at their own shortlist.