Developer Tanmiyat has revised the payment plan for its AED2.7 billion ($735m) Living Legends project at Dubailand.

The Saudi-based developer has not collected any payments from customers for the past five months. Details of the new plan are being sent to buyers.

The new plan is in line with Real Estate Regulatory Agency (RERA) guidelines that say developers should collect payments as they reach different stages of the construction processes, Emirates Business reported.