Damac Islands project comes with a 75/25 payment plan. As part of this payment plan, 75% of the property price is payable during construction and 25% at the time of handover.
20%
Down payment
55%
During Construction
25%
On Project Completion
Damac Islands Payment Plan Breakdown
- Deposit: Immediate – 20%
- 1st Installment: Within 3 months from sale – 1%
- 2nd Installment: Within 4 months from sale – 1%
- 3rd Installment: Within 5 months from sale – 1%
- 4th Installment: Within 6 months from sale – 1%
- 5th Installment: Within 7 months from sale – 1%
- 6th Installment: Within 8 months from sale – 5%
- 7th Installment: Within 9 months from sale – 1%
- 8th to 12th Installments: Monthly from 10 to 13 months – 1% each
- 13th Installment: Within 14 months from sale – 5%
- Remaining Installments: Monthly, from 15 to 41 months – 1% each
- Final Installment: On completion – 25%
Download Brochure and Floor Plan
