DAMAC Towers by Paramount - Payment Plan

Payment Plan

Considering the scale of the development, Damac Towers by Paramount Hotels & Resorts gets a lucrative payment plan. To make it more investor-friendly, the developer is presenting flexible and affordable down payment options.

Besides, the 8% gross return guarantee for 3 years clearly benefits the buyer in the long run.

Option 1: Units priced below 3 million

InstallmentMilestonePayment (%)
DepositImmediate20% + 4% RERA registration fees
1st InstallmentWithin 90 days of Sale Date10%
2nd InstallmentWithin 180 days of Sale Date10%
3rd InstallmentWithin 270 days of Sale Date10%
4th InstallmentWithin 360 days of Sale Date10%
5th InstallmentWithin 540 days of Sale Date20%
Final InstallmentWithin 720 days of Sale Date20%


Option 2: Units priced above 3 million

InstallmentMilestonePayment (%)
DepositImmediate20% + 4% RERA registration fees
1st InstallmentWithin 180 days of Sale Date10%
2nd InstallmentWithin 360 days of Sale Date10%
3rd InstallmentWithin 540 days of Sale Date15%
4th InstallmentWithin 720 days of Sale Date20%
5th InstallmentWithin 900 days of Sale Date15%
Final InstallmentWithin 1080 days of Sale Date20%

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