Damac District propose a payment plan which is investor-friendly and allows flexibility and convenience by Damac Properties. The customers can acquire their units beforehand through early reservation, by dribble at the construction phase and then the thing is managed. Handover is linked with the final payment, which makes buyers and investors efficient with their planning. This is a vision strategy which can not only provide a financial convenience, but also the appeal to investing in a dream home and business in the well-developed location in Dubai.
Convenient 60/40, 0.25% Monthly Installments Payment Plan
| Installment | Payment (%) | Milestone |
|---|
| Down Payment | 5% + 4% DLD | On Booking Date |
| 1st Installment | 10% | Within 1 month from booking date |
| 2nd Installment | 5% | Within 3 months from booking date |
| 3rd to 10th Installment | 2% | Within 11 months (0.25% monthly) from booking date |
| 11th Installment | 11% | Within 12 months from booking date |
| 12th to 17th Installment | 1.5% | Within 18 months (0.25% monthly) from booking date |
| 18th Installment | 0.5% | Within 19 months from booking date |
| 19th Installment | 11% | Within 20 months from booking date |
| 20th to 26th Installment | 1.75% | Within 27 months (0.25% monthly) from booking date |
| 27th Installment | 0.5% | Within 28 months from booking date |
| 28th Installment | 9% | Within 29 months from booking date |
| 29th to 33rd Installment | 1.25% | Within 34 months (0.25% monthly) from booking date |
| 34th Installment | 1.5% | Within 35 months from booking date |
| Final Installment | 40% | On Handover |