The payment plan for ELO 3 by Damac Properties is designed to offer flexibility and convenience to buyers. This comes with structured payment schedule that allows buyers to make payments in installments, ensuring that the financial burden is eased over time. The initial down payment is followed by a series of milestone payments aligned with the construction progress, culminating in the final payment upon handover.
Convenient 80/20, Installments Payment Plan
| Installment | Payment (%) | Milestone |
|---|
| Down Payment | 20% | On Booking Date |
| 1st to 6th Installment | 12% | Within 8 months (2% monthly) from booking date |
| 7th Installment | 20% | Within 9 months from booking date |
| 8th to 11th Installment | 8% | Within 13 months (2% monthly) from booking date |
| 12th Installment | 20% | Within 14 months from booking date |
| Final Installment | 20% | On Handover |
+971 55 162 3236
+971 55 162 3236