Can you explain the payment plan for DAMAC Islands?

The payment plan is structured to facilitate investor cash flow over a 49-month period. An initial 20% deposit is required immediately upon sale. This is followed by 47 instalments, with most being 1% monthly. However, strategic 3% payments are sche…

The full explanation

The payment plan is structured to facilitate investor cash flow over a 49-month period. An initial 20% deposit is required immediately upon sale. This is followed by 47 instalments, with most being 1% monthly. However, strategic 3% payments are scheduled at the 8th, 14th, 20th, and 26th-month milestones. The final 25% of the property value is due upon the anticipated completion date of June 30, 2030. This staggered approach allows investors to manage equity effectively throughout the construction lifecycle.

This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.

Ali Faizan Syed’s knowledge centre

Ask Ali about this question · Explore published properties · Browse all questions