Damac District at Damac Hills – Damac Properties - Payment Plan
Damac District payment plan
Damac District by Damac Properties in DAMAC Hills is sold with a 20/40/40 payment plan: 20% down payment on booking, 40% during construction and 40% on handover.
With prices starting from AED 1,100,000, the 20% down payment starts from about AED 220,000, and handover is expected in Q3 2029.
Below is the full instalment schedule and a mortgage calculator, so you can see what you pay before handover and what is left to finance. Ask us for the official payment plan PDF and the current price list.
Payment Plan Breakdown
Down Payment
On Booking Date
During Construction
Easy Installments
On Handover
Upon Completion
Detailed Payment Schedule
| Installment / Milestone | Percentage | Description / Trigger |
|---|---|---|
| Down Payment | 20% | |
| During Construction | 40% | |
| On Handover | 40% |
Mortgage Calculator
Monthly EMI: AED 0
Breakup of Total Payment
Upfront Costs & Bank Fees
Monthly Breakdown of EMI
| Inst # | Opening Balance | Monthly EMI | Interest | Principal | Closing Balance |
|---|
Damac District payment plan FAQ
What is the payment plan for Damac District?
Damac District has a 20/40/40 payment plan: 20% down payment on booking, 40% during construction and 40% on handover.
How much is the down payment for Damac District?
The down payment is 20% of the price. For a unit starting at AED 1,100,000, that is about AED 220,000, plus the 4% DLD fee where it applies.
When is the handover of Damac District?
Handover of Damac District is expected in Q3 2029. The amount due on handover can be paid in cash or with a mortgage.
More about Damac District
Developer: Damac Properties · Community: DAMAC Hills · See all Damac Properties projects
