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DAMAC Towers payment plan

DAMAC Towers by Damac Properties in Business Bay, Dubai is sold with a 20/80 payment plan: 20% down payment on booking and 80% after handover.

With prices starting from AED 1,020,000, the 20% down payment starts from about AED 204,000.

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

20%

Down Payment

On Booking Date

Detailed Payment Schedule

Installment / MilestonePercentageDescription / Trigger
Down Payment20%
Post-Handover80%

Mortgage Calculator

AED 1,500,000
AED 0 (20%)
4.50%
300 Months (25 Years)

Monthly EMI: AED 0

Breakup of Total Payment

Monthly Payment 0
Principal
AED 0
Interest Payable
AED 0
Total Amount Payable
AED 0

Upfront Costs & Bank Fees

Down Payment Required
AED 0
DLD Fee (4%) + Admin
AED 0
Total Upfront Needed
AED 0

Monthly Breakdown of EMI

Inst #Opening BalanceMonthly EMIInterestPrincipalClosing Balance

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DAMAC Towers payment plan FAQ

What is the payment plan for DAMAC Towers?

DAMAC Towers has a 20/80 payment plan: 20% down payment on booking and 80% after handover.

How much is the down payment for DAMAC Towers?

The down payment is 20% of the price. For a unit starting at AED 1,020,000, that is about AED 204,000, plus the 4% DLD fee where it applies.

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