UTOPIA by DAMAC Properties in DAMAC Hills, Dubai - Payment Plan
UTOPIA payment plan
UTOPIA 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% after handover.
With prices starting from AED 18,000,000, the 20% down payment starts from about AED 3,600,000, and handover is expected in Q4 2026.
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
Detailed Payment Schedule
| Installment / Milestone | Percentage | Description / Trigger |
|---|---|---|
| Down Payment | 20% | |
| During Construction | 40% | |
| Post-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 |
|---|
UTOPIA payment plan FAQ
What is the payment plan for UTOPIA?
UTOPIA has a 20/40/40 payment plan: 20% down payment on booking, 40% during construction and 40% after handover.
How much is the down payment for UTOPIA?
The down payment is 20% of the price. For a unit starting at AED 18,000,000, that is about AED 3,600,000, plus the 4% DLD fee where it applies.
When is the handover of UTOPIA?
Handover of UTOPIA is expected in Q4 2026. The amount due on handover can be paid in cash or with a mortgage.
Developer: Damac Properties · Community: DAMAC Hills · See all Damac Properties projects
