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Violet Phase 4 payment plan

Violet Phase 4 by Damac Properties in Damac Hills 2 is sold with a 20/50/30 payment plan: 20% down payment on booking, 50% during construction and 30% on handover.

With prices starting from AED 1,900,000, the 20% down payment starts from about AED 380,000, and handover is expected in Q3 2028.

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

50%

During Construction

Easy Installments

30%

On Handover

Upon Completion

Detailed Payment Schedule

Installment / MilestonePercentageDescription / Trigger
Down Payment20%
During Construction50%
On Handover30%

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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Violet Phase 4 payment plan FAQ

What is the payment plan for Violet Phase 4?

Violet Phase 4 has a 20/50/30 payment plan: 20% down payment on booking, 50% during construction and 30% on handover.

How much is the down payment for Violet Phase 4?

The down payment is 20% of the price. For a unit starting at AED 1,900,000, that is about AED 380,000, plus the 4% DLD fee where it applies.

When is the handover of Violet Phase 4?

Handover of Violet Phase 4 is expected in Q3 2028. The amount due on handover can be paid in cash or with a mortgage.

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