Bahamas 2 Damac Islands Phase 2Payment Plan

The payment plan for Bahamas 2 at Damac Islands Phase 2 is designed to provide flexibility for buyers. The process begins with a down payment of 20% of the property's price, which is required upon booking. Following this initial payment, 55% of the total price is to be paid during the construction phase of the project. This allows buyers to manage their finances while the property is being developed. Finally, the remaining 25% is due on handover, which is scheduled for the second quarter of 2030. With starting prices commencing at AED 2,750,000, this structured payment plan makes it easier for potential homeowners to invest in a luxurious lifestyle within this prestigious development by Damac Properties.

Beyond the purchase price, budget for the one-time Dubai Land Department fee (4%), the Oqood off-plan registration (around AED 3,000) and standard agency fees. Dubai charges no annual property tax and no capital-gains tax, so investment returns are kept in full.