Barbados 2 at Damac Islands Phase 2Payment Plan

The payment plan for Barbados 2 at Damac Islands Phase 2 offers a structured approach to home financing that caters to both investors and homeowners. To secure your unit, an initial down payment of 20% is required. Following this, 55% of the total price is payable during the construction phase, allowing you to manage your finances as the project progresses. Finally, the remaining 25% is due upon handover, which is anticipated to take place in the second quarter of 2030. This staggered payment structure is designed to provide flexibility and ease, making it an attractive option for those looking to invest in this stunning 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.