by Damac Properties
Barbados 2 at Damac Islands Phase 2Payment Plan
Damac Islands 2, Dubai, Dubai, UAE
Developer
Damac Properties
Unit Types
4–5 BR
Handover
Q2 - 2030
Payment Plan
20 – 55 – 25%
Booking – Construction – Handover
Barbados 2 at Damac Islands Phase 2 Payment Plan & Buyer Costs
Barbados 2 at Damac Islands Phase 2 by Damac Properties is sold on a construction-linked payment plan (20 – 55 – 25%) — a down payment on booking, staged instalments during construction, and the balance on handover (targeted for Q2 - 2030). All payments are held in a RERA-regulated escrow account that protects your funds throughout the build.
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.
Payment Plan
20 – 55 – 25%
Down Payment
20%
During Construction
55%
On Handover
25%
20 Down Payment, 55 During Construction, 25 On Handover.
Accepted Methods
Units Information
Unit Types
4–5 BR
Size Range
—
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Project Details
TESTIMONIALS
What Buyers Say
“Exceptional quality and a prime location. The payment plan made it very accessible. The team at Binayah guided me through every step seamlessly.”
Ahmed R.
2 Bedroom Buyer
“We fell in love with the views and the amenities. It's the perfect family home with everything you need within walking distance.”
Sarah L.
3 Bedroom Buyer
“Great investment opportunity with strong rental yields. The developer has an excellent track record and the build quality is superb.”
James K.
1 Bedroom Buyer
Buyer's Guide & Resources
Essential reading for property buyers in Dubai
How to Buy Property in Dubai
Step-by-step: from RERA agent to title deed in 30 days
Golden Visa Through Property
AED 2M threshold, eligibility and family inclusion
Off-Plan vs Ready Properties
Pros, cons and decision matrix for each type
DLD Fees Explained
The real all-in cost beyond the 4% headline
Title Deed vs Oqood
Why this difference matters for resale and visa
Buying as a Non-Resident
Power of attorney, financing and timelines explained