by Damac Properties
Damac District Tower B at Damac Hills, DubaiPayment Plan
Damac Hills, Dubai, UAE
Developer
Damac Properties
Starting Price
AED 1,200,000
Unit Types
1 BR · Studio
Size Range
412 - 1,036 sqft
38 - 96 sqm
Handover
Q3 2029
Payment Plan
5 - 10 - 5 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 50%
Booking - Construction - Handover
Damac District Tower B at Damac Hills, Dubai Payment Plan & Buyer Costs
The payment plan for Damac District Tower B at Damac Hills is designed to provide flexibility and ease for potential buyers. It begins with a down payment of 5% upon booking, followed by an initial installment of 10%. The subsequent payments are structured to be manageable, with a series of 1% installments spread throughout the construction period. Specifically, after the first two payments, there will be a total of 28 additional installments at 1% each, leading up to the final installment. This final payment is set at 50% and is due upon handover, which is anticipated in Q3 2029. This staggered payment approach allows buyers to invest in their future home while minimizing financial strain during the construction phase.
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.
Starting Price
1,200,000AED 1,200,000
5 - 10 - 5 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 50%
Payment Plan
5 - 10 - 5 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 1 - 50%
Down Payment
5%
AED 60,000
1st Installment
10%
AED 120,000
2nd Installment
5%
AED 60,000
3rd Installment
1%
AED 12,000
4th Installment
1%
AED 12,000
5th Installment
1%
AED 12,000
6th Installment
1%
AED 12,000
7th Installment
1%
AED 12,000
8th Installment
1%
AED 12,000
9th Installment
1%
AED 12,000
10th Installment
1%
AED 12,000
11th Installment
1%
AED 12,000
12th Installment
1%
AED 12,000
13th Installment
1%
AED 12,000
14th Installment
1%
AED 12,000
15th Installment
1%
AED 12,000
16th Installment
1%
AED 12,000
17th Installment
1%
AED 12,000
18th Installment
1%
AED 12,000
19th Installment
1%
AED 12,000
20th Installment
1%
AED 12,000
21st Installment
1%
AED 12,000
22nd Installment
1%
AED 12,000
23rd Installment
1%
AED 12,000
24th Installment
1%
AED 12,000
25th Installment
1%
AED 12,000
26th Installment
1%
AED 12,000
27th Installment
1%
AED 12,000
28th Installment
1%
AED 12,000
29th Installment
1%
AED 12,000
30th Installment
1%
AED 12,000
31st Installment
1%
AED 12,000
32nd Installment
1%
AED 12,000
Final Installment
50%
AED 600,000
The payment plan for Damac District Tower B at Damac Hills is designed to provide flexibility and ease for potential buyers. It begins with a down payment of 5% upon booking, followed by an initial installment of 10%. The subsequent payments are structured to be manageable, with a series of 1% installments spread throughout the construction period. Specifically, after the first two payments, there will be a total of 28 additional installments at 1% each, leading up to the final installment. This final payment is set at 50% and is due upon handover, which is anticipated in Q3 2029. This staggered payment approach allows buyers to invest in their future home while minimizing financial strain during the construction phase.
Accepted Methods
Units Information
Unit Types
1 BR, Studio
Size Range
412 - 1,036 sqft
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1,200,000AED 1,200,000
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1,200,000AED 1,200,000
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Project Details
Regulatory Permit
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