by Damac Properties
Damac District Tower B at Damac Hills, DubaiPayment Plan
Damac Hills, Dubai, UAE
Developer
Damac Properties
Unit Types
1 BR · Studio
Size Range
375 - 1,038 sqft
35 - 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.
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%
1st Installment
10%
2nd Installment
5%
3rd Installment
1%
4th Installment
1%
5th Installment
1%
6th Installment
1%
7th Installment
1%
8th Installment
1%
9th Installment
1%
10th Installment
1%
11th Installment
1%
12th Installment
1%
13th Installment
1%
14th Installment
1%
15th Installment
1%
16th Installment
1%
17th Installment
1%
18th Installment
1%
19th Installment
1%
20th Installment
1%
21st Installment
1%
22nd Installment
1%
23rd Installment
1%
24th Installment
1%
25th Installment
1%
26th Installment
1%
27th Installment
1%
28th Installment
1%
29th Installment
1%
30th Installment
1%
31st Installment
1%
32nd Installment
1%
Final Installment
50%
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
375 - 1,038 sqft
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Project Details
Buyer's Guide & Resources
Essential reading for property buyers in Dubai
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Golden Visa Through Property
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Off-Plan vs Ready Properties
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DLD Fees Explained
The real all-in cost beyond the 4% headline
Title Deed vs Oqood
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Buying as a Non-Resident
Power of attorney, financing and timelines explained