Damac ELO 2 at Damac Hills 2 is the perfect place for first-time homebuyers and investors looking for value in a lively, family-friendly neighborhood because of its appealing payment plans and high potential for returns. 80/20 finance is available, with 20% due at booking, 60% due during construction, and the remaining 20% due at handover.
Down Payment
During Construction
On Handover
| Installments | Payment (%) | Milestones |
|---|---|---|
| Down Payment | 20% | On Booking Date |
| 1st to 6th Installment | 6% | Within 8 months (1% monthly) from booking date |
| 7th Installment | 10% | Within 9 months from booking date |
| 8th to 14th Installment | 7% | Within 16 months (1% monthly) from booking date |
| 15th Installment | 10% | Within 17 months from booking date |
| 16th to 22nd Installment | 7% | Within 24 months (1% monthly) from booking date |
| 23rd Installment | 10% | Within 25 months from booking date |
| 24th Installment | 5% | On 80% Of Building Completion |
| 25th Installment | 5% | On 90% Of Building Completion |
| Final Installment | 20% | On Completion |
