The payment plan for Maldives at Damac Islands is flexible and convenient offering a pathway to owning your dream residence in this idyllic community.
Damac Properties understands the importance of making your homeownership journey smooth and stress-free, and thus, presents a well-designed payment structure that suits your financial capabilities. Moreover, by breaking down the property cost into manageable payments, owning a home at Damac Islands becomes more affordable and within reach.
| Installment | Payment (%) | Milestone |
|---|---|---|
| Down Payment | 20% | On Booking Date |
| 1st to 5th Installment | 5% | Within 7 months (1% monthly) from booking date |
| 6th Installment | 5% | Within 8 months from booking date |
| 7th to 11th Installment | 5% | Within 13 months (1% monthly) from booking date |
| 12th Installment | 5% | Within 14 months from booking date |
| 13th to 17th Installment | 5% | Within 19 months (1% monthly) from booking date |
| 18th Installment | 5% | Within 20 months from booking date |
| 19th to 23rd Installment | 5% | Within 25 months (1% monthly) from booking date |
| 24th Installment | 5% | Within 26 months from booking date |
| 25th to 39th Installment | 15% | Within 41 months (1% monthly) from booking date |
| Final Installment | 25% | On Handover |
