DAMAC Islands 1 Payment plan

Plan Structure: 70/30 with 1% Monthly Instalments and Post-Handover Option

Payment Plan Type: 70/30 Construction Linked Plan with Post-Handover Option. The most accessible payment structure in the DAMAC Islands ecosystem, with just AED 35,000 EOI for studios securing priority allocation in one of Dubai's highest-demand master communities.

• EOI to Secure Priority: AED 35,000 (Studio), AED 55,000 (1BR)

• On Allocation: 10% down payment (inclusive of EOI)

• During Construction: 60% in 1% monthly instalments

• On Handover: 30% at 2030 (or post-handover payment option available)

• Monthly Instalment Studio (AED 680K): Approximately AED 6,800 per month

• Monthly Instalment 1BR (AED 1.1M): Approximately AED 11,000 per month

• 1% monthly is among the most manageable instalment structures in Dubai

• Post-handover option allows buyers to spread the 30% completion payment beyond the 2030 handover date

• UAE Residents: Up to 80% LTV mortgage available at handover

• Non-Residents: Up to 50% LTV mortgage available at handover

• UAE banks offer off-plan pre-approval up to 24 months before handover

• AED 750K Plus qualifies for UAE 2-Year Property Investor Visa

• Government Fee: 4% DLD (Dubai Land Department) fee applicable on purchase price

• Ownership Type: Freehold, 100% foreign ownership permitted

• No income tax, no capital gains tax and no property tax in UAE