DAMAC Lagoon Views Payment plan

Plan Structure: 80/20 with Milestone-Based Construction Instalments

Payment Plan Type: 80/20 Construction Linked Plan. With Q1 2027 handover imminent, only 20% is due at completion, one of the lowest balloon requirements of any DAMAC community launch. Initiate mortgage pre-approval immediately.

• On Booking: 20% down payment

• During Construction: 60% in staged milestone-based instalments tied to construction progress

• On Handover: 20% at Q1 2027

• Only 20% at handover, among the lowest balloon payment requirements of any DAMAC community apartment launch

• Q1 2027 handover is imminent, initiate mortgage pre-approval immediately for smoothest transaction

• Construction instalments are substantially progressed for earlier bookings in Phase 1 and Phase 2

• 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, initiate immediately given Q1 2027 proximity

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

• AED 2M Plus qualifies for UAE 10-Year Golden Visa for buyer and immediate family

• 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