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Payment Plan Type: 70/30 Construction Linked Plan. 20% on booking secures your unit in one of Dubai's most distinctive wellness communities, with 30% only due at handover in May 2028 to Q2 2029 depending on cluster selection.
On Booking: 20% down payment
During Construction: 50% in staged 1% monthly instalments over the construction period
On Handover: 30% at May 2028 (earlier clusters) to Q2 2029 (later clusters)
Monthly Instalment 1BR (AED 888K): Approximately AED 8,880 per month during construction
Monthly Instalment 2BR (AED 1.42M): Approximately AED 14,200 per month during construction
Cluster selection allows buyers to choose between earlier handover (May 2028) or more construction instalment runway (Q2 2029)
DAMAC listed developer status ensures transparent milestone delivery and payment alignment
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 mortgage pre-approval up to 24 months before handover
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