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Price & Payment Plan

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

Payment Plan Type: 80/20 Construction Linked Plan. Only 20% required on booking and only 20% at Q1 2028 handover, one of the most favourable balloon structures of any DAMAC Downtown launch.

  • On Booking: 20% down payment

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

  • On Handover: 20% at Q1 2028

  • Only 20% at handover is among the lowest balloon payment requirements in Downtown Dubai

  • Construction milestone payments tied to verified DAMAC progress updates

  • DAMAC is a listed developer on Dubai Financial Market, providing highest-tier delivery transparency

  • 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

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DAMAC Volta Payment plan