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Payment Plan Type: 60/40 Construction Linked Plan. Only 5% secures your unit, one of the lowest booking deposits available in Dubai for a master waterfront community.
On Booking: 5% down payment (One of Dubai's Lowest Booking Deposits)
During Construction: 55% in staged milestone-based instalments tied to construction progress
On Handover: 40% at March 2029
5% booking allows investors to enter the market with minimal upfront capital
Construction instalments are milestone-based, aligning payments to verified DAMAC construction progress
DAMAC's large-scale delivery experience ensures milestone payments align to real progress
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 investment 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