Damac Islands Phase 1 and 2
- Developer
- DAMAC Properties
- Area
- Damac Suncity, Dubai
- Starting price
- AED 3,329,000
- Handover
- Q4 2030
Damac Islands Phase 1 and 2 Payment Plan
Damac Islands Phase 1 and 2 has one published payment plan. Handover is scheduled for Q4 2030.
Payment Plan
- 20% On booking
- 55% During construction
- 25% Upon Handover
| Milestone | Percentage |
|---|---|
| On booking | 20% |
| During construction | 55% |
| Upon Handover | 25% |
| Total | 100% |
Last updated 5 Oct 2026. How we collect and check data
Damac Islands Phase 1 and 2 Payment Plan: Frequently Asked Questions
- What is the down payment for Damac Islands Phase 1 and 2?
- The first instalment in the published plan is 20% (On booking).
- Does Damac Islands Phase 1 and 2 have a post-handover payment plan?
- No post-handover instalments are published for Damac Islands Phase 1 and 2; the plan completes on or before handover in Q4 2030.
- How many payment plans are offered at Damac Islands Phase 1 and 2?
- 1 payment plan is published for Damac Islands Phase 1 and 2. Each one is listed with its milestones on this page.
- When is handover at Damac Islands Phase 1 and 2?
- Handover at Damac Islands Phase 1 and 2 is scheduled for Q4 2030, as published by DAMAC Properties.