What is the payment plan for Damac Bay 2?

Damac Bay 2 by Damac is sold on a 5/55/40 plan: 5% on booking, 55% during construction, 40% on completion, as published by the developer.

How much is the booking amount for Damac Bay 2?

5% of the price. On the cheapest unit at AED 4.1M that is AED 205,750.

How much do I pay before I get the keys to Damac Bay 2?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 4.1M that is AED 4.1M by handover in Q4 2028.

Does Damac Bay 2 have a post-handover payment plan?

No. The published plan completes at handover in Q4 2028.

What are the registration fees on Damac Bay 2?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 4.1M that is AED 164,600. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.

When is the handover of Damac Bay 2?

Damac publishes Q4 2028, which is 27 months from now.

Damac · Dubai Marina · handover Q4 2028

Damac Bay 2 payment plan

Damac Bay 2 by Damac in Dubai Marina, Dubai is sold on a 5/55/40 payment plan. On the cheapest unit, starting from AED 4.1M, that is AED 4.1M (100%) paid by handover in Q4 2028. Handover is 27 months away.

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The Damac Bay 2 payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On Booking	5%
During Construction	55%
On completion	40%

On the cheapest unit (2–4 BR, AED 4.1M)

On Booking	AED 205,750
During Construction	AED 2,263,250
On completion	AED 1,646,000
Total (100%)	AED 4,115,000
Months to handover	27

Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 4,115,000. Registration and other fees are not included.

The Damac Bay 2 instalment schedule, line by line

Every instalment Damac publishes for Damac Bay 2, in order, with the charges listed alongside the plan.

Payment plan

Published by Damac

Stage	Instalment	Share	On AED 4,115,000
On Booking5%	On Booking	5%	AED 205,750
During Construction55%	1 month after booking	10%	AED 411,500
	3 months after booking	5%	AED 205,750
	1% From 4 to 25 months after booking	19%	AED 781,850
	6% in months 8, 13, 20 after booking	18%	AED 740,700
	26 months after booking	3%	AED 123,450
On completion40%	On completion	40%	AED 1,646,000
Total of the plan		100%	AED 4,115,000

Instalments and charges as published by Damac; the dirham column applies each percentage to the published starting price of AED 4,115,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Damac Bay 2

The same plan, applied to the starting price Damac publishes for each size in the building.

Unit	From	On Booking (5%)	During Construction (55%)	On completion (40%)
2 bedfrom 931 sq ft	AED 4,115,000	AED 205,750	AED 2,263,250	AED 1,646,000
3 bedfrom 2,106 sq ft	AED 8,338,000	AED 416,900	AED 4,585,900	AED 3,335,200
4 bedfrom 5,879 sq ft	AED 29,809,000	AED 1,490,450	AED 16,394,950	AED 11,923,600

Starting price per size as published by Damac; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Damac Bay 2

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Damac and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

Unit	From	Land Department 4%
2 bed	AED 4,115,000	AED 164,600
3 bed	AED 8,338,000	AED 333,520
4 bed	AED 29,809,000	AED 1,192,360

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on Damac Bay 2

Damac Bay 2 payment plan: questions buyers ask

What is the payment plan for Damac Bay 2?: Damac Bay 2 by Damac is sold on a 5/55/40 plan: 5% on booking, 55% during construction, 40% on completion, as published by the developer.
How much is the booking amount for Damac Bay 2?: 5% of the price. On the cheapest unit at AED 4.1M that is AED 205,750.
How much do I pay before I get the keys to Damac Bay 2?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 4.1M that is AED 4.1M by handover in Q4 2028.
Does Damac Bay 2 have a post-handover payment plan?: No. The published plan completes at handover in Q4 2028.
What are the registration fees on Damac Bay 2?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 4.1M that is AED 164,600. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of Damac Bay 2?: Damac publishes Q4 2028, which is 27 months from now.