Damac · Damac Hills · handover Q3 2029
Damac District Tower A payment plan, price and handover
Damac District Tower A by Damac in Damac Hills, Dubai is sold on a 5/55/40 payment plan. On the cheapest unit, starting from AED 1.23M, that is AED 1.23M (100%) paid by handover in Q3 2029. Handover is 34 months away.
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The Damac District Tower A 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 (1 BR, 674 sqft, AED 1.23M)
| On Booking | AED 61,100 |
| During Construction | AED 672,100 |
| On Completion | AED 488,800 |
| Total (100%) | AED 1,222,000 |
| Months to handover | 34 |
Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 1,222,000. Registration and other fees are not included.
The Damac District Tower A instalment schedule, line by line
Damac publishes 2 payment plans for Damac District Tower A. Each is shown as published, with every instalment and the charges listed alongside it.
Plan 1 of 2: Payment plan
Published by Damac
| Stage | Instalment | Share | On AED 1,222,000 |
|---|---|---|---|
| On Booking5% | On Booking | 5% | AED 61,100 |
| Oqood fee | fixed | AED 1,000 | |
| DLD fee | 4% | AED 48,880 | |
| During Construction55% | 1st month installment | 10% | AED 122,200 |
| 3rd month installment | 5% | AED 61,100 | |
| 4th month installment | 0.25% | AED 3,055 | |
| 5th month installment | 0.25% | AED 3,055 | |
| 6th month installment | 0.25% | AED 3,055 | |
| 7th month installment | 0.25% | AED 3,055 | |
| 8th month installment | 0.25% | AED 3,055 | |
| 9th month installment | 0.25% | AED 3,055 | |
| 10th month installment | 0.25% | AED 3,055 | |
| 11th month installment | 0.25% | AED 3,055 | |
| 12th month installment | 11% | AED 134,420 | |
| 13th month installment | 0.25% | AED 3,055 | |
| 14th month installment | 0.25% | AED 3,055 | |
| 15th month installment | 0.25% | AED 3,055 | |
| 16th month installment | 0.25% | AED 3,055 | |
| 17th month installment | 0.25% | AED 3,055 | |
| 18th month installment | 6% | AED 73,320 | |
| 19th month installment | 0.25% | AED 3,055 | |
| 20th month installment | 0.25% | AED 3,055 | |
| 21st month installment | 0.25% | AED 3,055 | |
| 22nd month installment | 0.25% | AED 3,055 | |
| 23rd month installment | 0.25% | AED 3,055 | |
| 24th month installment | 6.5% | AED 79,430 | |
| 25th month installment | 0.25% | AED 3,055 | |
| 26th month installment | 0.25% | AED 3,055 | |
| 27th month installment | 0.25% | AED 3,055 | |
| 28th month installment | 0.25% | AED 3,055 | |
| 29th month installment | 6% | AED 73,320 | |
| 30th month installment | 0.25% | AED 3,055 | |
| 31st month installment | 0.25% | AED 3,055 | |
| 32nd month installment | 0.25% | AED 3,055 | |
| 33rd month installment | 0.25% | AED 3,055 | |
| 34th month installment | 4% | AED 48,880 | |
| On Completion40% | On Completion | 40% | AED 488,800 |
| Total of the plan | 100% | AED 1,222,000 | |
Lines marked fee (Oqood fee, DLD fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.
Plan 2 of 2: Payment plan 50/50
Published by Damac
| Stage | Instalment | Share | On AED 1,222,000 |
|---|---|---|---|
| On booking5% | On booking | 5% | AED 61,100 |
| DLD fee | 4% | AED 48,880 | |
| During Construction45% | 1 month after booking | 5% | AED 61,100 |
| 3 month after booking | 5% | AED 61,100 | |
| (0.2% per month) From 4 to 11 months after booking | 1.6% | AED 19,552 | |
| 12th months after booking | 10.4% | AED 127,088 | |
| (0.2% per month) From 13 to 17 months after booking | 1% | AED 12,220 | |
| 18th months after booking | 5% | AED 61,100 | |
| (0.2% per month) From 19 to 23 months after booking | 1% | AED 12,220 | |
| 24th months after booking | 5% | AED 61,100 | |
| (0.2% per month) From 25 to 28 months after booking | 1% | AED 12,220 | |
| 29th months after booking | 4% | AED 48,880 | |
| (0.2% per month) From 30 to 33 months after booking | 1% | AED 12,220 | |
| 34th months after booking | 5% | AED 61,100 | |
| On Handover | as published | 50% | AED 611,000 |
| Total of the plan | 100% | AED 1,222,000 | |
Lines marked fee (DLD fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.
Instalments and charges as published by Damac; the dirham column applies each percentage to the published starting price of AED 1,222,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Damac District Tower A
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%) |
|---|---|---|---|---|
| 1 bedfrom 674 sq ft | AED 1,222,000 | AED 61,100 | AED 672,100 | AED 488,800 |
| 2 bedfrom 1,017 sq ft | AED 1,797,000 | AED 89,850 | AED 988,350 | AED 718,800 |
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 District Tower A
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% |
|---|---|---|
| 1 bed | AED 1,222,000 | AED 48,880 |
| 2 bed | AED 1,797,000 | AED 71,880 |
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 District Tower A
Damac District Tower A payment plan: questions buyers ask
- What is the payment plan for Damac District Tower A?
- Damac District Tower A 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 District Tower A?
- 5% of the price. On the cheapest unit at AED 1.23M that is AED 61,100.
- How much do I pay before I get the keys to Damac District Tower A?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.23M that is AED 1.23M by handover in Q3 2029.
- Does Damac District Tower A have a post-handover payment plan?
- No. The published plan completes at handover in Q3 2029. If you sell before handover, this is how it works.
- What are the registration fees on Damac District Tower A?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.23M that is AED 48,880. 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 District Tower A?
- Damac publishes Q3 2029, which is 34 months from now.
Payment plans in Damac Hills
Damac payment plans
Other Damac payment plans
starting from
AED 1.23M
handover Q3 2029