Damac · Damac Hills · handover Q3 2029
Damac District Tower B payment plan
Damac District Tower B by Damac in Damac Hills, Dubai is sold on a 5/55/40 payment plan. On the cheapest unit, starting from AED 780K, that is AED 780K (100%) paid by handover in Q3 2029. Handover is 36 months away.
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The Damac District Tower B payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On Booking | 5% |
| During Construction | 55% |
| On Handover | 40% |
On the cheapest unit (Studio–1 BR, AED 780K)
| On Booking | AED 39,000 |
| During Construction | AED 429,000 |
| On Handover | AED 312,000 |
| Total (100%) | AED 780,000 |
| Months to handover | 36 |
Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 780,000. Registration and other fees are not included.
The Damac District Tower B instalment schedule, line by line
Damac publishes 2 payment plans for Damac District Tower B. 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 780,000 |
|---|---|---|---|
| On Booking5% | On Booking | 5% | AED 39,000 |
| DLD Feefee | 4% | AED 31,200 | |
| During Construction55% | 1 month after booking | 10% | AED 78,000 |
| 3 months after booking | 5% | AED 39,000 | |
| 2% (0.25% per month) From 4 to 11 months after booking | 2% | AED 15,600 | |
| 12th months after booking | 11% | AED 85,800 | |
| 1.5% (0.25% per month) From 13 to 18 months after booking | 1.5% | AED 11,700 | |
| 19th months after booking | 0.5% | AED 3,900 | |
| 20th months after booking | 11% | AED 85,800 | |
| 1.75% (0.25% per month) From 21 to 27 months after booking | 1.75% | AED 13,650 | |
| 28th months after booking | 0.5% | AED 3,900 | |
| 29th months after booking | 9% | AED 70,200 | |
| 1.25% (0.25% per month) From 30 to 34 months after booking | 1.25% | AED 9,750 | |
| 35th months after booking | 1.5% | AED 11,700 | |
| On Handover | as published | 40% | AED 312,000 |
| Total of the plan | 100% | AED 780,000 | |
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.
Plan 2 of 2: Payment plan 50/50
Published by Damac
| Stage | Instalment | Share | On AED 780,000 |
|---|---|---|---|
| On Booking5% | On Booking | 5% | AED 39,000 |
| DLD feefee | 4% | AED 31,200 | |
| During Construction45% | 1 month after booking | 5% | AED 39,000 |
| 3 month after booking | 5% | AED 39,000 | |
| (0.2% per month) From 4 to 11 months after booking | 1.6% | AED 12,480 | |
| 12th months after booking | 10.4% | AED 81,120 | |
| (0.2% per month) From 13 to 17 months after booking | 1% | AED 7,800 | |
| 18th months after booking | 5% | AED 39,000 | |
| (0.2% per month) From 19 to 23 months after booking | 1% | AED 7,800 | |
| 24th months after booking | 5% | AED 39,000 | |
| (0.2% per month) From 25 to 28 months after booking | 1% | AED 7,800 | |
| 29th months after booking | 4% | AED 31,200 | |
| (0.2% per month) From 30 to 33 months after booking | 1% | AED 7,800 | |
| 34th months after booking | 5% | AED 39,000 | |
| On Handover | as published | 50% | AED 390,000 |
| Total of the plan | 100% | AED 780,000 | |
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 780,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Damac District Tower B
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 Handover (40%) |
|---|---|---|---|---|
| Studiofrom 412 sq ft | AED 780,000 | AED 39,000 | AED 429,000 | AED 312,000 |
| 1 bedfrom 596 sq ft | AED 1,105,000 | AED 55,250 | AED 607,750 | AED 442,000 |
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 B
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% |
|---|---|---|
| Studio | AED 780,000 | AED 31,200 |
| 1 bed | AED 1,105,000 | AED 44,200 |
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 B
Damac District Tower B payment plan: questions buyers ask
- What is the payment plan for Damac District Tower B?
- Damac District Tower B by Damac is sold on a 5/55/40 plan: 5% on booking, 55% during construction, 40% on handover, as published by the developer.
- How much is the booking amount for Damac District Tower B?
- 5% of the price. On the cheapest unit at AED 780K that is AED 39,000.
- How much do I pay before I get the keys to Damac District Tower B?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 780K that is AED 780K by handover in Q3 2029.
- Does Damac District Tower B have a post-handover payment plan?
- No. The published plan completes at handover in Q3 2029.
- What are the registration fees on Damac District Tower B?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 780K that is AED 31,200. 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 B?
- Damac publishes Q3 2029, which is 36 months from now.
Payment plans in Damac Hills
Damac payment plans
Other Damac payment plans
starting from
AED 780K
handover Q3 2029