Damac · Damac Islands · handover Q4 2030
Damac Islands 2 - Antigua payment plan
Damac Islands 2 - Antigua by Damac in Damac Islands, Dubai is sold on a 20/55/25 payment plan. On the cheapest unit, starting from AED 3.0M, that is AED 3.0M (100%) paid by handover in Q4 2030. Handover is 51 months away.
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The Damac Islands 2 - Antigua payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On Booking | 20% |
| During Construction | 55% |
| On Handover | 25% |
On the cheapest unit (4–5 BR, AED 3.0M)
| On Booking | AED 598,800 |
| During Construction | AED 1,646,700 |
| On Handover | AED 748,500 |
| Total (100%) | AED 2,994,000 |
| Months to handover | 51 |
Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 2,994,000. Registration and other fees are not included.
The Damac Islands 2 - Antigua instalment schedule, line by line
Damac publishes 2 payment plans for Damac Islands 2 - Antigua. Each is shown as published, with every instalment and the charges listed alongside it.
Plan 1 of 2: 75/25 Payment Plan
Published by Damac
| Stage | Instalment | Share | On AED 2,994,000 |
|---|---|---|---|
| On Booking20% | On Booking | 20% | AED 598,800 |
| DLD Feefee | 4% | AED 119,760 | |
| Oqood Feefee | fixed | AED 1,000 | |
| During Construction55% | 1st Installment to 5th Installment | 5 × 1% | AED 29,940 each |
| 6th Installment | 3% | AED 89,820 | |
| 7th Installment to 11th Installment | 5 × 1% | AED 29,940 each | |
| 12th Installment | 3% | AED 89,820 | |
| 13th Installment to 17th Installment | 5 × 1% | AED 29,940 each | |
| 18th Installment | 3% | AED 89,820 | |
| 19th Installment to 23rd Installment | 5 × 1% | AED 29,940 each | |
| 24th Installment | 3% | AED 89,820 | |
| 25th Installment to 47th Installment | 23 × 1% | AED 29,940 each | |
| On Handover25% | On Handover | 25% | AED 748,500 |
| Total of the plan | 100% | AED 2,994,000 | |
Lines marked fee (DLD Fee, Oqood 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 2 (for selected 5-Bedroom Townhouses)
Published by Damac
| Stage | Instalment | Share | On AED 2,994,000 |
|---|---|---|---|
| On Booking16% | On Booking | 16% | AED 479,040 |
| DLD feefee | 4% | AED 119,760 | |
| During Construction34% | 3 months after booking | 2% | AED 59,880 |
| 0.75% monthly From 4 to 17 months after booking | 9.75% | AED 291,915 | |
| 18 months after booking | 1.5% | AED 44,910 | |
| 0.75% monthly From 19 to 29 months after booking | 8.25% | AED 247,005 | |
| 30 months after booking | 1.5% | AED 44,910 | |
| 0.75% monthly From 31 to 41 months after booking | 8.25% | AED 247,005 | |
| 42 months after booking | 1.25% | AED 37,425 | |
| 0.75% monthly 43, 44 months after booking | 1.5% | AED 44,910 | |
| On Handover | as published | 50% | AED 1,497,000 |
| Total of the plan | 100% | AED 2,994,000 | |
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 2,994,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Damac Islands 2 - Antigua
The same plan, applied to the starting price Damac publishes for each size in the building.
| Unit | From | On Booking (20%) | During Construction (55%) | On Handover (25%) |
|---|---|---|---|---|
| 4 bedfrom 2,186 sq ft | AED 2,994,000 | AED 598,800 | AED 1,646,700 | AED 748,500 |
| 5 bedfrom 2,829 sq ft | AED 3,612,000 | AED 722,400 | AED 1,986,600 | AED 903,000 |
| 5 bedfrom 3,492 sq ft | AED 5,220,000 | AED 1,044,000 | AED 2,871,000 | AED 1,305,000 |
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 Islands 2 - Antigua
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% |
|---|---|---|
| 4 bed | AED 2,994,000 | AED 119,760 |
| 5 bed | AED 3,612,000 | AED 144,480 |
| 5 bed | AED 5,220,000 | AED 208,800 |
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 Islands 2 - Antigua
Damac Islands 2 - Antigua payment plan: questions buyers ask
- What is the payment plan for Damac Islands 2 - Antigua?
- Damac Islands 2 - Antigua by Damac is sold on a 20/55/25 plan: 20% on booking, 55% during construction, 25% on handover, as published by the developer.
- How much is the booking amount for Damac Islands 2 - Antigua?
- 20% of the price. On the cheapest unit at AED 3.0M that is AED 598,800.
- How much do I pay before I get the keys to Damac Islands 2 - Antigua?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 3.0M that is AED 3.0M by handover in Q4 2030.
- Does Damac Islands 2 - Antigua have a post-handover payment plan?
- No. The published plan completes at handover in Q4 2030.
- What are the registration fees on Damac Islands 2 - Antigua?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 3.0M that is AED 119,760. 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 Islands 2 - Antigua?
- Damac publishes Q4 2030, which is 51 months from now.
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AED 3.0M
handover Q4 2030