What is the payment plan for Damac Islands 2 - Mauritius?

Damac Islands 2 - Mauritius by Damac is sold on a 20/55/25 plan: 20% on booking, 55% during construction, 25% on completion, as published by the developer.

How much is the booking amount for Damac Islands 2 - Mauritius?

20% of the price. On the cheapest unit at AED 2.994M that is AED 598,800.

How much do I pay before I get the keys to Damac Islands 2 - Mauritius?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.994M that is AED 2.994M by handover in Q2 2030.

Does Damac Islands 2 - Mauritius have a post-handover payment plan?

No. The published plan completes at handover in Q2 2030. If you sell before handover, this is how it works.

What are the registration fees on Damac Islands 2 - Mauritius?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.994M 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 - Mauritius?

Damac publishes Q2 2030, which is 44 months from now.

Damac · Damac Islands · handover Q2 2030

Damac Islands 2 - Mauritius payment plan, price and handover

Damac Islands 2 - Mauritius by Damac in Damac Islands, Dubai is sold on a 20/55/25 payment plan. On the cheapest unit, starting from AED 2.994M, that is AED 2.994M (100%) paid by handover in Q2 2030. Handover is 44 months away.

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The Damac Islands 2 - Mauritius payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	20%
During construction	55%
On completion	25%

On the cheapest unit (entry unit, AED 2.994M)

On booking	AED 598,800
During construction	AED 1,646,700
On completion	AED 748,500
Total (100%)	AED 2,994,000
Months to handover	44

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 - Mauritius instalment schedule, line by line

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

Payment Plan (4% DLD Waiver)

Published by Damac

Stage	Instalment	Share	On AED 2,994,000
On booking20%	On booking	20%	AED 598,800
During construction55%	1st Instalment to 55th Instalment	55 × 1%	AED 29,940 each
On completion25%	On completion	25%	AED 748,500
Total of the plan		100%	AED 2,994,000

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 it costs to register Damac Islands 2 - Mauritius

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%
Entry unit	AED 2,994,000	AED 119,760

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 - Mauritius

Damac Islands 2 - Mauritius payment plan: questions buyers ask

What is the payment plan for Damac Islands 2 - Mauritius?: Damac Islands 2 - Mauritius by Damac is sold on a 20/55/25 plan: 20% on booking, 55% during construction, 25% on completion, as published by the developer.
How much is the booking amount for Damac Islands 2 - Mauritius?: 20% of the price. On the cheapest unit at AED 2.994M that is AED 598,800.
How much do I pay before I get the keys to Damac Islands 2 - Mauritius?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.994M that is AED 2.994M by handover in Q2 2030.
Does Damac Islands 2 - Mauritius have a post-handover payment plan?: No. The published plan completes at handover in Q2 2030. If you sell before handover, this is how it works.
What are the registration fees on Damac Islands 2 - Mauritius?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.994M 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 - Mauritius?: Damac publishes Q2 2030, which is 44 months from now.