Damac · Damac Islands · handover Q4 2028
Damac Islands - Bora Bora 1 payment plan
Damac Islands - Bora Bora 1 by Damac in Damac Islands, Dubai is sold on a 20/55/25 payment plan. On the cheapest unit, starting from AED 2.9M, that is AED 2.9M (100%) paid by handover in Q4 2028. Handover is 27 months away.
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The Damac Islands - Bora Bora 1 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 2.9M)
| On booking | AED 589,600 |
| During Construction | AED 1,621,400 |
| On Handover | AED 737,000 |
| Total (100%) | AED 2,948,000 |
| Months to handover | 27 |
Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 2,948,000. Registration and other fees are not included.
The Damac Islands - Bora Bora 1 instalment schedule, line by line
Every instalment Damac publishes for Damac Islands - Bora Bora 1, in order, with the charges listed alongside the plan.
Payment plan
Published by Damac
| Stage | Instalment | Share | On AED 2,948,000 |
|---|---|---|---|
| On booking20% | On booking | 20% | AED 589,600 |
| OQOOD feefee | fixed | AED 1,000 | |
| During Construction55% | Within 3 months of Sale Date | 1% | AED 29,480 |
| Within 4 months of Sale Date | 1% | AED 29,480 | |
| Within 5 months of Sale Date | 1% | AED 29,480 | |
| Within 6 months of Sale Date | 1% | AED 29,480 | |
| Within 7 months of Sale Date | 1% | AED 29,480 | |
| Within 8 months of Sale Date | 7% | AED 206,360 | |
| Within 9 months of Sale Date | 1% | AED 29,480 | |
| Within 10 months of Sale Date | 1% | AED 29,480 | |
| Within 11 months of Sale Date | 1% | AED 29,480 | |
| Within 12 months of Sale Date | 1% | AED 29,480 | |
| Within 13 months of Sale Date | 1% | AED 29,480 | |
| Within 14 months of Sale Date | 7% | AED 206,360 | |
| Within 15 months of Sale Date | 1% | AED 29,480 | |
| Within 16 months of Sale Date | 1% | AED 29,480 | |
| Within 17 months of Sale Date | 1% | AED 29,480 | |
| Within 18 months of Sale Date | 1% | AED 29,480 | |
| Within 19 months of Sale Date | 7% | AED 206,360 | |
| Within 20 months of Sale Date | 1% | AED 29,480 | |
| Within 21 months of Sale Date | 1% | AED 29,480 | |
| Within 22 months of Sale Date | 1% | AED 29,480 | |
| Within 23 months of Sale Date | 1% | AED 29,480 | |
| Within 24 months of Sale Date | 7% | AED 206,360 | |
| Within 25 months of Sale Date | 1% | AED 29,480 | |
| Within 26 months of Sale Date | 8% | AED 235,840 | |
| On Handover25% | On Handover | 25% | AED 737,000 |
| Total of the plan | 100% | AED 2,948,000 | |
Lines marked 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.
Instalments and charges as published by Damac; the dirham column applies each percentage to the published starting price of AED 2,948,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Damac Islands - Bora Bora 1
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 2,208 sq ft | AED 2,948,000 | AED 589,600 | AED 1,621,400 | AED 737,000 |
| 5 bedfrom 3,178 sq ft | AED 3,935,000 | AED 787,000 | AED 2,164,250 | AED 983,750 |
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 - Bora Bora 1
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 2,948,000 | AED 117,920 |
| 5 bed | AED 3,935,000 | AED 157,400 |
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 - Bora Bora 1
Damac Islands - Bora Bora 1 payment plan: questions buyers ask
- What is the payment plan for Damac Islands - Bora Bora 1?
- Damac Islands - Bora Bora 1 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 - Bora Bora 1?
- 20% of the price. On the cheapest unit at AED 2.9M that is AED 589,600.
- How much do I pay before I get the keys to Damac Islands - Bora Bora 1?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.9M that is AED 2.9M by handover in Q4 2028.
- Does Damac Islands - Bora Bora 1 have a post-handover payment plan?
- No. The published plan completes at handover in Q4 2028.
- What are the registration fees on Damac Islands - Bora Bora 1?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.9M that is AED 117,920. 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 - Bora Bora 1?
- Damac publishes Q4 2028, which is 27 months from now.
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AED 2.9M
handover Q4 2028