Damac · Damac Islands · handover Q4 2029
Damac Islands - Fiji 1 payment plan, price and handover
Damac Islands - Fiji 1 by Damac in Damac Islands, Dubai is sold on a 20/55/25 payment plan. On the cheapest unit, starting from AED 2.89M, that is AED 2.89M (100%) paid by handover in Q4 2029. Handover is 37 months away.
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The Damac Islands - Fiji 1 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 (4 BR, 2,208 sqft, AED 2.89M)
| On booking | AED 578,000 |
| During Construction | AED 1,589,500 |
| On completion | AED 722,500 |
| Total (100%) | AED 2,890,000 |
| Months to handover | 37 |
Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 2,890,000. Registration and other fees are not included.
The Damac Islands - Fiji 1 instalment schedule, line by line
Every instalment Damac publishes for Damac Islands - Fiji 1, in order, with the charges listed alongside the plan.
Payment plan
Published by Damac
| Stage | Instalment | Share | On AED 2,890,000 |
|---|---|---|---|
| On booking20% | On booking | 20% | AED 578,000 |
| During Construction55% | 3rd month installment | 1% | AED 28,900 |
| 4th month installment | 1% | AED 28,900 | |
| 5th month installment | 1% | AED 28,900 | |
| 6th month installment | 1% | AED 28,900 | |
| 7th month installment | 1% | AED 28,900 | |
| 8th month installment | 6% | AED 173,400 | |
| 9th month installment | 1% | AED 28,900 | |
| 10th month installment | 1% | AED 28,900 | |
| 11th month installment | 1% | AED 28,900 | |
| 12th month installment | 1% | AED 28,900 | |
| 13th month installment | 1% | AED 28,900 | |
| 14th month installment | 6% | AED 173,400 | |
| 15th month installment | 1% | AED 28,900 | |
| 16th month installment | 1% | AED 28,900 | |
| 17th month installment | 1% | AED 28,900 | |
| 18th month installment | 1% | AED 28,900 | |
| 19th month installment | 6% | AED 173,400 | |
| 20th month installment | 1% | AED 28,900 | |
| 21st month installment | 1% | AED 28,900 | |
| 22nd month installment | 1% | AED 28,900 | |
| 23rd month installment | 1% | AED 28,900 | |
| 24th month installment | 6% | AED 173,400 | |
| 25th month installment | 1% | AED 28,900 | |
| 26th month installment | 1% | AED 28,900 | |
| 27th month installment | 1% | AED 28,900 | |
| 28th month installment | 1% | AED 28,900 | |
| 29th month installment | 1% | AED 28,900 | |
| 30th month installment | 4% | AED 115,600 | |
| 31st month installment | 1% | AED 28,900 | |
| 32nd month installment | 1% | AED 28,900 | |
| 33rd month installment | 1% | AED 28,900 | |
| 34th month installment | 1% | AED 28,900 | |
| On completion25% | On completion | 25% | AED 722,500 |
| Total of the plan | 100% | AED 2,890,000 | |
Instalments and charges as published by Damac; the dirham column applies each percentage to the published starting price of AED 2,890,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Damac Islands - Fiji 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 completion (25%) |
|---|---|---|---|---|
| 4 bedfrom 2,208 sq ft | AED 2,890,000 | AED 578,000 | AED 1,589,500 | AED 722,500 |
| 5 bedfrom 3,178 sq ft | AED 3,930,000 | AED 786,000 | AED 2,161,500 | AED 982,500 |
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 - Fiji 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 2,890,000 | AED 115,600 |
| 5 bed | AED 3,930,000 | AED 157,200 |
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 Islands - Fiji 1
Damac Islands - Fiji 1 payment plan: questions buyers ask
- What is the payment plan for Damac Islands - Fiji 1?
- Damac Islands - Fiji 1 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 - Fiji 1?
- 20% of the price. On the cheapest unit at AED 2.89M that is AED 578,000.
- How much do I pay before I get the keys to Damac Islands - Fiji 1?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.89M that is AED 2.89M by handover in Q4 2029.
- Does Damac Islands - Fiji 1 have a post-handover payment plan?
- No. The published plan completes at handover in Q4 2029. If you sell before handover, this is how it works.
- What are the registration fees on Damac Islands - Fiji 1?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.89M that is AED 115,600. 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 - Fiji 1?
- Damac publishes Q4 2029, which is 37 months from now.
Payment plans in Damac Islands
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- Damac Islands 2 - Antigua payment plan
- Damac Islands 2 - Cuba payment plan
- Damac Islands 2 - Tahiti 1 payment plan
Damac payment plans
Other Damac payment plans
starting from
AED 2.89M
handover Q4 2029