What is the payment plan for Damac Islands - Maldives 4?

Damac Islands - Maldives 4 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 - Maldives 4?

20% of the price. On the cheapest unit at AED 3.2M that is AED 642,400.

How much do I pay before I get the keys to Damac Islands - Maldives 4?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 3.2M that is AED 3.2M by handover in Q4 2028.

Does Damac Islands - Maldives 4 have a post-handover payment plan?

No. The published plan completes at handover in Q4 2028.

What are the registration fees on Damac Islands - Maldives 4?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 3.2M that is AED 128,480. 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 - Maldives 4?

Damac publishes Q4 2028, which is 27 months from now.

Damac · Damac Islands · handover Q4 2028

Damac Islands - Maldives 4 payment plan

Damac Islands - Maldives 4 by Damac in Damac Islands, Dubai is sold on a 20/55/25 payment plan. On the cheapest unit, starting from AED 3.2M, that is AED 3.2M (100%) paid by handover in Q4 2028. Handover is 27 months away.

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The Damac Islands - Maldives 4 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 (4–5 BR, AED 3.2M)

On booking	AED 642,400
During Construction	AED 1,766,600
On completion	AED 803,000
Total (100%)	AED 3,212,000
Months to handover	27

Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 3,212,000. Registration and other fees are not included.

The Damac Islands - Maldives 4 instalment schedule, line by line

Every instalment Damac publishes for Damac Islands - Maldives 4, in order, with the charges listed alongside the plan.

Payment Plan

Published by Damac

Stage	Instalment	Share	On AED 3,212,000
On booking20%	On booking	20%	AED 642,400
	OQOOD feefee	fixed	AED 1,000
During Construction55%	1% From 3 to 25 months after booking	19%	AED 610,280
	7% in months 8, 14, 19, 24 after booking	28%	AED 899,360
	26 months after booking	8%	AED 256,960
On completion25%	On completion	25%	AED 803,000
Total of the plan		100%	AED 3,212,000

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 3,212,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Damac Islands - Maldives 4

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 3,212,000	AED 642,400	AED 1,766,600	AED 803,000
5 bedfrom 3,178 sq ft	AED 4,263,000	AED 852,600	AED 2,344,650	AED 1,065,750

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 - Maldives 4

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 3,212,000	AED 128,480
5 bed	AED 4,263,000	AED 170,520

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 - Maldives 4

Damac Islands - Maldives 4 payment plan: questions buyers ask

What is the payment plan for Damac Islands - Maldives 4?: Damac Islands - Maldives 4 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 - Maldives 4?: 20% of the price. On the cheapest unit at AED 3.2M that is AED 642,400.
How much do I pay before I get the keys to Damac Islands - Maldives 4?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 3.2M that is AED 3.2M by handover in Q4 2028.
Does Damac Islands - Maldives 4 have a post-handover payment plan?: No. The published plan completes at handover in Q4 2028.
What are the registration fees on Damac Islands - Maldives 4?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 3.2M that is AED 128,480. 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 - Maldives 4?: Damac publishes Q4 2028, which is 27 months from now.