Damac · Damac Islands · handover Q2 2029
Damac Islands - Seychelles 2 payment plan, price and handover
Damac Islands - Seychelles 2 by Damac in Damac Islands, Dubai is sold on a 20/55/25 payment plan. On the cheapest unit, starting from AED 4.08M, that is AED 4.08M (100%) paid by handover in Q2 2029. Handover is 31 months away.
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The Damac Islands - Seychelles 2 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 (5 BR, 3,178 sqft, AED 4.08M)
| On Booking | AED 814,800 |
| During Construction | AED 2,240,700 |
| On Handover | AED 1,018,500 |
| Total (100%) | AED 4,074,000 |
| Months to handover | 31 |
Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 4,074,000. Registration and other fees are not included.
The Damac Islands - Seychelles 2 instalment schedule, line by line
Every instalment Damac publishes for Damac Islands - Seychelles 2, in order, with the charges listed alongside the plan.
Payment Plan 75/25
Published by Damac
| Stage | Instalment | Share | On AED 4,074,000 |
|---|---|---|---|
| On Booking20% | On Booking | 20% | AED 814,800 |
| DLD Fee | 4% | AED 162,960 | |
| During Construction55% | 3rd month installment | 1% | AED 40,740 |
| 4th month installment | 1% | AED 40,740 | |
| 5th month installment | 1% | AED 40,740 | |
| 6th month installment | 1% | AED 40,740 | |
| 7th month installment | 1% | AED 40,740 | |
| 8th month installment | 6% | AED 244,440 | |
| 9th month installment | 1% | AED 40,740 | |
| 10th month installment | 1% | AED 40,740 | |
| 11th month installment | 1% | AED 40,740 | |
| 12th month installment | 1% | AED 40,740 | |
| 13th month installment | 1% | AED 40,740 | |
| 14th month installment | 6% | AED 244,440 | |
| 15th month installment | 1% | AED 40,740 | |
| 16th month installment | 1% | AED 40,740 | |
| 17th month installment | 1% | AED 40,740 | |
| 18th month installment | 1% | AED 40,740 | |
| 19th month installment | 6% | AED 244,440 | |
| 20th month installment | 1% | AED 40,740 | |
| 21st month installment | 1% | AED 40,740 | |
| 22nd month installment | 1% | AED 40,740 | |
| 23rd month installment | 1% | AED 40,740 | |
| 24th month installment | 6% | AED 244,440 | |
| 25th month installment | 1% | AED 40,740 | |
| 26th month installment | 1% | AED 40,740 | |
| 27th month installment | 1% | AED 40,740 | |
| 28th month installment | 1% | AED 40,740 | |
| 29th month installment | 1% | AED 40,740 | |
| 30th month installment | 4% | AED 162,960 | |
| 31st month installment | 1% | AED 40,740 | |
| 32nd month installment | 1% | AED 40,740 | |
| 33rd month installment | 1% | AED 40,740 | |
| 34th month installment | 1% | AED 40,740 | |
| On Handover | as published | 25% | AED 1,018,500 |
| Total of the plan | 100% | AED 4,074,000 | |
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 4,074,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Damac Islands - Seychelles 2
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%) |
|---|---|---|---|---|
| 5 bedfrom 3,178 sq ft | AED 4,074,000 | AED 814,800 | AED 2,240,700 | AED 1,018,500 |
| 5 bedfrom 3,477 sq ft | AED 5,167,000 | AED 1,033,400 | AED 2,841,850 | AED 1,291,750 |
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 - Seychelles 2
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% |
|---|---|---|
| 5 bed | AED 4,074,000 | AED 162,960 |
| 5 bed | AED 5,167,000 | AED 206,680 |
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 - Seychelles 2
Damac Islands - Seychelles 2 payment plan: questions buyers ask
- What is the payment plan for Damac Islands - Seychelles 2?
- Damac Islands - Seychelles 2 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 - Seychelles 2?
- 20% of the price. On the cheapest unit at AED 4.08M that is AED 814,800.
- How much do I pay before I get the keys to Damac Islands - Seychelles 2?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 4.08M that is AED 4.08M by handover in Q2 2029.
- Does Damac Islands - Seychelles 2 have a post-handover payment plan?
- No. The published plan completes at handover in Q2 2029. If you sell before handover, this is how it works.
- What are the registration fees on Damac Islands - Seychelles 2?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 4.08M that is AED 162,960. 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 - Seychelles 2?
- Damac publishes Q2 2029, which is 31 months from now.
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Other Damac payment plans
starting from
AED 4.08M
handover Q2 2029