What is the payment plan for Damac Lagoons Views Phase 2?

Damac Lagoons Views Phase 2 by Damac is sold on a 5/55/40 plan: 5% on booking, 55% during construction, 40% on completion, as published by the developer.

How much is the booking amount for Damac Lagoons Views Phase 2?

5% of the price. On the cheapest unit at AED 2.44M that is AED 121,700.

How much do I pay before I get the keys to Damac Lagoons Views Phase 2?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.44M that is AED 2.44M by handover in Q4 2027.

Does Damac Lagoons Views Phase 2 have a post-handover payment plan?

No. The published plan completes at handover in Q4 2027.

What are the registration fees on Damac Lagoons Views Phase 2?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.44M that is AED 97,360. 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 Lagoons Views Phase 2?

Damac publishes Q4 2027, which is 13 months from now.

Damac · Damac Lagoons · handover Q4 2027

Damac Lagoons Views Phase 2 payment plan, price and handover

Damac Lagoons Views Phase 2 by Damac in Damac Lagoons, Dubai is sold on a 5/55/40 payment plan. On the cheapest unit, starting from AED 2.44M, that is AED 2.44M (100%) paid by handover in Q4 2027. Handover is 13 months away.

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The Damac Lagoons Views Phase 2 payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	5%
During Construction	55%
On completion	40%

On the cheapest unit (2 BR, 1,512 sqft, AED 2.44M)

On booking	AED 121,700
During Construction	AED 1,338,700
On completion	AED 973,600
Total (100%)	AED 2,434,000
Months to handover	13

Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 2,434,000. Registration and other fees are not included.

The Damac Lagoons Views Phase 2 instalment schedule, line by line

Every instalment Damac publishes for Damac Lagoons Views Phase 2, in order, with the charges listed alongside the plan.

Payment plan

Published by Damac

Stage	Instalment	Share	On AED 2,434,000
On booking5%	On booking	5%	AED 121,700
	OQOOD fee	fixed	AED 1,000
	DLD fee	4%	AED 97,360
During Construction55%	1st month installment	10%	AED 243,400
	3rd month installment	5%	AED 121,700
	4th month installment	10%	AED 243,400
	5th month installment	10%	AED 243,400
	6th month installment	10%	AED 243,400
	7th month installment	10%	AED 243,400
On completion40%	On completion	40%	AED 973,600
Total of the plan		100%	AED 2,434,000

Lines marked fee (OQOOD 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 2,434,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Damac Lagoons Views Phase 2

The same plan, applied to the starting price Damac publishes for each size in the building.

Unit	From	On booking (5%)	During Construction (55%)	On completion (40%)
2 bedfrom 1,512 sq ft	AED 2,434,000	AED 121,700	AED 1,338,700	AED 973,600

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 Lagoons Views Phase 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%
2 bed	AED 2,434,000	AED 97,360

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 Lagoons Views Phase 2

Damac Lagoons Views Phase 2 payment plan: questions buyers ask

What is the payment plan for Damac Lagoons Views Phase 2?: Damac Lagoons Views Phase 2 by Damac is sold on a 5/55/40 plan: 5% on booking, 55% during construction, 40% on completion, as published by the developer.
How much is the booking amount for Damac Lagoons Views Phase 2?: 5% of the price. On the cheapest unit at AED 2.44M that is AED 121,700.
How much do I pay before I get the keys to Damac Lagoons Views Phase 2?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.44M that is AED 2.44M by handover in Q4 2027.
Does Damac Lagoons Views Phase 2 have a post-handover payment plan?: No. The published plan completes at handover in Q4 2027. If you sell before handover, this is how it works.
What are the registration fees on Damac Lagoons Views Phase 2?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.44M that is AED 97,360. 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 Lagoons Views Phase 2?: Damac publishes Q4 2027, which is 13 months from now.