What is the payment plan for Damac Riverside Olive?

Damac Riverside Olive 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 Riverside Olive?

20% of the price. On the cheapest unit at AED 4.34M that is AED 867,400.

How much do I pay before I get the keys to Damac Riverside Olive?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 4.34M that is AED 4.34M by handover in Q2 2028.

Does Damac Riverside Olive have a post-handover payment plan?

No. The published plan completes at handover in Q2 2028.

What are the registration fees on Damac Riverside Olive?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 4.34M that is AED 173,480. 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 Riverside Olive?

Damac publishes Q2 2028, which is 19 months from now.

Damac · Damac Riverside · handover Q2 2028

Damac Riverside Olive payment plan, price and handover

Damac Riverside Olive by Damac in Damac Riverside, Dubai is sold on a 20/55/25 payment plan. On the cheapest unit, starting from AED 4.34M, that is AED 4.34M (100%) paid by handover in Q2 2028. Handover is 19 months away.

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The Damac Riverside Olive 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, 3,407 sqft, AED 4.34M)

On Booking	AED 867,400
During Construction	AED 2,385,350
On Handover	AED 1,084,250
Total (100%)	AED 4,337,000
Months to handover	19

Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 4,337,000. Registration and other fees are not included.

The Damac Riverside Olive instalment schedule, line by line

Every instalment Damac publishes for Damac Riverside Olive, in order, with the charges listed alongside the plan.

75/25 Payment Plan

Published by Damac

Stage	Instalment	Share	On AED 4,337,000
On Booking20%	On Booking	20%	AED 867,400
	DLD Fee	4%	AED 173,480
During Construction55%	3rd month installment	1%	AED 43,370
	4th month installment	1%	AED 43,370
	5th month installment	1%	AED 43,370
	6th month installment	1%	AED 43,370
	7th month installment	8%	AED 346,960
	8th month installment	1%	AED 43,370
	9th month installment	1%	AED 43,370
	10th month installment	1%	AED 43,370
	11th month installment	1%	AED 43,370
	12th month installment	1%	AED 43,370
	13th month installment	16%	AED 693,920
	14th month installment	1%	AED 43,370
	15th month installment	1%	AED 43,370
	16th month installment	1%	AED 43,370
	17th month installment	1%	AED 43,370
	18th month installment	17%	AED 737,290
	19th month installment	1%	AED 43,370
On Handover	as published	25%	AED 1,084,250
Total of the plan		100%	AED 4,337,000

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 4,337,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Damac Riverside Olive

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 3,407 sq ft	AED 4,337,000	AED 867,400	AED 2,385,350	AED 1,084,250

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 Riverside Olive

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 4,337,000	AED 173,480

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 Riverside Olive

Damac Riverside Olive payment plan: questions buyers ask

What is the payment plan for Damac Riverside Olive?: Damac Riverside Olive 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 Riverside Olive?: 20% of the price. On the cheapest unit at AED 4.34M that is AED 867,400.
How much do I pay before I get the keys to Damac Riverside Olive?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 4.34M that is AED 4.34M by handover in Q2 2028.
Does Damac Riverside Olive have a post-handover payment plan?: No. The published plan completes at handover in Q2 2028. If you sell before handover, this is how it works.
What are the registration fees on Damac Riverside Olive?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 4.34M that is AED 173,480. 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 Riverside Olive?: Damac publishes Q2 2028, which is 19 months from now.