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EZRE

Damac · Al Wasl · handover Q4 2029

Damac Safa Gate payment plan

Damac Safa Gate by Damac in Al Wasl, Dubai is sold on a 5/55/40 payment plan. On the cheapest unit, starting from AED 1.2M, that is AED 1.2M (100%) paid by handover in Q4 2029. Handover is 37 months away.

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The Damac Safa Gate payment plan in dirhams

Payment plan as published by the developer

StageShare
On Booking5%
During Construction55%
On Handover40%

On the cheapest unit (Studio–5 BR, AED 1.2M)

On BookingAED 59,200
During ConstructionAED 651,200
On HandoverAED 473,600
Total (100%)AED 1,184,000
Months to handover37

Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 1,184,000. Registration and other fees are not included.

The Damac Safa Gate instalment schedule, line by line

Every instalment Damac publishes for Damac Safa Gate, in order, with the charges listed alongside the plan.

Payment Plan

Published by Damac

StageInstalmentShareOn AED 1,184,000
On Booking5%On Booking5%AED 59,200
DLD Feefee4%AED 47,360
During Construction55%Within 1 month(s) of Sale Date10%AED 118,400
Within 3 month(s) of Sale Date5%AED 59,200
8% From 4 to 11 months after booking (1% per month)8%AED 94,720
Within 12 month(s) of Sale Date5%AED 59,200
11% From 13 to 23 months after booking (1% per month)11%AED 130,240
Within 24 month(s) of Sale Date5%AED 59,200
11% From 25 to 35 months after booking (1% per month)11%AED 130,240
On Handoveras published40%AED 473,600
Total of the plan100%AED 1,184,000

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 1,184,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Damac Safa Gate

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

UnitFromOn Booking (5%)During Construction (55%)On Handover (40%)
Studiofrom 392 sq ftAED 1,184,000AED 59,200AED 651,200AED 473,600
1 bedfrom 705 sq ftAED 2,129,000AED 106,450AED 1,170,950AED 851,600
2 bedfrom 1,060 sq ftAED 2,965,000AED 148,250AED 1,630,750AED 1,186,000
3 bedfrom 3,142 sq ftAED 15,993,000AED 799,650AED 8,796,150AED 6,397,200
5 bedfrom 4,971 sq ftAED 25,341,000AED 1,267,050AED 13,937,550AED 10,136,400

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 Safa Gate

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.

UnitFromLand Department 4%
StudioAED 1,184,000AED 47,360
1 bedAED 2,129,000AED 85,160
2 bedAED 2,965,000AED 118,600
3 bedAED 15,993,000AED 639,720
5 bedAED 25,341,000AED 1,013,640

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 Safa Gate

Damac Safa Gate payment plan: questions buyers ask

What is the payment plan for Damac Safa Gate?
Damac Safa Gate by Damac is sold on a 5/55/40 plan: 5% on booking, 55% during construction, 40% on handover, as published by the developer.
How much is the booking amount for Damac Safa Gate?
5% of the price. On the cheapest unit at AED 1.2M that is AED 59,200.
How much do I pay before I get the keys to Damac Safa Gate?
100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.2M that is AED 1.2M by handover in Q4 2029.
Does Damac Safa Gate have a post-handover payment plan?
No. The published plan completes at handover in Q4 2029.
What are the registration fees on Damac Safa Gate?
The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.2M that is AED 47,360. 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 Safa Gate?
Damac publishes Q4 2029, which is 37 months from now.

Payment plans in Al Wasl

Damac payment plans

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AED 1.2M

handover Q4 2029

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