Damac · Al Wasl · handover Q4 2029
Damac Safa Gate payment plan, price and handover
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 1.19M, that is AED 1.19M (100%) paid by handover in Q4 2029. Handover is 35 months away.
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The Damac Safa Gate payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On Booking | 5% |
| During Construction | 55% |
| On Handover | 40% |
On the cheapest unit (Studio, 392 sqft, AED 1.19M)
| On Booking | AED 59,200 |
| During Construction | AED 651,200 |
| On Handover | AED 473,600 |
| Total (100%) | AED 1,184,000 |
| Months to handover | 35 |
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
| Stage | Instalment | Share | On AED 1,184,000 |
|---|---|---|---|
| On Booking5% | On Booking | 5% | AED 59,200 |
| DLD Fee | 4% | AED 47,360 | |
| During Construction55% | 1st month installment | 10% | AED 118,400 |
| 3rd month installment | 5% | AED 59,200 | |
| 4th month installment | 1% | AED 11,840 | |
| 5th month installment | 1% | AED 11,840 | |
| 6th month installment | 1% | AED 11,840 | |
| 7th month installment | 1% | AED 11,840 | |
| 8th month installment | 1% | AED 11,840 | |
| 9th month installment | 1% | AED 11,840 | |
| 10th month installment | 1% | AED 11,840 | |
| 11th month installment | 1% | AED 11,840 | |
| 12th month installment | 5% | AED 59,200 | |
| 13th month installment | 1% | AED 11,840 | |
| 14th month installment | 1% | AED 11,840 | |
| 15th month installment | 1% | AED 11,840 | |
| 16th month installment | 1% | AED 11,840 | |
| 17th month installment | 1% | AED 11,840 | |
| 18th month installment | 1% | AED 11,840 | |
| 19th month installment | 1% | AED 11,840 | |
| 20th month installment | 1% | AED 11,840 | |
| 21st month installment | 1% | AED 11,840 | |
| 22nd month installment | 1% | AED 11,840 | |
| 23rd month installment | 1% | AED 11,840 | |
| 24th month installment | 5% | AED 59,200 | |
| 25th month installment | 1% | AED 11,840 | |
| 26th month installment | 1% | AED 11,840 | |
| 27th month installment | 1% | AED 11,840 | |
| 28th month installment | 1% | AED 11,840 | |
| 29th month installment | 1% | AED 11,840 | |
| 30th month installment | 1% | AED 11,840 | |
| 31st month installment | 1% | AED 11,840 | |
| 32nd month installment | 1% | AED 11,840 | |
| 33rd month installment | 1% | AED 11,840 | |
| 34th month installment | 1% | AED 11,840 | |
| 35th month installment | 1% | AED 11,840 | |
| On Handover | as published | 40% | AED 473,600 |
| Total of the plan | 100% | 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.
| Unit | From | On Booking (5%) | During Construction (55%) | On Handover (40%) |
|---|---|---|---|---|
| Studiofrom 392 sq ft | AED 1,184,000 | AED 59,200 | AED 651,200 | AED 473,600 |
| 1 bedfrom 705 sq ft | AED 2,129,000 | AED 106,450 | AED 1,170,950 | AED 851,600 |
| 2 bedfrom 1,060 sq ft | AED 2,965,000 | AED 148,250 | AED 1,630,750 | AED 1,186,000 |
| 3 bedfrom 3,142 sq ft | AED 15,993,000 | AED 799,650 | AED 8,796,150 | AED 6,397,200 |
| 5 bedfrom 4,971 sq ft | AED 25,341,000 | AED 1,267,050 | AED 13,937,550 | AED 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.
| Unit | From | Land Department 4% |
|---|---|---|
| Studio | AED 1,184,000 | AED 47,360 |
| 1 bed | AED 2,129,000 | AED 85,160 |
| 2 bed | AED 2,965,000 | AED 118,600 |
| 3 bed | AED 15,993,000 | AED 639,720 |
| 5 bed | AED 25,341,000 | AED 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 1.19M 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 1.19M that is AED 1.19M 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. If you sell before handover, this is how it works.
- 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 1.19M 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 35 months from now.
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Damac payment plans
Other Damac payment plans
starting from
AED 1.19M
handover Q4 2029