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EZRE

Damac · Damac Riverside · handover Q1 2029

Riverside Views Azure 2 payment plan

Riverside Views Azure 2 by Damac in Damac Riverside, Dubai is sold on a 5/55/40 payment plan. On the cheapest unit, starting from AED 795K, that is AED 795K (100%) paid by handover in Q1 2029. Handover is 30 months away.

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The Riverside Views Azure 2 payment plan in dirhams

Payment plan as published by the developer

StageShare
On Booking5%
During Construction55%
On Handover40%

On the cheapest unit (1 BR, AED 795K)

On BookingAED 39,750
During ConstructionAED 437,250
On HandoverAED 318,000
Total (100%)AED 795,000
Months to handover30

Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 795,000. Registration and other fees are not included.

The Riverside Views Azure 2 instalment schedule, line by line

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

Payment Plan

Published by Damac

StageInstalmentShareOn AED 795,000
On Booking5%On Booking5%AED 39,750
DLD Feefee4%AED 31,800
During Construction55%1 month after booking10%AED 79,500
3 months after booking5%AED 39,750
2% (0.25% per month) From 4 to 11 months after booking2%AED 15,900
12th months after booking11%AED 87,450
1.75% (0.25% per month) From 13 to 19 months after booking1.75%AED 13,913
20th months after booking14%AED 111,300
1.75% (0.25% per month) From 21 to 27 months after booking1.75%AED 13,913
28th months after booking9%AED 71,550
0.5% (0.25% per month) From 29 to 30 months after booking0.5%AED 3,975
On Handoveras published40%AED 318,000
Total of the plan100%AED 795,000

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 795,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Riverside Views Azure 2

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 490 sq ftAED 795,000AED 39,750AED 437,250AED 318,000
1 bedfrom 752 sq ftAED 1,064,000AED 53,200AED 585,200AED 425,600

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 Riverside Views Azure 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.

UnitFromLand Department 4%
StudioAED 795,000AED 31,800
1 bedAED 1,064,000AED 42,560

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 Riverside Views Azure 2

Riverside Views Azure 2 payment plan: questions buyers ask

What is the payment plan for Riverside Views Azure 2?
Riverside Views Azure 2 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 Riverside Views Azure 2?
5% of the price. On the cheapest unit at AED 795K that is AED 39,750.
How much do I pay before I get the keys to Riverside Views Azure 2?
100% of the price, the payment due on handover day included. On the cheapest unit at AED 795K that is AED 795K by handover in Q1 2029.
Does Riverside Views Azure 2 have a post-handover payment plan?
No. The published plan completes at handover in Q1 2029.
What are the registration fees on Riverside Views Azure 2?
The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 795K that is AED 31,800. 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 Riverside Views Azure 2?
Damac publishes Q1 2029, which is 30 months from now.

Payment plans in Damac Riverside

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AED 795K

handover Q1 2029

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