Damac · Damac Riverside · handover Q1 2029
Riverside Views Indigo 1 payment plan, price and handover
Riverside Views Indigo 1 by Damac in Damac Riverside, Dubai is sold on a 5/45/50 payment plan. On the cheapest unit, starting from AED 1.77M, that is AED 1.77M (100%) paid by handover in Q1 2029. Handover is 28 months away.
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The Riverside Views Indigo 1 payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On Booking | 5% |
| During Construction | 45% |
| On handover | 50% |
On the cheapest unit (2 BR, 1,166 sqft, AED 1.77M)
| On Booking | AED 88,100 |
| During Construction | AED 792,900 |
| On handover | AED 881,000 |
| Total (100%) | AED 1,762,000 |
| Months to handover | 28 |
Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 1,762,000. Registration and other fees are not included.
The Riverside Views Indigo 1 instalment schedule, line by line
Damac publishes 2 payment plans for Riverside Views Indigo 1. Each is shown as published, with every instalment and the charges listed alongside it.
Plan 1 of 2: Payment plan 50/50
Published by Damac
| Stage | Instalment | Share | On AED 1,762,000 |
|---|---|---|---|
| On Booking | as published | 5% | AED 88,100 |
| During Construction45% | 1st month Instalment | 5% | AED 88,100 |
| 3rd month Instalment | 5% | AED 88,100 | |
| 4th month Instalment | 0.2% | AED 3,524 | |
| 5th month Instalment | 0.2% | AED 3,524 | |
| 6th month Instalment | 0.2% | AED 3,524 | |
| 7th month Instalment | 0.2% | AED 3,524 | |
| 8th month Instalment | 0.2% | AED 3,524 | |
| 9th month Instalment | 0.2% | AED 3,524 | |
| 10th month Instalment | 0.2% | AED 3,524 | |
| 11th month Instalment | 0.2% | AED 3,524 | |
| 12th month Instalment | 10.4% | AED 183,248 | |
| 13th month Instalment | 0.2% | AED 3,524 | |
| 14th month Instalment | 0.2% | AED 3,524 | |
| 15th month Instalment | 0.2% | AED 3,524 | |
| 16th month Instalment | 0.2% | AED 3,524 | |
| 17th month Instalment | 0.2% | AED 3,524 | |
| 18th month Instalment | 6% | AED 105,720 | |
| 19th month Instalment | 0.2% | AED 3,524 | |
| 20th month Instalment | 0.2% | AED 3,524 | |
| 21st month Instalment | 0.2% | AED 3,524 | |
| 22nd month Instalment | 6% | AED 105,720 | |
| 23rd month Instalment | 0.2% | AED 3,524 | |
| 24th month Instalment | 0.2% | AED 3,524 | |
| 25th month Instalment | 4% | AED 70,480 | |
| 26th month Instalment | 5% | AED 88,100 | |
| On handover | as published | 50% | AED 881,000 |
| Total of the plan | 100% | AED 1,762,000 | |
Plan 2 of 2: Payment plan 60/40
Published by Damac
| Stage | Instalment | Share | On AED 1,762,000 |
|---|---|---|---|
| On booking5% | On booking | 5% | AED 88,100 |
| DLD fee | 4% | AED 70,480 | |
| During Construction55% | 1st monthly Instalment | 10% | AED 176,200 |
| 3rd monthly Instalment | 5% | AED 88,100 | |
| 4th monthly Instalment to 11th monthly Instalment | 8 × 0.25% | AED 4,405 each | |
| 12th monthly Instalment | 12% | AED 211,440 | |
| 13th monthly Instalment to 17th monthly Instalment | 5 × 0.25% | AED 4,405 each | |
| 18th monthly Instalment | 7.5% | AED 132,150 | |
| 19th monthly Instalment to 23rd monthly Instalment | 5 × 0.25% | AED 4,405 each | |
| 24th monthly Instalment | 7.5% | AED 132,150 | |
| 25th monthly Instalment to 26th monthly Instalment | 2 × 0.25% | AED 4,405 each | |
| 27th monthly Instalment | 8% | AED 140,960 | |
| On Handover | as published | 40% | AED 704,800 |
| Total of the plan | 100% | AED 1,762,000 | |
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 1,762,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Riverside Views Indigo 1
The same plan, applied to the starting price Damac publishes for each size in the building.
| Unit | From | On Booking (5%) | During Construction (45%) | On handover (50%) |
|---|---|---|---|---|
| 2 bedfrom 1,166 sq ft | AED 1,762,000 | AED 88,100 | AED 792,900 | AED 881,000 |
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 Indigo 1
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 1,762,000 | AED 70,480 |
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 Riverside Views Indigo 1
Riverside Views Indigo 1 payment plan: questions buyers ask
- What is the payment plan for Riverside Views Indigo 1?
- Riverside Views Indigo 1 by Damac is sold on a 5/45/50 plan: 5% on booking, 45% during construction, 50% on handover, as published by the developer.
- How much is the booking amount for Riverside Views Indigo 1?
- 5% of the price. On the cheapest unit at AED 1.77M that is AED 88,100.
- How much do I pay before I get the keys to Riverside Views Indigo 1?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.77M that is AED 1.77M by handover in Q1 2029.
- Does Riverside Views Indigo 1 have a post-handover payment plan?
- No. The published plan completes at handover in Q1 2029. If you sell before handover, this is how it works.
- What are the registration fees on Riverside Views Indigo 1?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.77M that is AED 70,480. 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 Riverside Views Indigo 1?
- Damac publishes Q1 2029, which is 28 months from now.
Payment plans in Damac Riverside
- Damac Riverside Olive payment plan
- Riverside Views Royal 4 payment plan
- Riverside Views Indigo 2 payment plan
- Riverside Views Capri 2 payment plan
- Riverside Views Royal 1 payment plan
- Riverside Views Royal 2 payment plan
Damac payment plans
Other Damac payment plans
starting from
AED 1.77M
handover Q1 2029