What is the payment plan for Riverside Views Royal 2?

Riverside Views Royal 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 Royal 2?

5% of the price. On the cheapest unit at AED 1.35M that is AED 67,400.

How much do I pay before I get the keys to Riverside Views Royal 2?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.35M that is AED 1.35M by handover in Q1 2029.

Does Riverside Views Royal 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 Royal 2?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.35M that is AED 53,920. 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 Royal 2?

Damac publishes Q1 2029, which is 28 months from now.

Damac · Damac Riverside · handover Q1 2029

Riverside Views Royal 2 payment plan, price and handover

Riverside Views Royal 2 by Damac in Damac Riverside, Dubai is sold on a 5/55/40 payment plan. On the cheapest unit, starting from AED 1.35M, that is AED 1.35M (100%) paid by handover in Q1 2029. Handover is 28 months away.

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The Riverside Views Royal 2 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 (1 BR, 798 sqft, AED 1.35M)

On Booking	AED 67,400
During Construction	AED 741,400
On Handover	AED 539,200
Total (100%)	AED 1,348,000
Months to handover	28

Percentages as published by Damac. Dirham figures are those percentages applied to the published starting price of AED 1,348,000. Registration and other fees are not included.

The Riverside Views Royal 2 instalment schedule, line by line

Damac publishes 2 payment plans for Riverside Views Royal 2. Each is shown as published, with every instalment and the charges listed alongside it.

Plan 1 of 2: Payment Plan

Published by Damac

Stage	Instalment	Share	On AED 1,348,000
On Booking5%	On Booking	5%	AED 67,400
	DLD Fee	4%	AED 53,920
During Construction55%	1 month after booking	10%	AED 134,800
	3 months after booking	5%	AED 67,400
	2% (0.25% per month) From 4 to 11 months after booking	2%	AED 26,960
	12th months after booking	11%	AED 148,280
	1.75% (0.25% per month) From 13 to 19 months after booking	1.75%	AED 23,590
	20th months after booking	14%	AED 188,720
	1.75% (0.25% per month) From 21 to 27 months after booking	1.75%	AED 23,590
	28th months after booking	9%	AED 121,320
	0.5% (0.25% per month) From 29 to 30 months after booking	0.5%	AED 6,740
On Handover	as published	40%	AED 539,200
Total of the plan		100%	AED 1,348,000

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.

Plan 2 of 2: Payment plan 50/50

Published by Damac

Stage	Instalment	Share	On AED 1,348,000
On Booking5%	On Booking	5%	AED 67,400
	DLD fee	4%	AED 53,920
During Construction45%	1st monthly Instalment to 3rd monthly Instalment	2 × 5%	AED 67,400 each
	4th monthly Instalment to 11th monthly Instalment	8 × 0.2%	AED 2,696 each
	12th monthly Instalment	10.4%	AED 140,192
	13th monthly Instalment to 17th monthly Instalment	5 × 0.2%	AED 2,696 each
	18th monthly Instalment	6%	AED 80,880
	19th monthly Instalment to 21st monthly Instalment	3 × 0.2%	AED 2,696 each
	22nd monthly Instalment	6%	AED 80,880
	23rd monthly Instalment to 24th monthly Instalment	2 × 0.2%	AED 2,696 each
	25th monthly Instalment	4%	AED 53,920
	26th monthly Instalment	5%	AED 67,400
On Handover	as published	50%	AED 674,000
Total of the plan		100%	AED 1,348,000

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 1,348,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Riverside Views Royal 2

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%)
1 bedfrom 798 sq ft	AED 1,348,000	AED 67,400	AED 741,400	AED 539,200
2 bedfrom 1,098 sq ft	AED 1,863,000	AED 93,150	AED 1,024,650	AED 745,200

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 Royal 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.

Unit	From	Land Department 4%
1 bed	AED 1,348,000	AED 53,920
2 bed	AED 1,863,000	AED 74,520

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 Royal 2

Riverside Views Royal 2 payment plan: questions buyers ask

What is the payment plan for Riverside Views Royal 2?: Riverside Views Royal 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 Royal 2?: 5% of the price. On the cheapest unit at AED 1.35M that is AED 67,400.
How much do I pay before I get the keys to Riverside Views Royal 2?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.35M that is AED 1.35M by handover in Q1 2029.
Does Riverside Views Royal 2 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 Royal 2?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.35M that is AED 53,920. 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 Royal 2?: Damac publishes Q1 2029, which is 28 months from now.