Damac Altitude Tower in Business Bay offers a straightforward payment plan designed for your convenience:
Down Payment: Start with 20% at booking to secure your apartment or duplex.
During Construction: Pay 55% in 35 easy installments as the tower rises.
On Handover: Settle the remaining 25% when your new home is ready.
Choose from studio, 1, 2 & 3-bedroom apartments, or spacious 2-bedroom duplexes all with a flexible payment plan that keeps it simple.
1- Attractive 75/25, Installments Payment Plan
Installment | Payment (%) | Milestone |
---|
Down Payment | 20% | On Booking Date |
1st to 3rd Installment | 3% | Within 5 months (1% monthly) from booking date |
4th Installment | 6% | Within 6 months from booking date |
5th to 11th Installment | 7% | Within 13 months (1% monthly) from booking date |
12th Installment | 6% | Within 14 months from booking date |
13th to 23rd Installment | 11% | Within 25 months (1% monthly) from booking date |
24th Installment | 6% | Within 26 months from booking date |
25th to 34th Installment | 10% | Within 36 months (1% monthly) from booking date |
35th Installment | 6% | Within 37 months from booking date |
Final Installment | 25% | On Completion |
2- Attractive 60/40, 1% Monthly Installments Payment Plan
Installment | Payment (%) | Milestone |
---|
Down Payment | 20% | On Booking Date |
1st to 3rd Installment | 3% | Within 5 months (1% monthly) from booking date |
4th Installment | 3% | Within 6 months from booking date |
5th to 11th Installment | 7% | Within 13 months (1% monthly) from booking date |
12th Installment | 3% | Within 14 months from booking date |
13th to 23rd Installment | 11% | Within 25 months (1% monthly) from booking date |
24th Installment | 3% | Within 26 months from booking date |
25th to 34th Installment | 10% | Within 36 months (1% monthly) from booking date |
Final Installment | 40% | On Handover |