Damac Chic Tower offers a straightforward payment plan designed to make buying your dream home easy and affordable:
Down Payment: Start with just 20% at booking.
During Construction: Pay 60% in 11 flexible installments as the tower takes shape.
On Handover: Complete your payment with the remaining 20% when your apartment is ready.
With this simple plan, owning a stylish apartments and villas in Damac Chic Tower is within your reach.
Option-1 Attractive 80/20, Installments Payment Plan
| Installment | Payment (%) | Milestone |
|---|
| Down Payment | 20% | On Booking Date |
| 1st Installment | 6% | Within 3 months from booking date |
| 2nd Installment | 6% | Within 6 months from booking date |
| 3rd Installment | 6% | Within 9 months from booking date |
| 4th Installment | 6% | Within 12 months from booking date |
| 5th Installment | 6% | Within 15 months from booking date |
| 6th Installment | 6% | Within 18 months from booking date |
| 7th Installment | 6% | Within 21 months from booking date |
| 8th Installment | 6% | Within 24 months from booking date |
| 9th Installment | 4% | On 70% of Project Completion |
| 10th Installment | 4% | On 80% of Project Completion |
| 11th Installment | 4% | On 90% of Project Completion |
| Final Installment | 20% | On Completion |
Option-2 Attractive Installments Payment Plan
| Installment | Payment (%) | Milestone |
|---|
| Down Payment | 20% | On Purchase Date |
| 1st to 4th Installment | 12% | Within 12 months from booking date (3% quarterly) |
| 5th to 6th Installment | 8% | Within 18 months from booking date (4% quarterly) |
| 7th to 10th Installment | 20% | Within 30 months from booking date (5% quarterly) |
| Final Installment | 40% | On Completion |
