Chic Tower by Damac Properties at Business Bay - Payment Plan
Payment Plan
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 |
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Eplog Offplan is a leading real estate agency incorporated in the United Arab Emirates, headquartered in Business Bay, Dubai. Our mission is to enhance the UAE real estate market by providing unparalleled expertise in off-plan properties and delivering exceptional investment opportunities and personalized experiences to our clients
