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Chic Tower by Damac Properties at Business Bay

Chic Tower by Damac Properties at Business Bay - Payment Plan

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Payment Plan

Starting From

AED 823,000

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

InstallmentPayment (%)Milestone
Down Payment20%On Booking Date
1st Installment6%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 Installment4%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

InstallmentPayment (%)Milestone
Down Payment 20%On Purchase Date
1st to 4th Installment12%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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