Lagoon Views Phase 2 by Damac Properties in Dubai - Payment Plan
Payment Plan
The payment plan for Damac Lagoon Views Phase 2 is 80/20. This means you must pay 20% of the property price upfront, and the remaining 80% can be paid in installments over 24 months. The table below will help you understand the attractive 80/20 regular payment plan:
80/20 regular payment plan
| Installment | Payment (%) | Milestone |
|---|---|---|
| Down Payment | 20% | On Booking Date |
| 1st to 5th Installment | 5% | Within 7 months (1% monthly) from booking date |
| 6th Installment | 8% | Within 8 months from the booking date |
| 7th to 11th Installment | 5% | Within 13 months (1% monthly) from booking date |
| 12th Installment | 8% | Within 14 months from the booking date |
| 13th to 17th Installment | 5% | Within 19 months (1% monthly) from booking date |
| 18th Installment | 8% | Within 20 months from the booking date |
| 19th to 26th Installment | 8% | Within 28 months (1% monthly) from booking date |
| 27th Installment | 8% | Within 29 months from the booking date |
| 28th to 30th Installment | 3% | Within 32 months (1% monthly) from booking date |
| 31st Installment | 1% | On 80% Completion Milestone |
| 32nd Installment | 1% | On 90% Completion Milestone |
| Final Installment | 20% | On Completion |
