DAMAC Islands

• DAMAC Islands is a large new waterfront master-planned residential community developed by DAMAC Properties.

• The project spans around 42–45 million sq. ft. (different sources quote slightly different numbers) of land and lagoons

• It is designed as a tropical-style “island living” community, with man-made lagoons, beaches, waterfront homes, and resort-like amenities — aiming to give a “holiday-everyday” vibe in Dubai

Standard Payment Plan for DAMAC Islands

• DAMAC Islands generally offers a “75/25” payment plan: 75% of the property price paid during construction, 25% payable on handover.

• The usual payment breakdown:

  • ≈ 20% — Down payment / deposit on booking.

  • ≈ 55% — Paid in instalments during construction (through periodic monthly payments, typically small percentages each month).

  • ≈ 25% — Final payment upon project completion / handover.

• Payment instalments during construction are often structured as 1% per month.