Shoreline by Damac Properties offers flexible payment plans tailored to meet the financial needs of prospective buyers. The payment structure is designed to provide ease and convenience, ensuring that owning a property in this luxurious development is accessible to a wide range of investors. Typically, the payment plan is divided into installments, starting with a down payment followed by a series of milestone payments during construction, and concluding with the final balance upon completion.
Attractive 70/30, 1% Monthly Installments Payment Plan - Launch Payment Plan
Installment | Payment (%) | Milestone |
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Down Payment | 20% | On Booking Date |
1st to 5th Installment | 5% | Within 7 months (1% monthly) from booking date |
6th Installment | 5% | Within 8 months from booking date |
7th to 15th Installment | 9% | Within 17 months (1% monthly) from booking date |
16th Installment | 5% | Within 18 months from booking date |
17th to 40th Installment | 24% | Within 42 months (1% monthly) from booking date |
41st Installment | 1% | On 80% Completion |
42nd Installment | 1% | On 90% Completion |
Final Installment | 30% | On Handover |