Violet Phase 4 by Damac Properties features a pleasant and flexible payment plan made to meet a wide range of financial preferences. This payment configuration aims to give comfort and convenience, allowing purchasers to invest in their ideal house without incurring undue expense. Whether you're a first-time consumer or a seasoned investor, the plan makes buying a luxury apartment in one of Dubai's most desirable communities a reality, making the investing process simple and accessible.
Installment | Payment(%) | Milestones |
---|---|---|
Down Payment | 20% | On Booking Date |
1st to 5th Installment | 05% | Within 7 months (1% monthly) from booking date |
6th Installment | 05% | Within 8 months from booking date |
7th to 11th Installment | 05% | Within 13 months (1% monthly) from booking date |
12th Installment | 05% | Within 14 months from booking date |
13th to 17th Installment | 05% | Within 19 months (1% monthly) from booking date |
18th Installment | 05% | Within 20 months from booking date |
19th to 24th Installment | 06% | Within 26 months (1% monthly) from booking date |
25th Installment | 02% | On 80% Completion |
26th Installment | 02% | On 90% Completion |
Final Installment | 40% | On Handover |