DAMAC "Mykonos Lagoons" payment plan
A worked 20% + 4% DLD + 1000 AED Oqood / 10% / 15% / 15% / 40% schedule for DAMAC "Mykonos Lagoons" by DAMAC Properties in Damac Lagoons, using a sample price from AED 2,750,000.
| Stage | When | Share | Amount (sample) |
|---|---|---|---|
| Booking / down payment | On reservation | 10% | AED 275,000 |
| Construction 20% | At 20% completion | 12.5% | AED 343,750 |
| Construction 40% | At 40% completion | 12.5% | AED 343,750 |
| Construction 60% | At 60% completion | 12.5% | AED 343,750 |
| Construction 80% | At 80% completion | 12.5% | AED 343,750 |
| On handover | At handover | 40% | AED 1,100,000 |
| Total | 100% | AED 2,750,000 | |
Illustrative only — construction milestones are modelled from the headline plan. Exact schedules, fees (DLD 4%, admin) and any post-handover terms are confirmed on consultation. Prices as of 31 Aug 2026.
Frequently asked questions
What is the payment plan for DAMAC "Mykonos Lagoons"?+
DAMAC "Mykonos Lagoons" by DAMAC Properties offers a 20% + 4% DLD + 1000 AED Oqood / 10% / 15% / 15% / 40% plan: a booking down payment, installments across construction milestones, and a payment on handover.
How much is the down payment for DAMAC "Mykonos Lagoons"?+
On a sample price of AED 2,750,000, the booking down payment of 10% is approximately AED 275,000.
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