DAMAC
Motivated
Canal Heights
Business Bay
1 Bedroom736 sqftQ2 2027
Cash at transfer (estimated, with fees and any arrears)
≈ AED 1.4M
AED 1.27M to seller
Remaining plan
AED 784K
Back to deals
DAMAC
Damac Bay 2
Emaar Beachfront1 Bedroom779 sqftFloor LOW
Motivated
0 people watchingRef OD-1054
- View
- Sea, Beach, Lush Greenery
- Handover
- Q4 2028
- Original price
- AED 3,152,000
- Launch price today
- Being assessed
About this unit
Features: Balcony.
Payment plan
Paid to developer
AED 2,237,000
Remaining
AED 915,000
71% paid · Next instalment AED 95,000 on 10 Nov 2026
| Milestone | Amount |
|---|---|
| 10.11.202610 Nov 2026 | AED 95,000 |
| 10.02.202710 Feb 2027 | AED 95,000 |
| 10.05.202710 May 2027 | AED 95,000 |
| 2028— | AED 630,000 |
Your cash timeline
When each payment falls due if a deal is agreed today. The DLD and developer NOC fees are estimates (≈); the instalments are as listed in the payment plan.
AED 95,000 falls due 10 Nov 2026; agree with the seller who pays it.
Transfers usually take 2–5 weeks from the MOU.
Transfer day
Usually between 11 Nov 2026 and 2 Dec 2026, 2–5 weeks after the MOU
≈ AED 1,836,885
- Equity to the seller
- AED 1,670,000
- Fees: ours, DLD and developer NOC (estimated)
- ≈ AED 166,885
Before handover
3 instalments · over the next 26 months
AED 285,000
Instalments without a due date yet
1 instalment
AED 630,000
Total over the deal (estimated)
≈ AED 2,751,885
True cost to you
- Asking price (seller equity)
- AED 1,670,000
- Overdue instalments + late fees: not yet checked with the developer
- —
- Remaining balance to developer
- AED 915,000
- OffplanDistress fee (2%)
- AED 51,700
- VAT on fee (5%)
- AED 2,585
- DLD transfer fee (4%)
- AED 103,400
- DLD registration & trustee fees (est.)
- AED 4,200
- Developer NOC / admin (est.)
- AED 5,000
- Total all-in
- AED 2,751,885
- Cash needed on transfer day (estimated)
- ≈ AED 1,836,885
DLD and developer fees are estimates and are confirmed when the NOC is issued.
Developers ask for overdue instalments and late fees to be cleared before they issue the NOC, so they are paid on transfer day. Who bears them is agreed in the MOU; we confirm the figure with the developer's statement of account first.
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