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
Omniyat
Vela Viento
Business Bay2 Bedrooms2,852 sqftFloor 10-15
Motivated
0 people watchingRef OD-1093
- View
- Burj Khalifa, Canal
- Handover
- TBC
- Original price
- AED 18,968,675
- Launch price today
- Being assessed
About this unit
Features: Balcony.
Payment plan
Paid to developer
AED 8,905,090
Remaining
AED 10,063,585
47% paid · Next instalment AED 9,148,714 on 31 Mar 2028
| Milestone | Amount |
|---|---|
| 20.10.202620 Oct 2026 | AED 914,871 |
| On Completion (31.03.2028)31 Mar 2028 | AED 9,148,714 |
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.
Transfer day
Usually between 11 Nov 2026 and 2 Dec 2026, 2–5 weeks after the MOU
≈ AED 7,239,915
- Equity to the seller
- AED 6,236,415
- Fees: ours, DLD and developer NOC (estimated)
- ≈ AED 1,003,500
Instalments dated before today
Paid since, or overdue and then paid on transfer day. We check the developer's statement of account before the MOU.
AED 914,871
At handover
TBC
AED 9,148,714
Can be financed with a handover mortgage
Total over the deal (estimated)
≈ AED 17,303,500
True cost to you
- Asking price (seller equity)
- AED 6,236,415
- Overdue instalments + late fees: not yet checked with the developer
- —
- Remaining balance to developer
- AED 10,063,585
- OffplanDistress fee (2%)
- AED 326,000
- VAT on fee (5%)
- AED 16,300
- DLD transfer fee (4%)
- AED 652,000
- DLD registration & trustee fees (est.)
- AED 4,200
- Developer NOC / admin (est.)
- AED 5,000
- Total all-in
- AED 17,303,500
- Cash needed on transfer day (estimated)
- ≈ AED 7,239,915
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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