18% below original price
DAMAC
Motivated seller
Damac Bay 2
Emaar Beachfront
1 Bedroom779 sqftQ4 2028
Cash at transfer (estimated, with fees and any arrears)
≈ AED 1.84M
AED 1.67M to seller
Remaining plan
AED 915K
Back to deals
14% below original price
DAMAC
DAMAC Islands - Bali 3
DAMAC IslandsTownhouse3,178 sqft
Urgent exit
0 people watchingRef OD-1101
- View
- Corner plot
- Handover
- Q4 2028
- Original price
- AED 3,387,000
- Launch price today
- Being assessed
About this unit
5-bedroom townhouse with maid's room (type DITH-E) on a corner, back-to-back plot in Bali 3, DAMAC Islands: 3,178 sq ft built up on a 2,364 sq ft plot. Ground floor with living and dining room, kitchen, a bedroom, laundry and a covered car port opening onto a garden and patio; first floor with the master bedroom and balcony plus two bedrooms and a terrace; roof floor with an extra bedroom, the maid's room and a roof terrace. Figures from the developer's statement of account (18 September 2026): AED 1,216,100 paid towards the AED 3,387,000 price; the instalments from July to October 2026 (AED 240,310) are outstanding and shown in the plan; then 1% a month with 5% every sixth month to October 2028 and 25% on completion (December 2028). Selling at AED 2.9 million all in: AED 729,100 to the owner for the equity, and the buyer takes over the remaining AED 2,170,900 of the plan.
Payment plan
Paid to developer
AED 1,216,100
Remaining
AED 2,170,900
36% paid · Next instalment AED 33,870 on 5 Nov 2026
| Milestone | Amount |
|---|---|
| 12th instalment (balance)5 Jul 2026 | AED 138,700 |
| 05-AUG-20265 Aug 2026 | AED 33,870 |
| 05-SEP-20265 Sept 2026 | AED 33,870 |
| 05-OCT-20265 Oct 2026 | AED 33,870 |
| 05-NOV-20265 Nov 2026 | AED 33,870 |
| 05-DEC-20265 Dec 2026 | AED 33,870 |
| 05-JAN-20275 Jan 2027 | AED 169,350 |
| 05-FEB-20275 Feb 2027 | AED 33,870 |
| 05-MAR-20275 Mar 2027 | AED 33,870 |
| 05-APR-20275 Apr 2027 | AED 33,870 |
| 05-MAY-20275 May 2027 | AED 33,870 |
| 05-JUN-20275 Jun 2027 | AED 33,870 |
| 05-JUL-20275 Jul 2027 | AED 169,350 |
| 05-AUG-20275 Aug 2027 | AED 33,870 |
| 05-SEP-20275 Sept 2027 | AED 33,870 |
| 05-OCT-20275 Oct 2027 | AED 33,870 |
| 05-NOV-20275 Nov 2027 | AED 33,870 |
| 05-DEC-20275 Dec 2027 | AED 33,870 |
| 05-JAN-20285 Jan 2028 | AED 33,870 |
| 05-FEB-20285 Feb 2028 | AED 33,870 |
| 05-MAR-20285 Mar 2028 | AED 33,870 |
| 05-APR-20285 Apr 2028 | AED 33,870 |
| 05-MAY-20285 May 2028 | AED 33,870 |
| 05-JUN-20285 Jun 2028 | AED 33,870 |
| 05-JUL-20285 Jul 2028 | AED 33,870 |
| 05-AUG-20285 Aug 2028 | AED 33,870 |
| 05-SEP-20285 Sept 2028 | AED 33,870 |
| 05-OCT-20285 Oct 2028 | AED 33,870 |
| On Completion— | AED 846,750 |
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 33,870 falls due 5 Nov 2026; agree with the seller who pays it.
Transfers usually take 2–5 weeks from the MOU.
Transfer day
Usually between 16 Nov 2026 and 7 Dec 2026, 2–5 weeks after the MOU
≈ AED 915,200
- Equity to the seller
- AED 729,100
- Fees: ours, DLD and developer NOC (estimated)
- ≈ AED 186,100
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 240,310
Before handover
24 instalments · over the next 26 months
AED 1,083,840
At handover
Q4 2028
AED 846,750
Can be financed with a handover mortgage
Total over the deal (estimated)
≈ AED 3,086,100
True cost to you
- Asking price (seller equity)
- AED 729,100
- Overdue instalments + late fees: not yet checked with the developer
- —
- Remaining balance to developer
- AED 2,170,900
- OffplanDistress fee (2%)
- AED 58,000
- VAT on fee (5%)
- AED 2,900
- DLD transfer fee (4%)
- AED 116,000
- DLD registration & trustee fees (est.)
- AED 4,200
- Developer NOC / admin (est.)
- AED 5,000
- Total all-in
- AED 3,086,100
- Cash needed on transfer day (estimated)
- ≈ AED 915,200
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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