Question 1

What is the payment plan for Damac Islands 2 (Phase 2)?

Accepted Answer

Buyers in Damac Islands 2, also known as Damac Islands Phase 2, can choose from flexible developer-backed payment options, typically structured as 75/25, 80/20, or 1% monthly instalment plans. These phased schedules are designed to reduce financial pressure and attract both investors and end-users into the luxury waterfront market.
Standard Payment Breakdown
The most common structure is the 75/25 plan, where 75% of the property value is paid in instalments during construction and the remaining 25% is due on handover. In some clusters, developers also extend 80/20 plans, giving more flexibility in balancing upfront and final costs.
Monthly Installment Options
Certain promotions allow buyers to opt for a 1% monthly payment plan, spreading the cost across manageable instalments. This scheme appeals particularly to salaried professionals and mid-tier investors, offering an accessible pathway into Dubai’s high-value real estate segment.
Why Flexible Payment Plans Matter
For investors, these plans provide cash flow management while securing prime waterfront assets at launch prices. For end-users, they ease the transition into home ownership by reducing upfront burdens. Given that villas and mansions in Phase 2 can exceed AED 18 million, staggered payments make premium homes achievable without immediate full financing.
Comparison with Damac Hills
In Damac Hills, earlier launches also offered 75/25 and 1% monthly structures, which played a key role in making the community successful. By extending similar options in Damac Islands Phase 2, the developer leverages proven strategies to build buyer confidence and accelerate sales momentum.
Long-Term Perspective
Flexible plans not only enhance affordability but also protect buyers, since significant payments are tied to construction milestones. This aligns with Dubai’s real estate regulations and strengthens trust in large-scale projects.

Question 2

What is the minimum down payment for buying property in Dubai?

Accepted Answer

The minimum down payment to buy property in Dubai is 20% of the purchase price for expatriates purchasing properties under AED 5 million, while it rises to 30% for properties above AED 5 million. For UAE nationals, the requirement is lower at 15% for properties under AED 5 million and 25% for higher-value properties.
These figures reflect the Dubai Land Department (DLD) and Central Bank regulations governing loan-to-value (LTV) ratios for mortgages. So what does this mean for buyers? Essentially, your nationality, property value, and whether it’s a first home or investment determine how much you need upfront.
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Down Payment Rules in Dubai

Expatriates: 20% minimum down payment (properties ≤ AED 5M), 30% for higher-value homes.
UAE Nationals: 15% minimum down payment (properties ≤ AED 5M), 25% for higher-value homes.
Off-Plan Purchases: Developers may set structured installment plans, but banks still follow LTV caps if financing is involved.

Other Costs to Consider

4% DLD transfer fee plus admin charges.
Mortgage registration fee: 0.25% of loan value.
Valuation fees (usually AED 2,500–3,500).
Service charges depending on community and property type.

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Why These Rules Matter
The down payment requirements are designed to balance market stability with investor access. For buyers, this ensures you enter with adequate equity, reducing risk. If you’re purchasing for investment, higher down payments for luxury or second homes are meant to encourage sustainable growth in the market.
Speak with our consultants about financing options in Dubai

Question 3

What is Dubai Hills Estate?

Accepted Answer

Dubai Hills Estate by Emaar and Meraas is a flagship master-planned development within Mohammed Bin Rashid City. Covering more than 11 million square metres, it has been designed as a city within a city, bringing together homes, lifestyle amenities, and business infrastructure in one connected destination.
At the heart of the community lies the 18-hole golf course, one of the largest in Dubai, which gives the estate its green and open character. Around this centrepiece, clusters of apartments, villas, and townhouses offer a wide choice of freehold properties to match the needs of families, professionals, and global investors.
Daily life in the community is supported by Dubai Hills Mall, with over 600 retail, dining, and entertainment outlets, along with schools, healthcare centres, mosques, and leisure venues. In addition, kilometres of landscaped parks, cycling tracks, and jogging paths ensure residents can enjoy an active, wellness-oriented lifestyle.
Its location along Al Khail Road ensures fast connectivity to Downtown Dubai, Dubai Marina, and Business Bay, while Dubai International Airport is less than 20 minutes away. This central position makes Dubai Hills Estate both practical and prestigious, appealing to end-users and investors alike.
Aligned with the Dubai 2040 Urban Vision, the estate is set to remain one of the city’s most attractive communities for decades ahead. For buyers and investors, it offers not just property ownership but entry into a lifestyle that blends luxury, convenience, and long-term growth potential.

Question 4

Can visitors access the World Islands in Dubai?

Accepted Answer

Yes, visitors can access the Dubai World Islands by boat or seaplane. Some islands, such as Lebanon Island, are open to the public, while others remain privately owned or are under development.
The World Islands in Dubai is a unique archipelago designed to resemble a map of the world, situated just off the coast of Dubai. For those interested in visiting, transportation options include boats and seaplanes, and it&#8217;s best to check in advance as accessibility to specific islands can vary. While Lebanon Island is open to the public, providing a resort-style experience with its beach clubs and dining options, other islands may offer different experiences based on ownership and development status.
Exploring the Options
So, what does this mean for you as a visitor? If you&#8217;re planning a trip, you&#8217;ll find that currently, only a select few islands are available for public visits. For a more exclusive experience, some islands can be accessed through private rentals or special events. This setup provides a dynamic mix of availability, depending on whether you&#8217;re seeking a public event space or a private getaway.
The Development and Future Prospects
How does this align with Dubai&#8217;s broader vision? The continued development of the World Islands reflects Dubai&#8217;s commitment to innovative, world-class real estate offerings. Although most islands are still untouched expanses of sand, the potential for future development holds promise. Investors and visitors alike can look forward to projects that offer diverse amenities and unique urban experiences that align with Dubai&#8217;s reputation for luxury and innovation.
Overall, while not all islands are currently accessible, the evolving nature of the project means staying informed may reveal exciting new opportunities for visits or investment in this iconic location. Whether you are looking to explore, invest, or simply enjoy a day at the beach, the World Islands offer a slice of Dubai&#8217;s visionary landscape.

What is the payment plan for Damac Islands 2 (Phase 2)?

Standard Payment Breakdown

Monthly Installment Options

Why Flexible Payment Plans Matter

Comparison with Damac Hills

Long-Term Perspective

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