Chelsea Residences by DAMAC offers a highly appealing 60/40 post-handover payment plan, providing investors and homeowners with greater financial flexibility. Under this scheme, 60% of the property value is payable during the construction phase through staggered installments, while the remaining 40% is settled upon handover. This plan is ideal for both end-users and investors looking to secure a waterfront luxury property while optimizing cash flow and capital management.
Installments | Payment (%) | Milestones |
Booking Amount | 20% | On Booking |
1st Installment | 10% | Within 3 months of booking |
2nd Installment | 10% | Within 6 months of booking |
3rd Installment | 10% | On 40% Construction Completion |
4th Installment | 10% | On 60% Construction Completion |
Final Installment | 40% | On Handover (Expected Q4 2027) |
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