The 70/30 payment plan for Damac Altitude is thoughtfully structured to ease financial flow for buyers. Starting with a 20% down payment at booking, the remaining 50% is spread across construction in monthly installments (often 1–3% per installment), with a final 30% due upon handover. This formula offers flexibility and predictable budgeting leading up to expected completion in Q1 2028.
Installments | Payment (%) | Milestones |
Down Payment | 20% | On Booking Date |
1st–3rd Installment | 3% each (9% total) | Within 5 months from booking |
4th Installment | 4% | In 6th month from booking |
5th–15th Installment | 1% each (11% total) | Over months 7–17 |
16th Installment | 4% | In 18th month |
17th–26th Installment | 1% each (10% total) | Months 19–28 |
27th Installment | 3% | In 29th month |
28th–42nd Installment | 1% each (15% total) | Months 30–44 |
Final Installment | 30% | On Handover / 100% completion |
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