Damac Riverside has become the center of attraction for families and investors. This development project offers spacious and modern-designed 4 and 5-bedroom villas and townhouses. Each home consists of stylish kitchens, open living areas, and private gardens or terraces.
Starting from AED 1.99 M, this development can be your dream home. DAMAC Riverside has made it even easier for investors and homeowners to own an apartment or villa with its affordable and attractive installment plans. They can now enjoy a modern-day living in Dubai without paying for everything at once.
Let’s explore the monthly installment plan of DAMAC Rividerside!
75/25, Monthly Installment Payment Plan of DAMAC Riverside
The table below lists everything regarding the monthly installment or payment plan of DAMAC Riverside.
Installment | Payment (%) | Milestone | Price (AED) |
Down Payment | 20% | On Booking Date | Click Here to See Prices |
1st to 5th Installment | 5% | Within 5 months (1% monthly) of the booking date | Click Here to See Prices |
6th Installment | 5% | Within 8 months of the booking date | Click Here to See Prices |
7th to 12th Installment | 6% | Within 14 months (1% monthly) of the booking date | Click Here to See Prices |
13th Installment | 5% | Within 15 months of the booking date | Click Here to See Prices |
14th to 19th Installment | 6% | Within 21 months (1% monthly) of the booking date | Click Here to See Prices |
20th Installment | 6% | Within 22 months of the booking date | Click Here to See Prices |
21st to 25th Installment | 5% | Within 27 months (1% monthly) from the booking date | Click Here to See Prices |
26th Installment | 6% | Within 28 months of the booking date | Click Here to See Prices |
27th to 31st Installment | 5% | Within 33 months (1% monthly) from the booking date | Click Here to See Prices |
32nd Installment | 6% | Within 34 months of the booking date | Click Here to See Prices |
Final Installment | 25% | On Completion | Click Here to See Prices |
Get in Touch Now with Jaxtox Real Estate to Find Floor Plans, Payment Options, and Prices at DAMAC Riverside That Fit Your Budget!
Process of Applying for DAMAC Riverside Properties
Interested in buying a home at DAMAC Riverside? The application process is simple and quick. Here’s how it works:
Choose Your Unit
First, explore the available properties. Choose the villa, townhouse, apartment, or other available plan that best suits your preference and budget.
Speak to a Property Advisor
Get in touch with the representative or a certified real estate agent at Jaxtox. We will guide you through the best options based on your needs and budget.
Pay the Booking Amount
Once you pick your unit, you will be asked to pay the 20% down payment to reserve it. This confirms your booking.
Submit Required Documents
For UAE Residents:
- Passport Copy: A valid copy of your passport.
- Emirates ID: A copy of your valid Emirates ID.
- Proof of Address: Such as a recent utility bill or tenancy contract.
- Financial Documents: Recent bank statements or a salary certificate to demonstrate financial capability.
For Non-UAE Residents:
- Passport Copy: A valid copy of your passport.
- Proof of Address: An official document indicating your current residential address in your home country.
- Financial Documents: Recent bank statements or other proof of funds to demonstrate financial capability.
- Visa Copy: If you hold a UAE visa, provide a copy; otherwise, this may not be necessary.
Start the Installment Plan
After booking, your monthly installments will begin. Follow the schedule provided in the above table or contact our advisors at Jaxtox to guide you through the overall process.
Final Payment on Completion
When the property is complete, you pay the remaining 25%. After this, the apartment will be registered in your name with the Dubai Land Department.
Get Personalized Payment Plans in UAE with Jaxtox
Want to find a payment plan that fits your budget and unit choice at DAMAC Riverside? Talk to our property experts at Jaxtox today. We’ll help you with all the details for the unit you want. This includes clear information about the type of unit, handover time, and the budget you are comfortable with.