DAMAC Shoreline at Al Marjan Island  offers a flexible 70/30 payment plan designed to meet the diverse needs of both investors and those looking to make Ras Al Khaimah their home.

Below is the staggered payment structure. If you require additional flexibility, please don’t hesitate to reach out to us at +971 5244 233 87

A p70/30 percentage payment plan at DAMAC Shoreline in Ras al Khaimah offers flexible financing option to make property purchases more affordable. Here’s how it typically works:

1. Initial Down Payment: Buyers pay a portion of the property price upfront, usually ranging from 10% to 20%.
2. Payments During Construction: Throughout the construction phase, buyers make periodic payments based on the completion stages of the project. These payments might be scheduled every few months or upon reaching certain construction milestones.
3. Handover Payment: When the property is ready for handover, buyers pay a remaining portion of the property price. This can be around 30% to 40% of the total price, depending on the developer’s terms.

The main advantage of this plan is that it reduces the financial burden on the buyer by spreading out payments over a longer period, even after moving into the property. It’s especially attractive for those who may not have the full amount available at the time of purchase or prefer to manage their cash flow more effectively. However, buyers should carefully review the terms and conditions, as interest rates and other fees can vary depending on the developer and the specific project.