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Shoreline by Damac - Payment Plan

Al Marjan Island, Ras Al Khaimah

Payment Plan

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Starting Price

AED 1.83 Million

Price Breakup

Damac Properties has recently introduced the Shoreline at Al Marjan Island, Ras Al Khaimah accompanied by a payment plan that is advantageous for investors. A broad range of individuals can invest here through transparent channel and upscale the lifestyle surrounding the sea and away from the bustle of city.

Easy Launch Payment Plan (70:30)

Installment	Payment (%)	Milestone
Down Payment	20%	On Purchase Date
1st to 5th Installment	5%	Within 7 months (1% monthly) from purchase date
6th Installment	5%	Within 8 months from purchase date
7th to 15th Installment	9%	Within 17 months (1% monthly) from purchase date
16th Installment	5%	Within 18 months from purchase date
17th to 40th Installment	24%	Within 42 months (1% monthly) from purchase date
41st Installment	1%	On 80% Completion
42nd Installment	1%	On 90% Completion
Final Installment	30%	On Completion

Easy 1% Monthly Installments Payment Plan (70:30) - Regular

Installment	Payment (%)	Milestone
Down Payment	20%	On Purchase Date
1st to 5th Installment	5%	Within 7 months (1% monthly) from purchase date
6th Installment	5%	Within 8 months from purchase date
7th to 15th Installment	9%	Within 17 months (1% monthly) from purchase date
16th Installment	10%	Within 18 months from purchase date
17th to 27th Installment	11%	Within 29 months (1% monthly) from purchase date
28th Installment	10%	Within 30 months from purchase date
Final Installment	30%	On Handover