Bali Phase 2 at Damac Islands in Dubai Land
Bali Phase 2 at Damac Islands · Dubai Land, Dubai
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Launch Price
AED 2.1M
Property Type
Mixed-Use
Bedrooms
Various
Payment Plan
20/55/25
Handover
Q4 2028
Projected Yield
5.8 to 8.1%
Off-plan multiple/other buyers in Dubai Land will find Bali Phase 2 at Damac Islands starting at AED 2.1M. A 20% booking payment secures the unit. Construction-phase instalments total 55%, with the remaining 25% due at handover scheduled for Q4 2028. Projected gross returns run in the 5.8 to 8.1% range annually, in line with similar off-plan product in Dubai. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 35,000/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 420,000 Due on signing SPA |
|
| During Construction | 55% | AED 35,000/mo 33 monthly instalments |
|
| On Handover | 25% | AED 525,000 Due at Q4 2028 |
|
| Total | AED 2,100,000 | ||
On Booking
20%
AED 420,000
Due on signing SPA
During Construction
55%
AED 35,000/mo
33 monthly instalments
On Handover
25%
AED 525,000
Due at Q4 2028
Total
100%
AED 2,100,000
Questions about Bali Phase 2 at Damac Islands
What payment plan does Bali Phase 2 at Damac Islands offer?
Bali Phase 2 at Damac Islands uses a 20/55/25 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q4 2028.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Bali Phase 2 at Damac Islands fits your budget and send you comparable alternatives.
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