Malta in Damac Lagoons
Community living in Damac Lagoons expands with Malta, offering 4 - 5 beds townhouse units from AED 1.75M. Buyers pay 20% on booking, 70% across the construction phase, and settle the final 10% on handover. Market conditions in Damac Lagoons support projected gross yields between 4.5 and 6.5 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether Malta fits what you can comfortably pay each month.
Payment Plan Breakdown
Minimum monthly instalment during construction: AED 42,241. No mortgage or bank approval required.
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 350,000 Due on signing SPA | |
| During Construction | 70% | AED 42,241/mo 29 months | |
| On Handover | 10% | AED 175,000 Due at TBC | |
| Total | 100% | AED 1,750,000 |
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