Morocco Phase 2 By Damac in Damac Lagoons
Morocco Phase 2 By Damac · Damac Lagoons, Dubai
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Launch Price
AED 3.11M
Property Type
Mixed-Use
Bedrooms
4 - 7 Beds
Payment Plan
20/40/40
Handover
Q4 2026
Projected Yield
5.6 to 7.6%
In Damac Lagoons, Dubai, Morocco Phase 2 By Damac offers off-plan multiple/other units from AED 3.11M. The payment plan is 20/40/40: 20% secures the unit, 40% is paid during construction, and 40% falls due at handover in Q4 2026. Gross rental yield is projected 5.6 to 7.6% annually, reflecting typical market returns for this property type and location. MonthlyDubai can match you with Morocco Phase 2 By Damac and similar projects across Dubai based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 138,400/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 622,800 Due on signing SPA |
|
| During Construction | 40% | AED 138,400/mo 9 monthly instalments |
|
| On Handover | 40% | AED 1,245,600 Due at Q4 2026 |
|
| Total | AED 3,114,000 | ||
On Booking
20%
AED 622,800
Due on signing SPA
During Construction
40%
AED 138,400/mo
9 monthly instalments
On Handover
40%
AED 1,245,600
Due at Q4 2026
Total
100%
AED 3,114,000
Questions about Morocco Phase 2 By Damac
What payment plan does Morocco Phase 2 By Damac offer?
Morocco Phase 2 By Damac uses a 20/40/40 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q4 2026.
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 Morocco Phase 2 By Damac fits your budget and send you comparable alternatives.
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