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Morocco Phase 2 at Damac Lagoons - Payment Plan

The payment plan for Morocco Phase 2 by Damac is designed to accommodate your financial capabilities. The number of installments and their respective amounts will depend on the progress of construction and the specific unit you choose. Meanwhile, the final installment, known as the completion payment, becomes due upon the successful handover of your townhouse.

Morocco Phase 2 Detailed Payment Plan

Installment Payment Milestone
Down Payment 20% On Booking Date
1st to 15th Installment 15% Within 17 months (1% monthly) from booking date
16th Installment 4% Within 18 months from booking date
17th to 27th Installment 11% Within 29 months (1% monthly) from booking date
28th Installment 5% Within 30 months from booking date
29th to 33rd Installment 5% Within 35 months (1% monthly) from booking date
Final Installment 40% On Completion

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