Luxury apartments and an unmissable investment opportunity in Dubai's most prestigious waterfronts? We offer you a special resale opportunity for an elegant apartment under construction in the prestigious Damac Bay project by Damac Properties, with a modern design and stunning direct sea views.
Key Property Features:
- Project: Damac Bay (Tower C)
- Developer: Damac
- Location: Charming Beachfront
- Property Type: Luxury Apartment (One Bedroom + Hall) - Corner Unit
- Area: 829 sq ft (approximately 77 sq m)
- Floor: Premium Floors (10 to 20) with full panoramic sea views
- Handover Date: Q4 2027 – Under Construction
Pricing and Financial Details:
- Original Price + DLD Fees (4%): 3,584,880 AED
- Current Selling Price: 2,800,000 AED (with an exceptional discount of 784,880 AED, a 21.9% reduction)
- Total Cost for Buyer: 3,001,970 AED (including fees and commissions)
Payment Plan and Methods:
Required Payments Upon Transfer of Ownership (Total: 2,105,750 AED):
- Payment to the Transferee / Seller: 1,903,780 AED
- Property Registration Fees (DLD 4% + 40 AED): 137,920 AED
- Registration Trustee Fees: 5,250 AED
- Real Estate Agent Commission (2% + VAT): 58,800 AED
Remaining Payment Plan to Developer (Total: 896,220 AED):
- November 15, 2026: 103,410 AED
- February 15, 2027: 103,410 AED
- Upon Handover: 689,400 AED