UAE > Dubai > Damac Lagoons > Venice
Construction Status
Payment Plan
Anticipated Completion Date
| Description | Milestone Event | (%) Value |
|---|---|---|
| Down Payment | Immediate | 20% |
| 1st Installment | Within 3 Months of Sale Date (1st Installment) | 5% |
| 2nd Installment | Within 9 Months of Sale Date (2nd Installment) | 5% |
| 3rd Installment | Within 18 Months of Sale Date (3rd Installment) | 5% |
| 4th Installment | Within 30 Months of Sale Date (4th Installment) | 5% |
| 5th Installment | Within 45 Months of Sale Date (5th Installment) | 5% |
| 6th Installment | Within 63 Months of Sale Date (6th Installment) | 5% |
| 7th Installment | Within 84 Months of Sale Date (7th Installment) | 5% |
| 8th Installment | Within 108 Months of Sale Date (8th Installment) | 5% |
| 9th Installment | Within 135 Months of Sale Date (9th Installment) | 5% |
| 10th Installment | Within 165 Months of Sale Date (10th Installment) | 5% |
| 11th Installment | Within 198 Months of Sale Date (11th Installment) | 5% |
| 12th Installment | Within 198 Months of Sale Date (12th Installment) | 2% |
| 13th Installment | Within 198 Months of Sale Date (13th Installment) | 2% |
| 14th Installment | Within 198 Months of Sale Date (14th Installment) | 1% |
| Payment At Handover | On Completion | 20% |
| Description | Milestone Event | (%) Value |
|---|---|---|
| Down Payment | Immediate | 20% |
| 1st Installment | Within 3 Months of Sale Date | 15% |
| 2nd Installment | Within 9 Months of Sale Date | 15% |
| 3rd Installment | Within 18 Months of Sale Date | 10% |
| Payment At Handover | On Completion | 40% |
Title :
Venice
Type :
Free Hold
Project Number :
2396
Completion Status :
Under Construction
Life Cycle :
Developing
Master Development :
Damac Lagoons
Developer :
Plot Number :
N/A
Project Configuration :
B+G+2
Number Of Units :
425
Number Of Floor :
N/A
Plot Area :
3,140,579 Square Feet
Built Up Area :
291,770 Square Feet
Construction Status :
62.04%
Launch Date :
01-Feb-2022
Registration Date :
23-May-2022
Construction Started Date :
28-Dec-2022
Anticipated Completion Date :
29-Sep-2025
Cost Consultants :
N/A
Piling Contractors :
N/A
Handover Date :
N/A
Main Contractors :
N/A
Sub Contractors :
N/A
Architects :
N/A
MEP Contractors :
N/A
Project Managers :
N/A