Payment Plan
Monte Carlo Payment Plan at DAMAC Lagoons
Only 20 percent of the Monte Carlo price is tied to dates. 40 percent is tied to verified build milestones from 40 percent completion.
This was the launch payment plan for a cluster that is now sold out and still in construction. Resale purchases do not follow it.
20 percent deposit, 60 percent across construction and 20 percent on completion. Only 20 percent is tied to calendar dates, across four instalments to 12 months. The other 40 percent is tied to verified build milestones at 40, 50, 60, 70, 80 and 90 percent completion.
Only 20 percent of the Monte Carlo price is tied to calendar dates, across four instalments running to 12 months. The remaining 40 percent of the construction portion is tied to verified build milestones at 40, 50, 60, 70, 80 and 90 percent completion. By comparison, Morocco and Ibiza tie 55 percent to calendar dates and only 5 percent to milestones, and Costa Brava and Nice tie their entire 35 percent construction portion to calendar dates with no milestone triggers at all.
There is no post handover plan. 4 percent DLD is payable in addition to the initial deposit.
| Milestone | When | Value |
|---|---|---|
| Deposit | Immediate | 20% |
| 1st instalment | Within 3 months of sale date | 5% |
| 2nd instalment | Within 6 months of sale date | 5% |
| 3rd instalment | Within 9 months of sale date | 5% |
| 4th instalment | Within 12 months of sale date | 5% |
| 5th instalment | On completion of 40 percent of project | 10% |
| 6th instalment | On completion of 50 percent of project | 10% |
| 7th instalment | On completion of 60 percent of project | 5% |
| 8th instalment | On completion of 70 percent of project | 5% |
| 9th instalment | On completion of 80 percent of project | 5% |
| 10th instalment | On completion of 90 percent of project | 5% |
| 11th instalment | On completion | 20% |
| Total | 100% |
Our reading of two sourced figures: On the reported 86.38 percent progress, every milestone instalment through the 80 percent trigger has fallen due and the 90 percent trigger has not.
Compare with the Ibiza payment plan and the Morocco payment plan, which use the same 20 / 60 / 20 headline but place far more of the construction portion on calendar dates.
Where Monte Carlo stands today
Monte Carlo has not completed. The latest inspection report puts construction at 86.38 percent, and expected completion is 31 December 2026, exactly 12 months after its 31 December 2025 target.
At 86.38 percent it is the furthest advanced of the DAMAC Lagoons clusters we hold build records for that have not yet completed, against 76.94 percent at Morocco 1, 74.86 percent at Ibiza, 65.34 percent at Morocco 2 and 83.88 percent at Nice 2.
Source: Dubai Land Department project inspection records via PropertyMonitor. Checked 6 September 2026.
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Monte Carlo FAQ
- Is Monte Carlo at DAMAC Lagoons still available?
- The Dubai Land Department registry records Monte Carlo as sold out, so developer stock is not available. It trades on the off plan resale market and the project has not completed.
- How many homes are there in Monte Carlo?
- 424, all townhouses, in a single project with no phases. 300 are four bedroom and 124 are five bedroom.
- When will Monte Carlo be handed over?
- Monte Carlo has not completed. It is 86.38 percent built with expected completion on 31 December 2026, exactly 12 months after its 31 December 2025 target. It is the furthest advanced of the incomplete DAMAC Lagoons clusters we hold records for.
- What did Monte Carlo homes launch at?
- DAMAC advertised the four bedroom townhouse from AED 1.9 million and the five bedroom from AED 2.6 million. The registry records the precise lowest launch prices as AED 1,930,000 and AED 2,640,000.
- What is the Monte Carlo payment plan?
- 20 percent deposit, 60 percent across construction and 20 percent on completion. Only 20 percent is tied to calendar dates, across four instalments to 12 months. The other 40 percent is tied to verified build milestones at 40, 50, 60, 70, 80 and 90 percent completion. There is no post handover plan and 4 percent DLD is payable in addition to the deposit.
- How big are Monte Carlo homes?
- The five bedroom townhouse is 3,397 sqft on a plot of roughly 2,368 sqft. The four bedroom sits on a plot of roughly 1,552 sqft, but the registry does not publish its built up area, so we do not state one.