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DAMAC Hills Investment Guide: Property Types & Rental Yields
Address The Bay 10/70/20 Payment Plan Explained
Ultra Luxury
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DAMAC Hills Investment Guide: Property Types & Rental Yields
Address The Bay 10/70/20 Payment Plan Explained

Oct 13, 2026

Beachfront Gates 3 with a 60/40 Payment Plan

Ultraluxury

3 min read

Dubai South is attracting long-term attention as Dubai expands its aviation and business infrastructure. In June 2026, Dubai approved further progress on the Al Maktoum International Airport project, with operations planned to begin in 2032. The airport is expected to support future growth in aviation, logistics and related jobs.

This wider development story makes housing demand in Dubai South worth watching. Beachfront Gates 3 by Dubai South Properties is one residential project buyers may consider when assessing the area. Its appeal depends on more than future infrastructure. Buyers also need to assess the purchase price, apartment size, payment terms and confirmed handover date.

The project is listed with a 10/50/40 payment plan in current property listings. However, buyers should confirm the exact terms for their chosen unit with the developer before booking.

Understanding the 60/40 Payment Structure

The 60/40 plan divides the property price into two parts. Buyers pay 60% during the agreed payment period. The remaining 40% is due at handover.

Payment stage

Share

Purpose

Booking

5%–10%

Initial payment, subject to the official plan

Construction phase

Remaining part of the first 60%

Payments made under the agreed schedule

Handover

40%

Final payment as stated in the contract

The booking amount forms part of the first 60%. It is not an extra charge.

For a property priced at AED 1 million, the first 60% equals AED 600,000. The final 40% equals AED 400,000. Buyers should check the payment dates and keep enough funds for handover costs.

Apartment Prices and Available Layouts

Beachfront Gates 3 brief lists one-bedroom apartments from around AED 1 million. It also mentions one-, two- and three-bedroom homes. The stated sizes range from 828 to over 3,200 sq. ft.

Unit type

Size and layout

Buyer consideration

1-bedroom

From 828 sq. ft., subject to availability

Lower entry cost

2-bedroom

Varies by unit

More space for daily living

3-bedroom

Larger layouts, with some including maid's quarters

More room for families

Prices vary by unit, floor and view. Buyers should compare the full purchase cost, not just the starting price.

Handover Date and Construction Status

The project brief lists December 30, 2026, as the target handover date. It describes the building as G+6, which means a ground floor and six upper floors.

A low-rise building does not guarantee faster delivery. Work can still be delayed by construction, inspections or utility connections. Buyers should ask for an updated progress report and confirm the handover date in the sale agreement.

The final 40% is a major payment. Buyers should know exactly when it is due.

Can Buyers Qualify for the UAE Golden Visa?

Eligible property investors may qualify for a 10-year UAE Golden Visa if their investment meets the AED 2 million threshold and the current rules.

Buyers may consider a larger apartment or multiple properties to reach this value. However, the payment plan alone does not grant visa eligibility.

Check the property's qualifying value and required documents before relying on it for residency.

Airport Growth and Expo City Access

Dubai South supports aviation, logistics and business activity. Growth in these sectors may increase demand for nearby homes.

Al Maktoum International Airport

The planned expansion of Al Maktoum International Airport is a major project for southern Dubai. Future airport activity may support demand for homes from workers and businesses in the area.

However, infrastructure growth does not guarantee higher property prices. Investors should review local demand, competing projects and the likely pace of development.

Proximity to Expo City Dubai

The project brief gives a travel time of around 4 to 12 minutes to Expo City Dubai. Actual travel times depend on traffic and the route.

Nearby offices and events may attract tenants who want to live close to work. Investors should compare current rents and similar properties before estimating rental income.


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