Al Mamsha Hamsa Phase 2 By Alef Group in Muwaileh
Launch Price
AED 794,000
Property Type
Apartment
Bedrooms
1 - 3 Beds
Payment Plan
40/60
Handover
Q2 2029
Projected Yield
5.9 to 8.1%
Buyers in Muwaileh can access 1 - 3 beds apartment options at Al Mamsha Hamsa Phase 2 By Alef Group from AED 794,000. The 40/60 payment structure divides the cost between construction and handover, targeting completion in Q2 2029. Projected gross returns run in the 5.9 to 8.1% range annually, in line with similar off-plan product in Sharjah. Buyers at the AED 5,000 monthly instalment level may qualify for units in Al Mamsha Hamsa Phase 2 By Alef Group. MonthlyDubai can check against your specific budget.
Payment Plan Breakdown
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 40% | AED 317,600 Due on signing SPA | |
| On Handover | 60% | AED 476,400 Due at Q2 2029 | |
| Total | 100% | AED 794,000 |
Questions about Al Mamsha Hamsa Phase 2 By Alef Group
What payment plan does Al Mamsha Hamsa Phase 2 By Alef Group offer?
Al Mamsha Hamsa Phase 2 By Alef Group uses a 40/60 payment plan. Buyers pay 40% at booking, with the remaining spread across construction and handover in Q2 2029.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Al Mamsha Hamsa Phase 2 By Alef Group fits your budget and send you comparable alternatives.
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