Al Thuraya Island in Sharjah Waterfront City
Al Thuraya Island · Sharjah Waterfront City, Dubai
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Launch Price
AED 4.1M
Property Type
Villa
Bedrooms
5 - 7+ Beds
Payment Plan
10/30/60
Handover
Q4 2027
Projected Yield
5.4 to 7.7%
Sharjah Waterfront City gains 5 - 7+ beds villa units through Al Thuraya Island, with entry pricing at AED 4.1M. Buyers pay 10% on booking, 30% across the construction phase, and settle the final 60% on handover in Q4 2027. Market conditions in Sharjah Waterfront City support projected gross yields between 5.4 and 7.7 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether Al Thuraya Island fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 58,571/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 410,000 Due on signing SPA |
|
| During Construction | 30% | AED 58,571/mo 21 monthly instalments |
|
| On Handover | 60% | AED 2,460,000 Due at Q4 2027 |
|
| Total | AED 4,100,000 | ||
On Booking
10%
AED 410,000
Due on signing SPA
During Construction
30%
AED 58,571/mo
21 monthly instalments
On Handover
60%
AED 2,460,000
Due at Q4 2027
Total
100%
AED 4,100,000
Questions about Al Thuraya Island
What payment plan does Al Thuraya Island offer?
Al Thuraya Island uses a 10/30/60 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q4 2027.
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 Thuraya Island fits your budget and send you comparable alternatives.
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