Allegro Residences in Dubai Islands
Allegro Residences · Dubai Islands, Dubai
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Launch Price
AED 1.7M
Property Type
Apartment
Bedrooms
1 - 3 Beds
Payment Plan
10/40/50
Handover
Q2 2026
Projected Yield
5.4 to 7.5%
Allegro Residences covers 1 - 3 beds configurations in Dubai Islands, Dubai, from AED 1.7M. Buyers pay 10% on booking, 40% across the construction phase, and settle the final 50% on handover in Q2 2026. Short-term lets command strong rates in this coastal Dubai location, with projected gross returns between 5.4 and 7.5 percent annually. Use MonthlyDubai's free matching service to check whether Allegro Residences fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 226,667/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 170,000 Due on signing SPA |
|
| During Construction | 40% | AED 226,667/mo 3 monthly instalments |
|
| On Handover | 50% | AED 850,000 Due at Q2 2026 |
|
| Total | AED 1,700,000 | ||
On Booking
10%
AED 170,000
Due on signing SPA
During Construction
40%
AED 226,667/mo
3 monthly instalments
On Handover
50%
AED 850,000
Due at Q2 2026
Total
100%
AED 1,700,000
Questions about Allegro Residences
What payment plan does Allegro Residences offer?
Allegro Residences uses a 10/40/50 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q2 2026.
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 Allegro Residences fits your budget and send you comparable alternatives.
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