Berkeley Place in Mohammed Bin Rashid City
Berkeley Place · Mohammed Bin Rashid City, Dubai
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Launch Price
AED 2M
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
20/30/50
Handover
TBC
Projected Yield
5.5 to 7.5%
Berkeley Place introduces studio, 1 - 2 beds apartments to Mohammed Bin Rashid City, Dubai, starting from AED 2M. The payment plan is 20/30/50, with instalments spread from booking through construction to handover. Gross rental yield is projected 5.5 to 7.5% annually, reflecting typical market returns for this property type and location. MonthlyDubai can match you with Berkeley Place and similar projects across Dubai based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 20,638/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 399,000 Due on signing SPA |
|
| During Construction | 30% | AED 20,638/mo 29 monthly instalments |
|
| On Handover | 50% | AED 997,500 Due at TBC |
|
| Total | AED 1,995,000 | ||
On Booking
20%
AED 399,000
Due on signing SPA
During Construction
30%
AED 20,638/mo
29 monthly instalments
On Handover
50%
AED 997,500
Due at TBC
Total
100%
AED 1,995,000
Questions about Berkeley Place
What payment plan does Berkeley Place offer?
Berkeley Place uses a 20/30/50 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in TBC.
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 Berkeley Place fits your budget and send you comparable alternatives.
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