Canterbury Waterfront in Ajman
Canterbury Waterfront · Ajman, Dubai
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Launch Price
AED 494,190
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
5/51/8/36
Handover
Q1 2029
Projected Yield
7.4 to 11.1%
With studio, 1 - 2 beds layouts and a starting price of AED 494,190, Canterbury Waterfront enters the Ajman off-plan market. The project is scheduled for completion in Q1 2029, with payment plan details available through the developer. Gross rental yield is projected 7.4 to 11.1% annually, reflecting typical market returns for this property type and location. This project is accessible to buyers working with monthly instalments from AED 5,000. Use MonthlyDubai to check if it fits your budget.
Payment Plan Breakdown
From AED 2,196/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 5% | AED 24,710 Due on signing SPA |
|
| Construction Phase 1 | 51% | AED 14,002/mo 18 monthly instalments |
|
| Construction Phase 2 | 8% | AED 2,196/mo 18 monthly instalments |
|
| On Handover | 36% | AED 177,908 Due at Q1 2029 |
|
| Total | AED 494,190 | ||
On Booking
5%
AED 24,710
Due on signing SPA
Construction Phase 1
51%
AED 14,002/mo
18 monthly instalments
Construction Phase 2
8%
AED 2,196/mo
18 monthly instalments
On Handover
36%
AED 177,908
Due at Q1 2029
Total
100%
AED 494,190
Questions about Canterbury Waterfront
What payment plan does Canterbury Waterfront offer?
Canterbury Waterfront uses a 5/51/8/36 payment plan. Buyers pay 5% at booking, with the remaining spread across construction and handover in Q1 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 Canterbury Waterfront fits your budget and send you comparable alternatives.
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