Elaya in Town Square
Elaya · Town Square, Dubai
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Launch Price
AED 950,000
Property Type
Apartment
Bedrooms
1 - 3 Beds
Payment Plan
10/40/50
Handover
Q3 2026
Projected Yield
6.0 to 8.2%
Elaya is bringing 1 - 3 beds off-plan apartments to Town Square in Dubai, priced from AED 950,000. A 10% booking payment secures the unit. Construction-phase instalments total 40%, with the remaining 50% due at handover scheduled for Q3 2026. Projected gross returns run in the 6.0 to 8.2% range annually, in line with similar off-plan product in Dubai. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 63,333/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 95,000 Due on signing SPA |
|
| During Construction | 40% | AED 63,333/mo 6 monthly instalments |
|
| On Handover | 50% | AED 475,000 Due at Q3 2026 |
|
| Total | AED 950,000 | ||
On Booking
10%
AED 95,000
Due on signing SPA
During Construction
40%
AED 63,333/mo
6 monthly instalments
On Handover
50%
AED 475,000
Due at Q3 2026
Total
100%
AED 950,000
Questions about Elaya
What payment plan does Elaya offer?
Elaya uses a 10/40/50 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q3 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 Elaya fits your budget and send you comparable alternatives.
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