Evergrin House Phase 2 By Object 1 in Al Satwa
Evergrin House Phase 2 By Object 1 · Al Satwa, Dubai
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Launch Price
AED 1.1M
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
20/30/50
Handover
Q3 2026
Projected Yield
4.6 to 6.1%
Evergrin House Phase 2 By Object 1 is bringing studio, 1 - 2 beds off-plan apartments to Al Satwa in Dubai, priced from AED 1.1M. A 20% booking payment secures the unit. Construction-phase instalments total 30%, with the remaining 50% due at handover scheduled for Q3 2026. Tenant demand from business professionals and long-stay residents in prime Dubai supports projected gross yields in the 4.6 to 6.1% range. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 55,000/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 220,000 Due on signing SPA |
|
| During Construction | 30% | AED 55,000/mo 6 monthly instalments |
|
| On Handover | 50% | AED 550,000 Due at Q3 2026 |
|
| Total | AED 1,100,000 | ||
On Booking
20%
AED 220,000
Due on signing SPA
During Construction
30%
AED 55,000/mo
6 monthly instalments
On Handover
50%
AED 550,000
Due at Q3 2026
Total
100%
AED 1,100,000
Questions about Evergrin House Phase 2 By Object 1
What payment plan does Evergrin House Phase 2 By Object 1 offer?
Evergrin House Phase 2 By Object 1 uses a 20/30/50 payment plan. Buyers pay 20% 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 Evergrin House Phase 2 By Object 1 fits your budget and send you comparable alternatives.
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