Faradis Tower in Al Mamzar - Sharjah
Faradis Tower · Al Mamzar - Sharjah, Dubai
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Launch Price
AED 1.25M
Property Type
Apartment
Bedrooms
2 - 4 Beds
Payment Plan
10/50/10/30
Handover
Q1 2027
Projected Yield
5.6 to 7.6%
With 2 - 4 beds layouts and a starting price of AED 1.25M, Faradis Tower enters the Al Mamzar - Sharjah off-plan market. The project is scheduled for completion in Q1 2027, with payment plan details available through the developer. Gross rental yield is projected 5.6 to 7.6% annually, reflecting typical market returns for this property type and location. MonthlyDubai can match you with Faradis Tower and similar projects across Sharjah based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 20,885/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 125,308 Due on signing SPA |
|
| Construction Phase 1 | 50% | AED 104,423/mo 6 monthly instalments |
|
| Construction Phase 2 | 10% | AED 20,885/mo 6 monthly instalments |
|
| On Handover | 30% | AED 375,923 Due at Q1 2027 |
|
| Total | AED 1,253,078 | ||
On Booking
10%
AED 125,308
Due on signing SPA
Construction Phase 1
50%
AED 104,423/mo
6 monthly instalments
Construction Phase 2
10%
AED 20,885/mo
6 monthly instalments
On Handover
30%
AED 375,923
Due at Q1 2027
Total
100%
AED 1,253,078
Questions about Faradis Tower
What payment plan does Faradis Tower offer?
Faradis Tower uses a 10/50/10/30 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q1 2027.
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 Faradis Tower fits your budget and send you comparable alternatives.
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