Gate Eleven Residences in Mohammed Bin Rashid City
Gate Eleven Residences · Mohammed Bin Rashid City, Dubai
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Launch Price
AED 1.4M
Property Type
Apartment
Bedrooms
1 - 2 Beds
Payment Plan
20/30/50
Handover
Q1 2028
Projected Yield
5.5 to 7.5%
With 1 - 2 beds layouts and a starting price of AED 1.4M, Gate Eleven Residences enters the Mohammed Bin Rashid City off-plan market. The payment plan is 20/30/50: 20% secures the unit, 30% is paid during construction, and 50% falls due at handover in Q1 2028. 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 Gate Eleven Residences and similar projects across Dubai based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 17,454/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 279,263 Due on signing SPA |
|
| During Construction | 30% | AED 17,454/mo 24 monthly instalments |
|
| On Handover | 50% | AED 698,158 Due at Q1 2028 |
|
| Total | AED 1,396,317 | ||
On Booking
20%
AED 279,263
Due on signing SPA
During Construction
30%
AED 17,454/mo
24 monthly instalments
On Handover
50%
AED 698,158
Due at Q1 2028
Total
100%
AED 1,396,317
Questions about Gate Eleven Residences
What payment plan does Gate Eleven Residences offer?
Gate Eleven Residences uses a 20/30/50 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q1 2028.
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 Gate Eleven Residences fits your budget and send you comparable alternatives.
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