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UAE Real Estate · Ras Al Khaimah

Gateway Residences Phase 2 By Rak in Mina Al Arab

Launch Price
AED 1.05M
Property Type
Apartment
Bedrooms
1 - 2 Beds
Payment Plan
10/30/10/50
Handover
TBC
Projected Yield
5.2 to 7.0%

Gateway Residences Phase 2 By Rak covers 1 - 2 beds configurations in Mina Al Arab, Ras Al Khaimah, from AED 1.05M. Payment plan options are available directly through the developer. Market conditions in Mina Al Arab support projected gross yields between 5.2 and 7.0 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether Gateway Residences Phase 2 By Rak fits what you can comfortably pay each month.

Payment Plan Breakdown

Minimum monthly instalment during construction: AED 7,500. No mortgage or bank approval required.

Phase%SplitAmount
On Booking10%
AED 105,000 Due on signing SPA
Construction Phase 130%
AED 21,000/mo 15 months
Construction Phase 210%
AED 7,500/mo 14 months
On Handover50%
AED 525,000 Due at TBC
Total100%AED 1,050,000

Questions about Gateway Residences Phase 2 By Rak

Gateway Residences Phase 2 By Rak uses a 10/30/10/50 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in TBC.
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.
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.
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Gateway Residences Phase 2 By Rak fits your budget and send you comparable alternatives.
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