Gianfranco Ferré Residences in Al Marjan Island
Gianfranco Ferré Residences · Al Marjan Island, Dubai
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Launch Price
AED 1.2M
Property Type
Apartment
Bedrooms
Studio, 1 - 3 Beds
Payment Plan
10/50/40
Handover
Q1 2028
Projected Yield
6.5 to 9.1%
Gianfranco Ferré Residences covers studio, 1 - 3 beds configurations in Al Marjan Island, Ras Al Khaimah, from AED 1.2M. Buyers pay 10% on booking, 50% across the construction phase, and settle the final 40% on handover in Q1 2028. Market conditions in Al Marjan Island support projected gross yields between 6.5 and 9.1 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether Gianfranco Ferré Residences fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 25,000/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 120,000 Due on signing SPA |
|
| During Construction | 50% | AED 25,000/mo 24 monthly instalments |
|
| On Handover | 40% | AED 480,000 Due at Q1 2028 |
|
| Total | AED 1,200,000 | ||
On Booking
10%
AED 120,000
Due on signing SPA
During Construction
50%
AED 25,000/mo
24 monthly instalments
On Handover
40%
AED 480,000
Due at Q1 2028
Total
100%
AED 1,200,000
Questions about Gianfranco Ferré Residences
What payment plan does Gianfranco Ferré Residences offer?
Gianfranco Ferré Residences uses a 10/50/40 payment plan. Buyers pay 10% 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 Gianfranco Ferré Residences fits your budget and send you comparable alternatives.
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