Granada Villas Phase 2 By Rak in Mina Al Arab
Granada Villas Phase 2 By Rak · Mina Al Arab, Dubai
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Launch Price
AED 2.5M
Property Type
Villa
Bedrooms
2 - 3 Beds
Payment Plan
10/40/50
Handover
TBC
Projected Yield
4.5 to 6.5%
Granada Villas Phase 2 By Rak brings 2 - 3 beds villas to Mina Al Arab, Ras Al Khaimah, with launch prices starting at AED 2.5M. The payment plan is 10/40/50, with instalments spread from booking through construction to handover. Gross rental yield is projected 4.5 to 6.5% annually, reflecting typical market returns for this property type and location. MonthlyDubai can match you with Granada Villas Phase 2 By Rak and similar projects across Ras Al Khaimah based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 34,483/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 250,000 Due on signing SPA |
|
| During Construction | 40% | AED 34,483/mo 29 monthly instalments |
|
| On Handover | 50% | AED 1,250,000 Due at TBC |
|
| Total | AED 2,500,000 | ||
On Booking
10%
AED 250,000
Due on signing SPA
During Construction
40%
AED 34,483/mo
29 monthly instalments
On Handover
50%
AED 1,250,000
Due at TBC
Total
100%
AED 2,500,000
Questions about Granada Villas Phase 2 By Rak
What payment plan does Granada Villas Phase 2 By Rak offer?
Granada Villas Phase 2 By Rak uses a 10/40/50 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in TBC.
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 Granada Villas Phase 2 By Rak fits your budget and send you comparable alternatives.
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