Hammock Park in Wasl Gate
Buyers in Wasl Gate can access studio, 1 - 2 beds apartment options at Hammock Park from AED 740,000. A 20% booking payment secures the unit. Construction-phase instalments total 30%, with the remaining 50% due at handover scheduled for Q1 2027. Projected gross returns run in the 6.0 to 8.2% range annually, in line with similar off-plan product in Dubai. Buyers at the AED 5,000 monthly instalment level may qualify for units in Hammock Park. MonthlyDubai can check against your specific budget.
Payment Plan Breakdown
Minimum monthly instalment during construction: AED 18,500. No mortgage or bank approval required.
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 148,000 Due on signing SPA | |
| During Construction | 30% | AED 18,500/mo 12 months | |
| On Handover | 50% | AED 370,000 Due at Q1 2027 | |
| Total | 100% | AED 740,000 |
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