Hammock Park in Wasl Gate
Hammock Park · Wasl Gate, Dubai
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Launch Price
AED 740,000
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
20/30/50
Handover
Q1 2027
Projected Yield
6.0 to 8.2%
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
From AED 18,500/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 148,000 Due on signing SPA |
|
| During Construction | 30% | AED 18,500/mo 12 monthly instalments |
|
| On Handover | 50% | AED 370,000 Due at Q1 2027 |
|
| Total | AED 740,000 | ||
On Booking
20%
AED 148,000
Due on signing SPA
During Construction
30%
AED 18,500/mo
12 monthly instalments
On Handover
50%
AED 370,000
Due at Q1 2027
Total
100%
AED 740,000
Questions about Hammock Park
What payment plan does Hammock Park offer?
Hammock Park uses a 20/30/50 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q1 2027.
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 Hammock Park fits your budget and send you comparable alternatives.
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