Island Heights in Al Marjan Island
Island Heights · Al Marjan Island, Dubai
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Launch Price
AED 1.18M
Property Type
Apartment
Bedrooms
Studio, 1 Beds
Payment Plan
5/65/30
Handover
Q1 2028
Projected Yield
6.5 to 9.1%
Island Heights covers studio, 1 beds configurations in Al Marjan Island, Ras Al Khaimah, from AED 1.18M. Buyers pay 5% on booking, 65% across the construction phase, and settle the final 30% 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 Island Heights fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 31,842/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 5% | AED 58,785 Due on signing SPA |
|
| During Construction | 65% | AED 31,842/mo 24 monthly instalments |
|
| On Handover | 30% | AED 352,712 Due at Q1 2028 |
|
| Total | AED 1,175,706 | ||
On Booking
5%
AED 58,785
Due on signing SPA
During Construction
65%
AED 31,842/mo
24 monthly instalments
On Handover
30%
AED 352,712
Due at Q1 2028
Total
100%
AED 1,175,706
Questions about Island Heights
What payment plan does Island Heights offer?
Island Heights uses a 5/65/30 payment plan. Buyers pay 5% 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 Island Heights fits your budget and send you comparable alternatives.
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