Jacob & Co Residences in Al Marjan Island
Jacob & Co Residences · Al Marjan Island, Dubai
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Launch Price
AED 1.02M
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
20/20/60
Handover
Q2 2028
Projected Yield
5.9 to 8.7%
Jacob & Co Residences introduces studio, 1 - 2 beds apartments to Al Marjan Island, Ras Al Khaimah, starting from AED 1.02M. The payment plan is 20/20/60: 20% secures the unit, 20% is paid during construction, and 60% falls due at handover in Q2 2028. Gross rental yield is projected 5.9 to 8.7% annually, reflecting typical market returns for this property type and location. MonthlyDubai can match you with Jacob & Co Residences and similar projects across Ras Al Khaimah based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 7,577/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 204,578 Due on signing SPA |
|
| During Construction | 20% | AED 7,577/mo 27 monthly instalments |
|
| On Handover | 60% | AED 613,733 Due at Q2 2028 |
|
| Total | AED 1,022,888 | ||
On Booking
20%
AED 204,578
Due on signing SPA
During Construction
20%
AED 7,577/mo
27 monthly instalments
On Handover
60%
AED 613,733
Due at Q2 2028
Total
100%
AED 1,022,888
Questions about Jacob & Co Residences
What payment plan does Jacob & Co Residences offer?
Jacob & Co Residences uses a 20/20/60 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q2 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 Jacob & Co Residences fits your budget and send you comparable alternatives.
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