Lua Residences in Mohammed Bin Rashid City
Lua Residences · Mohammed Bin Rashid City, Dubai
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Launch Price
AED 7.33M
Property Type
Villa
Bedrooms
4 - 6 Beds
Payment Plan
15/35/50
Handover
TBC
Projected Yield
4.5 to 6.5%
Set within Mohammed Bin Rashid City in Dubai, Lua Residences offers 4 - 6 beds villas from AED 7.33M. Buyers pay 15% on booking, 35% across the construction phase, and settle the final 50% on handover. Market conditions in Mohammed Bin Rashid City support projected gross yields between 4.5 and 6.5 percent per year for this category of off-plan. For premium off-plan investment in Mohammed Bin Rashid City, MonthlyDubai provides free shortlisting based on your exact monthly instalment target.
Payment Plan Breakdown
From AED 88,440/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 15% | AED 1,099,184 Due on signing SPA |
|
| During Construction | 35% | AED 88,440/mo 29 monthly instalments |
|
| On Handover | 50% | AED 3,663,948 Due at TBC |
|
| Total | AED 7,327,896 | ||
On Booking
15%
AED 1,099,184
Due on signing SPA
During Construction
35%
AED 88,440/mo
29 monthly instalments
On Handover
50%
AED 3,663,948
Due at TBC
Total
100%
AED 7,327,896
Questions about Lua Residences
What payment plan does Lua Residences offer?
Lua Residences uses a 15/35/50 payment plan. Buyers pay 15% 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 Lua Residences fits your budget and send you comparable alternatives.
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