Manta Bay Phase 2 in Al Marjan Island
Manta Bay Phase 2 · Al Marjan Island, Dubai
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Launch Price
AED 1.2M
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
60/40
Handover
Q2 2027
Projected Yield
6.6 to 9.2%
Manta Bay Phase 2 is bringing studio, 1 - 2 beds off-plan apartments to Al Marjan Island in Ras Al Khaimah, priced from AED 1.2M. The 60/40 payment structure divides the cost between construction and handover, targeting completion in Q2 2027. Projected gross returns run in the 6.6 to 9.2% range annually, in line with similar off-plan product in Ras Al Khaimah. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 60% | AED 720,000 Due on signing SPA |
|
| On Handover | 40% | AED 480,000 Due at Q2 2027 |
|
| Total | AED 1,200,000 | ||
On Booking
60%
AED 720,000
Due on signing SPA
On Handover
40%
AED 480,000
Due at Q2 2027
Total
100%
AED 1,200,000
Questions about Manta Bay Phase 2
What payment plan does Manta Bay Phase 2 offer?
Manta Bay Phase 2 uses a 60/40 payment plan. Buyers pay 60% at booking, with the remaining spread across construction and handover in Q2 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 Manta Bay Phase 2 fits your budget and send you comparable alternatives.
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