Midtown Noor in Dubai Production City (IMPZ)
Midtown Noor is bringing studio, 1 - 3 beds off-plan apartments to Dubai Production City (IMPZ) in Dubai, priced from AED 509,396. A 30% booking payment secures the unit. Construction-phase instalments total 20%, with the remaining 50% due at handover. Projected gross returns run in the 5.9 to 8.1% 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 Midtown Noor. MonthlyDubai can check against your specific budget.
Payment Plan Breakdown
Minimum monthly instalment during construction: AED 3,513. No mortgage or bank approval required.
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 30% | AED 152,819 Due on signing SPA | |
| During Construction | 20% | AED 3,513/mo 29 months | |
| On Handover | 50% | AED 254,698 Due at TBC | |
| Total | 100% | AED 509,396 |
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