Mira Coral Bay in Al Mairid
Mira Coral Bay · Al Mairid, Dubai
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Launch Price
AED 1.04M
Property Type
Mixed-Use
Bedrooms
Various
Payment Plan
20/55/25
Handover
Q4 2028
Projected Yield
5.5 to 7.5%
Mira Coral Bay is an off-plan multiple/other project in Al Mairid, Ras Al Khaimah, with units starting from AED 1.04M. The payment plan is 20/55/25: 20% secures the unit, 55% is paid during construction, and 25% falls due at handover in Q4 2028. Gross rental yield is projected 5.5 to 7.5% annually, reflecting typical market returns for this property type and location. MonthlyDubai can match you with Mira Coral Bay and similar projects across Ras Al Khaimah based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 17,300/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 207,600 Due on signing SPA |
|
| During Construction | 55% | AED 17,300/mo 33 monthly instalments |
|
| On Handover | 25% | AED 259,500 Due at Q4 2028 |
|
| Total | AED 1,038,000 | ||
On Booking
20%
AED 207,600
Due on signing SPA
During Construction
55%
AED 17,300/mo
33 monthly instalments
On Handover
25%
AED 259,500
Due at Q4 2028
Total
100%
AED 1,038,000
Questions about Mira Coral Bay
What payment plan does Mira Coral Bay offer?
Mira Coral Bay uses a 20/55/25 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q4 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 Mira Coral Bay fits your budget and send you comparable alternatives.
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