Mirdad in Motor City
Mirdad · Motor City, Dubai
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Launch Price
AED 763,000
Property Type
Apartment
Bedrooms
Studio, 1 - 3 Beds
Payment Plan
60/40
Handover
Q4 2028
Projected Yield
5.9 to 8.1%
Buyers in Motor City can access studio, 1 - 3 beds apartment options at Mirdad from AED 763,000. The 60/40 payment structure divides the cost between construction and handover, targeting completion in Q4 2028. 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 Mirdad. MonthlyDubai can check against your specific budget.
Payment Plan Breakdown
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 60% | AED 457,800 Due on signing SPA |
|
| On Handover | 40% | AED 305,200 Due at Q4 2028 |
|
| Total | AED 763,000 | ||
On Booking
60%
AED 457,800
Due on signing SPA
On Handover
40%
AED 305,200
Due at Q4 2028
Total
100%
AED 763,000
Questions about Mirdad
What payment plan does Mirdad offer?
Mirdad uses a 60/40 payment plan. Buyers pay 60% 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 Mirdad fits your budget and send you comparable alternatives.
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