Mondrian Residences in Al Marjan Island
Mondrian Residences · Al Marjan Island, Dubai
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Launch Price
AED 2.55M
Property Type
Mixed-Use
Bedrooms
Various
Payment Plan
20/40/40
Handover
Q4 2028
Projected Yield
5.9 to 8.7%
Launching in Al Marjan Island, Ras Al Khaimah, Mondrian Residences is a multiple/other development priced from AED 2.55M. Buyers pay 20% on booking, 40% across the construction phase, and settle the final 40% on handover in Q4 2028. Market conditions in Al Marjan Island support projected gross yields between 5.9 and 8.7 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether Mondrian Residences fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 30,909/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 510,000 Due on signing SPA |
|
| During Construction | 40% | AED 30,909/mo 33 monthly instalments |
|
| On Handover | 40% | AED 1,020,000 Due at Q4 2028 |
|
| Total | AED 2,550,000 | ||
On Booking
20%
AED 510,000
Due on signing SPA
During Construction
40%
AED 30,909/mo
33 monthly instalments
On Handover
40%
AED 1,020,000
Due at Q4 2028
Total
100%
AED 2,550,000
Questions about Mondrian Residences
What payment plan does Mondrian Residences offer?
Mondrian Residences uses a 20/40/40 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 Mondrian Residences fits your budget and send you comparable alternatives.
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