Nama Phase 3 By Alef Group in Muwaileh
Nama Phase 3 By Alef Group · Muwaileh, Dubai
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Launch Price
AED 819,000
Property Type
Apartment
Bedrooms
1 - 3 Beds
Payment Plan
10/40/10/40
Handover
Q1 2028
Projected Yield
5.9 to 8.1%
Nama Phase 3 By Alef Group is bringing 1 - 3 beds off-plan apartments to Muwaileh in Sharjah, priced from AED 819,000. The project is scheduled for completion in Q1 2028, with payment plan details available through the developer. Projected gross returns run in the 5.9 to 8.1% range annually, in line with similar off-plan product in Sharjah. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 6,825/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 81,900 Due on signing SPA |
|
| Construction Phase 1 | 40% | AED 27,300/mo 12 monthly instalments |
|
| Construction Phase 2 | 10% | AED 6,825/mo 12 monthly instalments |
|
| On Handover | 40% | AED 327,600 Due at Q1 2028 |
|
| Total | AED 819,000 | ||
On Booking
10%
AED 81,900
Due on signing SPA
Construction Phase 1
40%
AED 27,300/mo
12 monthly instalments
Construction Phase 2
10%
AED 6,825/mo
12 monthly instalments
On Handover
40%
AED 327,600
Due at Q1 2028
Total
100%
AED 819,000
Questions about Nama Phase 3 By Alef Group
What payment plan does Nama Phase 3 By Alef Group offer?
Nama Phase 3 By Alef Group uses a 10/40/10/40 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q1 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 Nama Phase 3 By Alef Group fits your budget and send you comparable alternatives.
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