Norah Residence in Jumeirah Village Circle
Norah Residence · Jumeirah Village Circle, Dubai
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Launch Price
AED 650,000
Property Type
Villa
Bedrooms
Studio, 1 - 3 Beds
Payment Plan
10/30/60
Handover
Q2 2027
Projected Yield
5.0 to 7.2%
Priced from AED 650,000, Norah Residence adds studio, 1 - 3 beds villas to the Jumeirah Village Circle market in Dubai. The payment plan is 10/30/60: 10% secures the unit, 30% is paid during construction, and 60% falls due at handover in Q2 2027. Gross rental yield is projected 5.0 to 7.2% annually, reflecting typical market returns for this property type and location. This project is accessible to buyers working with monthly instalments from AED 5,000. Use MonthlyDubai to check if it fits your budget.
Payment Plan Breakdown
From AED 13,000/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 65,000 Due on signing SPA |
|
| During Construction | 30% | AED 13,000/mo 15 monthly instalments |
|
| On Handover | 60% | AED 390,000 Due at Q2 2027 |
|
| Total | AED 650,000 | ||
On Booking
10%
AED 65,000
Due on signing SPA
During Construction
30%
AED 13,000/mo
15 monthly instalments
On Handover
60%
AED 390,000
Due at Q2 2027
Total
100%
AED 650,000
Questions about Norah Residence
What payment plan does Norah Residence offer?
Norah Residence uses a 10/30/60 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q2 2027.
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 Norah Residence fits your budget and send you comparable alternatives.
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