Palace Residences Al Mamsha in Sharjah
Palace Residences Al Mamsha · Sharjah, Dubai
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Launch Price
AED 1.65M
Property Type
Mixed-Use
Bedrooms
Various
Payment Plan
10/30/60
Handover
Q4 2028
Projected Yield
4.9 to 7.1%
Off-plan multiple/other buyers in Sharjah will find Palace Residences Al Mamsha starting at AED 1.65M. A 10% booking payment secures the unit. Construction-phase instalments total 30%, with the remaining 60% due at handover scheduled for Q4 2028. Projected gross returns run in the 4.9 to 7.1% 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 15,000/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 165,000 Due on signing SPA |
|
| During Construction | 30% | AED 15,000/mo 33 monthly instalments |
|
| On Handover | 60% | AED 990,000 Due at Q4 2028 |
|
| Total | AED 1,650,000 | ||
On Booking
10%
AED 165,000
Due on signing SPA
During Construction
30%
AED 15,000/mo
33 monthly instalments
On Handover
60%
AED 990,000
Due at Q4 2028
Total
100%
AED 1,650,000
Questions about Palace Residences Al Mamsha
What payment plan does Palace Residences Al Mamsha offer?
Palace Residences Al Mamsha uses a 10/30/60 payment plan. Buyers pay 10% 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 Palace Residences Al Mamsha fits your budget and send you comparable alternatives.
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