Pelagia in Al Marjan Island
Pelagia · Al Marjan Island, Dubai
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Launch Price
AED 2.3M
Property Type
Mixed-Use
Bedrooms
1 - 4 Beds
Payment Plan
10/50/10/30
Handover
Q4 2027
Projected Yield
6.6 to 9.2%
Launching in Al Marjan Island, Ras Al Khaimah, Pelagia is a multiple/other development priced from AED 2.3M. The project is scheduled for completion in Q4 2027, with payment plan details available through the developer. Market conditions in Al Marjan Island support projected gross yields between 6.6 and 9.2 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether Pelagia fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 23,000/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 230,000 Due on signing SPA |
|
| Construction Phase 1 | 50% | AED 104,545/mo 11 monthly instalments |
|
| Construction Phase 2 | 10% | AED 23,000/mo 10 monthly instalments |
|
| On Handover | 30% | AED 690,000 Due at Q4 2027 |
|
| Total | AED 2,300,000 | ||
On Booking
10%
AED 230,000
Due on signing SPA
Construction Phase 1
50%
AED 104,545/mo
11 monthly instalments
Construction Phase 2
10%
AED 23,000/mo
10 monthly instalments
On Handover
30%
AED 690,000
Due at Q4 2027
Total
100%
AED 2,300,000
Questions about Pelagia
What payment plan does Pelagia offer?
Pelagia uses a 10/50/10/30 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q4 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 Pelagia fits your budget and send you comparable alternatives.
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