Residences 6 in Mohammed Bin Rashid City
Residences 6 · Mohammed Bin Rashid City, Dubai
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Launch Price
AED 3M
Property Type
Apartment
Bedrooms
1 - 3 Beds
Payment Plan
10/40/50
Handover
TBC
Projected Yield
5.5 to 7.5%
Residences 6 introduces 1 - 3 beds apartments to Mohammed Bin Rashid City, Dubai, starting from AED 3M. The payment plan is 10/40/50, with instalments spread from booking through construction to handover. Gross rental yield is projected 5.5 to 7.5% annually, reflecting typical market returns for this property type and location. MonthlyDubai can match you with Residences 6 and similar projects across Dubai based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 41,379/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 300,000 Due on signing SPA |
|
| During Construction | 40% | AED 41,379/mo 29 monthly instalments |
|
| On Handover | 50% | AED 1,500,000 Due at TBC |
|
| Total | AED 3,000,000 | ||
On Booking
10%
AED 300,000
Due on signing SPA
During Construction
40%
AED 41,379/mo
29 monthly instalments
On Handover
50%
AED 1,500,000
Due at TBC
Total
100%
AED 3,000,000
Questions about Residences 6
What payment plan does Residences 6 offer?
Residences 6 uses a 10/40/50 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in TBC.
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 Residences 6 fits your budget and send you comparable alternatives.
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