Seagate in Mina Rashid
Launch Price
AED 1.75M
Property Type
Apartment
Bedrooms
1 - 4 Beds
Payment Plan
10/70/20
Handover
TBC
Projected Yield
5.3 to 7.4%
Seagate introduces 1 - 4 beds apartments to Mina Rashid, Dubai, starting from AED 1.75M. The payment plan is 10/70/20, with instalments spread from booking through construction to handover. Coastal regeneration in this Dubai corridor has lifted rental values, with projected gross yields running 5.3 to 7.4%. MonthlyDubai can match you with Seagate and similar projects across Dubai based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
Minimum monthly instalment during construction: AED 42,241. No mortgage or bank approval required.
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 175,000 Due on signing SPA | |
| During Construction | 70% | AED 42,241/mo 29 months | |
| On Handover | 20% | AED 350,000 Due at TBC | |
| Total | 100% | AED 1,750,000 |
Questions about Seagate
What payment plan does Seagate offer?
Seagate uses a 10/70/20 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 Seagate fits your budget and send you comparable alternatives.
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