Selora Residences in Mohammed Bin Rashid City
Selora Residences · Mohammed Bin Rashid City, Dubai
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Launch Price
AED 12.5M
Property Type
Villa
Bedrooms
4 - 6 Beds
Payment Plan
15/15/70
Handover
Q2 2027
Projected Yield
4.6 to 6.6%
Priced from AED 12.5M, Selora Residences adds 4 - 6 beds villas to the Mohammed Bin Rashid City market in Dubai. The payment plan is 15/15/70: 15% secures the unit, 15% is paid during construction, and 70% falls due at handover in Q2 2027. Gross rental yield is projected 4.6 to 6.6% annually, reflecting typical market returns for this property type and location. MonthlyDubai works across all budget levels, including premium assets like Selora Residences. Tell us your monthly capacity and we will match you.
Payment Plan Breakdown
From AED 125,040/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 15% | AED 1,875,600 Due on signing SPA |
|
| During Construction | 15% | AED 125,040/mo 15 monthly instalments |
|
| On Handover | 70% | AED 8,752,800 Due at Q2 2027 |
|
| Total | AED 12,504,000 | ||
On Booking
15%
AED 1,875,600
Due on signing SPA
During Construction
15%
AED 125,040/mo
15 monthly instalments
On Handover
70%
AED 8,752,800
Due at Q2 2027
Total
100%
AED 12,504,000
Questions about Selora Residences
What payment plan does Selora Residences offer?
Selora Residences uses a 15/15/70 payment plan. Buyers pay 15% 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 Selora Residences fits your budget and send you comparable alternatives.
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