Shams Residence in Maryam Island
Shams Residence · Maryam Island, Dubai
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Launch Price
AED 463,000
Property Type
Apartment
Bedrooms
Studio, 1 - 4 Beds
Payment Plan
20/80
Handover
TBC
Projected Yield
6.2 to 8.7%
Shams Residence covers studio, 1 - 4 beds configurations in Maryam Island, Sharjah, from AED 463,000. The 20/80 payment structure divides the cost between construction and handover. Market conditions in Maryam Island support projected gross yields between 6.2 and 8.7 percent per year for this category of off-plan. With entry at AED 463,000, the monthly instalment commitment is within reach for many international buyers. MonthlyDubai matches you for free.
Payment Plan Breakdown
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 92,600 Due on signing SPA |
|
| On Handover | 80% | AED 370,400 Due at TBC |
|
| Total | AED 463,000 | ||
On Booking
20%
AED 92,600
Due on signing SPA
On Handover
80%
AED 370,400
Due at TBC
Total
100%
AED 463,000
Questions about Shams Residence
What payment plan does Shams Residence offer?
Shams Residence uses a 20/80 payment plan. Buyers pay 20% 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 Shams Residence fits your budget and send you comparable alternatives.
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