Soto Grande in Al Hamra Village
Soto Grande · Al Hamra Village, Dubai
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Launch Price
AED 1M
Property Type
Villa
Bedrooms
Studio, 1 - 4 Beds
Payment Plan
20/50/30
Handover
Q4 2029
Projected Yield
4.5 to 6.5%
Set within Al Hamra Village in Ras Al Khaimah, Soto Grande offers studio, 1 - 4 beds villas from AED 1M. Buyers pay 20% on booking, 50% across the construction phase, and settle the final 30% on handover in Q4 2029. Market conditions in Al Hamra Village support projected gross yields between 4.5 and 6.5 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether Soto Grande fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 11,111/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 200,000 Due on signing SPA |
|
| During Construction | 50% | AED 11,111/mo 45 monthly instalments |
|
| On Handover | 30% | AED 300,000 Due at Q4 2029 |
|
| Total | AED 1,000,000 | ||
On Booking
20%
AED 200,000
Due on signing SPA
During Construction
50%
AED 11,111/mo
45 monthly instalments
On Handover
30%
AED 300,000
Due at Q4 2029
Total
100%
AED 1,000,000
Questions about Soto Grande
What payment plan does Soto Grande offer?
Soto Grande uses a 20/50/30 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q4 2029.
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 Soto Grande fits your budget and send you comparable alternatives.
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