Souq Al Mamsha in Muwaileh
Souq Al Mamsha · Muwaileh, Dubai
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Launch Price
AED 629,000
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
5/35/60
Handover
Q4 2026
Projected Yield
6.0 to 8.2%
Souq Al Mamsha covers studio, 1 - 2 beds configurations in Muwaileh, Sharjah, from AED 629,000. Buyers pay 5% on booking, 35% across the construction phase, and settle the final 60% on handover in Q4 2026. Market conditions in Muwaileh support projected gross yields between 6.0 and 8.2 percent per year for this category of off-plan. With entry at AED 629,000, the monthly instalment commitment is within reach for many international buyers. MonthlyDubai matches you for free.
Payment Plan Breakdown
From AED 24,461/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 5% | AED 31,450 Due on signing SPA |
|
| During Construction | 35% | AED 24,461/mo 9 monthly instalments |
|
| On Handover | 60% | AED 377,400 Due at Q4 2026 |
|
| Total | AED 629,000 | ||
On Booking
5%
AED 31,450
Due on signing SPA
During Construction
35%
AED 24,461/mo
9 monthly instalments
On Handover
60%
AED 377,400
Due at Q4 2026
Total
100%
AED 629,000
Questions about Souq Al Mamsha
What payment plan does Souq Al Mamsha offer?
Souq Al Mamsha uses a 5/35/60 payment plan. Buyers pay 5% at booking, with the remaining spread across construction and handover in Q4 2026.
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 Souq Al Mamsha fits your budget and send you comparable alternatives.
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