Sunshine Bay in Al Marjan Island
Sunshine Bay · Al Marjan Island, Dubai
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Launch Price
AED 980,000
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
40/20/40
Handover
Q1 2027
Projected Yield
7.0 to 9.8%
In Al Marjan Island, Sunshine Bay launches studio, 1 - 2 beds apartment units with prices beginning at AED 980,000. Buyers pay 40% on booking, 20% across the construction phase, and settle the final 40% on handover in Q1 2027. Market conditions in Al Marjan Island support projected gross yields between 7.0 and 9.8 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether Sunshine Bay fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 16,333/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 40% | AED 392,000 Due on signing SPA |
|
| During Construction | 20% | AED 16,333/mo 12 monthly instalments |
|
| On Handover | 40% | AED 392,000 Due at Q1 2027 |
|
| Total | AED 980,000 | ||
On Booking
40%
AED 392,000
Due on signing SPA
During Construction
20%
AED 16,333/mo
12 monthly instalments
On Handover
40%
AED 392,000
Due at Q1 2027
Total
100%
AED 980,000
Questions about Sunshine Bay
What payment plan does Sunshine Bay offer?
Sunshine Bay uses a 40/20/40 payment plan. Buyers pay 40% at booking, with the remaining spread across construction and handover in Q1 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 Sunshine Bay fits your budget and send you comparable alternatives.
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