The Element at Sobha One in Mohammed Bin Rashid City
The Element at Sobha One · Mohammed Bin Rashid City, Dubai
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Launch Price
AED 1.82M
Property Type
Apartment
Bedrooms
1 - 4 Beds
Payment Plan
10/50/40
Handover
Q4 2029
Projected Yield
5.5 to 7.5%
In Mohammed Bin Rashid City, The Element at Sobha One launches 1 - 4 beds apartment units with prices beginning at AED 1.82M. Buyers pay 10% on booking, 50% across the construction phase, and settle the final 40% on handover in Q4 2029. Market conditions in Mohammed Bin Rashid City support projected gross yields between 5.5 and 7.5 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether The Element at Sobha One fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 20,222/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 182,000 Due on signing SPA |
|
| During Construction | 50% | AED 20,222/mo 45 monthly instalments |
|
| On Handover | 40% | AED 728,000 Due at Q4 2029 |
|
| Total | AED 1,820,000 | ||
On Booking
10%
AED 182,000
Due on signing SPA
During Construction
50%
AED 20,222/mo
45 monthly instalments
On Handover
40%
AED 728,000
Due at Q4 2029
Total
100%
AED 1,820,000
Questions about The Element at Sobha One
What payment plan does The Element at Sobha One offer?
The Element at Sobha One uses a 10/50/40 payment plan. Buyers pay 10% 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 The Element at Sobha One fits your budget and send you comparable alternatives.
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