The Pier Residences in Maritime City
The Pier Residences · Maritime City, Dubai
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Launch Price
AED 1.4M
Property Type
Apartment
Bedrooms
1 - 3 Beds
Payment Plan
10/50/40
Handover
Q2 2027
Projected Yield
5.4 to 7.5%
In Maritime City, The Pier Residences launches 1 - 3 beds apartment units with prices beginning at AED 1.4M. Buyers pay 10% on booking, 50% across the construction phase, and settle the final 40% on handover in Q2 2027. Short-term lets command strong rates in this coastal Dubai location, with projected gross returns between 5.4 and 7.5 percent annually. Use MonthlyDubai's free matching service to check whether The Pier Residences fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 46,667/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 140,000 Due on signing SPA |
|
| During Construction | 50% | AED 46,667/mo 15 monthly instalments |
|
| On Handover | 40% | AED 560,000 Due at Q2 2027 |
|
| Total | AED 1,400,000 | ||
On Booking
10%
AED 140,000
Due on signing SPA
During Construction
50%
AED 46,667/mo
15 monthly instalments
On Handover
40%
AED 560,000
Due at Q2 2027
Total
100%
AED 1,400,000
Questions about The Pier Residences
What payment plan does The Pier Residences offer?
The Pier Residences uses a 10/50/40 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q2 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 The Pier Residences fits your budget and send you comparable alternatives.
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