What is the price of The Pier Residences?

The Pier Residences is priced from AED 1.4M in Maritime City, Dubai.

What is the payment plan for The Pier Residences?

The Pier Residences offers a 10/50/40 payment plan with handover expected Q2 2027.

What rental yield does The Pier Residences offer?

Projected gross rental yield for The Pier Residences is 5.4 to 7.5% annually.

When is The Pier Residences handover?

The Pier Residences is scheduled for handover in Q2 2027 in Maritime City, Dubai.

Can foreigners buy The Pier Residences?

Yes. Dubai freehold zones allow any nationality to purchase off-plan property with full ownership rights and no property tax.

Dubai Coastal Growth · Dubai

The Pier Residences in Maritime City

The Pier Residences Maritime City render

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

Minimum monthly instalment during construction: AED 46,667. No mortgage or bank approval required.

Phase	%	Amount
On Booking	10%	AED 140,000 Due on signing SPA
During Construction	50%	AED 46,667/mo 15 months
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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