The Place by Prestige One in Dubai Sports City
The Place by Prestige One · Dubai Sports City, Dubai
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Launch Price
AED 700,000
Property Type
Apartment
Bedrooms
Studio, 1 - 3 Beds
Payment Plan
20/45/35
Handover
Q1 2028
Projected Yield
5.9 to 8.1%
In Dubai Sports City, The Place by Prestige One launches studio, 1 - 3 beds apartment units with prices beginning at AED 700,000. Buyers pay 20% on booking, 45% across the construction phase, and settle the final 35% on handover in Q1 2028. Market conditions in Dubai Sports City support projected gross yields between 5.9 and 8.1 percent per year for this category of off-plan. With entry at AED 700,000, the monthly instalment commitment is within reach for many international buyers. MonthlyDubai matches you for free.
Payment Plan Breakdown
From AED 13,125/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 140,000 Due on signing SPA |
|
| During Construction | 45% | AED 13,125/mo 24 monthly instalments |
|
| On Handover | 35% | AED 245,000 Due at Q1 2028 |
|
| Total | AED 700,000 | ||
On Booking
20%
AED 140,000
Due on signing SPA
During Construction
45%
AED 13,125/mo
24 monthly instalments
On Handover
35%
AED 245,000
Due at Q1 2028
Total
100%
AED 700,000
Questions about The Place by Prestige One
What payment plan does The Place by Prestige One offer?
The Place by Prestige One uses a 20/45/35 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q1 2028.
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 Place by Prestige One fits your budget and send you comparable alternatives.
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