The Residences at District One in Mohammed Bin Rashid City
The Residences at District One · Mohammed Bin Rashid City, Dubai
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Launch Price
AED 1.64M
Property Type
Apartment
Bedrooms
1 - 3 Beds
Payment Plan
10/50/40
Handover
TBC
Projected Yield
5.5 to 7.5%
The Residences at District One covers 1 - 3 beds configurations in Mohammed Bin Rashid City, Dubai, from AED 1.64M. Buyers pay 10% on booking, 50% across the construction phase, and settle the final 40% on handover. 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 Residences at District One fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 28,353/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 164,448 Due on signing SPA |
|
| During Construction | 50% | AED 28,353/mo 29 monthly instalments |
|
| On Handover | 40% | AED 657,792 Due at TBC |
|
| Total | AED 1,644,479 | ||
On Booking
10%
AED 164,448
Due on signing SPA
During Construction
50%
AED 28,353/mo
29 monthly instalments
On Handover
40%
AED 657,792
Due at TBC
Total
100%
AED 1,644,479
Questions about The Residences at District One
What payment plan does The Residences at District One offer?
The Residences at District One uses a 10/50/40 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in TBC.
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 Residences at District One fits your budget and send you comparable alternatives.
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