The Residences at Sheraton Al Marjan Island Resort in Al Marjan Island
The Residences at Sheraton Al Marjan Island Resort · Al Marjan Island, Dubai
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Launch Price
AED 2.42M
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
20/50/30
Handover
Q3 2028
Projected Yield
6.5 to 9.1%
In Al Marjan Island, The Residences at Sheraton Al Marjan Island Resort launches studio, 1 - 2 beds apartment units with prices beginning at AED 2.42M. Buyers pay 20% on booking, 50% across the construction phase, and settle the final 30% on handover in Q3 2028. Market conditions in Al Marjan Island support projected gross yields between 6.5 and 9.1 percent per year for this category of off-plan. Use MonthlyDubai's free matching service to check whether The Residences at Sheraton Al Marjan Island Resort fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 40,250/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 483,000 Due on signing SPA |
|
| During Construction | 50% | AED 40,250/mo 30 monthly instalments |
|
| On Handover | 30% | AED 724,500 Due at Q3 2028 |
|
| Total | AED 2,415,000 | ||
On Booking
20%
AED 483,000
Due on signing SPA
During Construction
50%
AED 40,250/mo
30 monthly instalments
On Handover
30%
AED 724,500
Due at Q3 2028
Total
100%
AED 2,415,000
Questions about The Residences at Sheraton Al Marjan Island Resort
What payment plan does The Residences at Sheraton Al Marjan Island Resort offer?
The Residences at Sheraton Al Marjan Island Resort uses a 20/50/30 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q3 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 Residences at Sheraton Al Marjan Island Resort fits your budget and send you comparable alternatives.
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