The Spark By Esnaad in Mohammed Bin Rashid City
The Spark By Esnaad · Mohammed Bin Rashid City, Dubai
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Launch Price
AED 1.15M
Property Type
Apartment
Bedrooms
1 - 2 Beds
Payment Plan
20/30/50
Handover
TBC
Projected Yield
5.5 to 7.5%
Buyers in Mohammed Bin Rashid City can access 1 - 2 beds apartment options at The Spark By Esnaad from AED 1.15M. A 20% booking payment secures the unit. Construction-phase instalments total 30%, with the remaining 50% due at handover. Projected gross returns run in the 5.5 to 7.5% range annually, in line with similar off-plan product in Dubai. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 11,897/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 230,000 Due on signing SPA |
|
| During Construction | 30% | AED 11,897/mo 29 monthly instalments |
|
| On Handover | 50% | AED 575,000 Due at TBC |
|
| Total | AED 1,150,000 | ||
On Booking
20%
AED 230,000
Due on signing SPA
During Construction
30%
AED 11,897/mo
29 monthly instalments
On Handover
50%
AED 575,000
Due at TBC
Total
100%
AED 1,150,000
Questions about The Spark By Esnaad
What payment plan does The Spark By Esnaad offer?
The Spark By Esnaad uses a 20/30/50 payment plan. Buyers pay 20% 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 Spark By Esnaad fits your budget and send you comparable alternatives.
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