Urban Life residences in Business Bay
Urban Life residences · Business Bay, Dubai
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Launch Price
AED 890,000
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
10/35/20/35
Handover
Q2 2026
Projected Yield
5.3 to 7.3%
In Business Bay, Urban Life residences launches studio, 1 - 2 beds apartment units with prices beginning at AED 890,000. The project is scheduled for completion in Q2 2026, with payment plan details available through the developer. The prime Dubai location keeps tenant depth strong, with projected gross returns between 5.3 and 7.3 percent per year. Use MonthlyDubai's free matching service to check whether Urban Life residences fits what you can comfortably pay each month.
Payment Plan Breakdown
From AED 155,750/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 89,000 Due on signing SPA |
|
| Construction Phase 1 | 35% | AED 155,750/mo 2 monthly instalments |
|
| Construction Phase 2 | 20% | AED 178,000/mo 1 monthly instalments |
|
| On Handover | 35% | AED 311,500 Due at Q2 2026 |
|
| Total | AED 890,000 | ||
On Booking
10%
AED 89,000
Due on signing SPA
Construction Phase 1
35%
AED 155,750/mo
2 monthly instalments
Construction Phase 2
20%
AED 178,000/mo
1 monthly instalments
On Handover
35%
AED 311,500
Due at Q2 2026
Total
100%
AED 890,000
Questions about Urban Life residences
What payment plan does Urban Life residences offer?
Urban Life residences uses a 10/35/20/35 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q2 2026.
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 Urban Life residences fits your budget and send you comparable alternatives.
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