Major Developers

Manta Bay Payment Plan - Al Marjan, RAK

Apartments

Studios, 1 & 2 Bedrooms

Size

392 to 1,836 sq. ft.

Handover

Q4 - 2026

Starting Price

AED 1.2 M

Payment Plan

The Manta Bay apartments by Major Developers offers 60/40 payment plan, the buyers will only be required to pay 5%. There will be 55% due during construction, and the remaining 40% is to be paid at handover.

Option I - Easy Installments 60/40 Payment Plan

Installment	Payment (%)	Milestone
Down Payment	5%	On Booking Date
1st Installment	25%	After booking date
2nd Installment	2%	Within 2 months from booking date
3rd Installment	2%	Within 4 months from booking date
4th Installment	2%	Within 6 months from booking date
5th Installment	2%	Within 8 months from booking date
6th Installment	2%	Within 10 months from booking date
7th Installment	2%	Within 12 months from booking date
8th Installment	2%	Within 14 months from booking date
9th Installment	2%	Within 16 months from booking date
10th Installment	2%	Within 18 months from booking date
11th Installment	2%	Within 20 months from booking date
12th Installment	2%	Within 22 months from booking date
13th Installment	2%	Within 24 months from booking date
14th Installment	2%	Within 26 months from booking date
15th Installment	2%	Within 28 months from booking date
16th Installment	2%	Within 30 months from booking date
Final Installment	40%	On Handover

Option II - Easy Installments 70/30 Payment Plan

Installment	Payment (%)	Milestone
Down Payment	5%	On Booking Date
1st Installment	15%	After booking date
2nd Installment	5%	Within 3 months from booking date
3rd Installment	5%	Within 6 months from booking date
4th Installment	5%	Within 9 months from booking date
5th Installment	5%	Within 12 months from booking date
6th Installment	5%	Within 15 months from booking date
7th Installment	5%	Within 18 months from booking date
8th Installment	5%	Within 21 months from booking date
9th Installment	5%	Within 24 months from booking date
10th Installment	5%	Within 27 months from booking date
11th Installment	5%	Within 30 months from booking date
Final Installment	30%	On Handover

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