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Mantra Properties · Al Marjan Island · handover Q4 2027

Jacob & Co Residences by Mantra payment plan

Jacob & Co Residences by Mantra by Mantra Properties in Al Marjan Island, Ras Al Khaimah is sold on a 20/20/60 payment plan. On the cheapest unit, starting from AED 1.1M, that is AED 1.1M (100%) paid by handover in Q4 2027. Handover is 15 months away.

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The Jacob & Co Residences by Mantra payment plan in dirhams

Payment plan as published by the developer

StageShare
On Booking20%
During Construction20%
On Handover60%

On the cheapest unit (Studio–2 BR, AED 1.1M)

On BookingAED 215,978
During ConstructionAED 215,978
On HandoverAED 647,933
Total (100%)AED 1,079,888
Months to handover15

Percentages as published by Mantra Properties. Dirham figures are those percentages applied to the published starting price of AED 1,079,888. Registration and other fees are not included.

The Jacob & Co Residences by Mantra instalment schedule, line by line

Mantra Properties publishes 2 payment plans for Jacob & Co Residences by Mantra. Each is shown as published, with every instalment and the charges listed alongside it.

Plan 1 of 2: 40/60 Payment Plan For 2BR

Published by Mantra Properties

StageInstalmentShareOn AED 1,079,888
On Booking20%On Booking20%AED 215,978
Admin FeefeefixedAED 5,250
During Construction20%6 months from booking10%AED 107,989
12 months from booking10%AED 107,989
On Handover60%On Handover60%AED 647,933
RAK Municipality feefee4%AED 43,196
Total of the plan100%AED 1,079,888

Lines marked fee (Admin Fee, RAK Municipality fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Plan 2 of 2: Payment Plan (For Studio, 1 BR)

Published by Mantra Properties

StageInstalmentShareOn AED 1,079,888
On Booking20%On Booking20%AED 215,978
Admin FeefeefixedAED 5,250
During Construction30%6 months from booking10%AED 107,989
12 months from booking10%AED 107,989
18 months from booking10%AED 107,989
On Handover50%On Handover50%AED 539,944
RAK Municipality feefee4%AED 43,196
Total of the plan100%AED 1,079,888

Lines marked fee (Admin Fee, RAK Municipality fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by Mantra Properties; the dirham column applies each percentage to the published starting price of AED 1,079,888. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Jacob & Co Residences by Mantra

The same plan, applied to the starting price Mantra Properties publishes for each size in the building.

UnitFromOn Booking (20%)During Construction (20%)On Handover (60%)
Studiofrom 302 sq ftAED 1,079,888AED 215,978AED 215,978AED 647,933
1 bedfrom 754 sq ftAED 2,217,888AED 443,578AED 443,578AED 1,330,733
2 bedfrom 1,010 sq ftAED 3,248,888AED 649,778AED 649,778AED 1,949,333

Starting price per size as published by Mantra Properties; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Jacob & Co Residences by Mantra

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Mantra Properties and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

UnitFromLand Department 4%
StudioAED 1,079,888AED 43,196
1 bedAED 2,217,888AED 88,716
2 bedAED 3,248,888AED 129,956

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on Jacob & Co Residences by Mantra

Jacob & Co Residences by Mantra payment plan: questions buyers ask

What is the payment plan for Jacob & Co Residences by Mantra?
Jacob & Co Residences by Mantra by Mantra Properties is sold on a 20/20/60 plan: 20% on booking, 20% during construction, 60% on handover, as published by the developer.
How much is the booking amount for Jacob & Co Residences by Mantra?
20% of the price. On the cheapest unit at AED 1.1M that is AED 215,978.
How much do I pay before I get the keys to Jacob & Co Residences by Mantra?
100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.1M that is AED 1.1M by handover in Q4 2027.
Does Jacob & Co Residences by Mantra have a post-handover payment plan?
No. The published plan completes at handover in Q4 2027.
What are the registration fees on Jacob & Co Residences by Mantra?
The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.1M that is AED 43,196. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of Jacob & Co Residences by Mantra?
Mantra Properties publishes Q4 2027, which is 15 months from now.

Payment plans in Al Marjan Island

starting from

AED 1.1M

handover Q4 2027

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