Major Development · Al Marjan Island · handover Q3 2027
Manta Bay payment plan
Manta Bay by Major Development in Al Marjan Island, Ras Al Khaimah is sold on a 5/55/20, 20% post-handover payment plan. On the cheapest unit, starting from AED 1.6M, that is AED 1.3M (80%) paid by handover in Q3 2027 and AED 318K (20%) after the keys over 20 months. Handover is 12 months away.
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- BrochurePDF
- Floor plansPDF
The Manta Bay payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 5% |
| During construction | 55% |
| On Handover | 20% |
| Post handover for 20 months | 20% |
On the cheapest unit (Studio–5 BR, AED 1.6M)
| On booking | AED 79,500 |
| During construction | AED 874,500 |
| On Handover | AED 318,000 |
| Post handover for 20 months | AED 318,000 |
| Paid by handover (80%) | AED 1,272,000 |
| Months to handover | 12 |
| After handover (20%, 20 months) | AED 318,000 |
Percentages as published by Major Development. Dirham figures are those percentages applied to the published starting price of AED 1,590,000. Registration and other fees are not included.
The Manta Bay instalment schedule, line by line
Every instalment Major Development publishes for Manta Bay, in order, with the charges listed alongside the plan.
20 Month Post Handover Payment Plan
Published by Major Development
| Stage | Instalment | Share | On AED 1,590,000 |
|---|---|---|---|
| On booking | as published | 5% | AED 79,500 |
| During construction55% | 1st Installment | 15% | AED 238,500 |
| 2nd Installment to 5th Installment | 4 × 10% | AED 159,000 each | |
| On Handover20% | DLDfee | 4% | AED 63,600 |
| Post handover for 20 months20% | 1st Installment to 20th Installment | 20 × 1% | AED 15,900 each |
| Total of the plan | 100% | AED 1,590,000 | |
Lines marked fee (DLD) 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 Major Development; the dirham column applies each percentage to the published starting price of AED 1,590,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Manta Bay
The same plan, applied to the starting price Major Development publishes for each size in the building.
| Unit | From | On booking (5%) | During construction (55%) | On Handover (20%) | Post handover for 20 months (20%) |
|---|---|---|---|---|---|
| Studiofrom 392 sq ft | AED 1,590,000 | AED 79,500 | AED 874,500 | AED 318,000 | AED 318,000 |
| 1 bedfrom 836 sq ft | AED 2,700,000 | AED 135,000 | AED 1,485,000 | AED 540,000 | AED 540,000 |
| 5 bedfrom 5,585 sq ft | AED 25,000,000 | AED 1,250,000 | AED 13,750,000 | AED 5,000,000 | AED 5,000,000 |
Starting price per size as published by Major Development; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register Manta Bay
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Major Development 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.
| Unit | From | Land Department 4% |
|---|---|---|
| Studio | AED 1,590,000 | AED 63,600 |
| 1 bed | AED 2,700,000 | AED 108,000 |
| 5 bed | AED 25,000,000 | AED 1,000,000 |
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 Manta Bay
- Manta Bay: prices, units and handover
- Manta Bay floor plans and unit sizes
- Off-plan projects we list in Al Marjan Island
- Major Development projects we list
- Projects we list handing over in 2027
- Post-handover payment plans in Al Marjan Island
- Post-handover payment plans across Dubai
- Every off-plan project we list
- Ask us for the Manta Bay brochure
Manta Bay payment plan: questions buyers ask
- What is the payment plan for Manta Bay?
- Manta Bay by Major Development is sold on a 5/55/20, 20% post-handover plan: 5% on booking, 55% during construction, 20% on handover, 20% post handover for 20 months, as published by the developer.
- How much is the booking amount for Manta Bay?
- 5% of the price. On the cheapest unit at AED 1.6M that is AED 79,500.
- How much do I pay before I get the keys to Manta Bay?
- 80% of the price, the payment due on handover day included. On the cheapest unit at AED 1.6M that is AED 1.3M by handover in Q3 2027.
- Does Manta Bay have a post-handover payment plan?
- Yes. 20% (AED 318K on the cheapest unit) is paid after handover over 20 months.
- What are the registration fees on Manta Bay?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.6M that is AED 63,600. 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 Manta Bay?
- Major Development publishes Q3 2027, which is 12 months from now.
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starting from
AED 1.6M
handover Q3 2027