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Hayat Island

Porto Playa

1 BR · Apartment

About the building

Located in Hayat Island, currently under construction. Developer — Ellington Properties Development.

Specifications for Porto Playa as published by the developer — the project is under construction, so there is no Land Department record yet. They describe the whole building, not the individual unit.

Video

Video: Porto Playa

Reviews from the English YouTube channel — each one with a written breakdown on this site.

Handover payment

A mortgage covers the final instalment

The final payment on this building falls in 2027 — under off-plan plans that is 40–60% of the price in one go. A UAE bank closes it: the flat becomes the security, and nothing is added on top of what the developer has already been paid.

  • Up to 80% of the appraised value, no extra down payment
  • 3.99% fixed for three years, up to 25 years in term
  • 6–12 months before the keys — the bank wants six months of income history

Already been invoiced, or missed the date? That is not a dead end either — write and we will look at what the developer will accept.

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