Wynwood Horizon Meydan · Imtiaz Developments This project was completed in Q4 2025. The price shown is the original launch price. Availability is through the resale market. Contact us to ask what is currently for sale.
Project details
Starting price AED 800,000 ≈ € 192,000 What will my monthly payments be?
Payment plan 60/40 60% during construction, 40% at handover
Handover Q4 2025 Completed
About Solcasa Residence
Amenities
Payment plan for Solcasa Residence
60%40%
60%
During construction, in instalments
AED 480,000
≈ € 115,000
40%
After handover
AED 320,000
≈ € 77,000
Percentages are based on the starting price and are indicative. The developer determines the exact instalments. Please contact us for more information about the payment plans.
Monthly payments and your own funds
How much do you need for Solcasa Residence, and what will your monthly payments be if you finance part of the price at handover?
Monthly payments after handover
AED 1,619
≈ € 390 per month
Maximum mortgage in your situation: 50% of the purchase price
- Your funds during constructionin instalments according to the payment plan
- AED 480,000≈ € 115,200
- Your funds at handover
- AED 0≈ € 0
- Mortgage at handover
- AED 320,000≈ € 76,800
- Purchase costs4% DLD fee and mortgage costs
- AED 36,870≈ € 8,800
- Total funds required
- AED 516,870≈ € 124,000
How does a mortgage work for off-plan property in Dubai?
You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.
| Situation (UAE resident) | Maximum mortgage |
|---|---|
| First home up to AED 5m | 80% |
| First home above AED 5m | 70% |
| Second home or investment | 60% |
| Off-plan, before handover | 50% |
Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.
Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.
Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.
An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.
Floor plans
Photos of Solcasa Residence
Location
Meydan Dubai, Dubai
Open in Google Maps 
About Matrix
Matrix boasts an impressive portfolio of off-plan property projects in Dubai, ranging from modern residential towers to mixed-use developments with residential and commercial spaces. These projects are situated in strategic locations such as Downtown Dubai, Dubai Marina, and Business Bay, where the demand for high-quality real estate continues to grow. An example is the recently announced project "Matrix Horizon", a luxury residential tower with views of the Burj Khalifa, featuring premium facilities such as an infinity pool and private wellness areas. Sizes range from 60 m2 for studios to 250 m2 for penthouse units, with prices starting from AED 1,200,000. Off-plan investment with Matrix offers the opportunity to enter the market early, often on more favourable terms than with completed projects. Contact us for a full list of available projects.
Matrix is one of the most experienced property developers in Dubai, with a history dating back to the beginning of the 21st century. The company has since established itself as a reliable partner for investors, with a track record of timely completions and high-quality finishes. Iconic projects such as "Matrix Tower" in Business Bay and "The Vantage" in Jumeirah Village Circle have contributed to the developer's strong reputation. Matrix has won multiple international property awards, including the Arabian Property Awards for best architecture. Through consistent growth and innovation, Matrix remains a leading player in Dubai's off-plan market. Their projects attract both local and international investors, partly due to their transparent approach and focus on sustainability.
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Tura Residence Meydan · Namat Developers Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.