Saeed Tarrad Real Estate Development · Majan · handover Q3 2029
Lunara Tower payment plan, price and handover
Lunara Tower by Saeed Tarrad Real Estate Development in Majan, Dubai is sold on a 50/50 payment plan. On the cheapest unit, starting from AED 850K, that is AED 850K (100%) paid by handover in Q3 2029. Handover is 35 months away.
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The Lunara Tower payment plan in dirhams
Payment plan as published by the developer
| Stage | Share |
|---|---|
| On booking | 50% |
| Upon Handover | 50% |
On the cheapest unit (1 BR, 530 sqft, AED 850K)
| On booking | AED 425,000 |
| Upon Handover | AED 425,000 |
| Total (100%) | AED 850,000 |
| Months to handover | 35 |
Percentages as published by Saeed Tarrad Real Estate Development. Dirham figures are those percentages applied to the published starting price of AED 850,000. Registration and other fees are not included.
The Lunara Tower instalment schedule, line by line
Every instalment Saeed Tarrad Real Estate Development publishes for Lunara Tower, in order, with the charges listed alongside the plan.
Payment Plan 50/50
Published by Saeed Tarrad Real Estate Development
| Stage | Instalment | Share | On AED 850,000 |
|---|---|---|---|
| On booking | as published | 50% | AED 425,000 |
| Upon Handover50% | DLDfee | 4% | AED 34,000 |
| Admin fee | fixed | AED 4,000 | |
| Total of the plan | 100% | AED 850,000 | |
Lines marked fee (DLD, Admin 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 Saeed Tarrad Real Estate Development; the dirham column applies each percentage to the published starting price of AED 850,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.
What each unit size pays at Lunara Tower
The same plan, applied to the starting price Saeed Tarrad Real Estate Development publishes for each size in the building.
| Unit | From | On booking (50%) | Upon Handover (50%) |
|---|---|---|---|
| 1 bedfrom 530 sq ft | AED 850,000 | AED 425,000 | AED 425,000 |
| 2.5 bedfrom 821 sq ft | AED 1,200,000 | AED 600,000 | AED 600,000 |
| 2 bedfrom 812 sq ft | AED 1,150,000 | AED 575,000 | AED 575,000 |
Starting price per size as published by Saeed Tarrad Real Estate Development; each column is that size’s published starting price multiplied by the stage percentage above.
What it costs to register Lunara Tower
The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Saeed Tarrad Real Estate 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% |
|---|---|---|
| 1 bed | AED 850,000 | AED 34,000 |
| 2.5 bed | AED 1,200,000 | AED 48,000 |
| 2 bed | AED 1,150,000 | AED 46,000 |
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 Lunara Tower
Lunara Tower payment plan: questions buyers ask
- What is the payment plan for Lunara Tower?
- Lunara Tower by Saeed Tarrad Real Estate Development is sold on a 50/50 plan: 50% on booking, 50% upon handover, as published by the developer.
- How much is the booking amount for Lunara Tower?
- 50% of the price. On the cheapest unit at AED 850K that is AED 425,000.
- How much do I pay before I get the keys to Lunara Tower?
- 100% of the price, the payment due on handover day included. On the cheapest unit at AED 850K that is AED 850K by handover in Q3 2029.
- Does Lunara Tower have a post-handover payment plan?
- No. The published plan completes at handover in Q3 2029. If you sell before handover, this is how it works.
- What are the registration fees on Lunara Tower?
- The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 850K that is AED 34,000. 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 Lunara Tower?
- Saeed Tarrad Real Estate Development publishes Q3 2029, which is 35 months from now.
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