What is the payment plan for Mirasol II?

Mirasol II by RAK Properties is sold on a 10/25/65 plan: 10% on booking, 25% during construction, 65% upon handover, as published by the developer.

How much is the booking amount for Mirasol II?

10% of the price. On the cheapest unit at AED 1.7M that is AED 168,800.

How much do I pay before I get the keys to Mirasol II?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.7M that is AED 1.7M by handover in Q3 2028.

Does Mirasol II have a post-handover payment plan?

No. The published plan completes at handover in Q3 2028.

What are the registration fees on Mirasol II?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.7M that is AED 67,520. 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 Mirasol II?

RAK Properties publishes Q3 2028, which is 24 months from now.

RAK Properties · Mina Al Arab · handover Q3 2028

Mirasol II payment plan

Mirasol II by RAK Properties in Mina Al Arab, Ras Al Khaimah is sold on a 10/25/65 payment plan. On the cheapest unit, starting from AED 1.7M, that is AED 1.7M (100%) paid by handover in Q3 2028. Handover is 24 months away.

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The Mirasol II payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	10%
During construction	25%
Upon Handover	65%

On the cheapest unit (1–3 BR, AED 1.7M)

On booking	AED 168,800
During construction	AED 422,000
Upon Handover	AED 1,097,200
Total (100%)	AED 1,688,000
Months to handover	24

Percentages as published by RAK Properties. Dirham figures are those percentages applied to the published starting price of AED 1,688,000. Registration and other fees are not included.

The Mirasol II instalment schedule, line by line

RAK Properties publishes 3 payment plans for Mirasol II. Each is shown as published, with every instalment and the charges listed alongside it.

Plan 1 of 3: Payment Plan 35/65

Published by RAK Properties

Stage	Instalment	Share	On AED 1,688,000
On booking10%	RERA Registration Feefee	fixed	AED 3,000
	On Booking	10%	AED 168,800
During construction25%	1st Installment to 3rd Installment	3 × 5%	AED 84,400 each
	4th Installment	10%	AED 168,800
Upon Handover65%	Title Deed Registration Feefee	4%	AED 67,520
	Upon handover	65%	AED 1,097,200
Total of the plan		100%	AED 1,688,000

Lines marked fee (RERA Registration Fee, Title Deed Registration 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 3: Payment Plan 50/50

Published by RAK Properties

Stage	Instalment	Share	On AED 1,688,000
On booking10%	RERA Registration Feefee	fixed	AED 3,000
	On booking	10%	AED 168,800
During construction40%	1st Installment to 8th Installment	8 × 5%	AED 84,400 each
Upon Handover50%	Title Deed Registration feefee	4%	AED 67,520
	Upon Handover	50%	AED 844,000
Total of the plan		100%	AED 1,688,000

Lines marked fee (RERA Registration Fee, Title Deed Registration 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 3 of 3: Payment Plan 65/35

Published by RAK Properties

Stage	Instalment	Share	On AED 1,688,000
On booking10%	RERA Registration Feefee	fixed	AED 3,000
	On Booking	10%	AED 168,800
During construction55%	1st Installment	5%	AED 84,400
	2nd Installment	10%	AED 168,800
	4th Installment to 5th Installment	2 × 5%	AED 84,400 each
	6th Installment	10%	AED 168,800
	7th Installment to 8th Installment	2 × 5%	AED 84,400 each
	10th Installment	10%	AED 168,800
Upon Handover35%	Title deed registration feefee	4%	AED 67,520
	Upon Handover	35%	AED 590,800
Total of the plan		100%	AED 1,688,000

Lines marked fee (RERA Registration Fee, Title deed registration 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 RAK Properties; the dirham column applies each percentage to the published starting price of AED 1,688,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Mirasol II

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

Unit	From	On booking (10%)	During construction (25%)	Upon Handover (65%)
1 bedfrom 799 sq ft	AED 1,688,000	AED 168,800	AED 422,000	AED 1,097,200
2 bedfrom 1,087 sq ft	AED 2,581,000	AED 258,100	AED 645,250	AED 1,677,650
3 bedfrom 3,236 sq ft	AED 7,439,000	AED 743,900	AED 1,859,750	AED 4,835,350
3 bedfrom 3,742 sq ft	AED 12,386,000	AED 1,238,600	AED 3,096,500	AED 8,050,900

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

What it costs to register Mirasol II

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to RAK 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.

Unit	From	Land Department 4%
1 bed	AED 1,688,000	AED 67,520
2 bed	AED 2,581,000	AED 103,240
3 bed	AED 7,439,000	AED 297,560
3 bed	AED 12,386,000	AED 495,440

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 Mirasol II

Mirasol II payment plan: questions buyers ask

What is the payment plan for Mirasol II?: Mirasol II by RAK Properties is sold on a 10/25/65 plan: 10% on booking, 25% during construction, 65% upon handover, as published by the developer.
How much is the booking amount for Mirasol II?: 10% of the price. On the cheapest unit at AED 1.7M that is AED 168,800.
How much do I pay before I get the keys to Mirasol II?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.7M that is AED 1.7M by handover in Q3 2028.
Does Mirasol II have a post-handover payment plan?: No. The published plan completes at handover in Q3 2028.
What are the registration fees on Mirasol II?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.7M that is AED 67,520. 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 Mirasol II?: RAK Properties publishes Q3 2028, which is 24 months from now.