What is the payment plan for Solera Downtown Mina?

Solera Downtown Mina 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 Solera Downtown Mina?

10% of the price. On the cheapest unit at AED 809K that is AED 80,900.

How much do I pay before I get the keys to Solera Downtown Mina?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 809K that is AED 809K by handover in Q2 2028.

Does Solera Downtown Mina have a post-handover payment plan?

No. The published plan completes at handover in Q2 2028.

What are the registration fees on Solera Downtown Mina?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 809K that is AED 32,360. 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 Solera Downtown Mina?

RAK Properties publishes Q2 2028, which is 21 months from now.

RAK Properties · Mina Al Arab · handover Q2 2028

Solera Downtown Mina payment plan

Solera Downtown Mina 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 809K, that is AED 809K (100%) paid by handover in Q2 2028. Handover is 21 months away.

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The Solera Downtown Mina 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 809K)

On booking	AED 80,900
During construction	AED 202,250
Upon Handover	AED 525,850
Total (100%)	AED 809,000
Months to handover	21

Percentages as published by RAK Properties. Dirham figures are those percentages applied to the published starting price of AED 809,000. Registration and other fees are not included.

The Solera Downtown Mina instalment schedule, line by line

RAK Properties publishes 3 payment plans for Solera Downtown Mina. 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 809,000
On booking10%	RERA Registration Feefee	fixed	AED 3,000
	On Booking	10%	AED 80,900
During construction25%	1st Installment to 3rd Installment	3 × 5%	AED 40,450 each
	4th Installment	10%	AED 80,900
Upon Handover65%	Title Deed Registration feefee	4%	AED 32,360
	Upon Handover	63%	AED 509,670
Total of the plan		98%	AED 792,820

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 809,000
On booking10%	RERA Registration Feefee	fixed	AED 3,000
	On Booking	10%	AED 80,900
During construction40%	1st Installment to 6th Installment	6 × 5%	AED 40,450 each
	7th Installment	10%	AED 80,900
Upon Handover50%	Title Deed Registration feefee	4%	AED 32,360
	Upon Handover	50%	AED 404,500
Total of the plan		100%	AED 809,000

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 809,000
On booking10%	RERA Registration Feefee	fixed	AED 3,000
	On booking	10%	AED 80,900
During construction55%	1st Installment	5%	AED 40,450
	2nd Installment	10%	AED 80,900
	3rd Installment to 4th Installment	2 × 5%	AED 40,450 each
	5th Installment	10%	AED 80,900
	6th Installment to 7th Installment	2 × 5%	AED 40,450 each
	8th Installment	10%	AED 80,900
Upon Handover35%	Title Deed Registration Feefee	4%	AED 32,360
	Upon handover	35%	AED 283,150
Total of the plan		100%	AED 809,000

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 809,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Solera Downtown Mina

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%)
Studiofrom 396 sq ft	AED 809,000	AED 80,900	AED 202,250	AED 525,850
1 bedfrom 621 sq ft	AED 1,227,000	AED 122,700	AED 306,750	AED 797,550
2 bedfrom 1,627 sq ft	AED 2,346,000	AED 234,600	AED 586,500	AED 1,524,900
3 bedfrom 2,146 sq ft	AED 3,071,000	AED 307,100	AED 767,750	AED 1,996,150

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 Solera Downtown Mina

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%
Studio	AED 809,000	AED 32,360
1 bed	AED 1,227,000	AED 49,080
2 bed	AED 2,346,000	AED 93,840
3 bed	AED 3,071,000	AED 122,840

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 Solera Downtown Mina

Solera Downtown Mina payment plan: questions buyers ask

What is the payment plan for Solera Downtown Mina?: Solera Downtown Mina 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 Solera Downtown Mina?: 10% of the price. On the cheapest unit at AED 809K that is AED 80,900.
How much do I pay before I get the keys to Solera Downtown Mina?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 809K that is AED 809K by handover in Q2 2028.
Does Solera Downtown Mina have a post-handover payment plan?: No. The published plan completes at handover in Q2 2028.
What are the registration fees on Solera Downtown Mina?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 809K that is AED 32,360. 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 Solera Downtown Mina?: RAK Properties publishes Q2 2028, which is 21 months from now.