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EZRE

RAK Properties · Al Marjan Island · handover Q1 2029

The Strand Lunara payment plan

The Strand Lunara by RAK Properties in Al Marjan Island, Ras Al Khaimah is sold on a 10/30/60 payment plan. On the cheapest unit, starting from AED 1.1M, that is AED 1.1M (100%) paid by handover in Q1 2029. Handover is 30 months away.

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The Strand Lunara payment plan in dirhams

Payment plan as published by the developer

StageShare
On Booking10%
During Construction30%
On Handover60%

On the cheapest unit (1–2 BR, AED 1.1M)

On BookingAED 107,000
During ConstructionAED 321,000
On HandoverAED 642,000
Total (100%)AED 1,070,000
Months to handover30

Percentages as published by RAK Properties. Dirham figures are those percentages applied to the published starting price of AED 1,070,000. Registration and other fees are not included.

The The Strand Lunara instalment schedule, line by line

Every instalment RAK Properties publishes for The Strand Lunara, in order, with the charges listed alongside the plan.

Payment Plan 40/60

Published by RAK Properties

StageInstalmentShareOn AED 1,070,000
On Bookingas published10%AED 107,000
During Construction30%Installment to Installment6 × 5%AED 53,500 each
On Handoveras published60%AED 642,000
Total of the plan100%AED 1,070,000

Instalments and charges as published by RAK Properties; the dirham column applies each percentage to the published starting price of AED 1,070,000. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at The Strand Lunara

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

UnitFromOn Booking (10%)During Construction (30%)On Handover (60%)
1 bedfrom 599 sq ftAED 1,070,000AED 107,000AED 321,000AED 642,000
2 bedfrom 1,229 sq ftAED 2,210,000AED 221,000AED 663,000AED 1,326,000

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 The Strand Lunara

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.

UnitFromLand Department 4%
1 bedAED 1,070,000AED 42,800
2 bedAED 2,210,000AED 88,400

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 The Strand Lunara

The Strand Lunara payment plan: questions buyers ask

What is the payment plan for The Strand Lunara?
The Strand Lunara by RAK Properties is sold on a 10/30/60 plan: 10% on booking, 30% during construction, 60% on handover, as published by the developer.
How much is the booking amount for The Strand Lunara?
10% of the price. On the cheapest unit at AED 1.1M that is AED 107,000.
How much do I pay before I get the keys to The Strand Lunara?
100% of the price, the payment due on handover day included. On the cheapest unit at AED 1.1M that is AED 1.1M by handover in Q1 2029.
Does The Strand Lunara have a post-handover payment plan?
No. The published plan completes at handover in Q1 2029.
What are the registration fees on The Strand Lunara?
The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.1M that is AED 42,800. 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 The Strand Lunara?
RAK Properties publishes Q1 2029, which is 30 months from now.

Payment plans in Al Marjan Island

RAK Properties payment plans

Other RAK Properties payment plans

starting from

AED 1.1M

handover Q1 2029

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