Lunara at The Strand by RAK at Al Marjan

Payment Plan

The 40/60 payment plan at Lunara at The Strand is structured with a clarity and a buyer-friendliness that reflects RAK Properties’ position as the master developer of Al Marjan Island and their understanding of how buyers at the AED 1.28 million and above price level manage their capital commitment across a construction timeline of this quality and address significance.

10% is due on the booking date at sales launch, which at the AED 1.28 million starting price means the initial capital required to secure a Lunara apartment is AED 128,000. For a RAK Properties master developer waterfront apartment within The Strand community at Al Marjan Island with Q1 2029 possession, a 10% booking deposit is the most financially accessible initial commitment available from the island’s own developer at this address and quality level.

30% is paid during construction, distributed across the development timeline from sales launch through to Q1 2029 completion in instalments that track the project’s construction progress. The 30% construction-phase commitment is the portion of the financial obligation that builds across the Q1 2029 timeline in manageable and predictable amounts, giving buyers the confidence that their payments are aligned with real physical progress on a RAK Properties island development whose construction management and delivery standards are as institutional as any developer in the UAE’s northern emirates.

60% is due on handover, which is the payment structure’s most significant and most investor-friendly feature. By deferring 60% of the purchase price to the moment of 100% completion in Q1 2029, the plan ensures that the largest portion of the financial commitment arrives at the exact point when the property is ready to deliver value. For investors, the 60% at handover coincides with the commencement of rental income from an Al Marjan Island waterfront apartment in a RAK Properties master community, creating the most direct and most financially efficient alignment between the largest capital deployment and the beginning of productive return. For owner-occupiers, the 60% at handover means the home is occupied and enjoyed from the day the bulk of the financial commitment is made.

Q1 2029 possession from RAK Properties, the master developer of Al Marjan Island itself, is a delivery commitment backed by the institutional infrastructure and the development authority whose organisational capability makes the timeline as credible as any available in the UAE off-plan market.