Mirasol 2 at Mina Al Arab by RAK

Payment Plan

The 50:50 payment plan at Mirasol Phase 2 by RAK Properties is distinguished by the availability of three separate options, each structuring the pre-handover and handover payment differently to serve the specific capital position, financial planning preference, and investment approach of a different buyer profile, creating a financial flexibility whose depth and whose buyer-intelligence make it one of the most completely conceived payment architectures available in the current Mina Al Arab new launch residential market.

Option 1, structured as 50% during construction and 50% on handover, serves the buyer whose financial planning preference is for the most balanced and the most symmetrically distributed payment structure available within the Mirasol Phase 2 options, with equal pre-handover and handover commitments creating the most predictable and the most evenly paced financial journey from the construction phase through to the Q3 2028 possession. Option 2, structured as 35% during construction and 65% on handover, serves the buyer whose capital position and financial planning preference support a reduced construction-phase obligation in exchange for a larger handover payment, creating the most modest ongoing pre-handover financial commitment available within the three-option range and deferring the development’s most substantial capital deployment to the Q3 2028 possession moment when the Mirasol apartment, duplex, or penthouse is ready to occupy or to tenant. For the investor whose Q3 2028 rental income from a quality RAK Properties Mina Al Arab waterfront property is expected to contribute meaningfully to the handover payment service, Option 2 creates the most income-aligned and the most financially efficient investment structure available within the Mirasol Phase 2 payment options. Option 3, structured as 65% during construction and 35% on handover, serves the buyer whose capital position supports a larger construction-phase commitment and whose preference for a reduced handover payment at the Q3 2028 possession moment reflects a financial planning approach that values the minimisation of the possession-phase capital obligation over the reduction of the construction-phase ongoing commitment.

The flexibility of choosing between Option 1, Option 2, and Option 3 within the same 50:50 overall structure is the payment plan feature that most directly and the most practically distinguishes Mirasol Phase 2 from the single-option payment architecture of the majority of comparable Mina Al Arab new launches, giving every buyer the ability to approach the commitment in the way that most completely reflects their individual capital position and financial planning preference rather than adapting their financial planning to a single structure that may not optimally serve their specific circumstances.