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Solera Downtown Mina by RAK at Mina Al Arab

AED 768,000

Starting Price

50:50

Payment Plan

Q2 2028

Handover

10%

On Booking

40%

On Construction

50%

On Handover

Payment Plan

Solera Downtown Mina offers 2 payment plan options, giving buyers the flexibility to choose the financial commitment pathway that best aligns with their individual capital management preferences and investment approach.

Payment Plan Option 1 is structured as 10% down payment at sales launch, 40% during construction, and 50% on handover. At the AED 1.2 million starting price, the 10% booking deposit of AED 120,000 initiates the commitment, the 40% construction phase builds the financial position progressively toward Q2 2028, and the 50% at handover concentrates the majority payment at the moment the property is ready to deliver value. For investors whose return calculation most benefits from the largest possible deferral to the income-generating possession moment, Option 1’s 50% at handover creates the most capital-efficient pre-possession position available within the development’s financial options.

Payment Plan Option 2 is structured as 10% down payment at sales launch, 55% during construction, and 35% on handover. The higher construction-phase commitment of 55%, distributed across the timeline to Q2 2028, means that the buyer’s financial position is more substantially built up before the handover moment, resulting in a more modest 35% at handover payment. For buyers whose cash flow management at the construction-phase level is stronger than at the handover moment, or whose financial planning benefits from a lower completion payment, Option 2 provides the structure that most directly serves that preference. Both options begin with the same 10% booking deposit, and the choice between them is available through direct consultation with the RAK Properties team.

 

In Short

  • Apartment, Penthouse, Studio
  • Property Type
  • Studio, 1, 2 & 3BR Apartments, 4BR Penthouse
  • Bedrooms
  • 351 to 3,264 SQ. FT.
  • Q2 2028
  • Year Built

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