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The Strand Community by RAK at Al Marjan

AED 1,280,000

Starting Price

40:60

Payment Plan

Q1 2029

Handover

10%

On Booking

30%

On Construction

60%

On Handover

Payment Plan

The 40/60 payment plan at The Strand Community is structured with the same clarity and buyer-friendliness that characterises RAK Properties’ approach to the financial architecture of their residential products, whose accessibility at the island’s entry price level of AED 1.28 million reflects the master developer’s commitment to making quality beach community ownership on Al Marjan available to the widest possible range of serious buyers rather than only to those with the capital reserves that highly front-loaded payment structures require.

10% is due on the booking date, which at the AED 1.28 million starting price means the initial capital required to secure a Strand Community apartment is AED 128,000. For a RAK Properties master developer beach community apartment on Al Marjan Island with Q1 2029 possession, a 10% booking deposit whose absolute amount is among the most accessible initial commitments available from the island’s own developer at this address and quality level.

30% is paid during construction via easy instalments that track the project’s progress toward Q1 2029 completion. This 30% construction phase commitment is distributed across the development timeline in manageable and predictable amounts, giving buyers the confidence that their payments are aligned with real physical progress on an Al Marjan Island development whose construction management is under the authority of the master developer whose institutional infrastructure and development experience across the island give the construction process the most credible delivery backing available in the UAE’s northern emirates off-plan market.

60% is due at 100% completion on handover in Q1 2029, which is the payment plan’s most powerful and most investor-aligned feature. By deferring 60% of the purchase price to the moment of 100% completion, the plan ensures that the largest single portion of the financial commitment arrives at the exact point when the beach community apartment is ready to deliver value, whether through occupation or through immediate rental income commencement. For investors, the 60% at completion coincides with the point at which the apartment can be tenanted and income-generating, creating the most direct possible alignment between the largest capital outgoing and the beginning of productive return. For owner-occupiers, it means the home is occupied from the day the major financial commitment is made.

Q1 2029 possession from RAK Properties, the master developer of Al Marjan Island itself, carries the institutional delivery credibility of an organisation whose entire business is built around and depends on the quality of its island development commitments.

 

In Short

  • Apartment, Penthouse
  • Property Type
  • 1 & 2BR Apartment, 3BR Penthouse
  • Bedrooms
  • 598 to 2,852 SQ. FT.
  • Q1 2029
  • Year Built

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