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RAK Properties

Lunara at The Strand

Al Marjan IslandOff-plan

Starting price
From ≈ USD 349K
Handover
Conflicting official information — anticipated Q1 2029, current developer page lists timing as TBC
Payment plan
Not verified
Property types
Apartment, Penthouse

Images published by the developer or master developer. Renders are artist impressions and may differ from the delivered product.

Official developer media
Investment viewOur read on the project, strengths, payment plan and bank financing

Bank financing

Off-plan financing status: Not verified

No lender terms have been verified for this project yet. Financing availability is decided by each bank case by case.

Lender terms change without notice and are not a financing offer or approval.

Evidence & sourcesWhat is verified, what is not, and where every fact comes from

Resale and exit

Resale and assignment terms: Not officially verified by RAYDOR. Terms are recorded per project from the developer's own documentation. RAYDOR does not carry a condition across from another project by the same developer, community or emirate. Treat pre-completion exit as unconfirmed until the SPA is reviewed.

What is verified, and what is not

Evidence coverage

3 of 8 key decision fields verified by RAYDOR

This counts verified evidence only. It is not a score, a rating or a view on whether this project is a good investment.

Not yet verified: Payment plan, Ownership type, Resale terms before handover, Foreign-ownership eligibility, Official source on file.

Starting price — From AED 1.28M

Basis of this figure: Official sales-launch press release (27 Feb 2026): "competitive prices starting from AED 1.28m", scope = 1–2 bedroom apartments. Launch pricing; the live project page currently publishes no price.

This project releases Apartment · Penthouse. RAYDOR does not hold a separately verified starting price for each property type, so this figure is not attributed to any one of them.

Sources last checked on 2026-08-14.

Secondary reporting (corroboration only)

Not yet verified

  • Payment plan
  • Resale payment threshold before handover
  • Resale NOC requirement and fee
  • Bank financing details

RAYDOR leaves these blank rather than estimating them.

Full detailsOverview, quick facts, units, area, developer, location and FAQ

Project overview

Developer
RAK Properties
Location
Al Marjan Island
Project type
Residential development of 583 homes
Starting price
From ≈ USD 349K
Unit types
1–3 bedroom apartments and penthouses
Launch date
5 March 2026 (announced 27 February 2026)
Sales status
Selling
Handover
Conflicting official information — anticipated Q1 2029, current developer page lists timing as TBC
Construction status
Off-plan
Payment plan
Not officially verified by RAYDOR

Area context — Al Marjan Island

Man-made island group and the location of the Wynn Al Marjan Island integrated resort, driving RAK's branded-residence and hospitality pipeline.

Read the full Al Marjan Island area guide

Location

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