POST PAYMENT PLAN 40/60

1. What is Lunara Residence at Marjan Beach?
Lunara is a residential development within The Strand masterplan, offering modern apartments and penthouses in Ras Al Khaimah.

2. Where is Lunara located?
The project is located in the Urban District of Al Marjan Island, specifically within the Marjan Beach District.

3. Who is the developer of Lunara Residence?
The development is built by RAK Properties, a leading master developer in Ras Al Khaimah.

4. What types of properties are available in Lunara?
The project offers 1-bedroom and 2-bedroom apartments, as well as a limited number of 3-bedroom penthouses.

5. How many units are in Lunara Residence?
The development includes approximately 583 residential units across three buildings.

6. What is the starting price of Lunara?
Prices start from approximately AED 1.28 million depending on unit type and availability.

7. What is the payment plan for Lunara Residence?
The project offers a 40/60 payment plan, with installments during construction and the balance on handover.

8. When is the handover date for Lunara?
The expected completion date is Q1 2029.

9. What unit sizes are available in Lunara?
Unit sizes range from approximately 598 sq. ft. to over 2,800 sq. ft. depending on layout.

10. Is Lunara close to the beach?
Yes, the project is located about 2 minutes from Marjan Beach.

11. Is Lunara close to Wynn Resort?
Yes, it is located around 5 minutes from the upcoming Wynn Resort.

12. What amenities are available at Lunara Residence?
Amenities include swimming pools, gym, yoga areas, co-working spaces, clubhouse, retail outlets, and landscaped areas.

13. What is The Strand masterplan?
The Strand is a mixed-use waterfront community integrating residential, retail, and lifestyle spaces within a walkable environment.

14. What makes Lunara Residence unique?
Lunara is the first residential release within The Strand, offering early investment positioning in a master-planned district.

15. Is Lunara a freehold property?
Yes, properties in this area are available as freehold for all nationalities.

16. Is Lunara suitable for investment?
Yes, it benefits from tourism growth, proximity to Wynn Resort, and limited early-phase supply.

17. What rental returns can be expected in Lunara?
Rental yields in the area are estimated around 5–6% depending on market conditions.

18. What lifestyle does Lunara offer?
The project offers an urban coastal lifestyle combining beachfront proximity, walkable retail, and community living.