Lunara Tower, Majan: Apartments from AED 850,000
Tarrad Development is building Lunara Tower in Majan, a residential district within Dubai's Dubailand zone. Construction broke ground in October 2026. Handover is targeted for September 2029.
Majan: What the Location Delivers
Majan sits in the Dubailand corridor, roughly 25 to 30 minutes from Downtown Dubai and Business Bay in standard traffic. The area is in the eastern Dubailand belt, close to Global Village. It is not a central address, and the pricing reflects that. The district offers a self-contained residential environment at mid-market prices, suited to buyers who want community living without paying for a central postcode.
For an investor, the rental pool here draws from the mid-market segment: families, working professionals, and longer-term residents. The commute to major employment zones is workable, and the combination of price and space is the fundamental draw.
AED 850,000 to AED 1,200,000: What the Spread Means
The range runs from AED 850,000 to AED 1,200,000, a spread of AED 350,000 across apartments. Within a single property type, a difference of that size usually reflects floor level, unit size, and view rather than fundamentally different products. A buyer at AED 850,000 is most likely looking at a lower floor with a compact layout. A buyer at AED 1,200,000 gets more space, a better position in the building, or both.
Both ends sit in the mid-market band for Dubai apartments. For an investor, the entry price reaches the broadest segment of Dubai's rental pool. For an owner-occupier, this is a realistic path to ownership in a purpose-built community without reaching into a higher price bracket.
Apartments Only
Lunara Tower delivers apartments as the sole property type. That focus keeps the community consistent throughout the building. For an investor, the tenant profile concentrates on singles, couples, and small families, the core of Dubai's mid-market rental demand. For an owner-occupier, it means sharing the building with residents in comparable situations.
What the Amenity Set Covers
| Category | Amenities |
|---|---|
| Fitness & Recreation | Gymnasium, Indoor Swimming Pool |
| Outdoor & Landscaping | Landscaped Gardens |
| Family | Children's Play Area |
| Dining | Restaurants |
| Safety | CCTV Security |
An indoor pool gives residents a year-round swimming option. Dubai's heat makes outdoor pools impractical for several months each year; the indoor alternative removes that limitation. The children's play area and in-building restaurant together suggest a project designed for residents who want daily needs met within the development. The overall package is functional and coherent for a mid-market residential building targeting families and working professionals.
Three Years to Handover
Construction broke ground in October 2026 and the target handover is September 2029. The project is at its earliest stage. For an off-plan buyer entering now, that means roughly three years before occupation or rental income begins. The upside is access to pricing at the start of the build cycle. The trade-off is the longest possible wait from purchase to possession.
Getting In at 50% Down
| Stage | Percentage |
|---|---|
| Down payment | 50% |
| Handover | 50% |
The down payment is 50% of the purchase price, due at signing. The remaining 50% falls due at handover in September 2029. There are no staged payments during the construction period.
A 50% down payment is a significant upfront commitment. For a buyer at AED 1,000,000, that means AED 500,000 due immediately and AED 500,000 due when keys are released in 2029. The two-step structure concentrates the total cost into two equal payments, with no intermediate milestones between deposit and delivery. It suits buyers with capital available in two tranches rather than spread across the build.