Lunara Tower (Majan) — SKID Score 6.0/10

Key information

Delivery date: Sep 2029
Location: Dubai, Majan, Lunara Tower
Payment plan: On request
Property types: Apartment
Government fee: 4%
Ownership type: Freehold
Starting price / sq.ft: AED 1,628 / sq.ft
Unit sizes: From 522 sq.ft
SKID score: 6.0 / 10 (Proceed with caution)

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Payment plan

Milestone payment plan available on request

Simulate custom installment schedules or request the latest developer rate card.

Project timeline

Project announcement
Saeed Tarrad Real Estate Development official release
Booking & registration
Open for unit reservation
Construction phase
Active development
Expected completion
Sep 2029

About the project

Proceed with caution.

Several evidenced factors are weak.

Asking price is 17.5% above nearby closed sales (+AED 243/sq.ft.)

Published starting price per sq ft is notably above historical closed transactions in this district.

Amenities

BBQ
Gaming Lounge
Paddle court
Adults’ Pool
Indoor Multipurpose Space
SPA
Coworking Zone

Units

from developer

1 BR

Floor plan not published by source

522 sq.ft · AED 1,628 / sq.ft

From AED 850K

2 BR

Floor plan not published by source

Size on request

Price on request

Floor plans & layouts

Floor plans not yet published by developer

Request the latest developer brochure and unit floor plan sheets on WhatsApp.

Request floor plans

Price comparison & DLD history

8-Factor Evidence Breakdown

7/8 factors backed by verified evidence (82% weight coverage) · skid-geo-v3.0-8factor

6.0/ 10

Historical DLD Transaction Context

Asking price is 17.5% higher than nearby completed homes (+AED 243/sq.ft.)

17.5% above comparable sales

The developer asks AED 850,000 (~AED 1,628/sq.ft. for a published 522 sq.ft. starting unit), while comparable residential homes in Majan sold for a median of AED 1,385/sq.ft. (AED 723,247 for the same size).

1. Published Asking Price

AED 1,628 / sq.ft.

AED 850,000 starting price · 522 sq.ft.

2. Historical Nearby Closed Sales

AED 1,385 / sq.ft.

~AED 723,247 for the same size

3. Spread vs Historical Median

+AED 243 / sq.ft. (+17.5%)

+AED 126,753 vs historical median

Show bar comparison & transaction context

Published Launch AskAED 1,628 / sq.ft.

Historical Nearby Closed Sales MedianAED 1,385 / sq.ft.

Historical transaction context: The asking rate is 17.5% (~AED 126,753 on a 522 sq.ft. unit) above recent nearby completed homes in Majan. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 17.5% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Get an available quotation

Select a verified unit bucket to inspect published pricing and payment milestones.

Official payment schedule is available on request from the developer. Open the calculator to inspect unit pricing and closing fees.

View full 8-factor score breakdown & recent DLD sales

Key takeaways before you buy

Plain-language summary of pricing, payment terms, and delivery outlook

Bottom Line

Asking price is 17.5% above nearby closed sales (+AED 243/sq.ft.)

The developer asks AED 1,628/sq.ft., whereas comparable homes in Majan sold for a median of AED 1,385/sq.ft. (~AED 126,753 higher for the same area). (Verified Fact · Verified DLD Sales)

Pricing vs. Closed Sales

+17.5% (+AED 243/sq.ft.)

Asking price is 17.5% above nearby closed sales (+AED 243/sq.ft.)

The developer asks AED 1,628/sq.ft., whereas comparable homes in Majan sold for a median of AED 1,385/sq.ft. (~AED 126,753 higher for the same area).

Why this matters: The asking rate is 17.5% (~AED 126,753 on a 522 sq.ft. unit) above recent nearby completed homes in Majan. Paying above recent nearby transactions increases your upfront entry basis—local secondary prices would need to sit at least 17.5% higher—plus ~4%–6% in registration and resale costs—at handover just to match today's baseline.

Competing Supply (Potential Risk)

19 Launches

19 competing off-plan launches tracked in Majan — potential handover competition

SKID tracks 19 competing off-plan launches in Majan. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition among resale buyers at handover.

Why this matters: Future supply impact is a potential risk rather than a certainty: if multiple towers deliver in the same window, sellers may face longer marketing times or more competitive secondary resale pricing.

Developer Track Record (Incomplete Data)

History Incomplete

Incomplete historical delivery data for Saeed Tarrad Real Estate Development in catalog

Saeed Tarrad Real Estate Development is named on the launch, but SKID currently has 0 verified past-handover completion records in its catalog to evaluate historical on-time delivery performance.

Why this matters: An incomplete catalog record does not necessarily mean a developer has no prior projects elsewhere, but it introduces uncertainty—rely on verified DLD construction escrow milestones and independent due diligence.

SKID intelligence

How does this project compare across all 8 factors?

Evidence Coverage: 7/8 factors (81.8%)
Methodology: skid-geo-v3.0-8factor

How SKID scores & compares projects

0.1 since last analysis

Last evaluated: 2026-11-02

Strong

• Handover sits in a typical 1–3 year off-plan window
• 608 closed sales in the last year in this community
• Service charge published at 12

Watch

• Located in Majan
• 50% of the price is due at or after handover, keeping strong buyer leverage until completion

Risk

• Published starting price vs historical DLD closed sales median: +17.5% above historical DLD closed sales median per sq ft in this community
• Heavy competing supply: 19 other launches in Majan

See all 8 scoring factorsWhy SKID gave it 6.0

Why SKID gave it 6.0

Location

Weight: 29.6%

6.0/ 10

Located in Majan

Entry price

Weight: 22.2%

4.4/ 10

Published starting price vs historical DLD closed sales median: +17.5% above historical DLD closed sales median per sq ft in this community

Developer

Weight: 18.2%

Insufficient evidence (N/A)

Supply / competition

Weight: 14.8%

3.6/ 10

Heavy competing supply: 19 other launches in Majan

Payment plan

Weight: 14.8%

7.8/ 10

50% of the price is due at or after handover, keeping strong buyer leverage until completion

Delivery risk

Weight: 7.4%

8.6/ 10

Handover sits in a typical 1–3 year off-plan window

Exit liquidity

Weight: 7.4%

8.6/ 10

608 closed sales in the last year in this community

Service charges

Weight: 3.7%

8.6/ 10

Service charge published at 12

Factor	Weight	Score
Location Located in Majan	29.6%	6.0/ 10
Entry price Published starting price vs historical DLD closed sales median: +17.5% above historical DLD closed sales median per sq ft in this community	22.2%	4.4/ 10
Developer Insufficient evidence (N/A)	18.2%	Insufficient evidence (N/A)
Supply / competition Heavy competing supply: 19 other launches in Majan	14.8%	3.6/ 10
Payment plan 50% of the price is due at or after handover, keeping strong buyer leverage until completion	14.8%	7.8/ 10
Delivery risk Handover sits in a typical 1–3 year off-plan window	7.4%	8.6/ 10
Exit liquidity 608 closed sales in the last year in this community	7.4%	8.6/ 10
Service charges Service charge published at 12	3.7%	8.6/ 10

Recent sales nearby

Date	Type	Price	Sq ft	AED / sq ft
2026-07-07	Ready · Apartment	AED 455K	626	727
2026-07-07	Off-plan · Apartment	AED 715K	486	1,472
2026-07-07	Off-plan · Apartment	AED 791K	422	1,873
2026-07-07	Off-plan · Apartment	AED 751K	422	1,778
2026-07-07	Off-plan · Apartment	AED 769K	422	1,821
2026-07-07	Off-plan · Apartment	AED 765K	422	1,812
2026-07-07	Off-plan · Apartment	AED 749K	383	1,957
2026-07-06	Ready · Apartment	AED 1.3M	1,304	997
2026-07-06	Off-plan · Apartment	AED 2.4M	3,611	664
2026-07-06	Off-plan · Apartment	AED 1.12M	869	1,293
2026-07-06	Off-plan · Apartment	AED 1.05M	869	1,211
2026-07-06	Off-plan · Apartment	AED 1.05M	905	1,160
2026-07-06	Off-plan · Apartment	AED 800K	435	1,839
2026-07-06	Off-plan · Apartment	AED 722K	437	1,652
2026-07-06	Off-plan · Apartment	AED 1.92M	1,318	1,458
2026-07-06	Off-plan · Apartment	AED 836K	405	2,065
2026-07-06	Off-plan · Apartment	AED 856K	429	1,994
2026-07-06	Off-plan · Apartment	AED 1.21M	818	1,473
2026-07-06	Off-plan · Apartment	AED 675K	375	1,800
2026-07-06	Off-plan · Apartment	AED 675K	376	1,796
2026-07-06	Off-plan · Apartment	AED 675K	388	1,742
2026-07-06	Off-plan · Apartment	AED 675K	375	1,800
2026-07-06	Off-plan · Apartment	AED 600K	369	1,625
2026-07-06	Off-plan · Apartment	AED 708K	372	1,901

Closed sales in this community. These are not this tower's own contracts unless the record says so.

Location

Dubai, Majan, Lunara Tower

Interactive map ready (1 verified location)

· Majan, Dubai

View project

Living in Majan

Historical DLD Median

AED 1,385 / sq.ft

Historical DLD Sample

137 closed sales

Ownership

Freehold

Frequently asked questions

Is Lunara Tower a good off-plan investment in Majan?

Lunara Tower in Majan (Dubai) scores 6.0/10 (caution) on the independent SKID 8-factor off-plan model across 82% evidenced factor weight. Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: delivery risk. Weakest: supply. Historical DLD Closed Transactions: matched closed sales in Majan record a median of AED 1,385/sqft across 137 verified transactions. Reviewed by SKID Investment Research Engine (as of 2026-11-02).

Who is building Lunara Tower?

Saeed Tarrad Real Estate Development is the developer named on this launch.

When is handover for Lunara Tower?

The published handover is Sep 2029.

What is the starting price of Lunara Tower?

The published starting price is AED 850K.

What does the SKID screen mean for Lunara Tower?

The SKID screen for this launch in Majan is 80 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.