The Ukraine goalkeeper has a contract with Real that expires in the summer of 2025.
The parties have been negotiating an extension for some time. At the same time, there has been interest in Lunin.
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The 25-year-old has been linked with Manchester United, Bayern Munich and Paris Saint-Germain recently.
But there will be no move, even though Courtois is expected to take back the starting place for next season.
Relevo says Lunin and Real Madrid have reached an agreement on a new contract. Only a few details remain before Lunin extends with the giant until the summer of 2029.
Lunin has agreed to compete with Courtois going forward.