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LUMA 21

LUMA 21

Properties for Sale
Jumeirah Village Circle, Dubai
1 183 000 AED
Location Jumeirah Village Circle, Dubai
Type Development
Completion date II quarter, 2023 (Off-plan)
Living space 117 m²
Advantages
Type of buildings:
Premium
Prestigious neighbourhood
Completion date
Q2-2023
Ecological area
5-storey residential complex

The residential complex Luma 21 in Dubai

The newly-built Luma 21 residential complex is a modern, five-storey apartment building designed in a U-shape that creates a natural, cosy courtyard. There’s a picturesque, landscaped garden with walking paths, recreation areas, a children's playground and a sports ground.

Guests and residents of the newly-constructed building will appreciate the elegant lobby on the building’s first floor. It features a 24-hour concierge service desk and lounge area with stylish furniture and elevators.

The outdoor swimming pool is located on the roof of the residential complex. Near the pool are lounge areas with sun loungers under a canopy and the open sky. In addition, the complex has a well-equipped gym with separate areas for men and women. Parking is on the basement level of the building. A 24/7 security system and video surveillance ensure the safety of the residents.

Luma 21 in Jumeirah Village Circle, Dubai, UAE

The newly constructed building Luma 21 in Dubai is in the famous Jumeirah Village Circle (JVC) residential community. The building was built in District 14 and is a five-minute walk from Halfa Park and the Tudomart supermarket. From the newly-constructed building, you can quickly exit onto the E44 motorway, leading to the city's centre and other areas. You can drive into Downtown Dubai in 20-25 minutes. You can also quickly reach the popular coastal community of Dubai Marina, with its well-groomed sandy beaches, from the residential complex. The international airport is about half an hour away.

The JVC area has a well-developed social infrastructure. Residents have access to amenities such as:

  • picturesque green parks with children's playgrounds, sports courts, jogging and cycling paths, and places for recreation and picnics;
  • chain supermarkets and grocery stores;
  • large shopping centre with a large selection of shops, a food court, a fitness centre and a cinema;
  • restaurants, cafés;
  • hotels.

Properties for sale in Luma 21 

Both residents of the Emirates and citizens of other countries who do not have UAE residency can buy real estate in Luma 21 privately.

The residential complex was commissioned in April this year. Home buyers of property in Luma 21 can move into their apartment or rent it out immediately after purchase. The minimum cost of a studio apartment in the complex is AED 470,000 (USD 128,000). Prices for apartments in the emirate have yet to reach their ceiling, so apartment costs will gradually increase. You can see the current prices of flats in the commissioned residential complex in Dubai in a separate catalogue on the website. You can also ask our real estate specialists for prices.

Location

  • Close to shopping malls
  • Close to schools
  • Close to the kindergarten
  • Prestigious district
  • Near the golf course
  • Great location
  • City view
  • Park/garden view
  • Beautiful view

Features

  • At the middle stage of construction
  • Tap water
  • Electricity
  • Driveway to the land plot

Indoor facilities

  • Child-friendly
  • Recreation area
  • Fitness room
  • Elevator
  • Underground parking lot

Outdoor features

  • Children's playground
  • Landscaped garden
  • Landscaped green area
  • No industry facilities
  • Social and commercial facilities
  • Backyard
  • Community garden
  • Car park
  • Concierge
  • Footpaths
  • Common area with pool

Real estate in Luma 21

Lifestyle

The stylish and cosy apartments in Luma 21 are the ideal housing option for those who prefer a relaxed life. The newly-constructed residential complex is in a quiet family community with numerous parks and green gardens, and the community has a relaxed atmosphere. All the necessary infrastructure amenities are next to the newly constructed building: shops, restaurants, sports grounds and more.

This small cosy residential complex with amenities is suitable for families with children. Your little ones can run along the well-groomed paths and play in the unique playground with attractions in the private garden in a calm and safe environment. There are also several playgrounds and sports grounds for children in nearby parks in the district.

Advantages of the residential complex

You can buy a high-quality apartment with a stylish finish in this residential building with amenities. The apartment prices are affordable, one of the main advantages of the upcoming complex. The residential complex is ideally located near critical infrastructure. For example, you can drive to the local Circle Mall in five minutes. Kindergarten Kids World is a 15-minute walk away, and the JSS International School and Little Wonders Garden are seven minutes away.

The area has numerous parks, gardens, and green alleys, making walking, sports training, and outdoor recreation pleasant. The community has an optimal microclimate for comfortable living due to its many green areas.

Studios and apartments in the residential complex Luma 21

Luma 21 studios and apartments come in nine layouts. Apartments vary from 39 to 117 square metres. The panoramic windows in the living rooms allow residents to enjoy views of the inner garden or the well-groomed green streets. Each apartment has a separate spacious open-type balcony with a metal lattice fence. The large windows and interior decor in warm colours fill the living areas with light, making them cosy.

The two- and three-bedroom apartments have a guest bathroom, and each bedroom has a private bathroom. One- and two-bedroom apartments are available with an additional multifunctional room; the future owner can arrange this room at his discretion.

Property for investment in Luma 21

Buying apartments or studios in Luma 21 is an excellent option for a secure investment. Housing costs in the JVC community are affordable, transportation is easy, and the infrastructure is well-developed, ensuring a high demand for the purchase and rental of real estate here.

Investors can receive a steady income by renting out an apartment long-term. Tenants usually pay a year in advance and pay the utilities. The annual rent for a studio apartment in the residential complex starts at AED 42,000 (USD 11,500). The average return on investment in residential real estate in the JVC community is 6% per annum.

Location
Circle Mall
2.7 km
School
2.5 km
ATM machine
750 m
Pharmacy
700 m
History of Cinema Museum
9.8 km
Sea
12.1 km
District JVC

JVC is one of Dubai's most popular residential areas, with quality real estate and a well-developed infrastructure. The community has a circular layout, with a large park in the centre. Park areas and alleys are located between separate quarters.

There’s a large shopping centre Circle Mall in the area comprising 80 retail stores, 40 restaurants and cafés, a 5600 square metre sports centre, a large swimming pool and other amenities.

The community has excellent bus transportation. You can quickly leave the community at significant road junctions leading to the city centre and the sea coast.

Payment plan

10%
Down Payment
40%
During Construction
50%
On Handover

Developer TownX Developments

5All objects of the developer
2017Founded in

TownX Development is a construction company founded in Dubai in 2017. The developer has successfully built several housing projects in the emirate. These projects include the Easy18 and Easy19 low-rise residential complexes in Dubai International City and the East40 mid-rise residential complex in the Al Furjan community.

All residential real estate projects from the TownX developer have maximum convenience for future residents and comfortable living for the whole family. Residents will be able to access city infrastructure quickly.

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