AED 8,950,000
Own this from just
32,862 AED/monthPAY ONLY 35% TILL HANDOVER | BEST PRICE | 0% COMMISSION
place
Area
Mohammed Bin Rashid City District 11
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Overview
Lua Residences is an area located within Mohammed Bin Rashid City District 11, Mohammed Bin Rashid City, Dubai.
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The developer
The project is being developed by Swank Real Estate Development.
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Units
The development will contain an estimated 42 units.
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Unit layouts
The development will comprise a mix of three- , four- and five-bedroom villas.
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Key dates
The estimated handover date is March 2026.
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Additional information
The houses occupy Parcel E of the District 11 masterplan, in which Meydan outlines specific architectural regulations.
The development is designed to promote healthy living by providing maximum exposure to green spaces. The houses are surrounded by lawns, cycle and running tracks, and a crystal lagoon.
The architecture and design are Portuguese-influenced.
The twin villas average 3,330 square feet, four-bedroom villas range from 4,424 to 4,660 square feet, and five-bedroom villas range between 5,650 and 8,094 square feet.
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Timeline
Jun 2024
Swank Development has officially launched Lua Residences.
Apr 2024
Swank Development has officially launched its first project in Dubai, Lua Residences.
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Excerpts from the brochure
‘This stunning 21st-century oasis offers residents an idyllic and exclusive beachfront retreat, at the very center of Dubai.’
‘Nestled within the esteemed District 11 of MBR City in Meydan, Lua Residences presents a distinctive blend of elegance inspired by Portuguese heritage and contemporary living in Dubai.’
‘Set against the backdrop of the iconic Downtown Dubai and the awe-inspiring Burj Khalifa, this exceptional location is seamlessly integrated into the master plan of the community, promising a lifestyle of tranquil urbanity.’
Property details
Property Type
Villa
Property Size
4,677 sqft / 435 sqm
Bedrooms
5 + Maid
Bathrooms
7
Property age
Available from
13 Sep 2024
Amenities
Maids Room
Study
Central A/C
Balcony
Private Garden
Private Pool
Private Gym
Private Jacuzzi
Shared Pool
Shared Spa
Project information
Location
Price Insights
This property costs 55% less than the average price of 5 bedroom in Mohammed Bin Rashid City
Average Sale Price is 19,832,199 AED
This property is 44% smaller than the average size of 5 bedroom in Mohammed Bin Rashid City
Average size is 8,298 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Mohammed Bin Rashid City
Provided by
Asim Mehmood Sajid Mehmood
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Alarfeen Real Estate
See all properties (2575)Experience
7 years
Languages
English,Arabic,Urdu
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Monthly payment
32,862 AED
with interest rate of
3.94%
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Regulatory information
Regulatory information
Reference
alarfeenrealestate-10401027
Listed
4 days ago
Broker ORN
29081
Zone name
Wadi Al Safa 3
DLD Permit Number:
69599503275
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Own this property from just
32,862 AED /month
Fixed rates from: 3.94%
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