Lume Residence

Lume Residence

By in Jumeirah Village Circle (JVC)

Lume Residence by S&S Development is a 20-story residential complex in Jumeirah Village Circle (JVC).

648,777 AED

Minimum cost

Q2 2027

Project completion

About Location
About Location

Lume Residence — Location

Lume Residence, located in Jumeirah Village Circle (JVC), is a rapidly developing district in Dubai, known for its affordable real estate and attractive rental yields. According to market data, the average rental yield in JVC is approximately 6.34%, comparable to central Dubai districts such as Downtown Dubai. This makes investing in new apartments in JVC appealing for those seeking a stable passive income.

Over the past few years, property prices in the area have shown steady growth, opening up opportunities for profitable resale. In 2024, the price of completed apartments increased by 14%, while properties under construction rose by 17%. New apartments in JVC are suitable for both long-term and short-term investments. Long-term investors benefit from stable price growth and high rental demand due to the district's developed infrastructure and convenient location. Short-term investors can take advantage of the growing demand from expats and tourists, ensuring quick returns on investment.

The Dubai government is actively developing JVC as part of the "Dubai 2040" master plan. As a result, Lume Residence in JVC offers investors favorable conditions due to its strategic location, steady property price growth, and government support for the district's development.

Lume Residence is surrounded by well-developed transport infrastructure. Public transport stops are in close proximity. Although the nearest metro station is at some distance, the Dubai government plans to expand the metro network, including constructing a new line through JVC by 2030.

Several major shopping malls, international schools, and universities are located near the complex. For instance, Mall of the Emirates is just a 10-minute drive away, offering a wide range of shopping and entertainment options. JSS International School is a 5-minute drive away, providing high-quality education for children.

Additionally, Dubai Marina and the DMCC free zone are accessible within a 15-minute drive, making the area convenient for working professionals. Beaches such as Sufouh Beach are a 12-minute drive away, allowing residents easy access to the coastline. Dubai International Airport (DXB) is 25 minutes away, while Al Maktoum International Airport (DWC) is a 30-minute drive, ensuring convenient travel options.

5 min JSS International School

10 min Mall of the Emirates

12 min Sufouh Beach

15 min Dubai Marina

15 min DMCC Free Zone

20 min Downtown Dubai and Burj Khalifa

25 min Dubai International Airport (DXB)

30 min Al Maktoum International Airport (DWC)

Lume Residence — About the project

The building offers studios, one-bedroom, and two-bedroom apartments. The starting price of the property at the launch of sales was AED 650,000. The estimated project handover is scheduled for Q3 2027. The internal infrastructure includes a swimming pool, a fitness center, a relaxation area, and landscaped green spaces. The location in JVC makes the project attractive for investment due to its developed infrastructure, proximity to key transport hubs, and high rental yields.

  • Lume Residence
  • Lume Residence
  • Lume Residence
  • Lume Residence
  • Lume Residence
  • Lume Residence

        • Lume Residence — Floor Plans

        Studios Number of bedrooms
        Apartments Number of bedrooms

        Studio

        648,777 AED

        Studio
          Bathrooms 1 Total area 335 sqft

          1 bedroom apartment

          946,777 AED

          1 bedroom apartment
            Bathrooms 1 Total area 564 sqft

            2 bedroom apartment

            1,561,777 AED

            2 bedroom apartment
              Bathrooms 2 Total area 1118 sqft

              Lume Residence — Payment Plan

              • 20% 01

                Down payment

              • 40% 02

                During construction

              • 40% 03

                On handover in June 2027

              Buy property at the developer prices

              0%

              our commission

              Amenities

              • Swimming pool
              • Fitness center
              • Landscaped recreation areas
              • Panoramic windows
              • Balconies
              • Modern elevators
              • Covered parking
              • 24/7 security and CCTV

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              FAQs

              At the start of sales, the minimum property price in the complex was AED 650,000. The available options include studios, one-bedroom, and two-bedroom apartments. The prices are as of February 26, 2025. For the latest updates, please consult Everhomes experts.

              The complex is situated in the rapidly developing JVC district, known for its well-developed infrastructure, high rental demand, and rising property prices. It is close to shopping malls, schools, green areas, and major transport routes.

              Dubai International Airport (DXB) is 25 minutes away, while Al Maktoum International Airport (DWC) can be reached within 30 minutes.

              The estimated handover date for the complex is Q3 2027.

              The complex includes communal spaces such as a fitness center, swimming pool, and relaxation areas.

              With high rental yields, rising property prices in the area, and a convenient location, purchasing an apartment in the complex is a profitable investment opportunity.

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                #Transport accessibility #For families with children #Near school #Ready infrastructure #Residential area #For renting out #For flipping #Off-plan #High ROI #20+ amenities