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Lume Residence

Lume Residence

By S&S Real Estate Development 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
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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 — Location

Lume Residence, Jumeirah Village Circle

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 minJSS International School

10 minMall of the Emirates

12 minSufouh Beach

15 minDubai Marina

15 minDMCC Free Zone

20 minDowntown Dubai and Burj Khalifa

25 minDubai International Airport (DXB)

30 minAl Maktoum International Airport (DWC)

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Lume Residence — Key facts

Price fromAED 648,777
HandoverQ2 2027
StatusOff-plan
DeveloperS&S Real Estate Development
CommunityJumeirah Village Circle (JVC)
EmirateDubai
Property typeApartment, Studio
BedroomsStudio, 1, 2

Facts updated: 2025-03-01

Lume Residence — Payment plan

  • 20%01

    down payment

  • 40%02

    during construction

  • 40%03

    on handover in june 2027

Lume Residence — Floor plans

Studio

648,777AED

Studio
BedroomsStudioTotal area335 sqft · 31 m²

1 bedroom apartment

946,777AED

1 bedroom apartment
Bedrooms1Total area564 sqft · 52 m²

2 bedroom apartment

1,561,777AED

2 bedroom apartment
Bedrooms2Total area1,118 sqft · 104 m²

Amenities

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

Artur Galliamov

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