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Lumea Residence - Image 1
New Launch
Dubai Islands, Dubai·Green Horizon Development

Lumea Residence

AED 1.60M
1-3
Bedrooms
0
Bathrooms
0+
Sqft
Q3 2028
Handover
Explore Dubai Islands
View community info, amenities & nearby attractions
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About This Project

Lumea Residence is a Green Horizon Development project on Dubai Islands. The project source describes one-, two- and three-bedroom beachfront apartments in a waterfront residential setting.

Key Features

Theme
Apartment
Unique
Dubai Islands, Dubai
Price
AED 1.6M

Property Documents

Request available documents for this property

Investment Potential

N/A
Published ROI Estimate
N/A
Published Rental Yield
Property Price: AED 1.60M

Published estimates are not guaranteed returns. Verify current rents, costs, vacancy and market evidence independently.

Residency eligibility is subject to current government criteria and approval

Payment Plan

10% down payment; 25% during construction; 65% on handover
10%Booking
25%During
65%On
Booking
AED 0.16M(10%)
During Construction
AED 0.40M(25%)
On Handover
AED 1.04M(65%)

Understanding Payment Plans

Dubai off-plan properties typically follow a post-handover payment structure. The percentages shown represent when payments are due during the construction and handover process.

Booking / Down Payment:Paid when signing the Sales Purchase Agreement (SPA)
During Construction:Paid in installments linked to construction milestones
On Handover:Final payment when you receive the property keys

Note: DLD registration fee (4% + AED 4,000) and Oqood fee (AED 5,000 for off-plan) apply additionally.

Project Status

Planning
Project design & approvals
Construction
Building in progress
Handover
Ready for move-in
Expected Handover
Q3 2028

Frequently Asked Questions

Who is developing Lumea Residence?

Lumea Residence is listed as a Green Horizon Development project.

What residences are listed at Lumea Residence?

The project source lists one-, two- and three-bedroom apartments.

Where is Lumea Residence located?

Lumea Residence is listed on Dubai Islands. Delivery timing is omitted here because the source presents conflicting dates; confirm directly with the developer.

Contact Expert

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Mortgage Calculator

Property Price
AED 1,600,000
Down Payment25% (AED 400,000)
Interest Rate3.7% p.a.
Loan Term25 years
Loan AmountAED 1,200,000
Monthly PaymentAED 6,137
Total InterestAED 641,100

* Estimate based on 3.7% p.a. rate. Actual rates may vary (3.4-4.2%).

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RERA Registration

RERA registration number not available

Quick Info

StatusOff-Plan
TypeApartment
Payment Plan10% down payment; 25% during construction; 65% on handover
HandoverQ3 2028
DeveloperGreen Horizon Development
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Check Your Eligibility
Review current property-based residency criteria

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