Luma Park Views — project image
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Luma Park Views

From AED 1.50M·Completed Jun 2025·100% down payment Payment
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AED 1.50M
Starting Price
Jun 2025
Handover
100% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Luma Park Views is a magnificent residential complex consisting of a ground floor, four podium levels and nineteen residential floors. The building is designed with high-quality finishing materials, which reflects the desire for excellence. For sale in the complex are luxury apartments with 1-3 bedrooms. Residents of Luma Park Views enjoy a number of exceptional amenities. The complex has two spacious swimming pools, two modern gyms and an internal garden where you can relax. There is also a jogging track and a play area for children. Beautiful landscaped gardens and various recreational areas add charm and tranquility. Located in the heart of Jumeirah Village Circle (JVC), Luma Park Views offers a premium location in Dubai, where the tranquility of nature is combined with the convenience of city life. Residents can enjoy stunning views of lush green parks and immaculately landscaped grounds, creating a peaceful retreat amidst the vibrant urban atmosphere. In the immediate vicinity of the complex, residents can find various attractions, including Circle Mall in 5 minutes, Dubai Miracle Garden in 10 minutes, Mall of the Emirates in 15 minutes, Palm Jumeirah in 18 minutes, Dubai Marina in 20 minutes and Skydive Dubai in 25 minutes.

Project Specifications
DeveloperTownX Development
LocationJumeirah Village Circle (JVC)
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaJumeirah Village Circle (JVC)
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 64,682 / year
Cash-on-Cash
2.2%
Levered cashflow AED 15,215
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 689,540 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from TownX Development.

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Payment Structure

100% down payment

Published payment summary

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Amenities & Lifestyle

Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Recreational areas
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Luma Park Views location map
Project location

Nearby Destinations

Jumeirah Village Circle (JVC)

Developer and Project Facts

01

Luma Park Views by TownX Development

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 1,499,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Jun 2025

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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