Lume Residence
Off-Plan

Lume Residence

From AED 745,777·Handover Dec 2027·20% down payment Payment
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AED 745,777
Starting Price
Dec 2027
Handover
20% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

Lume Residence is a residential development by developer S&S Developments and agency Evolutions, located in Jumeirah Village Circle, Dubai. The complex consists of a ground floor, 4 podiums and 14 residential floors with 178 apartments. There are 13 apartments on each floor: studios and 1-2 bedroom apartments. The off-white hues create a minimalistic atmosphere, while the matte gold finish reflects the accents on the walls and adds a touch of elegance. Floor-to-ceiling windows create a bright and spacious atmosphere. Amenities available to residents include a swimming pool with lounge chairs and hammocks, padel court, indoor gym and outdoor fitness area, lounge and barbecue area, outdoor event space and clubhouse. Lume Residence has a prime location and access to Dubai's key roads, business centers and attractions. Dubai Hills Mall is a 10-minute drive from the complex, The Palm Jumeirah is 18 minutes away, Dubai Marina and Ain Dubai can be reached in 20 minutes, and Jumeirah Beach and Dubai International Airport can be reached in 25-30 minutes.

Project Specifications
DeveloperS&S Developments
LocationJumeirah Village Circle (JVC)
Unit TypesStudio, 1 BR, 2 BR, Apartments
AreaJumeirah Village Circle (JVC)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 32,180 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,570
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 48,476 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Lume Residence launch basis829AED 745,777Current launch / asking basis
Jumeirah Village Circle (JVC) ready-stock comps1,050AED 945,000Indicative resale benchmark
Jumeirah Village Circle (JVC) premium peer launches1,300AED 1.17MNew-launch peer set
Trophy alternative proxy1,500AED 1.35MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from S&S Developments.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Lume Residence — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Club house
Covered gym
Dining outlets (coffee houses & restaurants)
Landscaped garden
Leisure areas
Lift
Lobby
Open air gym
Paddle court
Recreational areas
Retail outlets
Shared Pool
Shared gym
Shared gym & fitness
Sports ground

Location

Jumeirah Village Circle (JVC)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Village Circle (JVC)Jumeirah Village Circle (JVC)Dubai, UAE

Developer Track Record

01

Lume Residence by S&S Developments

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 745,777

04

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

05

Expected handover: Dec 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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