Lume Residence — project image
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
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 32,180 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,570
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 343,057 / 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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Astraterra Properties

Official Documents

Download official marketing materials from S&S Developments.

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Payment Structure

20% down payment

Published payment summary

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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

Lume Residence location map
Project location

Nearby Destinations

Jumeirah Village Circle (JVC)

Developer and Project Facts

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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Qualified Buyer Flow
Property Enquiries

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

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