Lumina Vista — project image
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Lumina Vista

From AED 1.40M·Completed Jan 2025·50% down payment Payment
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AED 1.40M
Starting Price
Jan 2025
Handover
50% down payment
Payment Plan
1 BR · Apartments
Type

Project Overview

Lumina Vista is a magnificent project from the developer ARIB Developments, which is located in the heart of the vibrant district of JVC. This amazing seven-storey complex stands out for its original architecture. It includes a podium floor, a ground floor and five residential floors. Lumina Vista offers a variety of residences, including studios, one-and two-bedroom apartments, and two-bedroom duplexes. All of them have a modern finish in light gray tones, made of high-quality materials, and are equipped with built-in appliances. Residents of Lumina Vista can enjoy a variety of amenities such as a swimming pool, fully equipped gym, children's playground, sauna and more. Lumina Vista's Jumeirah Village Circle location provides easy access to Dubai's diverse social amenities, including schools, shopping malls, restaurants and entertainment venues. Dubai Hills Mall is just 15 minutes away, Palm Jumeirah is 20 minutes away, and Dubai Marina is a 24-minute drive away. Dubai International Airport is about a 24-minute drive away.

Project Specifications
DeveloperARIB Developments
LocationJumeirah Village Circle (JVC)
Unit Types1 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 60,410 / year
Cash-on-Cash
2.2%
Levered cashflow AED 14,210
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 644,000 / 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 ARIB Developments.

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Payment Structure

50% down payment

Published payment summary

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Amenities & Lifestyle

Broadband Internet
Children’s pool
Club house
Concierge Service
Covered Parking
Kids Play Area
Kids splash pad
Leisure areas
Lift
Lobby
Parking
Recreational areas
Retail outlets
Sauna
Shared Pool
Shared gym
Shared gym & fitness
Smart home
Social zone
Valet parking

Location

Jumeirah Village Circle (JVC)

Nearby Destinations

Jumeirah Village Circle (JVC)

Developer and Project Facts

01

Lumina Vista by ARIB Developments

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 1,400,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Jan 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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