Luma 22 · Dubai · Realiste

Highlights

Realiste rating

3 awards

Building rating ?

B

handover

Q3-2024

Area from

414 ft²

price from

503000 AED

floors

5

Property type

Apartments

Luma 22 is one of the new projects from TOWNX Development. This luxury residential complex is located in the up-and-coming area of Jumeirah Village. Residents will enjoy an unsurpassed level of comfort, thanks to first-class apartments, convenient location and world-class amenities.

The residential complex offers a wide range of properties, including furnished studios, one and two bedroom apartments. Each residence is equipped with a private balcony and finished with high quality materials.

Conditions for the unit resale

The minimum amount of payment
for subsequent resale
70%+4% DLD
The payment plan
Transferable

Non-profit service

Dubai ID*
✔
Bank account*
✔

Furniture

To be confirmed.

Convenience and security

- 1 Allocated Parking Space
- Balcony
- Children’s Pool
- Shared Gym
- Security
- Children’s Play Area
- Fully Fitted Kitchen
- Built-in Wardrobes
- Concierge Services
- Community Garden
- Near major highways
- Nearby Mosque
- Near The Circle Mall

Availability of greenery and water

Greenery
Jebel Ali Racecourse
Gadaf Park
Remram
Water
-

Accessibility by car

DIFC
26 minutes
Burj Khalifa
20 minutes
Palm Jumeirah
16 minutes
Dubai Marina
17 minutes
Dubai Mall
20 minutes
Meydan Racecourse
19 minutes
Ras Al Khor Wildlife Sanctuary
17 minutes
Dubai International Airport
25 minutes

Realiste AI ratings

Building class

Middle class

135 place of 365 Projects

Price affordability

Affordable

136 place of 358 Projects

Price compared to area average

Higher (min)

241 place of 354 Projects

Developer rating

Low reliable

248 place of 330 Projects

Average price sqft

High price

257 place of 362 Projects

Building attractivenes in area

Not attractive

286 place of 364 Projects

Access to parks in area

Medium

84 place of 212 Projects

Development level

Medium developed

130 place of 363 Projects

Forecast for 3 years

High growth

79 place of 362 Projects

Realiste Choice

Good potential

136 place of 365 Projects

Economy

Middle

Luxury

Building class

Price affordability

Price compared to area average

Developer rating

Average price sqft

Building attractivenes in area

Access to parks in area

Development level

Forecast for 3 years

Realiste Choice

Building class

135 place of 365

Middle

80%

Economy

Price affordability

136 place of 358

Affordable

381 USD/ft²

Not affordable

Permit

Government permit

Location and infrastructure

Highlights of Luma 22

City: Dubai
Project: Luma 22
Building class: 80% - Middle
Price affordability: 381 USD/ft² - Affordable
Price compared to area average: 19.1% - Higher (min)
Developer rating: 37 - Low reliable
Average price sqft: 320 USD/ft² - High price
Building attractivenes in area: 0.45 - Not attractive
Access to parks in area: 23.1% - Medium
Development level: 44.3% - Medium
Forecast for 3 years: +27.6% - High growth
Realiste Choice: 814 - Good