1 bedroom, Luma 22 tower
Dubai, Jumeirah Village Circle, Luma 22
Dubai Marina
15-min drive
68 m²
Property area
2024
Handover year
3 out of 5
Floor
2
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$318 729 ($4 719/m²)
1 163 360 AED
Rental yield: 4,78%
Downtown
20-min drive
Price growth rate per year: 26%
TOTAL INVESTMENT AMOUNT: $349 569
  • Unit price: $318 729
  • Renovation price: $1 370
  • Furnishings: $9 589
  • DLD fee payment: $12 908
  • Transaction registration: $1 370
  • Power of attorney: $822
  • Manager cheque: $4 781

TOTAL RENTAL YIELD PER YEAR: $29 589
  • Rent payments: $2 466 (per month) / $29 589 (per year)

EXPENSES PER YEAR: $12 887
  • Service charge: $2 788
  • Utilities: $1 315
  • Internet: $1 266
  • AC: $1 973
  • AC maintenance: $219
  • Management commission: $5 326

NET RENTAL YIELD PER YEAR: $16 702
or 4,78%

Payment plan is available on the apartment.
Building with the largest podium garden in the popular JVC district

Luma 22 is the new Town X development in JVC. The project is expected to be completed in September 2024. Payment plan: 70% during construction, 30% upon receiving the keys.

  • 1 bedroom
  • 2 bathrooms
  • Area: 68 sq. m.
  • Floor 3 (out of 5)
  • Balcony
  • 1 parking place
  • Built-in Siemens appliances, Grohe sanitary ware

Key tower features:
  • Swimming pool, children's pool, jacuzzi
  • Modern gym with TechnoGym equipment
  • The largest podium garden in JVC
  • Playground
  • Coworking areas and meeting rooms
  • JSS International School nearby
  • The planned JVC metro station will be in walking distance in 2029

Payment plan:
  • Initial deposit - 30%
  • Payment on 01.10.2023 - 15%
  • Payment on 01.12.2023 - 15%
  • Payment on 01.03.2024 - 10%
  • Payment upon receiving the keys - 30%
JVC is a master-planned neighborhood located in Dubai. The district is a combination of villas, townhouses and condos, surrounded by parks and greenery. JVC is highly community-oriented, therefore it offers a variety of facilities like schools, retail spots and recreation spots. Central location provides access to the essential Dubai districts via major arterial roads. JVC is known for its diverse architecture and ambition to create lively communal ambience.