Studio, Luma 22 tower
Dubai, Jumeirah Village Circle, Luma 22
Dubai Marina
15 min by car
43 m²
Property area
2024
Handover year
3 out of 5
Floor
1
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$191 233 ($4 398/m²)
698 000 AED
Rental yield: 6,54%
Downtown
20 min by car
Price growth rate per year: 26%
TOTAL INVESTMENT AMOUNT: $215 060
  • Unit price: $191 233
  • Renovation price: $1 370
  • Furnishings: $9 589
  • DLD fee payment: $7 808
  • Transaction registration: $1 370
  • Power of attorney: $822
  • Manager cheque: $2 868

TOTAL RENTAL YIELD PER YEAR: $23 014
  • Rent payments: $1 918 (per month) / $23 014 (per year)

EXPENSES PER YEAR: $8 957
  • Service charge: $1 795
  • Utilities: $658
  • Internet: $1 266
  • AC: $986
  • AC maintenance: $110
  • Management commission: $4 142

NET RENTAL YIELD PER YEAR: $14 057
or 6,54%

The apartment is available for payment plan.
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.

  • Studio
  • 1 bathroom
  • Area: 43 sqm
  • 3rd floor (out of 5)
  • Balcony
  • 1 parking space
  • Siemens built-in kitchen appliances, Grohe plumbing fixtures

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.