Luma22, situated in Jumeirah Village Circle, is a residential complex crafted by TownX Real Estate Development LLC, renowned for projects like Easy18, Easy19, and Luma21. Offering a harmonious living experience in proximity to various entertainment and sports venues, the project is set for completion in Q3 2024.
Comprising the West Tower and East Tower, this 5-floor residential development provides future occupants with a choice ranging from studios to 1–3 bedroom apartments. The residences, ideal for both singles and families, boast coziness and ample space. Each unit features a balcony offering stunning views, while bedrooms come equipped with spacious built-in wardrobes, and certain units include dressing areas in the master bedrooms.
Residents of Luma22 will have access to a host of amenities, including state-of-the-art gymnasiums, a swimming pool with a sun deck, green spaces for various activities, a dedicated children’s playground, and 24/7 concierge services. The community also offers a walking/jogging track, and sports enthusiasts can explore nearby parks like Gadaf Park, Sabar Park, Community Park, and Roohl Community Park.
Situated in the family-oriented area of Jumeirah Village Circle (JVC), Luma22 provides easy access to Al Khail Road, with a 20-minute travel time to Downtown Dubai and Dubai Marina, and 25 minutes to Dubai International Airport.
Within a 5–15 minute drive, residents can access entertainment and leisure venues such as Circle Mall, Al Khail Avenue, and City Centre Me’aisem. Families can enjoy attractions like Dubai Miracle Garden and Dubai Butterfly Garden, while sports enthusiasts have access to The Els Club Golf Course and the Dubai Autodrome.
Nearby educational institutions include Kids World Nursery JVC, Jumeirah International Nursery, Jebel Ali Village Nursery, JSS International School, Sunmarke School, Arcadia School, and Dubai British School. For medical needs, Magnum Clinic and Aster Clinic — JVC are within reach.
Investing in a studio or apartment in Luma22 ensures convenient living with maximum comfort and security. Moreover, Jumeirah Village Circle (JVC) offers a rental yield of 7.7% for a 1-bedroom residence, with potential annual rentals starting from AED 36K (USD 10K). Post-project completion, there’s potential for profitable resale.
Down Payment | 50% |
During Construction | 25% |
On Handover | 25% |
Completion Date | Sep – 2024 |
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