Lume Residence in Jumeirah Village Circle
Lume Residence · Jumeirah Village Circle, Dubai
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Launch Price
AED 695,777
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
2 Payment Plans
Handover
Q3 2027
Projected Yield
6.7 to 9.2%
Lume Residence is bringing studio, 1 - 2 beds off-plan apartments to Jumeirah Village Circle in Dubai, priced from AED 695,777. The project is scheduled for completion in Q3 2027, with payment plan details available through the developer. Projected gross returns run in the 6.7 to 9.2% range annually, in line with similar off-plan product in Dubai. Buyers at the AED 5,000 monthly instalment level may qualify for units in Lume Residence. MonthlyDubai can check against your specific budget.
Questions about Lume Residence
What payment plan does Lume Residence offer?
Lume Residence uses a 2 Payment Plans payment plan. Buyers pay an initial amount% at booking, with the remaining spread across construction and handover in Q3 2027.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Lume Residence fits your budget and send you comparable alternatives.
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