Luzora Residences in Dubai Islands
Luzora Residences · Dubai Islands, Dubai
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Launch Price
AED 1.56M
Property Type
Mixed-Use
Bedrooms
1 - 4 Beds
Payment Plan
10/50/40
Handover
Q1 2027
Projected Yield
5.4 to 7.5%
Off-plan multiple/other buyers in Dubai Islands will find Luzora Residences starting at AED 1.56M. A 10% booking payment secures the unit. Construction-phase instalments total 50%, with the remaining 40% due at handover scheduled for Q1 2027. The regenerating coastline here supports both short and long-term rental demand, reflected in projected gross yields in the 5.4 to 7.5% range. MonthlyDubai sends personalised shortlists to WhatsApp within 48 hours. Free to use, no agency commission involved.
Payment Plan Breakdown
From AED 65,000/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 156,000 Due on signing SPA |
|
| During Construction | 50% | AED 65,000/mo 12 monthly instalments |
|
| On Handover | 40% | AED 624,000 Due at Q1 2027 |
|
| Total | AED 1,560,000 | ||
On Booking
10%
AED 156,000
Due on signing SPA
During Construction
50%
AED 65,000/mo
12 monthly instalments
On Handover
40%
AED 624,000
Due at Q1 2027
Total
100%
AED 1,560,000
Questions about Luzora Residences
What payment plan does Luzora Residences offer?
Luzora Residences uses a 10/50/40 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in Q1 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 Luzora Residences fits your budget and send you comparable alternatives.
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