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JVC (Jumeirah Village Circle)Developer · S and SVerified on

Lume Residences

Studio, 1BR, 2BR

From
AED 757 777
≈ EUR 187,000
Payment plan
2 options
Handover
December 2027
Developer
S and S
Type
Studio, 1BR, 2BR
Handover
December 2027

In short

Lume Residences is a new-build project by developer S and S, in JVC (Jumeirah Village Circle) (area page: Jumeirah Village Circle (JVC)). Unit types offered: Studio, 1BR, 2BR. Handover announced by the developer: December 2027. Announced starting price: AED 757 777 (≈ EUR 187,000), for the cheapest unit type; the price of a given unit depends on its size, floor and view.

How the price is paid

The payment plan announced by the developer, step by step

  1. Option 140/60
    40 %
    60 %
    Instalment 1 · AED 303 111 (≈ EUR 74,700)
    Instalment 2 · AED 454 666 (≈ EUR 112,000)
    1. On booking
    2. During construction (5% of the price every 3 months)
    3. On handover (keys)

    Announced split 40/60. As is usual in Dubai, the first part (40%, i.e. AED 303 111 (≈ EUR 74,700) of the starting price) is paid before handover — booking and construction — and the second (60%, i.e. AED 454 666 (≈ EUR 112,000)) on handover. The sale and purchase agreement (SPA) sets each instalment.

  2. Option 250/50
    50 %
    50 %
    Instalment 1 · AED 378 889 (≈ EUR 93,300)
    Instalment 2 · AED 378 889 (≈ EUR 93,300)
    1. On booking
    2. During construction (5% of the price every 3 months)
    3. On handover (keys)

    Announced split 50/50. As is usual in Dubai, the first part (50%, i.e. AED 378 889 (≈ EUR 93,300) of the starting price) is paid before handover — booking and construction — and the second (50%, i.e. AED 378 889 (≈ EUR 93,300)) on handover. The sale and purchase agreement (SPA) sets each instalment.

Plan text as announced by the developer

Payment Plan 40/60 : On booking / During construction (5% every 3 months) / Upon Handover | Payment Plan 50/50 : On booking / During construction (5% every 3 months) / Upon Handover

What about the yield?

We only publish a yield once it is sourced. Meanwhile, the area page shows you the rents actually registered locally.

What does “verified” mean?

The starting price, payment plan and handover date on this page were last verified on 14 November 2026. Our rule: every page is re-verified at least every 30 days, or we take it off the site. A price can move between two checks: your advisor confirms it in writing before any booking.

Check the project with the DLD

The Dubai Land Department keeps the official register of projects, developers and agencies: everything below can be checked free of charge in its Dubai REST app.

This project is presented in partnership with its developer, based on the developer's official information. Before any payment, check the project's registration and its escrow account in Dubai REST: your advisor does it with you.

Our agency can be checked too: SwissPro360 Real Estate, RERA ORN 53525. Off-plan, your payments are governed by Law 8/2007: they go into the project's escrow account, never to a personal account.

Other projects in Jumeirah Village Circle (JVC)

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