JRE · Joshi Real Estate
Luma22 exterior view - JVC (Jumeirah Village Circle), Dubai - by TownX
Sold outTownX

Luma22

JVC (Jumeirah Village Circle), Dubai
From
POA
Handover
SEP 2024
Enquire
The Project
From
On request
Status
Sold out
Handover
SEP 2024
Size
from 0 sqft
Residences
-
Construction
100% complete
Furnishing
Kitchen only
Service charge
13 AED/sqft
Buildings
1

Luma22 is a completed residential tower by TownX, situated within Jumeirah Village Circle and handed over in September 2024. A single building at 100 per cent construction readiness, it targets owner-occupiers and buy-to-let investors drawn to JVC's mid-market residential fabric.

# The tower and its position in Jumeirah Village Circle

JVC occupies a central band of new Dubai, sitting between Al Khail Road and Sheikh Mohammed Bin Zayed Road. The district was master-planned by Nakheel around a network of low-rise streets and park pockets, and it has matured considerably over the past decade into one of the city's more self-contained residential communities. Luma22 stands within that context as a single mid-rise building, its position oriented around a central garden rather than a main arterial road.

The building is complete and occupied, which removes the execution risk that shadows off-plan purchases elsewhere in the emirate.

# Residences, layouts and finish specification

Specific floor areas and unit counts have not been disclosed publicly for Luma22. What the project records confirm is that residences are delivered with kitchens fitted, while the remainder of each apartment is unfurnished. That arrangement suits buyers who prefer to specify their own living spaces without inheriting a developer's furniture package.

The kitchen specification draws on named brands. Cabinetry is modular and supplied under the Sicilia label, worktops are Quartz by Technestone, and appliances carry Siemens branding. Sinks are Carysil. Electrical fittings are Legrand throughout. Air conditioning units are Samsung, specified as energy-efficient and sound-insulated, and temperature control runs through a smart thermostat accessible by app.

Bathrooms are tiled throughout, with built-in shelving and storage integrated into the design rather than added as afterthoughts.

# On-site amenities

The facilities at Luma22 are straightforward and pitched at residents who want daily-use infrastructure without the operational complexity of a resort-style tower. A gym, swimming pools, a garden and a children's play area are available on site. The developer notes that gym facilities are provided separately for men and women.

The central garden is a meaningful design choice in JVC, where ground-level green space is distributed unevenly between buildings. Having it internal to the plot gives residents a degree of privacy that a standard podium terrace does not.

# Location: distances and daily logistics

Circle Mall, JVC's main retail and dining hub, sits 1.6 kilometres from the building, reachable in around five minutes by car. JSS International School is 400 metres away, a two-minute drive, which is a material consideration for families with school-age children. JVC Community Park is 1.3 kilometres out, roughly four minutes.

Downtown Dubai is 21.9 kilometres from Luma22, approximately 19 minutes in clear traffic. Dubai International Airport sits 29.5 kilometres away, a 23-minute drive. Sufouh Beach, the closest publicly accessible shoreline, is 10.2 kilometres, or 12 minutes.

The location does not offer walkability to the beach or to the city's primary commercial districts, but road connectivity via Al Khail Road is efficient, and the proximity to JSS makes it a practical base for families prioritising schooling over address prestige.

# Who the building suits, and where it sits in the current market

Luma22 is a completed asset in a district that consistently produces among Dubai's higher residential yields, often cited in the 6 to 7 per cent range for apartments. For an investor based in London, Frankfurt or Singapore, a tenanted JVC property offers gross income that compares favourably with prime central markets in those cities, where yields have compressed significantly.

The service charge is recorded at 13 AED per square foot, a figure that prospective buyers should factor into net yield calculations alongside financing costs if applicable.

For an end-user, the appeal is practical: a finished building with named-brand specifications, immediate occupancy, school access within walking distance, and a community park nearby. Luma22 does not position itself against the ultra-luxury towers of Palm Jumeirah or Dubai Harbour. It positions itself, more usefully, as a liveable, completed address in a district that the city's rental market has validated consistently over several years.

Structure

Payment plan

Payment plan
  1. Phase 1
    80%
    On booking
  2. Phase 2
    20%
    Upon Handover
Calculator

Payment plan worked out

Enter a target price to see how the payment stages land against your budget.

Stage%AED
On booking80%AED 0
Upon Handover20%AED 0
Total100%AED 0
Discuss this plan with an advisor

Indicative only. Your advisor will confirm the final numbers, including 4% DLD, trustee, admin, mortgage and developer-level charges.

Lifestyle

Amenities

Gym
Garden
Kids Play Area
Swimming Pools
Setting

Location

Set in JVC (Jumeirah Village Circle), Dubai. Explore more in our JVC (Jumeirah Village Circle) guide.

Nearby
  • Dubai International Airport29.5 km · 23 min
  • Downtown Dubai21.9 km · 19 min
  • Circle Mall JVC1.6 km · 5 min
  • JSS International School0.4 km · 2 min
  • Sufouh Beach10.2 km · 12 min
  • JVC Community Park1.3 km · 4 min

Distances and times shown are approximate, computed against generalised landmark coordinates and typical traffic conditions. Use them as a guide; actual commute time depends on building exit, district routing and time of day.

Resources

Documents

Escrow number
1006190449
Service charge
13 AED/sqft
Furnishing
Kitchen only
Construction start
2022-12-01
Construction end
2024-09-30
0
Buildings
1
Readiness
100%
Buildings
  • Building

    Studios, 1, 2, 3 bedroom apartments

Parking
  • 3 BR Apartment2 spaces
  • 1 BR Apartment1 space
  • 2 BR Apartment1 space
  • Studio Apartment1 space
Questions

Frequently asked

Who is the developer of Luma22?+

TownX

Where is Luma22 located?+

Luma22 is located in JVC (Jumeirah Village Circle), Dubai, United Arab Emirates.

When is Luma22 handing over?+

Handover is scheduled for SEP 2024; the project is 100% complete.

What is the price of Luma22?+

Prices at Luma22 start from AED 0.

Is Luma22 registered with escrow?+

Yes, Luma22 has escrow number 1006190449 with the Dubai Land Department.

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