2 bedroom apartment in Luma22 from Town Development - FERROCOM

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2 bedroom apartment in Luma22 from Town Development

Price at the start of sales

$ $507 400

Area premises

117 м2

Number rooms

3

Number bathrooms

2

Delivery date object

09.2024

Location: Dubai

 - Jumeirah Village Circle

Type of property - 

Project - 

Luma22

Developer - 

TownX Development

117 М 2
USD
  • RUB
  • USD
  • AED
  • EUR
507400

Characteristics

Show more

TRAVEL TIME

21

minutes

Marina Mall

18

minutes

Hotel Parus

16

minutes

Palm Jumeirah

27

minutes

Dubai Airport (DXB)

Luma22 is a 5—storey residential complex from the TownX Development company, which will be located in the prestigious Jumeirah Village Circle area in Dubai. Its construction should be completed in the third quarter of 2024. The project will have studios and apartments with 1-3 bedrooms ranging from 38 sq. m. to 159 sq. m. This project can be completed earlier than the stated deadline, the keys will be handed over upon completion. The deadline for the third payment is postponed to the date of receipt of the keys.

Panoramic windows will be installed in modern residences. The kitchens will be equipped with built-in German appliances, dining tables, comfortable armchairs. Thanks to the built-in shelves and large drawers in the bathrooms, residents will have enough storage space. Some properties will have a multipurpose room that can be used as a home office, storage room, servants' quarters, training or recreation areas. All Luma22 residences have a large balcony or terrace with a delightful view of the courtyard or the surrounding area.
Residents of the complex will be able to enjoy many amenities, including:
  • rooftop pool with sun loungers;
  • private courtyard garden with relaxation areas;
  • children's playground;
  • gym with separate rooms for men and women;
  • large decorated lobby;
  • concierge services.

layout

Payment Plan

30%

Booking

40%

During
construction

30%

At the completion
construction

Х

After completion of construction

district

Jumeirah Village Circle (JVC)

<h2>Jumeirah Village Circle (JVC) in Dubai: A Complete Overview of the District</h2> <div><a href="#1">1. Location and History</a> <a href="#2">2. Attractions</a> <a href="#3">3. Beach Leisure</a> <a href="#4">4. Infrastructure and Living Amenities</a> <a href="#5">5. Development of Residential Complexes and Real Estate</a> <a href="#6">6. Popular Residential Complexes</a> <a href="#7">7. Real Estate Properties</a> <a href="#8">8. Transportation Accessibility</a> <a href="#9">9. Investment Opportunities</a> <a href="#10">10. Property Acquisition</a></div> <h3 id="1">1. Location and History</h3> <div><strong>Jumeirah Village Circle (JVC)</strong> is located in the heart of Dubai, United Arab Emirates. This modern residential area is approximately 25 kilometers southeast of the Downtown Dubai business district and in close proximity to International City and Dubai Silicon Oasis. The project was launched in 2005 by developer Nakheel Properties, one of the largest real estate developers in the region. Today, JVC covers an area of approximately 2.6 square kilometers and continues to expand aggressively, offering a variety of housing and infrastructure options for its residents.</div> <h3 id="2">2. Attractions</h3> <div>JVC is famous for its numerous attractions that create a comfortable and attractive living environment: <strong>- Central Park:</strong> The park has a total area of about 29 hectares, providing residents with green recreational areas, sports fields and children's play facilities. <strong>- Fountains and Lakes:</strong> There are more than 8 artificial lakes and fountains in the neighborhood, creating scenic views and contributing to a pleasant atmosphere. <strong>- The Circle:</strong> A central pedestrian zone with boutiques, cafes and restaurants with a total area of about 1 square kilometer. <strong>- Sport Street:</strong> A sports area with modern tennis, basketball and soccer courts.</div> <h3 id="3">3. Beach Recreation</h3> <div>JVC is not located directly by the sea, but its strategic location provides easy access to the nearest beaches: <strong>- Al Sufouh Beach:</strong> Located approximately 20 minutes away by car, offering 5 kilometers of golden sand and the clear, clear waters of the Persian Gulf. <strong>- Jumeirah Beach:</strong> Located about 25 kilometers from JVC, it is known for its well-developed infrastructure, including sun beds, umbrellas, restaurants and entertainment facilities. <strong>- Sea Sports:</strong> Water sports equipment rental services such as kitesurfing, windsurfing and diving are available around the beaches.</div> <h3 id="4">4. infrastructure and lifestyle amenities</h3> <div>Jumeirah Village Circle provides its residents with a wide range of infrastructural amenities: <strong>- Educational Institutions:</strong> More than 15 schools are located in the area, including renowned international schools such as Dubai British School and GEMS Wellington International School. <strong>- Medical Centers:</strong> Several clinics and pharmacies including Aster Clinic and Life Pharmacy are present, providing access to quality medical care. <strong>- Shopping centers and supermarkets:</strong> JVC has several large supermarkets such as Carrefour and Spinneys, as well as many stores and boutiques. <strong>- Restaurants and Cafes:</strong> There are over 50 eateries in the area offering a wide variety of cuisines with an emphasis on Arabic, Asian and international cuisine. <strong>- Sports and Fitness Centers:</strong> JVC is equipped with state-of-the-art fitness clubs, tennis courts, swimming pools and yoga studios, promoting an active lifestyle for residents. <strong>- Parking & Security:</strong> All residential complexes are equipped with underground parking lots, and CCTV and 24/7 security systems are in place to ensure safety and security.</div> <h3 id="5">5. Residential and real estate development</h3> <div>Jumeirah Village Circle is actively developing a variety of residential complexes that cater to different categories of residents: <strong>- Number of Residential Complexes:</strong> There are over 30 residential complexes in the area, each offering unique architectural designs and layouts. <strong>- Housing types:</strong> JVC offers apartments, villas, townhouses and duplexes to meet the needs of young professionals and families with children. <strong>- Built-up area:</strong> Modern residential buildings have a total built-up area of more than 1.5 million square meters, including residential, commercial and entertainment spaces. <strong>- Eco-Friendly Solutions:</strong> Many of the complexes are equipped with energy-saving, recycling and green covered terraces, contributing to the sustainable development of the neighborhood.</div> <h3 id="6">6. Popular residential complexes</h3> <div>Some of the most popular residential complexes in JVC include the following: <strong>- GEMS Boulevard:</strong> Contemporary apartments overlooking central lakes and parks, offering high-quality finishes and a wide range of amenities. <strong>- Villa Circle:</strong> A residential complex of villas and townhouses surrounded by green spaces and private gardens. <strong>- Signature Tower:</strong> A high-rise building with luxury apartments, rooftop pools and a fitness center. <strong>- Chateau Riverside:</strong> Luxury apartments with panoramic windows, spacious balconies and views of the artificial lake. <strong>- Bella Vista:</strong> Family apartments with access to playgrounds, sports areas and landscaped parking lots.</div> <h3 id="7">7. Properties</h3> <div>Jumeirah Village Circle offers a variety of property types to meet the different needs of buyers and investors: <strong>- Apartments:</strong> From studios to two-bedroom apartments, ranging from 800 to 2,500 square feet. The average price per square foot is around 700 AED. <strong>- Villas and Townhouses:</strong> Spacious homes ranging from 3,500 to 10,000 square feet with 4-6 bedrooms, private gardens and swimming pools. Prices range from 1,500,000 AED to 10,000,000 AED. <strong>- Penthouses and Duplexes:</strong> Exclusive housing options with luxurious interiors, private terraces and city views. The cost of such properties starts from 3,500,000 AED. <strong>- Commercial Property:</strong> Office space and retail space available for rent and purchase, supporting the development of small and medium-sized businesses in the area.</div> <h3 id="8">8. Transportation Accessibility</h3> <div>JVC has excellent transportation accessibility, making it convenient to get around the city: <strong>- Car:</strong> The neighborhood is located 25 minutes from Dubai International Airport and 20 minutes from Sheikh Mohammed Bin Zayed Road, one of the city's main thoroughfares. <strong>- Public transportation:</strong> Regular bus routes connect JVC to major areas of Dubai including Dubai Marina, Downtown Dubai and Dubai Silicon Oasis. There are also plans to build a metro station in the area, which will improve transportation accessibility. <strong>- Cabs and Carsharing:</strong> Widespread cab services such as Uber and Careem provide quick and convenient access to different parts of the city. <strong>- Pedestrian and Bicycle Paths:</strong> A well-developed network of sidewalks and bicycle routes within the neighborhood encourages active walking and bicycling, especially for families with children and those who enjoy a healthy lifestyle.</div> <h3 id="9">9. Investor Opportunities</h3> <div>Jumeirah Village Circle offers many advantages for real estate investors: <strong>- High rental demand:</strong> Due to its affordable prices and developed infrastructure, the average rental yield for apartments is around <strong>6-8%</strong> per annum. <strong>- Rising real estate prices:</strong> Residential real estate prices in JVC are steadily rising at <strong>5-7%</strong> per year, which provides good potential for capital appreciation. <strong>- Range diversification:</strong> The variety of housing types allows investors to choose between long-term and short-term rentals as well as resale opportunities. <strong>- Infrastructure development:</strong> Continued investment in roads, schools, parks and commercial facilities add to the neighborhood's attractiveness and investment value. <strong>- Tax advantages:</strong> No tax on rental income and capital gains makes investing in JVC real estate even more attractive. <strong>- Exclusive Offers:</strong> Developers often offer special promotions and discounts for investors, which can reduce upfront costs and increase returns.</div> <h3 id="10">10. Real Estate Acquisition</h3> <div>The process of acquiring property in Jumeirah Village Circle is as simple and transparent as possible for foreign investors: - Freehold Zone: Foreigners are entitled to full ownership of apartments and villas in JVC, which is ensured by the Freehold Zone. - Financial Instruments: A wide range of mortgage programs from local banks with competitive interest rates, allowing the purchase of property with partial payment. - Legal support: The presence of numerous agencies and law firms specializing in real estate in Dubai, provides safe and transparent transactions. - Transparent transactions: Dubai's strict real estate regulations, including mandatory notarization and registration through regulated bodies, ensure the protection of investors' rights. - Taxation: There is no tax on rental income and capital gains in the UAE, which makes investing in real estate even more financially rewarding. - Ease of Process: Simple and quick procedure for buying real estate, including minimal document requirements and no need for personal presence in the country.</div> <strong>Conclusion</strong> <strong>Jumeirah Village Circle (JVC)</strong> is a dynamic residential neighborhood in Dubai that combines affordable prices, a variety of housing types and advanced infrastructure. With its strategic location, convenient transportation accessibility and a host of lifestyle amenities, JVC is becoming an increasingly popular choice for families and investors alike. With stable real estate price appreciation and high yields, JVC offers excellent investment opportunities while providing comfort and quality of life to its residents. <strong>Ferrocom Real Estate</strong> is your real estate guides in Dubai! We can help you find the perfect place to live in Jumeirah Village Circle or any other neighborhood in Dubai. We offer a wide range of apartments, villas and townhouses at the best prices. Contact us today and start realizing your dreams of living in Dubai!

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