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in a nutshell

Luma Park Views JVC is a new 25-story high-rise by TownX Development. It offers luxury 1, 2, and 3 bedroom apartments in Dubai's prestigious Jumeirah Village Circle. The project promises a sophisticated lifestyle experience that blends comfort and convenience

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Swimming pool
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Children's Playroom
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Gym
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Green Area

TownX Luma Park Views JVC Apartments in Dubai

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Luma Park Views, the latest development by TownX Development, is set to redefine luxury living in Dubai. The architectural marvel boasts of 25 storeys, comprising of lavish 1, 2, and 3 bedroom apartments that are designed to offer the ultimate living experience.

Located in the prestigious neighbourhood of Jumeirah Village Circle (JVC), Luma Park Views enjoys a prime location that offers quick and easy access to the major landmarks of the city. Residents can indulge in the pulsating lifestyle of Dubai while enjoying the peace and serenity of their new abode.

The development is situated in an area that is well-connected to major highways, allowing residents to reach the city's business hubs, educational institutions, healthcare facilities, and leisure destinations with utmost convenience. The well-planned road network ensures seamless connectivity, making it an ideal choice for individuals and families seeking a comfortable and convenient living experience.

The architectural masterpiece is a perfect blend of contemporary aesthetics and functional design. The high-rise building offers stunning views of the surrounding landscapes, while the elegant facade and expansive windows fill each unit with natural light, creating a bright and inviting ambiance.

Luma Park Views at JVC offers a range of thoughtfully designed residential units, including spacious residences that are meticulously crafted to maximize space utilization and provide a comfortable living experience. The interiors are adorned with high-quality finishes and fixtures, creating an atmosphere of refined elegance.

The development is equipped with a comprehensive array of world-class amenities to cater to the diverse needs of individuals and families. From a state-of-the-art fitness center and swimming pool to landscaped gardens and dedicated children's play areas, there is something for everyone. Additionally, 24-hour security and concierge services ensure peace of mind and convenience for all residents.

In summary, Luma Park Views is more than just a place to live, it's an experience that promises unparalleled comfort, convenience, and sophistication

Downtown Dubai
20 Mintues

to Downtown Dubai

Dubai Marina
20 Mintues

to Dubai Marina

DXB Airport
25 Mintues

to DXB Airport

DWC Airport
30 Mintues

to DWC Airport

About Location
Jumeirah Village Circle in Dubai

Luma Park Views is a brand new residential development located in the heart of Jumeirah Village Circle (JVC), one of Dubai's most popular and family-friendly areas. This area has a lot to offer, making it a great place to live, invest, or buy a residence in Dubai.

One of the biggest advantages of living in Luma Park Views is its convenient location, with easy access to the Al Khail Road. This means residents can easily travel to downtown Dubai, Dubai Marina, and other popular destinations in the city within just 20 to 25 minutes.

In addition to its great location, JVC is also home to a range of entertainment and leisure venues that are just a short drive away. For example, the Circle Mall is located just 5-15 minutes away from Luma Park Views and features 80 retail stores, 40 dining venues, and the largest indoor fitness and wellness destination in the area, spread over 75K sq. ft. Other popular shopping destinations in the area include Al Khail Avenue and City Centre Me’aisem.

Families with children will also appreciate the many attractions located near Luma Park Views, such as the Dubai Miracle Garden, which boasts over 150M flowers in full bloom, and the Dubai Butterfly Garden, which features more than 15K butterflies. Sports enthusiasts, on the other hand, might be interested in The Els Club Golf Course, designed by Ernie Els, a former US Open and Open Championship winner, as well as the Dubai Autodrome.

When it comes to education, JVC is home to a wide range of educational institutions, including Kids World Nursery JVC, Jumeirah International Nursery, and Jebel Ali Village Nursery, as well as JSS International School, Sunmarke School, Arcadia School, and Dubai British School. Meanwhile, residents of Luma Park Views can rest easy knowing that professional medical help is just a stone's throw away, with clinics like Magnum Clinic and Aster Clinic – JVC located nearby.

Buying a studio or an apartment in Luma Park Views is a great way to enjoy convenient living with maximum comfort and security. This investment opportunity is hard to miss, as Jumeirah Village Circle (JVC) has a rental yield of 7.7% for a 1-bedroom residence, which can be rented out from AED 36K (USD 10K) annually. Furthermore, after the project handover, you can sell your premises at a higher price, making it a wise and profitable investment in the long run.

Floor Plans of Luma Park Views

1-Bedroom apartment

Total

879 sqft

2-Bedroom apartment

Total

1242 sqft

3-Bedroom apartment

Total

1344 sqft

You do not need to pay the full price upfront

01.

10%

Downpayment

02.

50%

During construction

03.

40%

On handover

Frequently Asked Questions & Answers

According to Mercer’s survey 2024 Cost of Living City Ranking, Dubai still ranks in 15th position making it one of the appealing choices for real estate investors or buyers. According to the ideal estimation, the average cost of living in Dubai for an individual is between AED 5K to AED 5.5k monthly. Further, with a family of an average of four persons, one has to pay around AED 17K a month.

As a resident of UAE, you have to renew your driving license every 5 years. However, being a UAE or GCC national will increase this duration of renewal to 10 years. The process of license renewal is exceptionally easy as you can do this online via the RTA website, RTA smart App, Dubai Driving App or through self-service machines at any of the available Customer Happiness Centres. Additionally, it is significant for you to settle any of the traffic fines before the renewal. Besides, if you are under 21 you only need a valid Emirates ID. On the other hand, individuals above 21 age have to show an eye test certificate. The fee amount of this is AED 120 (USD 32) for customers younger than 21 and AED 320 (USD 87) for the driver above the age of 21. After applying for renewal you will get a temporary driving license. The time it will take for the renewal is between 5-15 days

You can sell your property in Dubai in just seven simple steps; Selecting a reputable real estate agent or agency, filling out forms A and B, Advertising your property for sale, setting the right price, signing Form F, Obtaining NOC, and finally transferring Ownership. These steps may vary, therefore, it is significant to take a property guide before selling your property asset.

There are various reasons why it is highly positive to invest in real estate in Dubai. One of the major reasons that make Dubai real estate attractive is the comparatively low prices of Emirates than Europe, America and Asia. Furthermore, investment in Dubai real estate is one of the major reasons in terms of reducing inflation. This is because there is a direct relation between the economic indicators and the demand for real estate. Another benefit of investing in Dubai real estate is a 3-year investor visa which you can obtain after purchasing ready-to-move property for a minimum amount of AED 750K (USH 205K), or a 5-year investor visa on opting for a ready-to-move residence for the initial cost of AED 2M (USD 545K). As a visa holder, you can bring your spouse and children to the UAE conveniently. Finally, the rental property in Dubai can generate an upto-staggering ROI of 8-10%, which is exceptionally impressive.

Many individuals wonder if foreigners can invest or buy property in Dubai and whether it can be considered a good long-term investment. The answer is yes, non-resident investors, expats, and foreign nationals in Dubai can own property on a freehold basis. This simply means that individuals can lease, buy or sell their property. Besides foreigners can buy property in Dubai for various lengths of time including freehold property, leasehold for up to 99 years or common hold with no age restrictions.

Dubai real estate is dynamic as well as comes in various price ranges from affordable property options to luxury real estate. The price of the residence is generally influenced by the location. On the other hand, the least expensive areas to buy apartments in the Emirates include Dubai Production City and International City. On the other hand, a few of the districts including NASHAMA Town Square and Serena offer low-cost exquisite living.

Dubai real estate offers plenty of property options, which you can opt for on an affordable budget. As of 2024, a few of the top affordable communities to invest in for beginners are Jumeirah Village Circle (JVC), International City, Dubai South and Dubai Investment Park.

In the bustling metropolis of Dubai, a shining Emirates of the UAE residents are allowed to buy properties in the designated freehold areas, Off-plan development, is highly appealing as their prices are exceptionally low and the developers offer attractive payment plans.

If you are a foreigner, you can acquire freehold ownership without any restriction whether it is a freehold property contract, off-plan property or a lease up to 99 years with no Visa required. Besides this, primarily you have two choices to invest in Dubai real estate either to invest in off-plan property or ready-to-move property.

The start with, the investment property market of Dubai offers high rental yields as compared to other stable real estate markets the ROI in Dubai is much higher that is up to 10% making it one of the highly appealing locations to invest. Additionally, the residences have world-class infrastructure, you can experience high-end living and economic stability all at once.

Off-plan properties in Dubai are the development projects that are under construction. In recent times, the interest of buyers in off-plan properties in Dubai has drastically increased. As per the news report by Arabia Business, in 2024 in July off-plan properties in Dubai, these properties accounted for 60% of property transactions which is a 49% increase from the previous year of 2023.

The process of buying an off-plan property in Dubai is exceptionally easy. As Dubai's real estate market is open for any of the buyers, the only things you will require are a Visa/Emirates ID and a passport copy.

Obtaining citizenship in the United Arab Emirates is easy and does not require a complex process. There are various neutralization methods including residency, marriage, merit, investment, Arabic proficiency and good reputation.

Purchasing a property in Dubai will grant you numerous positive outcomes from high rental yields of up to 10%, to unmatched amenities from exclusive and strategic locations to attractive opportunities to invest.

As the rule of residence, was implemented in 2019 that is UAE’s Golden Visa system offers long-term residence visas. This visa is automatically renewed on the condition that all the rules are adhered to. This visa is issued for the duration of 5 or 10 years.

Although the minimum investment amount required in Dubai depends on various factors the range may start from a few thousand AED to millions of AED. However, on average or according to the rough estimate the minimum investment amount in Dubai ranges from AED 10K to AED 50K.

Got Confused? Complete A Quiz & Get The Best Offers

Being qualified property experts with years of experience, we realize how confusing Dubai’s off-plan property market could be for new buyers, as well as for professional investors. Especially when there are thousands of off-plan properties in Dubai.

You won’t need to look through countless listings on other the UAE's property websites. We have gathered all available information about off-plan property in one place and created a short quiz for you to find your perfect home in less than two minutes. Follow simple steps on the screen to get your personal selection of projects that meet all your requirements.

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Our Expert Will Help You
Buy The Best Property in Dubai

Mohammad Reza

Agent

of Property Sales

Dubai, UAE Building 1 Office #103 Bay Square