Luzora Residences on Dubai Islands: Waterfront Off-Plan From DIA Development
DIA Development's Luzora Residences is on Dubai Islands, a waterfront district north of Deira. Bookings opened in March 2025, with construction beginning the following day. Handover is expected in June 2027. The project runs from one-bedroom apartments at AED 1.44M to four-bedroom apartments and a penthouse at AED 5.65M.
Dubai Islands: A Coastal Address at the Northern End of the City
Dubai Islands occupies a cluster of artificial islands off the Deira shoreline, connected to the mainland by road. Dubai International Airport is approximately 15 minutes away. Downtown Dubai, Business Bay, and DIFC are roughly 35 to 45 minutes under normal traffic conditions. For residents whose daily commute runs to those commercial and financial districts, the northern location means longer travel times compared to more central addresses.
What it offers in exchange is a coastal setting within Dubai's built-up area. The district is still in active development, with surrounding projects continuing to take shape. Buyers entering now arrive before the area reaches its mature form. The district's character will continue to evolve as more of the surrounding buildout completes over the coming years.
What AED 1.44M to AED 5.65M Covers
The range reflects genuine variety in unit type and size. One-bedroom apartments start at AED 1,443,000, with sizes from 575 sq ft to 963 sq ft across five configurations at entry price. One additional one-bedroom layout, 580 sq ft, is priced from AED 1,560,000. The spread within the one-bedroom category is nearly 400 sq ft, and buyers at the same price point are looking at very different apartments depending on which layout they select.
Two-bedroom units start at AED 2,548,000, sized from 1,350 to 1,517 sq ft. At the top, four-bedroom apartments (3,019 sq ft) and a four-bedroom penthouse (2,973 sq ft) both start at AED 5,652,000. The penthouse is slightly smaller than the standard four-bedroom at the same price. The difference between them is product type, not a market tier.
Getting In at 10%
The payment plan: 10% down, 50% during construction, 40% at handover. A 10% down payment is a low initial commitment for off-plan property in Dubai. On the AED 1.44M entry unit, the reservation amount is AED 144,000.
The construction-phase payments cover 50% of the price across the build period, running through mid-2027. The 40% due at handover is the largest single scheduled payment and falls due at key collection. There is no post-handover installment plan. Buyers will have committed 60% before receiving keys, with the remaining 40% falling due as a single payment at delivery in June 2027.
What the Building Offers
| Amenity | Category |
|---|---|
| Indoor Swimming Pool | Leisure |
| Gymnasium | Fitness |
| Landscaped Gardens | Outdoor |
| Children's Play Area | Family |
| Restaurants | Dining |
| CCTV Security | Safety |
The indoor pool is the notable feature here. Dubai's summer months limit outdoor pool usability for extended stretches; an indoor facility removes that seasonal constraint. The on-site restaurant gives residents access to food without leaving the building. The mix of gym, landscaped garden space, a children's play area, and dining positions this project toward families and resident owners rather than short-stay renters or serviced apartment operators.
June 2027 Handover: Around 10 Months Out
Construction began March 2025 with handover set for June 2027. That is a 28-month build from ground-break. As of mid-2026, the project is approximately 17 months in, leaving around 10 months to delivery. Buyers entering now are near the end of the off-plan phase. The time before handover is short, and so is the window for off-plan price movement before the project transitions to a completed asset.