Lumea Residence on Dubai Islands: 1-3 Bed Apartments from AED 1.59M
Green Horizon Development is building Lumea Residence on Dubai Islands, with completion targeted for January 2028. The project offers one-, two-, and three-bedroom apartments, priced from AED 1,589,000 to AED 3,500,000.
The price range maps directly to the three unit sizes. A 1-bedroom at 743 sq ft starts at AED 1.59M, pricing at roughly AED 2,140 per sq ft. A 2-bedroom at 1,195 sq ft is listed at AED 2.264M (AED 1,895 per sq ft). The 3-bedroom at 1,851 sq ft comes in at AED 3.5M (AED 1,891 per sq ft). The 1-bedroom carries a per-square-foot premium over the two larger units. Between the 2-bedroom and 3-bedroom, the cost per square foot is nearly identical, making that step up a question of total spend rather than efficiency.
Dubai Islands: Waterfront Position, Developing Community
Dubai Islands sits off the coast of Deira, connected to the mainland by road bridges. It is a developing waterfront community. Public infrastructure and retail are still building out, and the area is earlier in its development cycle than more established Dubai districts.
From Dubai Islands, Dubai International Airport is roughly a 20-minute drive. Downtown Dubai and Business Bay are 35-40 minutes in normal traffic. For someone working in Deira, Al Qusais, or near the airport, the commute works well. For a buyer commuting daily to DIFC or the Marina, the drive is the main trade-off.
What the Unit Mix Tells You
All units at Lumea Residence are apartments. The 1-bedroom at AED 1.59M is the investor entry point, offering a waterfront foothold at the lower end of the project's range. At 743 sq ft, it works for a single occupant or a couple. The 2-bedroom at AED 2.264M at 1,195 sq ft gives meaningful room for a family or a buyer working from home. The 3-bedroom at AED 3.5M at 1,851 sq ft is the family unit, sized for those planning to live on Dubai Islands over the longer term.
Getting In for 10%
| Stage | Payment |
|---|---|
| Down payment | 10% |
| During construction | 25% |
| On handover (Jan 2028) | 65% |
The 10% down payment keeps the initial commitment low, and the 25% construction installments spread across the build period. The critical number is the handover payment: 65% of the purchase price falls due in January 2028. On a 1-bedroom at AED 1.59M, that's approximately AED 1.03M at completion. The structure is back-loaded, with the large majority of the purchase price concentrated at the handover stage.
What the Amenities Say
| Category | Facilities |
|---|---|
| Fitness & Wellness | Indoor Swimming Pool, Gymnasium |
| Outdoors | Landscaped Gardens |
| Security | CCTV Security |
| Dining & Community | Restaurants, Children's Play Area |
The indoor pool stands out. It remains usable through Dubai's summer months, when outdoor pools see significantly reduced use due to heat. The on-site restaurants and children's play area point to a complex built around self-contained living. For buyers in a district where surrounding retail and dining are still building out, having those amenities within the development has clear practical value.
Construction Progress and Timeline
Lumea Residence broke ground in October 2025, targeting a January 2028 handover. A buyer entering now is about 8-9 months into the build cycle, with roughly 18 months remaining. The construction is underway and the completion window is defined. For an off-plan purchase, entering mid-construction with visible build progress and a clear delivery date is a more grounded position than buying at launch.