Lume Residence: JVC Entry Point With a 10% Down
S&S Development launched Lume Residence in Jumeirah Village Circle's District 18 in mid-2025. The project offers apartments across three configurations, from studios to two-bedrooms, targeting buyers who want central Dubai exposure without the price premium of waterfront communities. For off-plan buyers, the key figure is the entry cost: 10% down with handover expected in September 2027.
What JVC District 18 Means Practically
JVC sits in central-new Dubai, bounded by Al Khail Road to the east and Sheikh Mohammed Bin Zayed Road to the west. Both arterials connect directly to Dubai's main employment corridors. The commute to Business Bay runs around 20 minutes off-peak; Dubai Marina is roughly 15 minutes; Dubai International Airport is around 30 minutes depending on the route.
District 18 occupies the northern section of JVC, primarily residential in character, with the internal road layout buffering residents from arterial traffic. For an end-user, that translates to a quieter daily environment while remaining within minutes of JVC's retail and service infrastructure. For an investor, JVC's central Dubai position gives access to commuting routes for multiple employment hubs, from Marina to Downtown to the business districts further east.
Three Unit Types, One Wide Price Range
The price range runs from AED 695,777 to AED 1,586,777. The spread reflects three distinct unit categories across a clear size progression.
| Type | Size | Starting Price |
|---|---|---|
| Studio | 348 sq ft | AED 695,777 |
| 1-Bedroom | 595 sq ft | AED 1,048,777 |
| 2-Bedroom | 1,118 sq ft | AED 1,586,777 |
The studio at 348 sq ft is the lowest-ticket entry in the building, suited to the yield-focused buyer who wants JVC exposure at minimum capital outlay. The one-bedroom at 595 sq ft crosses AED 1M and suits a single professional or couple needing a dedicated bedroom. The two-bedroom at 1,118 sq ft and AED 1,586,777 is the largest format, suited to a family buyer or an investor targeting the larger apartment category in JVC.
Amenities
| Category | Facilities |
|---|---|
| Recreation | Indoor Swimming Pool, Gymnasium |
| Outdoor | Landscaped Gardens, Children's Play Area |
| Services | Restaurants, CCTV Security |
Six amenities across four categories. The indoor pool is the standout. A covered pool functions year-round without the summer heat restriction that affects outdoor facilities in Dubai. The gymnasium covers the in-building fitness option for residents who prefer not to leave the building. The landscaped gardens and children's play area together create outdoor leisure space for families, pointing to the intended resident profile. The restaurant amenity adds daily convenience for residents.
Entering in 2025, Handing Over in 2027
Construction started on July 1, 2025. Expected handover is September 30, 2027, a 26-month window from groundbreaking. Booking opened on June 30, 2025, placing buyers who sign now at the earliest stage of the build.
For off-plan buyers, entering at construction start means pricing is fixed before construction value accumulates on site. The 26-month runway gives buyers approximately two years to manage construction-phase instalments before the handover payment falls due.
Getting In for 10%
Two payment plans are available:
| Milestone | Option 1 | Option 2 |
|---|---|---|
| Down payment | 10% | 20% |
| During construction | 50% | 40% |
| At handover | 40% | 40% |
Option 1 opens with a 10% down payment, the lower entry of the two. The construction-phase commitment rises to 50%, distributed across instalments through mid-2027. Option 2 doubles the down payment to 20% and reduces the construction-phase burden to 40%. Both plans converge at 40% due at handover.
Option 1 conserves initial capital at the cost of higher ongoing instalments. Option 2 front-loads more capital upfront but reduces the instalment pressure across the 26-month build period.