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Dubai · District 11

Lua Residences by Swank Developments

At a glance

Specifications

Address

Dubai,Mohammed Bin Rashid City,District 11,Lua Residences

Price range

AED 6,300,000–8,670,000

Completion

Ready

Payment plan

15% / 35% / 50%

Property type

Villa

About this project

Lua Residences: Four to Six-Bedroom Villas in MBR City for 15% Down

Swank Developments built Lua Residences as a villa community in District 11, Mohammed Bin Rashid City. Booking opened in May 2024. Construction followed a month later, in June 2024. The expected completion date was January 2026, which has now passed. Buyers entering at this stage are approaching a project at or past the delivery threshold rather than committing to a long build-out period.

The development offers villas exclusively: four, five, and six-bedroom layouts. No apartments or townhouses.

Getting In for 15%

Phase Percentage
Down payment 15%
During construction 35%
At handover 50%

The 15% down payment is the standout feature of this payment structure. On the four-bedroom at AED 6,300,000, the initial deposit comes to roughly AED 945,000. For the five and six-bedroom units at AED 8,670,000, that opening requirement rises to approximately AED 1.3 million.

The construction phase carries 35%, spread across the build period. The back-loaded 50% falls at handover. Since the original completion date has passed, that handover payment is the near-term financial event for buyers now.

What AED 6.3M to AED 8.67M Buys Here

The price range runs from AED 6.3 million to AED 8.67 million, a gap of AED 2.37 million. That spread is driven by size and bedroom count.

The four-bedroom villa at 3,437 sq ft opens the range at AED 6,300,000, which works out to approximately AED 1,834 per sq ft. Stepping up to five bedrooms brings two layout options: Type 1 at 4,579 sq ft or Type 2 at 4,842 sq ft, both priced at AED 8,670,000. The six-bedroom runs to 7,259 sq ft at the same AED 8,670,000 price.

That pricing structure means the choice between a five and six-bedroom is a size question, not a price question. The six-bedroom buyer gets roughly 2,400 to 2,700 sq ft more floor area for the same ticket price as any five-bedroom unit.

The four-bedroom suits buyers wanting to enter MBR City villa ownership at the lower price tier. The five-bedroom serves larger households or those needing separate space for staff, remote work, or extended family. The six-bedroom at 7,259 sq ft is a full-scale family residence.

District 11, Mohammed Bin Rashid City

MBR City occupies land between Downtown Dubai and Nad Al Sheba. District 11 is a residential villa zone within that master development, with Meydan to the south and Ras Al Khor to the northeast. Downtown Dubai sits roughly 15 to 20 minutes away by car. Dubai International Airport is approximately 25 to 30 minutes east.

The address offers practical access to central Dubai while maintaining a lower-density, community-oriented environment. For families committed to villa living, the MBR City location brings central Dubai within commuting range without requiring an apartment trade-off.

What the Community Offers

Category Facilities
Recreation Indoor Swimming Pool, Gymnasium
Outdoor Landscaped Gardens, Children's Play Area
Dining Restaurants
Security CCTV Security

The indoor swimming pool is the notable item here. An indoor pool provides year-round usability, which matters when outdoor temperatures make outdoor pools impractical for several months of the year.

The remaining amenities align closely with a family resident profile: a gymnasium for daily fitness, landscaped gardens and a children's play area for outdoor use, and on-site restaurants for day-to-day convenience. CCTV security covers the development perimeter.

Six amenities in total. The list is focused and addresses the practical needs of a family household without expanding into an extensive resort-style amenity package.

Payment plan

Pay as construction progresses

  1. Step 0115%
    Down payment15% paid
  2. Step 0235%
    During construction50% paid
  3. Step 0350%
    On handover100% paid

Schedule totals 100% at handover. Exact dates confirmed in your Sale & Purchase Agreement (SPA).

Construction

Where the project stands

  1. May 2024

    Booking started
  2. Jun 2024

    Construction started
  3. Jan 2026

    Expected completion
Lifestyle

What's on site

Location

Where it sits

Dubai,Mohammed Bin Rashid City,District 11,Lua Residences

Open in Google Maps
FAQ

Questions buyers usually ask

Q01

What is the starting price for villas in Lua Residences?

Villas in Lua Residences start from AED 6,300,000, providing a luxurious living experience in Mohammed Bin Rashid City, Dubai. With a maximum price of AED 8,670,000, this project caters to high-end buyers looking for premium properties in a prime location.

Q02

What types of properties and prices are available in Lua Residences?

Lua Residences features stunning villas priced between AED 6,300,000 and AED 8,670,000. This exclusive development in Mohammed Bin Rashid City, Dubai offers a unique opportunity to invest in high-quality off-plan real estate.

Q03

What is the payment plan for Lua Residences?

Lua Residences offers a flexible payment plan with a 15% down payment, followed by 35% during construction and 50% upon handover. This attractive payment structure provides an excellent pathway for buyers looking to invest in Dubai's real estate market.

Q04

When will Lua Residences be ready for occupancy?

Lua Residences is expected to be completed by January 1, 2026. This gives buyers ample time to prepare for their new luxury villa in Mohammed Bin Rashid City, Dubai.

Q05

Where is Lua Residences located?

Lua Residences is situated in Mohammed Bin Rashid City, District 11, Dubai. This prime location offers easy access to major attractions and amenities, making it an ideal choice for luxury living.

Q06

Who is developing Lua Residences?

Lua Residences is developed by Swank Developments, a reputable name known for creating high-quality residential projects in Dubai. Their commitment to excellence ensures that buyers can expect top-notch construction and design.

Q07

What amenities are available in Lua Residences?

Lua Residences boasts impressive amenities, including an indoor swimming pool, landscaped gardens, CCTV security, a gymnasium, restaurants, and a children's play area. These features enhance the luxury lifestyle for residents in Mohammed Bin Rashid City.

Q08

What types of properties are available in Lua Residences?

Lua Residences offers exclusive villas, providing a luxurious living environment in one of Dubai's most sought-after districts. This development is perfect for families and individuals seeking exceptional properties.

Q09

Is Lua Residences a good investment opportunity?

Investing in Lua Residences is promising due to its prime location in Mohammed Bin Rashid City and the potential for capital appreciation. The luxury villas cater to high-net-worth individuals, ensuring strong rental yields and long-term ROI.

Q10

How can I book a villa in Lua Residences?

To book a villa in Lua Residences, interested buyers can contact the developer, Swank Developments, for detailed information and guidance on the booking process. Don’t miss the chance to secure your luxury villa in Dubai!

Ready when you are

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