Luma 22, JVC

Jumeirah Village Circle (JVC), Dubai

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Strengths

Modern architectural design

Prime location in Jumeirah Village Circle

High-quality construction materials

Weakens

Limited parking space

Higher maintenance fees

Noise from nearby construction

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Strengths

Modern architectural design

The building features a contemporary design that appeals to modern aesthetics.

Prime location in Jumeirah Village Circle

Luma 22 is situated in a vibrant community with easy access to amenities and transportation.

High-quality construction materials

The use of durable materials ensures longevity and reduced maintenance needs.

Weaknesses

Limited parking space

Residents may face challenges finding parking, especially during peak hours.

Higher maintenance fees

The maintenance costs may be on the higher side compared to similar buildings in the area.

Noise from nearby construction

Ongoing construction in the vicinity may lead to noise disturbances for residents.

Considerations

Investment potential

The growing popularity of JVC suggests a strong appreciation in property value.

Accessibility to public transport

Consider the availability of public transport options for commuting purposes.

Community amenities

Evaluate the nearby facilities such as parks, schools, and shopping areas for convenience.

Buildign Overview

Summary

Luma 22 is a contemporary residential building located in the vibrant Jumeirah Village Circle (JVC) district of Dubai.
This area is known for its family-friendly atmosphere, close proximity to major highways, and thriving local community.
Residents enjoy easy access to essential amenities such as supermarkets, schools, and parks, making it an ideal location for families.
JVC is known for its mix of high-rise towers and low-rise villas, providing a unique living experience compared to other areas in Dubai.

Properties Overview

The building offers a variety of residential units including spacious apartments with stunning interiors.
Popular choices include 1-bedroom and 2-bedroom apartments, catering to both singles and small families.
Rental prices typically range from AED 45,000 to AED 80,000 per year, while sales prices can vary from AED 650,000 to AED 1.2 million depending on the unit size and floor.

Market Trends

In the past year, the rental market in JVC has shown a steady increase, with demand rising for well-located properties like Luma 22.
Sales trends indicate a healthy market with growing interest from both expatriates and investors, particularly due to competitive pricing.
The expected return on investment (ROI) for properties in this area remains promising, with many investors looking towards long-term rental yields.

Living and Investing in the Building

Amenities, Schools, and Healthcare

The vicinity boasts several supermarkets, reputable schools, and healthcare facilities, ensuring that residents have access to essential services.
Nearby shopping destinations and dining options further enhance the convenience of living at Luma 22.

Transportation and Accessibility

Excellent public transportation links, including bus services and planned metro stations, make commuting easy.
The building provides convenient parking facilities for residents and visitors, improving accessibility to the wider city.

Lifestyle Amenities

Amenities include a state-of-the-art fitness center, swimming pool, and landscaped gardens for relaxation.
Residents can enjoy local cafes and restaurants as well as nearby recreational spaces for outdoor activities.

Builing Facilities

Luma 22 features modern elevators, 24/7 security services, and efficient central air conditioning.
Professional maintenance services are in place to cater to residents' needs promptly.

Special Services

The building offers concierge services to assist residents with daily needs and unique requests.
Business centers and meeting rooms are available, catering to residents who work from home or need professional spaces.

Planning Your Move or Investment

Floor Plans and Property Types

A variety of floor plans are available, ranging from cozy studios to spacious family-sized apartments to suit diverse lifestyles.
Each unit is designed with modern finishes and thoughtful layouts to maximize space and comfort.

Things to Consider

Prospective renters and buyers should evaluate their lifestyle needs, budget, and long-term investment goals before making a choice.
Consider the amenities offered, building management, and neighborhood dynamics when deciding.

Useful FAQs and Support

Events and Building Life

Building Events

Luma 22 hosts regular community events and social gatherings, fostering a strong sense of community among residents.
These events provide opportunities for networking and building relationships within the building.

Community Identity

The building is recognized for its modern architectural design and commitment to providing a quality living experience.
Community-driven initiatives and resident engagement set Luma 22 apart as a desirable place to live.

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Detailed Buiding Insights

1. Family Friendliness

Luma 22 is designed with families in mind, featuring spacious apartments, nearby parks, and family-friendly activities, creating an ideal environment for raising children.

Exceptionally Welcoming

2. Living Options

The community offers a variety of living options, from 1-bedroom to 3-bedroom apartments, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The area is monitored with effective security measures including gated access and surveillance cameras, ensuring residents feel safe at all times.

Remarkably Secure

4. Transportation

Public transport is accessible within a short distance, and major roads are nearby, though peak hours can lead to traffic congestion.

Moderately Convenient

5. Amenities And Facilities

Residents have access to a range of amenities such as a swimming pool, gym, playgrounds, and nearby shopping centers, enhancing the overall living experience.

Richly Equipped

6. Cost Of Living

While slightly above the average for the region, the costs are justified by the quality of living and facilities available to residents.

Relatively Balanced

7. Things To Do

A variety of entertainment options are available, including restaurants, cafes, and cultural centers, providing ample activities for all ages.

Vibrantly Diverse

8. Noise Levels

Despite being a lively area, the community is designed to minimize noise, allowing for a tranquil living environment.

Generally Peaceful

9. Pet Friendliness

Pets are welcome, with designated park areas and policies that support pet ownership, making it a great place for pet lovers.

Warmly Accommodating

Schools

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Key Information

Developer: TownX Real Estate Development

Building Type: Residential

Building Age: completed in 2024

Unit Types : Studio, 1, 2 and 3-bedroom apartments

Floors: 5

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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