Overview

Property Description

TownX Development, a boutique developer based in Dubai, has already delivered several residential projects across the emirate, such as Easy18, Easy19 and East40. In Q3 2021, Luma21, a five-storey residential development with four types of apartments, will be launched. In addition to studios and 1-3 bedroom apartments with living areas ranging from 489 sq.ft. to 1,264 sq.ft., investors and buyers can choose the apartment of their dreams. It offers a large number of units that come with all the amenities one would expect from a high-end developer.. The apartments have a balcony where you can relax after a tiring day, as well as an en-suite bathroom in each bedroom. With its floor-to-ceiling panoramic windows guaranteeing maximum natural light and maximum comfort, Luma21 residents will provide maximum comfort and an unforgettable experience to their owners. The bedroom windows offer stunning views of the surrounding luscious gardens. In addition to concierge services, security will be available to residents 24/7, and the modern lobby is the perfect place to wait for guests. There is definitely no time for boredom in Luma21, as residents will have a unique opportunity to walk around a podium garden located on the community's territory. Furthermore, the podium includes a children's playground for parents to enjoy as well.. The communal rooftop swimming pool provides stunning views of the Dubai skyline, and the on-site gym has state-of-the-art fitness equipment and a separate area for men and women. The price of a 1-bedroom apartment with an area of 700 sq.ft starts at AED 595,000 (USD 162,000) since Luma21 is located in a freehold property zone. *Prices are valid for 2022 In Luma21, you'll find a quiet lifestyle in Dubai, but at the same time have access to any part of the emirate in a matter of minutes. Due to the wide range of educational institutions located nearby, Luma21 may be of interest to families with children, while business professionals will appreciate its close proximity to Downtown Dubai. Luma 21 has the advantage of being a low-rise residential building that is never too loud. Residents can relax in the podium garden and in the rooftop pool, and concierge services are available 24/7. Luma21 may be a good investment for those looking for a stable income, as a 1-bedroom apartment in Jumeirah Village Circle can be rented out for AED 30,000 (USD 8,200) per year. As of April 1, 2023, the project is expected to be delivered with a ROI of 6.2%.

Location