LUME Residences
LUME Residences offers contemporary studio, 1 and 2 bedroom apartments in Jumeirah Village Circle, featuring refined urban deco design, premium amenities, and excellent connectivity across Dubai.
Starting from
AED 1,000,000
LUME Residences is an off-plan development by S and S Developments in Jumeirah Village Circle (JVC), Dubai. Prices start from AED 1,000,000 with a 60/40 payment plan. Handover is expected 2027, 3 unit types are available.
Updated Oct 2026 · Peak Trust Global Real Estate
Project Highlights
- Bedrooms
- Studio to 2 BR
- Area Range
- 335 to 1318 sqft
- Payment Plan
- 60/40
- Handover
- Q3 2027
- Status
- Off Plan
- Developer
- S and S Developments
Market Intelligence
Data-driven investment insights for LUME Residences
Off-plan sales in Jumeirah Village Circle (JVC) have grown 1.8×, from 11,882 deals in 2023 to 21,432 in 2025, on pace for ≈12,408 in 2026. Prices in Jumeirah Village Circle (JVC) are recovering, up 7% in the last year. LUME Residences commands a 15–20% premium over the area average, in line with new premium stock.
1.8×
Demand growth
Area deals · 2023→2025
+7%
Area price trend
Off-plan AED/sqft · latest YoY
AED 2,040
Price / sqft
Asking · 1 BR
2
Developer projects
S · #538 by sales
182
Total units
Off-plan registrations
Buyer Demand
Off-plan transactions per year · area
Off-plan sales in Jumeirah Village Circle (JVC) have grown 1.8×, from 11,882 deals in 2023 to 21,432 in 2025, on pace for ≈12,408 in 2026.
Solid = deals registered so far; outline = projected full-year from the year-to-date pace. Recent deals take a few weeks to appear in official records, so the current count is a conservative estimate.
Price Momentum
+7% · YoYOff-plan price per sqft (AED) · area
Prices in Jumeirah Village Circle (JVC) are recovering, up 7% in the last year.
Price Positioning
Median sold price by unit type (AED / sqft) · project vs wider area
LUME Residences commands a 15–20% premium over the area average, in line with new premium stock.
Developer Strength
S AND S REAL ESTATE DEVELOPMENT L.L.C
2
Total projects
0
Active now
A top-538 Dubai developer by sales volume, #220 by project count (of 823+): 1 delivered, 0 active.
Investor Snapshot
FreeFactual figures for serious investors: comparable sales, rental income & market structure.
Gross rental yield
District 1BR · indicative
Off-plan share
Area sales · recent
Booking capital
50% during construction
Recent Comparable Sales
| Date | Type | Sqft | AED/sqft | Price |
|---|---|---|---|---|
Source: official records · area
Rental Income Potential
Payment schedule (50 / 50)
Rents: registered Ejari contracts. Payment: from-price basis.
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Market data: LUME ResidencesKey figures for LUME Residences in Jumeirah Village Circle (JVC) from official transaction records (registry area: Al Barsha South Fourth). Updated Jul 2026.View source data
| Sold price / sqft (1-bed) | AED 1,623 |
|---|---|
| Area average price / sqft | AED 1,379 |
| Asking price / sqft (1-bed) | AED 2,040 |
| Total units (off-plan reg.) | 182 |
| Total projects | 2 |
|---|---|
| Delivered | 1 |
| Active / under construction | 0 |
| Rank by sales volume (Dubai) | #538 of 823 |
| Rank by projects (Dubai) | #220 of 823 |
| Year | AED / sqft |
|---|---|
| 2021 | AED 2,096 |
| 2022 | AED 1,630 |
| 2023 | AED 1,459 |
| 2024 | AED 1,284 |
| 2025 | AED 1,379 |
| Year | Transactions |
|---|---|
| 2023 | 11,882 |
| 2024 | 18,826 |
| 2025 | 21,432 |
Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Jul 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.
About LUME Residences – Jumeirah Village Circle (JVC), Dubai, UAE
Contact Peak Trust for LUME Residences
Phone
+971 50 226 0017Office Hours
Monday to Saturday, 10am to 11pm. Sunday closed.
Office Location
Office No. 903, Al Moosa Tower 2, 1503 Sheikh Zayed Road, Trade Centre First, Dubai, UAE
Peak Trust Global Real Estate is UAE's leading property consultancy. Contact our expert team for detailed information about LUME Residences, schedule viewings, and get assistance with financing options. Call us at +971 50 226 0017 or email [email protected].
Real Estate Agent | UAE | English, Arabic
Amenities & Features
Available Unit Types
Studio Apartment
Starting from
AED 1,000,000
1 Bedroom Apartment
Starting from
AED 1,013,777
Up to AED 1,312,777
2 Bedroom Apartment
Starting from
AED 1,624,777
Up to AED 1,654,777
| Unit Type | Bedrooms | Area Details | Starting Price | Action |
|---|---|---|---|---|
Studio Apartment | Studio | 335-382 sqft | AED 1,000,000 | |
1 Bedroom Apartment | 1 | 497-715 sqft | AED 1,013,777 Up to AED 1,312,777 | |
2 Bedroom Apartment | 2 | 1,118 sqft | AED 1,624,777 Up to AED 1,654,777 |
Payment Plan
60/40
- 60%
During Construction
During construction
Payable in installments during construction period
- 40%
On Handover
On handover
Final payment upon project completion
Gallery
Developer Profile - S and S Developments
Learn moreLocation
Nearby Places
Frequently Asked Questions
LUME Residences offers studios, 1 bedroom apartments, and 2 bedroom apartments designed with modern layouts and premium finishes.
The project features a 60/40 payment plan with 60 percent payable during construction and 40 percent due on handover.
The expected handover for LUME Residences is scheduled for Q3 2027.
LUME Residences is located in Jumeirah Village Circle, Dubai, with easy access to major highways and key destinations.
Amenities include a swimming pool, indoor gym, padel court, clubhouse, BBQ area, landscaped gardens, and outdoor fitness spaces.
Prices at LUME Residences start from AED 1,000,000, in Jumeirah Village Circle (JVC), Dubai. Contact Peak Trust for the latest availability and full price list.
LUME Residences is developed by S and S Developments.
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