Question 1

Where is Lume Residences by S&S Development located?

Accepted Answer

Lume Residences is located at Jumeirah Village Circle (JVC), close to Sheikh Mohammed Bin Zayed Road and Al Khail Road.

Question 2

What types of properties are available at Lume Residences at JVC?

Accepted Answer

The properties at Lume Residences at JVC include studios, 1-bedroom and 2-bedroom apartments.

Question 3

How much does a property at Lume Residences at JVC cost?

Accepted Answer

Studios are available from 650 000 AED (177 000 $). To buy a 1-bedroom apartment at Lume Residences at JVC you can pay from 950 000 AED (258 700 $), and 2-bedroom apartments start from 1 350 000 AED (367 600 $).

Question 4

What is the interest-free payment plan for Lume Residences at JVC?

Accepted Answer

For those looking to buy a property at Lume Residences, there is a 60/40 interest-free payment plan: 10% on booking, 10% every six months until February 2027, and 40% upon handover.

Question 5

When is the handover of property at Lume Residences at JVC?

Accepted Answer

Lume Residences by S&S is scheduled for handover in Q2 2027.

Question 6

What are the economic benefits of buying property at Lume Residences at JVC?

Accepted Answer

Apartments at JVC demonstrate a high ROI of up to 7% per annum. Combined with favorable installment terms, developed infrastructure and convenient location of the area, buying a property at Lume Residences by S&S is economically beneficial.

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