Question 1

Where is Luz Ora Residences by Dia Developments located?

Accepted Answer

Luz Ora by Dia Developments is located on Dubai Islands, an upscale area of Dubai, just 5 minutes drive away from the beach.

Question 2

What types of properties are available at Luz Ora Residences on Dubai Islands?

Accepted Answer

Properties at Luz Ora on Dubai Islands feature stylish 1 and 2 bedroom apartments.

Question 3

How much does a property at Luz Ora Residences on Dubai Islands cost?

Accepted Answer

The minimum cost of apartments at Luz Ora on Dubai Islands starts from 1 445 000 AED (393 400 $) for 1-bedroom residences, and from 2 549 000 AED (694 000 $) for 2-bedroom ones.

Question 4

What is the payment plan for buying a property at Luz Ora Residences on Dubai Islands?

Accepted Answer

There is a convenient 40/60 payment plan for buying a property at Luz Ora on Dubai Islands: 10% down payment, 30% during construction, and 60% upon handover.

Question 5

When is the handover of property at Luz Ora Residences on Dubai Islands?

Accepted Answer

Luz Ora on Dubai Islands is scheduled for completion in Q2 2027.

Question 6

What are the economic benefits of buying a property at Luz Ora on Dubai Islands?

Accepted Answer

The projected profitability of the property on Dubai Islands, provided it is rented out, will reach 6-8% per annum. And affordable prices at the start of sales of apartments at Luz Ora combined with their favorable location in a promising area of Dubai with the active development of infrastructure guarantees excellent capital growth.

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