Luz Ora Residences by Dia Developments is a low-rise residential complex successfully located on the artificial archipelago of Dubai Islands. The developer is an ambitious holding company with a portfolio of 20+ innovative projects. Luz Ora Residences is the company's first grandiose development in Dubai.
The name of the complex is made up of the Spanish word 'luz' which means 'light' and the Latin word 'ora' translated as 'hour' or 'time'. According to the developer's ambitious plans, the properties at Luz Ora symbolize bright times and a promising future for its residents. Luz Ora Residences on Dubai Islands successfully combines exceptional design, excellent functionality and high investment potential. A mix of glass and metal elements is used to design the facades, making the building look elegant, modern and recognizable in the urban landscape of the islands.
Property at Luz Ora on Dubai Islands is represented by a collection of 1 and 2 bedroom apartments ranging in size from 576 sqft (54 m²) to 2,921 sqft (271 m²). The interiors are thoughtfully designed featuring spacious living rooms with panoramic windows, built-in closets and modern appliances. The interiors are decorated in neutral tones with accent elements, which subtly emphasizes the atmosphere of coziness and luxury. For the convenience of buyers, apartments at Luz Ora Residences can be purchased fully furnished in the same style. This is an additional extra feature available for a charge.
For equipping the property at Luz Ora by Dia Developments are used advanced technologies, such as the system “smart key” with access by fingerprint and password. The complex is also fitted with electric car charging stations, and free high-speed Wi-Fi is available on site. Golf carts are provided to get around the community. Other premium amenities include a state-of-the-art fitness center, swimming pool, spacious lobby with seating areas, barbecue facilities, and a playground. The complex also includes a special storage room for luggage.
Luz Ora Residences has the best location on Dubai Islands. Just 5 minutes away is the beach, where you can enjoy a sea rest. Also within a radius of 5-10 minutes drive are popular infrastructure facilities such as Deira Mall, Souk Al Marfa, Dubai Islands Marina and golf clubs with courses for 9 and 18 holes. The area is being actively developed, with natural parks, camping grounds, marinas and waterfronts soon to follow. Marinas on the islands will be able to host superyachts up to 165 meters long.
Property on Dubai Islands holds a high investment potential. According to analysts, prices for apartments in residential complexes under construction in a couple of years will increase to 50%. The projected rental yield on the islands will be at least 6% per annum, which provides prospects for significant long-term capital appreciation.
Apartments at Luz Ora on Dubai Islands are suitable for personal residence and for a profitable investment. Their minimum cost is from 1 445 000 AED (393 400 $) for a 1-bedroom residence, and from 2 549 000 AED (694 000 $) for a 2-bedroom unit. For buying a property at Luz Ora, there is a convenient 40/60 interest-free payment plan with a 10% down payment. The project is scheduled for completion in Q2 2027.
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