Lume Residences: off-plan project in Jumeirah Village Circle

Lume Residences is an off-plan residential apartment project in Jumeirah Village Circle, registered with the Dubai Land Department as project no. 3550 and developed by S and S Real Estate Development L.L.C. From October 16, 2025 to October 16, 2026, 66 off-plan sales were registered there at a median price of AED 1,001,382 (AED 1,649 per sq ft); 80% of sales fall between AED 714,742 and AED 1,091,277.

  • 66off-plan sales in 12 months
  • AED 1,001,382median sale price
  • AED 1,649median price per sq ft
  • 0%construction progress (DLD)
  • September 2027end date in the register
  • 182registered units

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.

What the figures say

  • Positioning: at AED 1,649 per sq ft, Lume Residences is in line with the median of off-plan sales across the 83 projects tracked in Jumeirah Village Circle (AED 1,588 per sq ft), and 6.7% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
  • Sales pace: 66 off-plan sales in 12 months, about 6 a month; number 26 by sales in Jumeirah Village Circle over the period.
  • Construction: 0% complete in the DLD register, construction had not started at the latest inspection; planned end September 2027.
  • Profile: a concentrated project, 84.8% of sales are the same unit type (apartment · 1 bedroom).

Lume Residences: official project sheet

Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.

ItemDLD register
DLD project number3550
Registered developerS and S Real Estate Development L.L.C (developer no. 1615)
Master developerJumeirah Village L.L.C
Community (master project)Jumeirah Village Circle
DLD areaAl Barsha South Fourth
Register statusnot started
Construction progress0%
Project startJune 30, 2025
Planned endSeptember 30, 2027
Registered units182 units
Buildings1
Escrow accountescrow agent registered with the DLD for this project

Source: Dubai Land Department project register (open data), as of 15/06/2026.

Lume Residences off-plan prices by unit type

Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · studio, at a median AED 673,112.

Unit typeSalesMedian priceRange (AED)Median sizePrice / sq ft
Apartment · Studio8AED 673,112645,863 – 711,95632 m² (344 sq ft)AED 1,886
Apartment · 1 bedroom56AED 1,009,274958,300 – 1,087,96657 m² (614 sq ft)AED 1,637

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.

To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.

Sales by unit type

Apartment · 1 bedroom: 84.8% of off-plan sales, with a median size of 57 m² (52 to 64 m² for 80% of them).

  • Apartment · 1 bedroom: 84.8% (56 sales)
  • Apartment · Studio: 12.1% (8 sales)
  • Apartment · 2 bedrooms: 3% (2 sales)

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.

Lume Residences off-plan price by quarter

The median off-plan price per sq ft moved from AED 1,803 in Q2 2025 to AED 1,720 in Q3 2026 (-4.6%). Quarter-to-quarter changes also reflect the mix of units sold.

QuarterOff-plan salesMedian / sq ftChange
Q2 202535AED 1,803—
Q3 202546AED 1,723-4.5%
Q4 202527AED 1,642-4.7%
Q1 202620AED 1,616-1.6%
Q2 202615AED 1,723+6.7%
Q3 20266AED 1,720-0.2%

Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.

Rents in Jumeirah Village Circle

To gauge the rental market around Lume Residences: annual rents of Ejari contracts registered in Jumeirah Village Circle over the last 12 months (30,318 contracts).

Unit typeContractsMedian annual rentMiddle 50% range
Apartment · Studio8,159AED 48,00042,000 – 55,000
Apartment · 1 bedroom15,914AED 70,00060,000 – 79,562
Apartment · 2 bedrooms4,662AED 95,00080,000 – 115,358
Apartment · 3 bedrooms515AED 138,971115,000 – 155,000
Apartment · 4 bedrooms21AED 150,000134,000 – 212,500
Villa / townhouse · 1 bedroom74AED 110,000105,000 – 115,500
Villa / townhouse · 2 bedrooms134AED 170,000145,000 – 190,000
Villa / townhouse · 3 bedrooms416AED 175,000150,000 – 200,000
Villa / townhouse · 4 bedrooms381AED 200,000170,000 – 230,000
Villa / townhouse · 5+ bedrooms42AED 200,000187,750 – 250,000

To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.

Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.

Where is Lume Residences?

Lume Residences is in Jumeirah Village Circle (DLD area Al Barsha South Fourth), Dubai.

  • Nearest metro station: Nakheel Metro Station
  • Nearest shopping mall: Marina Mall
  • Nearest landmark: Sports City Swimming Academy

Source: Dubai Land Department, reference points attached to registered sales.

View Lume Residences on Google Maps

Further reading

Other off-plan projects in Jumeirah Village Circle

Same budget elsewhere in Dubai (around AED 1,001,382)

Projects presented by Cevitas

Our Jumeirah Village Circle guides

Off-plan projects in Dubai · Dubai property prices by area

Frequently asked questions

How much does a home at Lume Residences cost?

Over the last 12 months, the 66 off-plan sales registered with the DLD show a median price of AED 1,001,382, or AED 1,649 per sq ft; 80% fall between AED 714,742 and AED 1,091,277. The developer's current prices are on its price list.

When will Lume Residences be completed?

In the DLD project register (as of 15/06/2026), the project is "not started", 0% complete, with a planned end date of September 30, 2027. The handover date is confirmed by the developer.

Who is the developer of Lume Residences?

The DLD register lists S and S Real Estate Development L.L.C (developer no. 1615), in a community developed by Jumeirah Village L.L.C.

What unit types are sold at Lume Residences?

Off-plan sales over the last 12 months cover: apartment · 1 bedroom (56), apartment · studio (8), apartment · 2 bedrooms (2). Best-selling type: apartment · 1 bedroom, at a median AED 1,009,274 for 57 m².

Has the price per sq ft at Lume Residences changed?

The median off-plan price moved from AED 1,803 per sq ft in Q2 2025 to AED 1,720 in Q3 2026, based on DLD-registered sales.

How do I get the Lume Residences price list and payment plan?

Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.

Sources and method

Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).

Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.

Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.

Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.