Santorini Residences by Loutraki: off-plan project in Jumeirah Village Triangle
Santorini Residences by Loutraki is an off-plan residential apartment project in Jumeirah Village Triangle, registered with the Dubai Land Department as project no. 2774 and developed by Loutraki Real Estate L.L.C. From October 16, 2025 to October 16, 2026, 34 off-plan sales were registered there at a median price of AED 900,000 (AED 1,322 per sq ft); 80% of sales fall between AED 753,694 and AED 1,190,342.
- 34off-plan sales in 12 months
- AED 900,000median sale price
- AED 1,322median price per sq ft
- 20.3%construction progress (DLD)
- 169registered 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 1,322 per sq ft, Santorini Residences by Loutraki is 22.9% below the median of off-plan sales across the 26 projects tracked in Jumeirah Village Triangle (AED 1,715 per sq ft), and 25.2% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 34 off-plan sales in 12 months, about 3 a month; number 19 by sales in Jumeirah Village Triangle over the period.
- Construction: 20.3% complete in the DLD register, construction is at an early stage.
- Profile: a concentrated project, 91.2% of sales are the same unit type (apartment · 1 bedroom).
Santorini Residences by Loutraki: 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.
| Item | DLD register |
|---|---|
| DLD project number | 2774 |
| Registered developer | Loutraki Real Estate L.L.C (developer no. 1640) |
| Master developer | Nakheel.(p J S C) |
| Community (master project) | Jumeirah Village Triangle |
| DLD area | Al Barsha South Fifth |
| Register status | active |
| Construction progress | 20.3% |
| Project start | March 1, 2024 |
| Registered units | 169 units |
| Buildings | 1 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
Santorini Residences by Loutraki off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · 1 bedroom, at a median AED 900,000.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · 1 bedroom | 31 | AED 900,000 | 756,760 – 1,123,151 | 62 m² (667 sq ft) | AED 1,324 |
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: 91.2% of off-plan sales, with a median size of 62 m² (56 to 70 m² for 80% of them).
- Apartment · 1 bedroom: 91.2% (31 sales)
- Apartment · 2 bedrooms: 5.9% (2 sales)
- Apartment · Studio: 2.9% (1 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
Santorini Residences by Loutraki off-plan price by quarter
The median off-plan price per sq ft moved from AED 1,551 in Q1 2025 to AED 1,628 in Q3 2026 (+4.9%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q1 2025 | 18 | AED 1,551 | — |
| Q2 2025 | 17 | AED 1,734 | +11.8% |
| Q3 2025 | 9 | AED 1,512 | -12.8% |
| Q4 2025 | 13 | AED 1,519 | +0.5% |
| Q1 2026 | 14 | AED 1,246 | -18% |
| Q2 2026 | 5 | AED 1,236 | -0.8% |
| Q3 2026 | 7 | AED 1,628 | +31.7% |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Jumeirah Village Triangle
To gauge the rental market around Santorini Residences by Loutraki: annual rents of Ejari contracts registered in Jumeirah Village Triangle over the last 12 months (3,375 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 1,043 | AED 45,000 | 40,000 – 51,939 |
| Apartment · 1 bedroom | 1,313 | AED 69,477 | 60,000 – 80,000 |
| Apartment · 2 bedrooms | 460 | AED 84,750 | 75,581 – 105,000 |
| Apartment · 3 bedrooms | 50 | AED 164,000 | 122,875 – 187,500 |
| Villa / townhouse · 1 bedroom | 170 | AED 125,000 | 110,000 – 135,000 |
| Villa / townhouse · 2 bedrooms | 281 | AED 194,000 | 170,000 – 220,000 |
| Villa / townhouse · 3 bedrooms | 29 | AED 210,000 | 185,000 – 220,000 |
| Villa / townhouse · 4 bedrooms | 19 | AED 230,000 | 200,000 – 270,000 |
| Villa / townhouse · 5+ bedrooms | 10 | AED 275,000 | 245,625 – 342,827 |
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 Santorini Residences by Loutraki?
Santorini Residences by Loutraki is in Jumeirah Village Triangle (DLD area Al Barsha South Fifth), Dubai.
- Nearest metro station: Jumeirah Lakes Towers
- Nearest shopping mall: Marina Mall
- Nearest landmark: Sports City Swimming Academy
Source: Dubai Land Department, reference points attached to registered sales.
Further reading
- All off-plan projects in Jumeirah Village Triangle
- All DLD sales at Santorini Residences by Loutraki (new and resale)
- Jumeirah Village Triangle property prices
- Jumeirah Village Triangle rents
- All Loutraki Real Estate L.L.C projects
Other off-plan projects in Jumeirah Village Triangle
- Binghatti Flare 02 — AED 1,724/sq ft
- Binghatti Flare 01 — AED 1,630/sq ft
- Sol Levante — AED 1,753/sq ft
- Voxa Residences — AED 1,953/sq ft
- Interstellar Tower — AED 1,715/sq ft
- ELARIS Sky — AED 1,622/sq ft
- Sky Gate Tower — AED 1,581/sq ft
- Binghatti Luxuria — AED 1,952/sq ft
Same budget elsewhere in Dubai (around AED 900,000)
- Zyra Vista Residences, International City Phase 3 — AED 898,102
- Cove Edition Residence 2 By Imtiaz, Dubai Land Residence Complex — AED 900,000
- Reem by vision, Liwan 1 — AED 895,950
- Binghatti Apex, Jumeirah Village Circle — AED 912,500
- Verdana Residence 9, Dubai Investment Park First — AED 890,605
- Azurline Residences by MAAS Developers, Jumeirah Village Circle — AED 914,085
Projects presented by Cevitas
Frequently asked questions
How much does a home at Santorini Residences by Loutraki cost?
Over the last 12 months, the 34 off-plan sales registered with the DLD show a median price of AED 900,000, or AED 1,322 per sq ft; 80% fall between AED 753,694 and AED 1,190,342. The developer's current prices are on its price list.
When will Santorini Residences by Loutraki be completed?
In the DLD project register (as of 15/06/2026), the project is "active", 20.3% complete. The handover date is confirmed by the developer.
Who is the developer of Santorini Residences by Loutraki?
The DLD register lists Loutraki Real Estate L.L.C (developer no. 1640), in a community developed by Nakheel.(p J S C).
What unit types are sold at Santorini Residences by Loutraki?
Off-plan sales over the last 12 months cover: apartment · 1 bedroom (31), apartment · 2 bedrooms (2), apartment · studio (1). Best-selling type: apartment · 1 bedroom, at a median AED 900,000 for 62 m².
Has the price per sq ft at Santorini Residences by Loutraki changed?
The median off-plan price moved from AED 1,551 per sq ft in Q1 2025 to AED 1,628 in Q3 2026, based on DLD-registered sales.
How do I get the Santorini Residences by Loutraki 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.