Lua Residences
Lua Residences Offered by Buy Dubai Off-Plan
Lua Residences

Lua Residences

by Swank in Mohammed Bin Rashid City View on map Completed

Starting price
AED 6,300,000
Payment plan
50/50
Handover
Q2 2026

โ‰ˆ โ‚ฌ 1,512,000

This project was completed in Q2 2026. The price shown is the original launch price. Availability is through the resale market. Contact us to ask what is currently for sale.

Project details

Starting price AED 6,300,000 โ‰ˆ โ‚ฌ 1,512,000 What will my monthly payments be?
Payment plan 50/50 50% during construction, 50% at handover
Handover Q2 2026 Completed
Bedrooms 456
Property type
Villa
Floor area
310 to 674 mยฒ
Developer
Swank
Project brochure
Free, with no obligation

The Lua Residences brochure

Download the brochure for Lua Residences van Swank Development in Mohd Bin Rashid City for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Lua Residences

  • Exclusive collection of just 42 luxury villas

  • Portuguese architecture with high-quality materials

  • Private swimming pool and landscaped garden with each villa

  • Ideal location in MBR City with excellent transport links

  • Smart home integration in the six-bedroom villas

Lua Residences at Mohammed Bin Rashid City (Dubai): Luxury apartments by Swank

Lua Residences in MBR City, District 11, is a prestigious villa project developed by Swank Development. This limited offering of 42 villas combines Portuguese architecture with modern luxury, providing a unique living experience. The villas range from four to six bedrooms and are designed with an eye for detail, featuring natural materials such as marble and wood. The location in Mohammed Bin Rashid Al Maktoum City is known for its exclusivity and excellent accessibility. Residents can enjoy a wide range of amenities, including a crystal-clear swimming lagoon, walking paths and cycling routes. Completion is scheduled for the second quarter of 2026, making it an attractive option for those seeking a future investment in Dubai. The combination of privacy, luxury and a vibrant community makes Lua Residences an ideal choice for families looking for more than just a home.

Apartment types and layouts at Lua Residences Mohammed Bin Rashid City (Dubai)

Lua Residences offers four different villa layouts, each with its own character. The Capella villas feature four bedrooms and include generous living spaces, a private swimming pool and a lift. For those wanting more space, there are the Ara and Luna villas, both with five bedrooms and a refined design. The highest form of luxury can be found in the Polaris villas, with six bedrooms and advanced smart home technology. The areas range from 309.92 m2 to 674.38 m2, ensuring there is a suitable option for every need. The interiors are finished with natural materials such as wood and stone, creating a warm and inviting atmosphere. Each villa has its own garden, providing additional privacy and outdoor space. The attention to detail and high-quality finishes make these homes more than just a place to live; they are personal retreats where comfort and style go hand in hand.

About the developer Swank and the Lua Residences design

Swank Development, the developer behind Lua Residences, is known for its high-quality projects in Dubai. The company combines innovative design with sustainable materials, resulting in homes of exceptional quality. The Portuguese architecture of Lua Residences stands out for its timeless elegance and harmonious lines. The use of marble and wood in the interiors contributes to a serene atmosphere, while modern amenities such as smart home technology make life easier. The project consists of just 42 villas, ensuring an exclusive and private community. Swank Development places great importance on sustainability and has therefore paid attention to energy-efficient solutions. This project is an example of how luxury and functionality can be perfectly combined. For international investors, this offers a prime opportunity to invest in a reputable project with a strong developer.

Prime location in Mohammed Bin Rashid City (Dubai) near key Dubai destinations

Lua Residences is located in the prestigious Mohammed Bin Rashid Al Maktoum City, one of Dubaiโ€™s most sought-after residential areas. The location offers excellent connections to key points such as the Burj Khalifa, which can be reached within 13 minutes. Dubai International Airport and the financial centre DIFC are also a short distance away. The area is known for its green spaces and recreational facilities, including a swimming lagoon and walking paths. For families, there are various international schools nearby, making it an attractive place to live. In addition, shopping centres such as the Mall of the Emirates are within 15 minutesโ€™ reach. The combination of tranquillity and accessibility makes this location ideal for those who want the best of both worlds. Whether you are looking for a permanent home or a holiday residence, Lua Residences offers a perfect base in Dubai.

Flexible payment plan for Lua Residences apartments

The payment plan for Lua Residences is simple and transparent. Fifty per cent of the purchase price is paid during the construction phase, while the remaining fifty per cent is due upon completion in the second quarter of 2026. This schedule offers flexibility for investors and makes it possible to spread the payments over a longer period. The payment plan is structured to limit risk for buyers, as a large portion of the amount does not need to be paid until after completion. This makes Lua Residences an attractive option for those looking for a secure investment in Dubai real estate.

Amenities

Payment plan for Lua Residences

50%50%
50%
During construction, in instalments
AED 3,150,000
โ‰ˆ โ‚ฌ 756,000
50%
After handover
AED 3,150,000
โ‰ˆ โ‚ฌ 756,000

Monthly payments and your own funds

How much do you need for Lua Residences, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 15,939

โ‰ˆ โ‚ฌ 3,830 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 3,150,000โ‰ˆ โ‚ฌ 756,000
Your funds at handover
AED 0โ‰ˆ โ‚ฌ 0
Mortgage at handover
AED 3,150,000โ‰ˆ โ‚ฌ 756,000
Purchase costs4% DLD fee and mortgage costs
AED 292,245โ‰ˆ โ‚ฌ 70,100
Total funds required
AED 3,442,245โ‰ˆ โ‚ฌ 826,100
Request finance guidance for Lua Residences
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Lua Residences

Location

Mohd Bin Rashid City, Dubai Burj Khalifa: 13 minutes (car) ยท Dubai International Airport: 20 minutes (car)
Open in Google Maps

Travel times from Lua Residences

  • Burj Khalifa: 13 minutes (car)
  • Dubai International Airport: 20 minutes (car)
  • Dubai International Financial Centre (DIFC): 12 minutes (car)
  • Mall of the Emirates: 15 minutes (car)
  • Ras Al Khor Wildlife Sanctuary: 10 minutes (car)

About Swank

Swank is a renowned developer in Dubai, specialising in off-plan property projects with a strong focus on quality and innovation. On this page, you will find a complete overview of all current projects Swank has in development. These projects range from luxury residential towers to mixed-use developments with retail and hospitality. An example is the iconic "Swank Marina Residences", a high-rise project with harbour views, where apartments range from 75 m2 to 250 m2. Prices start from AED 1,200,000, with flexible payment plans. Investing off-plan with Swank offers the opportunity to get in early, which often results in a more favourable price-to-quality ratio. For an up-to-date project list, please contact us so we can provide you with detailed information.

Swank has been active in the Dubai real estate market for over 15 years and has established itself as a reliable developer. The company began with small-scale residential projects but quickly grew into a developer of large-scale, iconic developments. Some well-known past projects include "Swank Oasis Towers" and "Swank Downtown Lofts", both of which won international architecture awards. What sets Swank apart is its consistent focus on sustainability and liveability. The developer works exclusively with renowned architectural firms and contractors, resulting in projects that are not only visually appealing but also technically superior. This experience and expertise make Swank a secure choice for off-plan property investors.

All projects by Swank

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.