Compliance & specs
DLD-verifiableSemi-furnishedFully equipped kitchen with appliances. Living, dining, and bedrooms are bare.
About
Project general facts
Lua Residences is an exclusive gated community of exquisite villas surrounded by lush landscaping. Swank Development approaches design with a profound understanding of customers, translating this comprehension into impeccable designs that foster memorable moments and elevate the concept of living to new heights. From sleek, contemporary lines to timeless architectural features, Lua Residences offers a harmonious fusion, creating a truly distinctive ambience where exquisite finishes, layering, and textures invite you to discover more than meets the eye.
Open, adaptable living spaces are designed to enhance your everyday lifestyle, with spacious layouts seamlessly blending functionality with elegance. Each villa features its own unique architectural elegance and impeccable style, with aesthetics emphasizing the retention of natural patina and earthiness to create a warm and welcoming atmosphere. Soothing rich tones of timber and natural stone, along with natural elements that adorn the interiors and exteriors, add a layer of organic beauty to every space. Smart home integration adds modern convenience to timeless charm.
Different materials come together to enrich the depth and character of the interiors, from the smooth, polished surfaces of marble to the rustic charm of timber. Every element is carefully chosen to create a living space that goes beyond the surface, with meticulously crafted finishes and intricate architectural elements reflecting a dedication to perfection synonymous with Portuguese tradition. Kitchens are fully equipped, and each residence is a sanctuary of warmth, elegance, and refined living.
Location description and benefits
Nestled in Mohammed Bin Rashid City, a visionary and ambitious community designed to be a dynamic and sustainable urban development, this exceptional location embraces innovation, luxury, and a high quality of life. The community is characterized by extensive green spaces and beautifully landscaped parks, incorporating vast stretches of parks, gardens, and waterfront promenades where residents can enjoy leisurely walks, outdoor activities, and moments of tranquility.
The location is distinguished by its world-class amenities and attractions, including state-of-the-art educational institutions, healthcare facilities, luxury hotels, shopping malls, and entertainment venues. The community hosts various cultural events, sports competitions, and recreational activities that bring people together, along with cycling tracks, jogging trails, and equestrian facilities catering to those who appreciate an active and outdoor lifestyle.
For those seeking a residence that embodies timeless elegance, natural beauty, and a prime Dubai address, Mohammed Bin Rashid City delivers an unmatched lifestyle. Its unique combination of green spaces, world-class amenities, and strategic connectivity makes it one of Dubai's most desirable destinations. This is a place where one can embrace the essence of tranquil living.
Floor plans
Payment PlanInterest-free during construction
- 1.15%
On booking
- 2.20%
During construction
- 3.65%
Upon Handover (Q1 2027)
Calculate your payments
Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.
| # | When | Step | % | Amount (AED) | Amount (USD) | Cumulative (USD) |
|---|---|---|---|---|---|---|
| 1 | Upon booking | Reservation | 15% | 150,000 | 40,845 | 40,845 |
| 2 | Between booking and Q1 2027 | During construction | 20% | 200,000 | 54,460 | 95,305 |
| 3 | Q1 2027 | Upon Handover (Q1 2027) | 65% | 650,000 | 176,995 | 272,300 |
| Total | 100% | AED 1,000,000 | USD 272,300 | |||
Cash-flow shape: 35% during the construction period (15% upon booking, 20% across milestones), 65% at handover (Q1 2027).
0% interest during construction , no APR, no compounding.
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Amenities
5 features
Location
25.13364, 55.34680
Nearby
- Nad Al Sheba Park6.1 km
- Dubai Schools Nad Al Sheba10.6 km
- Avenue Mall - Nad Al Shiba9.9 km
- Mercato Beach19.2 km
- Dubai International Airport21.1 km
- Downtown Dubai15.3 km
About Wadi Al Safa 3
Wadi Al Safa 3 is a residential community in Dubai's southern corridor, positioned between established neighborhoods and emerging developments. The area offers convenient connectivity to key Dubai destinations: approximately 26 minutes by car to Dubai Mall, 28 minutes to Dubai International Airport, and 33-39 minutes to waterfront attractions including Burj Al Arab and The Walk JBR. The community comprises several sub-communities including Al Barari, Al Sahara Kingdom, and Altissima, serving as a practical residential choice for those seeking access to Dubai's central amenities without downtown proximity.
Explore Wadi Al Safa 3About Swank Development
Swank Development creates exclusive residential utopias where bespoke luxury meets thoughtful design. Meticulous design care ensures that every space is thoughtfully considered. Their commitment to quality extends to catering to each owner's unique needs with an emphasis on the smallest details. Swank Development redefines sophisticated living by offering a personalised approach to every aspect of your home. They understand their clients' unique preferences and create homes that transcend aesthetics so that every space is a source of enjoyment and inspiration. From welcoming living rooms to functional kitchens, every detail is thoughtfully considered so you can enjoy life. Their designs incorporate elements inspired by the rich heritage of Portuguese design aesthetics, artistry and craftsmanship.
Building details
Villas
4 bedroom twin-villas, 5 & 6 bedroom villas
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Villas | 4 | 2 |
| Villas | 6 | 3 |
| Villas | 5 | 2 |
Marketing brochure
Frequently asked questions
About Lua Residences
What is the payment plan for Lua Residences?
Lua Residences is offered with the Payment Plan. The full instalment schedule, what is due at booking, during construction, and at handover, is published on this page.
When does Lua Residences hand over?
Handover of Lua Residences is planned for Q1 2027. Handover dates are set by the developer and can shift, so treat the date as a target, not a guarantee.
Where is Lua Residences located?
Lua Residences is located in Wadi Al Safa 3, Dubai. The location section on this page has the map and nearby points of interest.
Who is the developer behind Lua Residences?
Lua Residences is developed by Swank Development. The developer's track record and full project list are on our Swank Development page.
Why Dubai off-plan
The macro case for buying off-plan in Dubai
These six pillars apply to every project on this site, not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.
0% interest, ever
Off-plan payment plans are interest-free, end to end. Every instalment is at face value, no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3-5 year hold.
No income or capital-gains tax on property
Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration, after that, your returns are yours.
20% usually opens the unit
Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.
Post-handover plans extend the runway
Many projects offer 2-4 years of post-handover instalments, meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments, rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.
Golden Visa from AED 2M
A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa, a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.
Freehold ownership for foreigners
Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure, title deed in your name.
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Price
Price on request
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