Lumea Residence is a boutique residential gem developed by Green Horizon Development, located in the heart of the prestigious Dubai Islands master community. The project’s name, derived from the Latin lumen (light), reflects its architectural philosophy: a 14-storey structure (G+2P+8+R) crafted to maximize natural radiance and panoramic views of the Arabian Gulf. With only 63 exclusive units, Lumea provides a high degree of privacy and exclusivity that is rare in Dubai’s waterfront market.
As of early 2026, construction is well underway following the groundbreaking in October 2025. Each particular residence is delivered fully furnished with a focus on sustainable luxury, showcasing Italian porcelain tiling, quartz kitchen islands, and premium built-in appliances by Miele and Bosch. Designed as part of the Dubai 2040 Urban Master Plan, Lumea Residence is perfectly located for those seeking a tranquil beachfront lifestyle without sacrificing proximity to Dubai’s historic and commercial districts.
Property Details
| Feature | Details |
| Developer | Green Horizon Development |
| Location | Dubai Islands (Island A) |
| Property Type | Fully Furnished Apartments |
| Starting Price | AED 1,589,000 |
| Government Fee | 4% DLD Fee |
| Unit Status | Off-Plan (Construction Started Oct 2025) |
| Ownership | 100% Freehold |
| Estimated Completion | January 1, 2028 |
| Views | Panoramic Sea, Lagoon, & City Skyline |
Features & Amenities
| Feature | Details |
| Beach & Pools | Private beach access and rooftop infinity pools with sea views |
| Wellness | State-of-the-art indoor/outdoor gyms, yoga terrace, and sauna/steam rooms |
| Social Spaces | Rooftop relaxation zones, BBQ areas, and an open-air mini-cinema |
| Innovation | Smart home technology and high-speed fiber connectivity |
| Family | Dedicated children’s play areas and multi-purpose recreation zones |
| Convenience | 24/7 concierge, secure basement parking, and on-site retail options |
Location & Connectivity
Lumea Residence enjoys a strategic position on the northern coastline, providing a serene island retreat with seamless city access:
- 05 mins, Dubai Islands Beach & Mall
- 10 mins, Deira Waterfront Market & Gold Souq
- 15 mins, Dubai International Airport (DXB)
- 20 mins, Downtown Dubai & Burj Khalifa
- 25 mins, La Mer & Jumeirah
- 30 mins, Business Bay & DIFC
Payment Plan
| Stage | Percentage | Notes |
| Down Payment | 10% | On Booking Date |
| During Construction | 25% | Paid in easy installments (Years 2026-2027) |
| On Handover | 65% | Final balance due in January 2028 |
Note: Reservation can be secured with an Expression of Interest (EOI) of AED 75,000. Contact us for the current installment schedule.
Floor Plans
| Unit Type | Size Range (Sq. Ft.) | Highlights |
| 1-Bedroom Apartment | 743 to 1,350 Sq. Ft. | Fully furnished with 3.2m ceiling heights |
| 2-Bedroom Apartment | 1,195 to 2,005 Sq. Ft. | Expansive corner units with wraparound balconies |
| 3-Bedroom Apartment | 1,851 to 2,501 Sq. Ft. | Family suites with maid’s room and premium finishes |
Note: Balconies account for up to 20% of the total unit area, maximizing outdoor living. Floor plans are available upon request.
Why Invest in Lumea Residence
- Exceptional Rental Yields: Beachfront properties on Dubai Islands are projected to deliver 8 to 10% gross ROI due to the high demand for short-term holiday rentals.
- Capital Appreciation: As Island A develops into a premier tourism hub (86 hotels and 21km of beaches), early-stage investments are expected to see significant value growth.
- Ready-to-Move Integrity: Delivered fully furnished with high-end European materials, reducing post-handover costs for investors and end-users alike.
- Boutique Scarcity: With only 63 units, the limited supply ensures high resale demand and a more peaceful living environment compared to large-scale towers.
- Golden Visa Eligibility: Purchases over AED 2M qualify for the 10-year UAE Golden Visa, providing long-term residency security.
FAQs About Lumea Residence
Q1: What appliances are provided in the apartments?
A: Kitchens come semi-equipped with high-end built-in appliances from premium brands like Bosch or Miele.
Q2: Is the furniture included in the price?
A: Yes, all 1, 2, and 3-bedroom units at Lumea Residence are sold as fully furnished, move-in-ready homes.
Q3: When is the expected handover?
A: The developer has scheduled the completion and handover for Q1 2028.
Q4: Is the project freehold?
A: Yes, Lumea Residence is 100% freehold, allowing full ownership for both UAE nationals and international buyers.
Q5: What is the height of the building?
A: The structure consists of a Ground floor, 2 Podium levels, 8 Residential floors, and a dedicated rooftop amenity level.
Contact Cresco Real Estate Today
Would you like me to provide you with the official brochure and the inventory for the high-floor 2-bedroom units that provide the best views of the sunset over the Arabian Gulf?
More about Dubai Islands
Read the Cresco area guide to Dubai Islands. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Dubai Islands area guide
You may also want to read how buying off plan works and work out the rental yield.
What buyers actually registered in Dubai Islands
Dubai Land Department registered transactions, not advertised asking prices.
Between 30 June 2026 and 18 August 2026, 254 residential sales were registered in Dubai Islands. The median was AED 2,788,837 and the middle half fell between AED 2,294,121 and AED 3,865,707. This project is advertised from AED 1,589,000, which sits below that range.
For the unit type this project leads with, 1 B/R, the registered median in Dubai Islands was AED 2,338,828 across 113 sales, at AED 2,700 per square foot and a median size of 839 sq ft.
| This project, advertised entry price | AED 1,589,000 |
| Registered median price, Dubai Islands | AED 2,788,837 |
| Middle half of registered sales | AED 2,294,121 to AED 3,865,707 |
| Registered median per sq ft | AED 2,649 |
| Registered median unit size | 1,121 sq ft |
| Share bought off plan | 100% |
| Off plan stock, median per sq ft | AED 2,649 from 254 sales |
| Registered residential sales in the period | 254 |
Registered sales by bedroom count in Dubai Islands
| Type | Sales | Median price | Per sq ft | Median size |
|---|---|---|---|---|
| 1 B/R | 113 | AED 2,338,828 | AED 2,700 | 839 sq ft |
| 2 B/R | 99 | AED 3,525,858 | AED 2,481 | 1,294 sq ft |
| 3 B/R | 29 | AED 4,264,356 | AED 2,315 | 1,750 sq ft |
Source: Dubai Land Department open data. Registered sales of residential units between 30 June 2026 and 18 August 2026. Mortgages and gift transfers are excluded because they are not arms length sales. Sizes are converted from square metres at 10.7639 sq ft per sq m. The entry price shown for this project is our advertised starting price and is not a registered transaction. Community figures are medians across every project in the community, not this project alone. We do not publish a price per square foot for this project because advertised size ranges are not a reliable basis for that calculation.
