Lumina Vista Residences
About Lumina Vista Residences
Lumina Vista Residences is in District 14, Jumeirah Village Circle, developed by ARIB Real Estate Development.
Newly completed low-rise freehold residential development, handed over around early 2025. Modern finishes, fitted kitchens and a relatively fresh overall condition. Studios, 1 and 2-bedroom apartments, including selected duplex layouts.
Amenities
- Newly completed condition
- modern finishes
- premium equipped gym
- swimming pool
- pool-facing units
- fitted kitchens
- balconies
- smart-home features on selected units
- chiller-free listings available
- low-rise residential atmosphere
- convenient District 14 location
- nice restaurants nearby.
Unit Types & Rental Benchmarks
| Type | Size | Asking | Market / Achieved | AED / sqft |
|---|---|---|---|---|
| Studio - Annual Rent (Asking) | 445 sq ft | AED 51,000 | AED 49,500 | AED 114.6/sqft/year |
| Studio - Sale Price (Asking) | 445 sq ft | AED 720,500 | To be confirmed | AED 1,619.1/sqft |
| 1 Bed - Sale Price (Asking) | 976 sq ft | AED 1,000,000 | To be confirmed | AED 1,024.6/sqft |
Rental & Sale Market Notes
Rent trend: Studio rental listings currently range from approximately AED 42,000-60,000. Supplied recent registered examples include AED 39,000 for 432 sqft and AED 60,000 for a larger 631 sqft unit; exact transaction dates were not provided. A realistic standard studio benchmark is approximately AED 45,000-52,000 depending on furnishing, view and cheque terms. Studio sale asks are approximately AED 635,000-750,000, averaging AED 720,500, versus an estimated achieved range of AED 600,000-680,000 requiring DLD verification. Asking AED 700,000-750,000 for a standard 422-465 sqft studio looks aggressive; AED 625,000-660,000 is more defensible and near AED 600,000 represents stronger value. One-bed sale asks are approximately AED 900,000-1.1M versus an estimated AED 850,000-1M achieved range. Indicative gross yield is about 7.7% at AED 50,000 rent against AED 650,000. After an indicative AED 10/sqft service charge, yield is approximately 7.0% before maintenance, vacancy and management.
Current asking sits approximately 3% above the market/achieved comparable, based on our research.
Figures above combine advertised asking prices with our own estimates and viewing-based assessments where stated. They are not verified transaction data.Things To Know
The building is not in the best condition despite its recent completion. Current building work is affecting the sidewalk outside the building.
Who It Suits
Good Fit
Tenants wanting a newer low-rise building, premium gym, modern finishes, nearby restaurants and flexible rental options, or buyers who can negotiate a standard studio toward AED 600,000-660,000.
Better To Avoid If
Anyone prioritising flawless new-build condition, minimal nearby works, low problem severity or a standard studio priced near the top of the current asking range.
Find Lumina Vista Residences
Lumina Vista Residences, District 14, Jumeirah Village Circle, Dubai, UAE
