Luma Park Views by TownX Development

Project Details

• Developer: TownX Development

• Location: Jumeirah Village Circle (JVC), Dubai

• Unit Types: 1, 2, and 3-bedroom apartments

• Starting Price: AED 1,028,400

• Size Range: 838 sq.ft. – 1,711.35 sq.ft.

• Price per Sq.Ft.: AED 1,303 – 2,055

• Configuration: Ground + 4 podium levels + 19 residential floors

• Ownership: Freehold

• Handover: Q2 2026

• Furnishing: Semi-furnished

• Service Charge: AED 16 per sq.ft.

• Resale Allowed: After 40% payment

Overview of Luma Park Views

Luma Park Views is a premium residential development by TownX Development, strategically located in Jumeirah Village Circle (JVC). Designed with contemporary architecture and elegant finishes, the project offers a collection of stylish apartments ideal for end-users and investors. The development rises gracefully with a ground floor, four podium levels, and nineteen residential floors, showcasing modern living in one of Dubai’s fastest-growing communities.

The project emphasizes space, natural light, and comfort. Apartments are thoughtfully designed with semi-furnished layouts, quality finishing, and modern amenities that cater to the lifestyle needs of young professionals, families, and investors seeking rental income. With landscaped gardens, gyms, swimming pools, and wellness areas, Luma Park Views seamlessly combines urban convenience with tranquil green surroundings.

Property Information

• Unit Types: 1, 2 & 3-bedroom apartments

• Built-Up Areas: 838 sq.ft. – 1,711.35 sq.ft.

• Finishing: High-quality flooring, modern cabinetry, quartz countertops, and branded sanitary fittings

• Kitchen: Equipped with premium appliances such as a refrigerator, dishwasher, washing machine, and cooking range

• Ownership: Freehold properties for locals and expatriates

Detailed Description

Luma Park Views sets a benchmark for urban living in Dubai with its well-thought-out design, contemporary architecture, and premium lifestyle amenities. Apartments feature open-plan layouts, large windows, and balconies that allow natural light to flow seamlessly into the living spaces. The interiors are designed to maximize both comfort and functionality, offering a perfect blend of aesthetics and practicality.

The development prioritizes wellness and community living. Residents enjoy landscaped gardens, leisure zones, and fitness facilities, creating a holistic lifestyle that balances work, relaxation, and recreation. TownX has ensured that each residence is built with attention to detail, using durable materials and incorporating modern technology such as smart locks and integrated home systems.

Luma Park Views also appeals to investors because of its attractive pricing and payment plans, promising solid rental yields in JVC – a hub for young professionals and families. With Circle Mall, schools, and healthcare facilities nearby, the location offers excellent convenience, while Dubai’s major landmarks are only a short drive away.

Payment Plans

TownX offers flexible payment options designed to suit investors and homeowners:

• Down Payment: 20% on booking

• During Construction: 40% spread across milestones

• On Handover: 40% in Q2 2026

This 60/40 payment plan ensures a manageable cash flow while providing investors with the confidence of a secure and flexible structure.

Economic Appeal

Jumeirah Village Circle has consistently grown in demand due to its affordability compared to central Dubai areas, yet it offers close proximity to Business Bay, Downtown, and Dubai Marina. The average price per sq.ft. in JVC remains competitive, making it one of the most attractive destinations for both first-time buyers and investors seeking rental yields of 6%–8%.

Luma Park Views positions itself as a premium product within this market, combining luxury features with affordability. This creates an opportunity for buyers to secure long-term capital appreciation as JVC continues to develop. The project’s handover in 2026 coincides with Dubai’s growing population, infrastructure upgrades, and increasing housing demand, ensuring a strong economic appeal.

Nearby Attractions and Distances

• Circle Mall – 5 minutes

• Dubai Miracle Garden – 10 minutes

• Mall of the Emirates – 15 minutes

• Palm Jumeirah – 18 minutes

• Dubai Marina – 20 minutes

• Skydive Dubai – 25 minutes

• Downtown Dubai – 20.6 km

• Dubai International Airport – 35.3 km

This central location allows residents to easily access shopping, entertainment, beaches, and major business hubs.

Amenities and Facilities

Luma Park Views offers a comprehensive range of world-class amenities that ensure a lifestyle of comfort, wellness, and leisure:

Swimming Pools

Two expansive swimming pools provide spaces for both adults and children to enjoy. The pools are surrounded by relaxation decks and landscaped gardens.

Modern Fitness Facilities

State-of-the-art gyms are equipped with premium fitness machines, offering residents a convenient way to maintain a healthy lifestyle.

Landscaped Gardens

Beautifully designed green areas and walking trails provide a calm environment for relaxation, jogging, or family outings.

Kids Play Area

Dedicated children’s zones ensure safe and engaging activities for younger residents.

Dining Outlets and Retail

Coffee shops, restaurants, and retail outlets within the development provide convenience and social interaction.

Concierge and Security

24/7 concierge services, security staff, and CCTV surveillance ensure residents’ comfort and safety.

Recreational Spaces

Leisure areas and multipurpose recreational zones cater to community gatherings and social events.

Covered Parking

Secure and spacious parking facilities are available for residents and visitors.

About the Developer – TownX Development

Founded in 2017, TownX Development has quickly become one of the rising names in Dubai’s real estate sector. Known for its modern designs and customer-focused approach, the company has delivered high-quality residential communities that blend innovation, practicality, and style.

TownX is recognized for its transparency, reliability, and commitment to customer satisfaction. The developer prioritizes long-term value by choosing strategic locations such as Jumeirah Village Circle and focusing on premium finishing and functional layouts. Luma Park Views is a continuation of their vision to deliver exceptional living experiences that balance affordability with luxury.

FAQs

1. What types of units are available at Luma Park Views?
The project offers 1, 2, and 3-bedroom apartments with semi-furnished interiors.

2. When is the handover for Luma Park Views?
The handover is scheduled for Q2 2026.

3. What is the starting price of apartments?
Prices start from AED 1,028,400.

4. Is Luma Park Views a freehold property?
Yes, it is freehold, making it available for both UAE nationals and expatriates.

5. What is the payment plan offered?
The plan is 20% down payment, 40% during construction, and 40% upon handover.

6. Are the apartments furnished?
Apartments are semi-furnished with high-quality built-in kitchen appliances.

7. What are the service charges?
The service charge is AED 16 per sq.ft.

8. Can properties be resold before handover?
Yes, resale is allowed after 40% of the payment has been made.

9. What facilities are available in the project?
Facilities include swimming pools, gyms, landscaped gardens, children’s play areas, retail outlets, concierge services, and 24/7 security.

10. What are the rental yields expected in JVC?
Rental yields in JVC typically range from 6% to 8%, depending on the unit type and size.

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