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Lumea Residence

Green Horizon Development

Starting from

1.59M AED

Area

Dubai Islands

Handover

Q1 2028

Stage

Under construction

Payment Plan

10/25/65

Property Type

Apartment

Price per sqft

AED 1,975

23% below area avg

Floor Plans & Unit Types

Plan on request

1 Bedroom

743 sqft

from 1.59M AED

Ask about this layout

Plan on request

2 Bedrooms

1,195 sqft

from 2.26M AED

Ask about this layout

Plan on request

3 Bedrooms

1,851 sqft

from 3.5M AED

Ask about this layout

How much you pay, and when

10%

Booking

now

25%

Construction

5 quarters

65%

Handover

Q1 2028

Amounts for each layout · 3

1 Bedroom
743 sqft
from AED 1.59M
AED 2,139 per sqft
Booking
AED 159K
Construction
AED 397K
5 × AED 79K
Handover
AED 1.03M
Ask
2 Bedrooms
1,195 sqft
from AED 2.26M
AED 1,895 per sqft
Booking
AED 226K
Construction
AED 566K
5 × AED 113K
Handover
AED 1.47M
Ask
3 Bedrooms
1,851 sqft
from AED 3.5M
AED 1,891 per sqft
Booking
AED 350K
Construction
AED 875K
5 × AED 175K
Handover
AED 2.27M
Ask

Payment schedule by quarter

On the cheapest layout (1 bed from AED 1,589,000): what leaves your account and when. By handover you will have paid AED 556,150, with the rest due on keys.

When	Payment	Paid to date	Left to pay	Share of the flat
Q1 2027	AED 79,450	AED 238,350	AED 1,350,650	15%
Q2 2027	AED 79,450	AED 317,800	AED 1,271,200	20%
Q3 2027	AED 79,450	AED 397,250	AED 1,191,750	25%
Q4 2027	AED 79,450	AED 476,700	AED 1,112,300	30%
Q1 2028	AED 79,450	AED 556,150	AED 1,032,850	35%

Amounts start from each layout's lowest price on the developer's plan. The 4% DLD fee and developer charges come on top.

Location & Nearby Places

Google Maps

Compared with the area

Price per sqft: AED 1,975 per sqft - 23% below the Dubai Islands average of AED 2,558.
Entry price: The entry price is lower than for 131 of the 136 projects in Dubai Islands in our catalogue.
Handover: Handover is earlier than for most projects in the area. Projects in Dubai Islands hand over between 2026 and 2031.
Payment plan: The usual payment plan for Green Horizon Development: it applies to most of the developer's 4 projects in our catalogue.
Smallest unit: The smallest unit is 11% smaller than is typical for Dubai Islands (837 sqft).

Calculated across the 136 projects we track in Dubai Islands. Figures come from our own catalogue, not from a market index.

Amenities

Indoor Swimming Pool
Landscaped Gardens
CCTV Security
Gymnasium
Restaurants
Children's Play Area

About Lumea Residence

Developed by Green Horizon Development, Lumea Residence is a new project in Dubai Islands, one of Dubai's most sought-after destinations.

Lumea Residence features 1, 2 and 3-bedroom apartments priced from AED 1.6M. With a 10%/25%/65% payment plan and scheduled handover in Q1 2028, Lumea Residence offers flexible buying options.

Lumea Residence offers a range of facilities including Indoor Swimming Pool, Landscaped Gardens, CCTV Security, Gymnasium. The project is ideal for both end-users and investors looking at Dubai's off-plan market.

About the developer

Green Horizon Development

Projects with us: 4
Areas: 2
Handover: 2027-29

Projects by handover year

2027

2028

2029

Luminous Coastal LivingDubai Islandsfrom AED 1.62M

Meriden BeachDubai Islandsfrom AED 2.39M See all 4 projects by Green Horizon Development

About the area

Dubai Islands

Nakheel's next-generation waterfront destination - 5 manmade islands off Deira with gross yields 7.5-10% and projected capital growth of 20-35% over 3-5 years.

New projects: 144
Prices from: AED 1.2M
Deals a year (DLD): 5,051
AED per sqft in deals: 2,748

Price per sqft by year, AED

2,511

2023

2,134

2024

2,417

2025

2,840

2026

Dreamlife ResidencesNova Power Real Estatefrom AED 1.6M

ZephyraArsenal Eastfrom AED 1.63M All 144 off-plan projects in Dubai Islands

Frequently Asked Questions

What is the starting price of Lumea Residence?

Lumea Residence by Green Horizon Development offers apartment in Dubai Islands, Dubai starting from AED 1.6M. Prices vary depending on unit size and floor level. Contact us for the latest availability and pricing.

What is the payment plan for Lumea Residence?

Lumea Residence offers a flexible off-plan payment plan: 10% down payment, 25% during construction, 65% on handover. This structure allows buyers to spread payments across the construction period, reducing upfront costs.

When is the handover date for Lumea Residence?

Lumea Residence is scheduled for handover in Q1 2028. Green Horizon Development is one of Dubai's leading developers with a strong track record of on-time delivery.

What types of units are available at Lumea Residence?

Lumea Residence features 1-bedroom apartments, 2-bedroom apartments and 3-bedroom apartments in Dubai Islands, Dubai. Each unit is designed with contemporary finishes and maximises natural light and views.

Where is Lumea Residence located in Dubai?

Lumea Residence is situated in Dubai Islands, Dubai. The area offers excellent connectivity to major business districts, retail centres and leisure destinations across the city.

What amenities does Lumea Residence offer?

Lumea Residence features a full range of lifestyle amenities including Indoor Swimming Pool, Landscaped Gardens, CCTV Security, Gymnasium, Restaurants and more. The development is designed to offer resort-style living within Dubai Islands, Dubai.

Interested in Lumea Residence?

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