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Lume Residences

Under construction

by S And S Real Estate Development · JVC

Updated 22 October 2026 · Source: DLD open data · Information, not financial advice. Not an official DLD product.

The median sale price in Lume Residences is AED 998,850 (AED 1,649 per sqft), 11% above the JVC median of AED 1,492 per sqft, from 68 sales in the last 12 months. It is 22% built, with handover planned for Sept 2027. The escrow account is at Sharjah Islamic Bank.

Build progress22%
Planned handoverSept 2027
Units182
Median priceAED 998,850middle half AED 972K to AED 1.06M
Price / sqftAED 1,649area median AED 1,492
Sales, 12 months68156 since launch

Schedule check

Built22%
Planned time used58%

Build progress is 37 pts behind the share of time used.

Progress gap compares build progress with the share of planned time already used. A project 40% built after using 60% of its planned time shows -20 pts.

Registry details

Project number3550
DeveloperS And S Real Estate Development
Escrow bankSharjah Islamic Bank
Start date30 June 2025
Registered23 April 2025
DLD areaAl Barsha South Fourth
CommunityJVC

Compare with other projects in JVC

ProjectDeveloperStatusMedian pricePrice / sqftSales
Lume ResidencesS And S Real Estate Development22%AED 999K1,64968
The BoroughIconic Vista Real Estate Development6%AED 760K1,51771
Neva ResidencesTiger PropertiesReadyAED 971K1,12070
Provenza ResidencesI K R Real Estate Development20%AED 1.05M1,35470
Helvetia ResidencesD H G Property DevelopmentReadyAED 1.70M1,37067
Park Lane 2 By HeilbronnHeilbronn Properties DevelopmentReadyAED 1.37M1,59962
Binghatti EthereaBinghatti Developers7%AED 771K2,27461

Areas: JVC

Questions buyers ask

How much does a home in Lume Residences cost?

The median DLD sale price is AED 998,850 (AED 1,649 per sqft), from 68 sales in the last 12 months. The middle half of sales ran from AED 972,333 – AED 1.06M.

When is the handover of Lume Residences?

The DLD registry shows a planned completion date of Sept 2027. Build progress is 22%. Build progress is 37 pts behind the share of time used.

Who is the developer of Lume Residences?

S And S Real Estate Development. The DLD registry lists 1 projects by this developer, 0 of them completed.

Ask before you buy off-plan

  • Is the project registered with DLD and is the escrow account in the developer's name at the bank shown here?
  • What share of the price must be paid before the developer allows resale?
  • What does the sale agreement say about delay compensation and the latest handover date?
  • Is the payment plan linked to construction milestones or to calendar dates?
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Source: DLD project registry and sales, via Dubai Data. Data through 22 October 2026. Registry dates can lag official extensions. Source · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.