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Lumia Residence Compound, New Administrative Capital

Project ID:

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Description

Currently, the luxury experience depends heavily on the availability of advanced technological services at the highest level. This is the primary focus of the Lumia Residence New Administrative Capital project, which is the latest addition to Dubai Properties' portfolio of projects. It is the first smart compound in the Administrative Capital and strives seriously to provide a unique living experience. The goal of Lumia Residence Compound in the New Administrative Capital is not only to develop technology, but it also aims to meet the expectations of its customers through a distinctive strategic location, modern designs, and distinct spaces. Thanks to these efforts, Lumia Residence Compound in the New Administrative Capital occupies a leading position among the projects of the Administrative Capital.

Location of Lumia Residence Compound, New Administrative Capital

Dubai Real Estate Development Company succeeded in obtaining the last plot in the upscale neighborhood R7, which is plot F1, which is located on the highest hill in this distinguished area. Lumia Compound is ideally located in the R7 area, directly in front of the central park, giving it an exceptional view of all its units. Not only that, but the project also features stunning green spaces within it, making it an ideal destination for those looking to have a luxurious residential experience in the New Administrative Capital.

Places near Lumia Residence Compound, New Administrative Capital

Lumia Residence Compound in the New Administrative Capital is located behind the Swedish University.
Near the P1 service area, you can find the phone in Lumia Residence Compound.
The project is about 3 minutes away from the central axis.
Lumea Dubai Administrative Capital is distinguished by its prime location, just one minute away from the University Axis, which is considered the main axis in the R7 area.
Lumia Residence Compound is an ideal place for families, as it is surrounded by a medical center, 4 universities, 3 schools, and a club complex.
From Lumia Compound in the R7 area, you can reach the Diplomatic Quarter in just 3 minutes.
The Lumia Administrative Capital project is adjacent to important projects such as Tala Compound and Vinci Compound.

Design of Lumia Residence Compound in the New Administrative Capital

The signature of the engineering consultant, Mohamed Talaat, reveals the extent of the distinctiveness of the Lumia Residence Compound project in the New Administrative Capital, as it combines modernity and elegance. The designs of the Lumia project reflect uniqueness and avoid imitating traditional European architectural styles, with charming white facades covered with transparent glass, which impresses everyone who takes a look at the designs of the Lumia complex in the R7 area.

However, the success of Lumia Residence Compound in the New Administrative Capital requires that the design be supported by precise and elaborate implementation. For this reason, Dubai Real Estate Development Company approved Moharram Bakhoum Specialized Company as the executive engineering consultant for the Lumia Residence Compound project in the New Administrative Capital. The project includes multiple residential buildings comprising apartments and duplexes consisting of up to seven floors.

The area of Lumia Residence Compound in the New Administrative Capital

The Lumia Residence Compound project in the New Administrative Capital extends over an area of 36 acres, most of which includes green spaces and artificial lakes, with the aim of providing an environment full of comfort and tranquility for the residents of the R7 area in Lumia Compound. The project allows residents to enjoy wonderful views of the natural surroundings. Dubai Real Estate Development Company cooperated with OkoPlan to design the unique landscape included in the Lumia Residence Compound project.

As for the residential unit spaces in Lumia Administrative Capital, they are diverse to meet different needs. Apartment areas range from 115 square meters and above, while duplex areas start from 235 square meters. Duplexes are available on the first and second floors, in addition to the sixth and seventh floors in the buildings of Lumia Residence Compound.

Facilities and services of Lumia Residence Compound, New Administrative Capital

Dubai Real Estate Development Company has devoted special attention to providing distinguished services in the Lumia Residence Compound project, the New Administrative Capital. To achieve this goal, the company cooperated with many companies to ensure a high level of luxury and modernity. Here are some of the prominent services provided by Lumia Residence New Administrative Capital:

Landscape areas and water formations, in addition to a walking walkway within the project.
Providing a variety of restaurants and cafes within the project.
Lumia Residence Compound in the New Administrative Capital was designed as a smart compound, in cooperation with Etisalat Misr to develop digital technologies and services.
KIDS AREA is equipped with the best games for children.
Modern and secure garage facilities within the project.
An integrated security system that includes advanced surveillance cameras and a 24-hour security team.
Continuous maintenance and cleaning services to maintain the cleanliness and aesthetics of the project.
A business center that helps you complete your work tasks smoothly within the project.
The presence of internal transportation to facilitate movement within the project.
Entertainment areas include a cinema and barbecue areas.
Hotel apartments to provide the highest level of luxury.
A mall and hypermarket for convenience and ease of purchasing your needs.
Running and cycling paths within the project.
Swimming pools, gym, and spa area within the project.

These services make Lumia Residence Compound in the New Administrative Capital an integrated place where residents can enjoy life in luxury and comfort.

Features of Lumia Administrative Capital Compound

The Lumia Residence project in the Administrative Capital offers a range of distinguished services, as it shines with remarkably competitive prices, is distinguished by its distinguished location, and provides advanced services, in addition to exquisite designs that enhance its unique character. The project also allows a flexible installment system extending up to 10 years, which provides great flexibility for investors and buyers, with a wide variety of unit spaces.

Lumia Residence combines competitive prices and a prime location, making it an attractive option for those looking for accommodation in the heart of the Administrative Capital. The advanced services provided by the project enhance the residents’ life experience, while the unique designs give the project an exceptional character.

Thanks to the flexible installment plan, investors can benefit from the investment possibilities comfortably, and buyers can obtain a unit that precisely meets their needs. A wide range of unit sizes allows customers to choose the option that suits their needs and desires.

Disadvantages of Lumia Compound R7 New Capital

Despite the many advantages of Lumia Residence New Administrative Capital, there are some people who remain concerned about investing in apartments for sale in this area. However, these concerns can be alleviated thanks to the development of the modern road network, as reaching the Administrative Capital has become easy and efficient, and does not require much time.

Improving the road network and infrastructure of the project provides easy access to the Administrative Capital, reducing any obstacles that may exist. This development enhances the value of the project as an attractive investment destination, as it allows investors and buyers to easily access the features of Lumia Residence without much effort.

In this context, investing in an apartment in Lumia Residence Compound in the New Administrative Capital becomes more attractive and demonstrates the efficiency of communication between the project and its surrounding areas, which increases its attractiveness as an investment and residential option.

Prices of Lumia Residence Compound, New Administrative Capital

Prices are considered one of the most prominent advantages offered by Dubai Real Estate Development Company in Lumia Residence Compound, New Administrative Capital. It is possible to obtain apartments for sale in the R7 area of the Administrative Capital, in a project that provides modern technological services and is characterized by unique designs, diverse spaces, and integrated services, at remarkably low starting prices. Here are the details of the prices of the Dubai Real Estate Development Company project in the R7 area in the Administrative Capital:

The price per square meter for fully finished apartments starts from 28,000 Egyptian pounds.
The price per square meter for semi-finished apartments starts from 20,000 Egyptian pounds.
For two-bedroom apartments with an area starting from 115 square meters, the price starts from 2,500,000 Egyptian pounds.
As for three-bedroom apartments with an area starting from 145 square meters, the price starts from 3,000,000 Egyptian pounds.
For 4-bedroom apartments with an area starting from 195 square meters, the price starts from 4,000,000 Egyptian pounds.
For duplexes, areas start from 235 square meters with a total price starting from 5,000,000 Egyptian pounds.

Lumia Residence Compound offers discounts of up to 35% on the total price when paying in cash.

Installment system in Lumia Residence Compound

The reservation and installment options in the Lumia Administrative Capital project have been expanded by the Dubai company to give customers more flexibility in choosing the option that suits them. Now customers can benefit from multiple booking and installment options according to their needs. Here are some reservation systems for the Lumea Dubai Administrative Capital project:

Down payment of 10% of the unit value, with the possibility of paying the remaining amount in installments over 7 years.
A down payment of 20% of the unit value with the option to pay the remaining amount over 8 years.
A down payment of 30% of the unit value, with the possibility of paying the remaining amount in installments over 9 years.
A down payment of 40% of the unit value, with the remaining amount paid over 10 years.

In addition, a reservation deposit of 20,000 EGP must be paid, which can be refunded. These various options allow customers to determine the method that suits their financial conditions and their orientation in booking and installments.

About Dubai Real Estate Development Company

Dubai Real Estate Development Company is one of the leading real estate companies that was established thanks to the pioneering efforts of Mr. Abdel Fattah Al Murr in 1997. Thanks to its vast experience in the field of real estate, the company has successfully implemented and delivered more than 150 successful projects in the Ras El Bar and Damietta areas. Recently, we have witnessed the Dubai Real Estate Development Company moving towards the Administrative Capital, where it has implemented many new projects.