The project
About Luminous Coastal Living
Luminous Coastal Living offers one- to three-bedroom apartments on Dubai Islands, including layouts with a study.
Rooftop amenities, a pool, a gym and a play area complement interiors fitted with Miele and Bosch appliances.
Payment
Payment plan
10% down, 25% during construction, 65% on handover
At a glance
Luminous Coastal Living key facts
- Developer
- Green Horizon Development
- Community
- Dubai Islands
- Status
- Under construction
- Handover
- Q1 2028
- Starting price
- AED 1.62M
- Unit types
- 1BR, 1BR + Study, 2BR, 2BR + Study, 3BR
- Payment plan
- 10% down, 25% during construction, 65% on handover
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 1.62M. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Luminous Coastal Living
- 01
Shortlist and reserve
Choose a unit type and view at Luminous Coastal Living and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
Green Horizon Development issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q1 2028), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Miele and Bosch appliances
- Study-room layouts
- Rooftop amenity level
What to weigh
- 65% is due on handover
- Developer is a newer entrant to the market
FAQ
Luminous Coastal Living — frequently asked questions
What is the starting price of Luminous Coastal Living?
Published pricing at Luminous Coastal Living starts from AED 1.62M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Luminous Coastal Living?
Luminous Coastal Living is scheduled for handover in Q1 2028. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Luminous Coastal Living?
10% down, 25% during construction, 65% on handover
Who is the developer of Luminous Coastal Living?
Luminous Coastal Living is developed by Green Horizon Development in Dubai Islands, Dubai.
What unit types are available at Luminous Coastal Living?
Luminous Coastal Living offers 1BR, 1BR + Study, 2BR, 2BR + Study, 3BR.
Where is Luminous Coastal Living located?
Luminous Coastal Living is in Dubai Islands, Dubai.
Can foreigners buy at Luminous Coastal Living?
Yes. Dubai Islands is a freehold area, so buyers of any nationality can own property at Luminous Coastal Living outright.
Does buying at Luminous Coastal Living qualify for the UAE Golden Visa?
The entry price of AED 1.62M is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Luminous Coastal Living?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 65K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Luminous Coastal Living?
MRK Real Estate advises on primary purchases and resales at Luminous Coastal Living. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-11-01. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Green Horizon Development before any transaction.
