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About Santorini Residences by Loutraki
Santorini Residences is a boutique project by Loutraki Real Estate in Jumeirah Village Triangle, styled after the Aegean island with whitewashed design and freehold studios and one-bedroom apartments.
Entry pricing starts around AED 639,000 for studios, with one-bedrooms near AED 1.015 million; the most advertised plan places 48% of the price over three years after handover.
Most sources point to Q1 2027 completion, though some listings cite late 2026.
Pricing
Published pricing by configuration
As published by the sources listed at the foot of this page. Developer pricing changes between releases — confirm before relying on any figure.
Payment
Payment plan
52/48 — 20% on booking, 25% during construction, 7% on handover, 48% post-handover over 3 years
At a glance
Santorini Residences by Loutraki key facts
- Developer
- Loutraki Real Estate
- Community
- Jumeirah Village Triangle
- Status
- Under construction
- Handover
- Q1 2027
- Starting price
- AED 639K
- Unit types
- Studio, 1 Bedroom
- Payment plan
- 52/48
- Ownership
- Freehold — open to all nationalities
Available units
Santorini Residences by Loutrakiunits & prices
Starting prices by unit type as published at the latest update. Developer pricing moves with each release — message us for the current price list and live availability.
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 639K. 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 Santorini Residences by Loutraki
- 01
Shortlist and reserve
Choose a unit type and view at Santorini Residences by Loutraki and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
Loutraki Real Estate 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 2027), 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
- Extended post-handover payment plan
- Distinctive Mediterranean design
- Freehold for all buyers
What to weigh
- Handover quoted anywhere from mid-2026 to Q1 2027
- Several differing payment splits advertised
- Boutique developer with a short track record
FAQ
Santorini Residences by Loutraki — frequently asked questions
What is the starting price of Santorini Residences by Loutraki?
Published pricing at Santorini Residences by Loutraki starts from AED 639K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Santorini Residences by Loutraki?
Santorini Residences by Loutraki is scheduled for handover in Q1 2027. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Santorini Residences by Loutraki?
52/48 — 20% on booking, 25% during construction, 7% on handover, 48% post-handover over 3 years
Who is the developer of Santorini Residences by Loutraki?
Santorini Residences by Loutraki is developed by Loutraki Real Estate in Jumeirah Village Triangle, Dubai.
What unit types are available at Santorini Residences by Loutraki?
Santorini Residences by Loutraki offers Studio, 1 Bedroom.
Where is Santorini Residences by Loutraki located?
Santorini Residences by Loutraki is in Jumeirah Village Triangle, Dubai.
Can foreigners buy at Santorini Residences by Loutraki?
Yes. Jumeirah Village Triangle is a freehold area, so buyers of any nationality can own property at Santorini Residences by Loutraki outright.
Does buying at Santorini Residences by Loutraki qualify for the UAE Golden Visa?
The entry price of AED 639K 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 Santorini Residences by Loutraki?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 26K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Santorini Residences by Loutraki?
MRK Real Estate advises on primary purchases and resales at Santorini Residences by Loutraki. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Loutraki Real Estate before any transaction.
