Official imagery, floor plans and the full brochure for Luma 22 are available on request. We publish only developer-supplied media we are licensed to use.
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About Luma 22
Luma 22 is a residential building by TownX in District 10 of Jumeirah Village Circle.
As of Q2 2023, studios were quoted from about AED 488,000 and one-bedroom homes from about AED 655,000; one cited plan was 50% at launch, 25% during construction and 25% on handover.
Most listings place handover in the second half of 2024.
Payment
Payment plan
50/25/25 — 50% on booking, 25% during construction, 25% on handover
At a glance
Luma 22 key facts
- Developer
- TownX
- Community
- Jumeirah Village Circle
- Status
- Handover soon
- Handover
- Q3 2024
- Starting price
- AED 488K
- Unit types
- Studio, 1 Bedroom
- Payment plan
- 50/25/25
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 488K. 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 Luma 22
- 01
Agree the price
Agree terms with the seller of a unit at Luma 22, supported by recent Dubai Land Department transactions.
- 02
Form F (MOU)
Buyer and seller sign the RERA Form F memorandum of understanding and a 10% security cheque is lodged.
- 03
Developer NOC
TownX issues a No Objection Certificate once any outstanding service charges or instalments are settled.
- 04
Transfer
Transfer takes place at a Dubai Land Department trustee office; the 4% DLD fee is paid and the new 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
- Contemporary design from TownX
- Compact, efficient layouts
- Central JVC position
What to weigh
- Starting prices vary widely between portals
- One listing cites Q4 2029 handover, conflicting with the 2024 date
FAQ
Luma 22 — frequently asked questions
What is the starting price of Luma 22?
Published pricing at Luma 22 starts from AED 488K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Luma 22?
Luma 22 is scheduled for handover in Q3 2024. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Luma 22?
50/25/25 — 50% on booking, 25% during construction, 25% on handover
Who is the developer of Luma 22?
Luma 22 is developed by TownX in Jumeirah Village Circle, Dubai.
What unit types are available at Luma 22?
Luma 22 offers Studio, 1 Bedroom.
Where is Luma 22 located?
Luma 22 is in Jumeirah Village Circle, Dubai.
Can foreigners buy at Luma 22?
Yes. Jumeirah Village Circle is a freehold area, so buyers of any nationality can own property at Luma 22 outright.
Does buying at Luma 22 qualify for the UAE Golden Visa?
The entry price of AED 488K 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 Luma 22?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 20K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Luma 22?
MRK Real Estate advises on primary purchases and resales at Luma 22. 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 TownX before any transaction.
