OFF-PLAN PROJECT · Swank Developments

Lua Residences by Swank Developments, Mohammed Bin Rashid City — price, payment plan & handover

Lua Residences is an off-plan project by Swank Developments in Mohammed Bin Rashid City, Dubai. In the developer data listed on Property Finder on 3 November 2026, it showed a starting price of AED 7,327,896 (developer sold out — resale units only), a 15% down payment, a 15/35/50 payment plan and expected handover in Jan 2026. Unit types: villa; bedrooms: 4, 5, 6 bedrooms. The developer listing shows this project as sold out, so buying here means a resale unit from an owner — Majeed can source and check resale offers. These figures are a dated snapshot, not confirmation of availability — ask Majeed for the current price list and free units before deciding.

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Lua Residences — Mohammed Bin Rashid City — Project visual from the developer listing; confirm the exact building and unit.

Key details

Developer: Swank Developments
Location: Mohammed Bin Rashid City, Dubai
Starting price (listed): AED 7,327,896
Availability: Developer sold out — resale units only
Down payment: 15%
Payment plan: 15/35/50
Expected handover: Jan 2026 (date passed — may be completed)
Property types: Villa
Bedrooms: 4, 5, 6 bedrooms
Construction: Completed

Source: Property Finder · data dated 3 November 2026. Prices, plans and availability change; confirm with the official sales offer.

Before you book

Ask for the official sales offer and payment schedule with dates and amounts.
Confirm the project is registered with the Dubai Land Department and that payments go to its escrow account.
Budget for registration and admin fees — see Dubai buying costs.
Compare with other projects in the area and from the same developer below.