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Luzora Residences

Dubai Islands , Dubai

AED 1,600,000
≈ AED 1,600,000
Free Residency Visa
Construction Progress4%
Bedrooms
1
Size
580 sqft
Price/Sqft
AED 2,759

Description

Nestled on the scenic Dubai Islands, Luzora Residences will offer upscale amenities with elegant design, everyday comfort and contemporary features within a serene waterfront setting. The residential units will come with spacious layouts, fitted kitchens and balconies.

Residents can enjoy a wide range of lifestyle amenities, including a fully equipped gym and a refreshing swimming pool. For added convenience, free Wi-Fi and golf carts will be provided throughout the development. With easy access to the mainland via Deira Island Bridge, commuting to neighbouring areas will be convenient. Residents can drive for 10 minutes to connect with Sheikh Rashid Road (E11) via Al Khaleej Road.

Amenities & Features

Lobby in Building
Gym or Health Club
Swimming Pool

Property Details

Property TypeApartment
ProjectLuzora Residences
CommunityDubai Islands
CompletionOff-Plan - Q2 2027
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 1,600,000
DLD Fee (4%)AED 64,000
Trustee FeeAED 4,200
Agency (2%)AED 32,000
Total InvestmentAED 1,700,200

Expected Annual Returns

Expected Annual RentAED 115,200
Service Charges (Est)-AED 8,700
Net Annual IncomeAED 106,500
Net Annual ROI6.3% (after expenses)
Payback Period16.0 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa12.2 km
Dubai Mall12 km
Dubai Airport (DXB)7.1 km
Mall of the Emirates23.2 km
Dubai Marina30.2 km