Lua Residences
Mohammed Bin Rashid City · by Swank · Dubai
The stated handover of Q1 2026 has already passed while the source still reports the building as under construction. It is counted as off-plan and running late, not as delivered.
The record
- Developer
- Swank
- Community
- Mohammed Bin Rashid City
- City
- Dubai
- Sale status
- Sold out
- Construction
- Under construction
- Classification
- Off-plan, handover date passed
- Property types
- Villa
- Bedrooms offered
- 4, 5, 6
- Priced unit records
- 4
- Payment plans listed
- 1
- Sub-community
- District 11
- Published price range
- AED 6.30M to AED 8.70M
- Ownership
- Freehold
- Furnishing
- Semi furnished
- Floors
- G + 2 floors + R
- Service charge, developer-stated
- 3.5 AED/sqft
StatedProject facts, developer-published inventory, as published by the developerread 2026-07-30
Blank means the developer published nothing, not that the answer is zero. The service charge is the figure the developer published, not the RERA service charge index.
Where this price sits
AED 1,812 per sqft, 17% below the Mohammed Bin Rashid City median, and 10% below the Dubai median.
AED per sqft of built-up area, measured the same way for every project in the corpus so the three readings above are comparable. Asking prices, not transactions.
SourceOffplanIndex corpus, July 2026n = 4 priced records for this projectMethod
Cite this: OffplanIndex, Lua Residences price per sqft, AED 1,812, July 2026, https://offplanindex.com/projects/swank-real-estate-lua-residences
The published payment plan
| Plan | Down payment | During construction | On handover | After handover | Structure |
|---|---|---|---|---|---|
| Payment Plan | 15% | 20% | 65% | none | 40/60 |
Only plans whose stages add up to the whole price are listed. The structure column files each plan the way the payment plan pages do, so a link shows every other project offering the same shape.
The payment plan
On the published entry price of AED 7,327,896 that is AED 2,564,764 before handover. Run other prices through the payment plan calculator.
Booking, construction and handover are three independent medians, so they are normalised to 100 before drawing and the handover share carries the remainder. 11% of plans in Mohammed Bin Rashid City schedule instalments after the keys.
More in Mohammed Bin Rashid City
The same slice of Mohammed Bin Rashid City: starting AED 5M to 10M 6, handing over in 2026 20.
- AED/sqft
- 1,392
- From
- AED 3.99M
- Handover
- Q3 2029
- Before keys
- 60%
- AED/sqft
- n/a
- From
- AED 5.29M
- Handover
- Q4 2023
- Before keys
- 40%
- AED/sqft
- n/a
- From
- AED 6.53M
- Handover
- Q3 2026
- Before keys
- n/a
- AED/sqft
- 2,000
- From
- AED 7.94M
- Handover
- Q2 2027
- Before keys
- 50%
- AED/sqft
- n/a
- From
- AED 8.00M
- Handover
- Q4 2023
- Before keys
- 50%
- AED/sqft
- 3,030
- From
- AED 8.10M
- Handover
- Q3 2027
- Before keys
- 70%
The full report: every community, every developer, ranked.
Mohammed Bin Rashid City, Dubai in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.
OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.