Lua Residences
by Swank Development · 📍 Mohammed Bin Rashid City
Lua Residences is a project by Swank Development in Mohammed Bin Rashid City, Dubai. It offers 4BR, 5BR and 6BR. The Dubai Land Department project register lists completion for March 2026. It was 64% built at the official RERA site inspection of 22 September 2026.
Official brochure
Full unit layouts & floor plans are inside the brochure. Source: Swank Development official site, as of Nov 2024.
About the project
Exclusive gated community of 37 villas and twin villas (14x Ara 5BR, 14x Capella 4BR twin, 14x Luna 5BR, 4x Polaris 6BR) in District 11, MBR City, with crystal lagoon access.
Units & pricing
| Unit | Size | Price from |
|---|---|---|
| 5BR | 4,678 sqft · 435 m² | — |
| 4BR | 3,437 sqft · 319 m² | — |
| 5BR | 4,966 sqft · 461 m² | — |
| 6BR | 7,259 sqft · 674 m² | — |
Construction progress
64.42% complete at the latest RERA site inspection on 22 Sept 2026; scheduled completion 31 Mar 2026.
| Inspection | Complete | Photos |
|---|---|---|
| 22 Sept 2026 | 64.42% | 10 |
| 16 Jun 2026 | 55.2% | 10 |
| 3 Dec 2025 | 42.98% | 8 |
| 19 Jun 2025 | 31.03% | 6 |
| 16 Apr 2025 | 19.27% | 6 |
| 21 Dec 2024 | 5.3% | 4 |
| 11 Mar 2024 | 0% | 3 |
Escrow account 3718467862003 at Emirates Islamic Bank P.J.S.C.. Payments for units in this project go into this account.
Official RERA site-inspection records for registered project #2974, updated daily. Tap a photo for the full-size original.
Sales velocity
Per-unit-type pricing and sell-through from an independent market source.
| Unit | Size | Price from | Sold |
|---|---|---|---|
| 4 Beds | 2,590–3,540 sqft (241–329 m²) | AED 6.30M | 14 / 14 |
| 5 Beds | 4,060–6,030 sqft (377–560 m²) | AED 9.10M | 19 / 19 |
| 6 Beds | 5,650–8,400 sqft (525–780 m²) | AED 12.90M | 4 / 4 |
Independent third-party construction snapshot, not developer-confirmed. Sold counts reflect that source's own tracking and may differ from the other listing data on this page.
Amenities
Who's selling this project
8 agencies are currently listing units in Lua Residences across 8 live listings, from AED 6.70M to AED 17.50M depending on unit size and floor.
| Agency | Listings | Asking range | Trust |
|---|---|---|---|
| Allsopp & Allsopp Real Estate | 1 | AED 11.50M | 1 verified · TruBroker |
| Damini Real Estate | 1 | AED 7.80M | 1 verified · TruBroker |
| Driven Properties | 1 | AED 17.50M | 1 verified |
| Home Liga Real Estate | 1 | AED 14.50M | 1 verified · TruBroker |
| Osus Real Estate | 1 | AED 11.50M | 1 verified |
| Seven Century Real Estate | 1 | AED 8.00M | 1 verified · TruBroker |
| Whitewill Real Estate - Dubai | 1 | AED 6.70M | 1 verified · TruBroker |
| XO Property | 1 | AED 13.85M | 1 verified · TruBroker |
Live asking prices from agency listings — compare before you commit. Ranges span different unit types and floors, and asking prices are not sold prices.
How it compares in Mohammed Bin Rashid City
15 other off-plan projects in Mohammed Bin Rashid City · average entry price AED 1.33M
Lua Residences: questions and answers
When is the handover of Lua Residences?
The Dubai Land Department project register lists the completion date of Lua Residences as March 2026.
How much of Lua Residences is built?
Lua Residences was 64% complete at the official RERA site inspection of 22 September 2026.
Is Lua Residences registered with the Dubai Land Department?
Yes. Lua Residences is registered with the Dubai Land Department as project number 2974, and its escrow account is held at Emirates Islamic Bank P.J.S.C.. By law, buyers' payments for an off-plan home in Dubai go into the project's escrow account.
Who is the developer of Lua Residences?
Lua Residences is developed by Swank Development. The Dubai Land Department project register lists 2 projects for Swank Development, all under construction.
Where is Lua Residences located?
Lua Residences is in Mohammed Bin Rashid City (District 11), Dubai.
What unit types does Lua Residences offer?
Lua Residences offers 4BR, 5BR and 6BR, with sizes from 3,437 sqft (319 m²) to 7,259 sqft (674 m²). The project has 37 units in the Dubai Land Department project register.
What amenities does Lua Residences have?
Lua Residences lists these amenities: Swimmable Crystal Lagoon, Waterside walking/running track, Canoeing/Kayaking, Sandy beaches, Community clubhouse, Outdoor gym, Sports courts and Children's play area, plus 1 more.
Explore more
More off-plan projects by Swank Development
✦ Want the full picture on Lua Residences?
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Source: developer’s official website + live listing photos. Prices are "starting from" figures where published. Always verify with the developer before transacting. Project details last checked on 22 Sept 2026.