


Swank Development · Wadi Al Safa 3 · Dubai · United Arab Emirates
Lua Residences
Availability and pricing checked 8 Oct 2026. Prices, sizes and counts describe the homes currently released for sale, not the development as a whole. The developer has not published a live unit count for this project.
The essentials
- Available now from
- On request
- Available up to
- On request
- Layouts on offer
- On request
- Available sizes
- On request
- Service charge
- 3.5 AED/sqftCharged once a year
- Status
- under construction
- Construction started
- June 2024
- Build progress
- 55% complete
- Furnishing
- semi furnished
- Handover
- Q2 2026
- Buildings releasing now
- 1
- Escrow account
- Registered
Payment plan
15 / 20 / 65Sold out
Every home here has been sold.
6 other projects are still selling in Wadi Al Safa 3.
Browse all off-plan projectsAbout this project
Swank Development
Project general facts
Lua Residences is an exclusive gated community of exquisite villas surrounded by lush landscaping. Swank Development approaches design with a profound understanding of customers, translating this comprehension into impeccable designs that foster memorable moments and elevate the concept of living to new heights. From sleek, contemporary lines to timeless architectural features, Lua Residences offers a harmonious fusion, creating a truly distinctive ambience where exquisite finishes, layering, and textures invite you to discover more than meets the eye.
Open, adaptable living spaces are designed to enhance your everyday lifestyle, with spacious layouts seamlessly blending functionality with elegance. Each villa features its own unique architectural elegance and impeccable style, with aesthetics emphasizing the retention of natural patina and earthiness to create a warm and welcoming atmosphere. Soothing rich tones of timber and natural stone, along with natural elements that adorn the interiors and exteriors, add a layer of organic beauty to every space. Smart home integration adds modern convenience to timeless charm.
Different materials come together to enrich the depth and character of the interiors, from the smooth, polished surfaces of marble to the rustic charm of timber. Every element is carefully chosen to create a living space that goes beyond the surface, with meticulously crafted finishes and intricate architectural elements reflecting a dedication to perfection synonymous with Portuguese tradition. Kitchens are fully equipped, and each residence is a sanctuary of warmth, elegance, and refined living.
Location description and benefits
Nestled in Mohammed Bin Rashid City, a visionary and ambitious community designed to be a dynamic and sustainable urban development, this exceptional location embraces innovation, luxury, and a high quality of life. The community is characterized by extensive green spaces and beautifully landscaped parks, incorporating vast stretches of parks, gardens, and waterfront promenades where residents can enjoy leisurely walks, outdoor activities, and moments of tranquility.
The location is distinguished by its world-class amenities and attractions, including state-of-the-art educational institutions, healthcare facilities, luxury hotels, shopping malls, and entertainment venues. The community hosts various cultural events, sports competitions, and recreational activities that bring people together, along with cycling tracks, jogging trails, and equestrian facilities catering to those who appreciate an active and outdoor lifestyle.
For those seeking a residence that embodies timeless elegance, natural beauty, and a prime Dubai address, Mohammed Bin Rashid City delivers an unmatched lifestyle. Its unique combination of green spaces, world-class amenities, and strategic connectivity makes it one of Dubai's most desirable destinations. This is a place where one can embrace the essence of tranquil living.
Amenities
5
Kids Play Area
Swimming Pool
Walking And Cycling Trails
Bbq Area
Sitting Area
What’s nearby
6
Gallery
12












Good to know
Straight answers from the developer's published terms, checked 8 Oct 2026.
What is the payment plan for Lua Residences?
+
Payment Plan: 15% on booking, 20% during construction and 65% on handover.
When does Lua Residences hand over?
+
Handover is scheduled for Q2 2026. Construction is 55.2% complete.
Who is the developer of Lua Residences?
+
Lua Residences is developed by Swank Development in Wadi Al Safa 3 · Dubai · United Arab Emirates.
What is the service charge at Lua Residences?
+
The published service charge at Lua Residences is 3.5 AED/sqft, billed once a year. It starts at handover and the first year is usually pro-rated from the day you collect the keys. In Dubai the annual budget behind the charge is filed with the Mollak system, so the figure is reviewed each year once the building is occupied. Checked 8 Oct 2026.
Is my money protected when buying off-plan at Lua Residences?
+
Swank Development has registered an escrow account for Lua Residences. In the UAE an off-plan instalment is paid into the project’s escrow account rather than to the developer directly, and is released against construction progress the regulator has verified. We do not publish the account number — your sale agreement and the developer’s own payment instructions carry it.
How the money actually moves — escrow, the 35/65 split, post-handover terms and the fees nobody mentions: our guide to UAE off-plan payment plans.
More in Wadi Al Safa 3
6 projects are selling in Wadi Al Safa 3 — browse them all.


