Luma Residence New Capital is a residential compound located in the heart of the New Administrative Capital in Egypt. It is built on a vast 36-acre site and offers a variety of residential units for purchase. Dubai Holding, a renowned real estate developer with a portfolio of successful projects worldwide, developed the project.
The compound offers a unique living experience for its residents, with modern and luxurious designs that cater to different tastes and preferences. The residential units include apartments and duplexes with various spaces and prices, providing options for other family sizes and budgets. The compound offers a comfortable and serene atmosphere, with vast green spaces and artificial lakes that create a sense of tranquility away from the hustle and bustle of the city.
Luma Residence New Capital’s location is strategic, with easy access to various facilities and services. The compound is a few minutes from the Swedish University and the Capital International Airport. Downtown is also a short distance away, with various shopping and entertainment options available. The compound is also located near the Monorail train station, providing easy access to different parts of the city.
Overview of Luma Residence New Capital
Luma Residence New Capital is a residential compound in the heart of the New Administrative Capital. Developed by Dubai Developments, it offers a range of apartments and duplexes that cater to different needs and preferences. This section will provide an overview of the project, highlighting its strategic location, design philosophy, and distinctive features.
Strategic Location
Luma Residence New Capital is strategically located in the R7 district, one of the most sought-after areas in the New Administrative Capital. The compound is close to significant landmarks and facilities, including the Presidential Palace, the Parliament, and the Central Business District.
Design Philosophy
Luma Residence New Capital is designed with the needs and aspirations of modern families in mind. The compound features a contemporary architectural style that blends seamlessly with the surrounding landscape. The apartments and duplexes maximize space and natural light, creating a comfortable and welcoming atmosphere. The compound also boasts various amenities and services catering to residents’ needs and preferences.
Distinctive Features
Luma Residence New Capital offers a range of distinctive features that set it apart from other residential compounds. These include:
- Spacious apartments and duplexes that cater to different needs and preferences
- Contemporary architectural style that blends seamlessly with the surrounding landscape
- Range of amenities and services that cater to residents’ needs and preferences, including a swimming pool, a gym, and a clubhouse
Property Types and Spaces
Luma Residence New Capital offers a range of property types, including apartments, duplexes, and terraces. The available spaces cater to different needs and budgets.
Apartments
Luma Residence New Capital offers apartments with spaces starting from 115 square meters. The apartments are competitively priced, starting from 2,500,000 EGP. They are designed to provide comfortable living spaces that are both functional and aesthetically pleasing.
Duplexes
For those who require more space, Luma Residence New Capital offers duplexes with spaces starting from 235 square meters. The duplexes are priced at 5,000,000 EGP, making them an attractive option for families. The duplexes provide ample living space while maintaining privacy and comfort. They offer a range of features, including balconies, terraces, and private gardens.
Terraces
Luma Residence New Capital also offers terraces, ideal for those who want to enjoy the outdoors while still close to their home. The terraces provide a comfortable and relaxing space, with seating areas, greenery, and water features. They are priced competitively, making them an attractive option for those who want to enjoy the benefits of outdoor living.
Amenities and Facilities
Security and Surveillance
Lumia Residence New Capital provides a secure environment for its residents. The compound has security systems to ensure their safety. The security personnel are highly trained and available 24/7.
Recreational Areas
Lumia Residence, a New Capital compound, provides its residents with a range of recreational areas. The compound has ample green space, artificial lakes, and beautifully landscaped gardens. It also has a range of recreational activities, including a cinema, a mosque, and clubs. The compound also has tracks for walking and jogging.
Health and Wellness Facilities
Lumia Residence New Capital provides a range of health and wellness facilities for its residents. It has a fully equipped gym. The compound also has a spa offering various treatments to help residents relax and rejuvenate.
Residents can enjoy a healthy lifestyle. The gym has modern equipment, and personal trainers are available for guidance and support. The swimming pool is large and well-maintained, making it a great place to cool off during the hot summer. The jacuzzi and sauna provide a relaxing and therapeutic experience.
Investment Opportunities
Real Estate Market Insights
Investing in Luma Residence New Capital can be a lucrative opportunity. The real estate market in Egypt has been growing steadily in recent years, and the New Administrative Capital is a prime location for investment due to its strategic location and the government’s focus on developing the area.
According to market insights, the real estate market in the New Administrative Capital has been experiencing steady growth, with prices increasing year on year. This growth will continue in the coming years, making it an ideal time for investors to invest in Luma Residence New Capital.
Potential for Appreciation
Luma Residence New Capital offers excellent potential for appreciation, making it an attractive investment opportunity. The compound offers a variety of units, including apartments and duplexes, in various sizes and prices, ensuring that there is something for everyone.
Investors can expect to see an increase in the value of their investment over time as the demand for property in the New Administrative Capital continues to rise.
Connectivity and Transportation
Internal Transportation
Lumia Residence New Capital is a well-connected community that make it easy to move around the compound. The developers have taken great care to ensure that the internal transportation system is efficient and convenient for residents.
Proximity to Key Locations
Lumia Residence New Capital is in the heart of the 7th residential district in the New Administrative Capital. This location provides easy access to critical locations, including:
- Monorail Train Station: The Monorail Train Station is just a few minutes’ drive from the compound.
- Transportation: The compound is also well-connected to the rest of the city.
- Location: The New Administrative Capital is a rapidly developing area home to a wide range of businesses, educational institutions, and recreational facilities.
Purchasing Details
Price Range and Payment Plans
Lumia Residence New Capital offers a variety of residential units at competitive prices. The compound includes apartments and duplexes of various sizes and prices. The price range for the apartments starts at 2,500,000 EGP for a 115-square-meter unit, while the duplexes start at 5,000,000 EGP for a 235-square-meter unit.
The compound offers up to a 35% discount for cash payments. For those who prefer installments, the payment plan starts with a 10% down payment and installments for up to 10 years.
Booking and Down Payments
To reserve a unit in Lumia Residence New Capital, interested buyers can contact the sales department at 01146812776. The down payment starts at 10% of the total price. The sales team is available to provide guidance and assistance throughout the purchasing process.
Developer Profile
About the Developer Company
Lumia Residence New Capital is by Dubai Developments, one of the largest real estate companies in Egypt. The company has a strong reputation for delivering high-quality residential and commercial properties in Egypt and beyond.
Dubai Developments is committed to providing its customers with exceptional service and quality. The company believes in creating sustainable, innovative communities designed to meet the needs of modern living.
Previous Projects and Reputation
Dubai Developments has an extensive portfolio of successful residential, commercial, and mixed-use projects. Some of the company’s notable projects include:
- The Gate is a mixed-use development in Cairo, including residential, commercial, and retail spaces.
- The Address is a luxury residential project in Cairo that offers high-end amenities and services.
- The Polygon is a mixed-use development in New Cairo, including residential, commercial, and retail spaces.
Dubai Developments has a strong reputation for delivering high-quality projects that meet its customers’ needs. The company is known for its innovative designs, attention to detail, and commitment to sustainability. It is led by Mohamed Talaat, a respected real estate developer with over 20 years of experience in the industry.
Community Living
Luma Residence New Capital offers a vibrant community lifestyle for its residents. The compound provides a comfortable living experience with spacious facilities, services, and diverse recreational activities catering to the community’s various needs.
Residential Units and Privacy
Luma Residence New Capital offers a diverse range of residential units, including apartments and duplexes, in various spaces and prices. The compound is built on 36 acres, with a significant portion dedicated to it and its services. The compound’s design ensures privacy and security for its residents while providing a comfortable and modern living experience.
Social and Cultural Environment
The compound’s social and cultural environment promotes a sense of community among its residents. Luma Residence New Capital offers recreational activities, including sports facilities, swimming pools, and green spaces. The compound also includes social and cultural facilities such as community centers, cafes, and restaurants, providing a space for residents to socialize and interact.
Contact and Additional Information
Customer Service
The customer service team is available to answer questions regarding the compound, its facilities, and the available units. Customers can also schedule a visit to view the units and learn more about the project.
Further Inquiries
The sales team can give customers more detailed information about the available units, payment plans, and pricing. They can also schedule a meeting with the sales team to discuss their requirements and preferences.
Additionally, customers can visit the social media pages of Luma Residence New Capital to stay updated with the latest news and developments. The compound has an active presence on Facebook, Twitter, and Instagram.
Frequently Asked Questions
What is the price range for properties in Luma Residence?
- Prices for apartments in Luma Residence start at 2,500,000 EGP.
- Duplexes in Luma Compound start at 5,000,000 EGP.
- The price range for properties in Luma Residence varies depending on the type of unit and its size.
What types of apartments are available for rent at Luma Residence?
- Currently, there are no rental options available at Luma Residence.
- Luma Residence offers properties for sale only.
Are there any rental options currently available at Luma Residence?
- Currently, there are no rental options available at Luma Residence.
- Luma Residence offers properties for sale only.
What are the purchasing options for Luma Residence properties?
- Luma Residence offers a 10% down payment option for purchasing properties.
- The rest can be paid in installments over ten years.
How is Dubai Developments involved in the Egyptian real estate market?
- Dubai Developments is developing Luma Residence, a new residential compound in the heart of Egypt’s new administrative capital.
- Dubai Developments has a strong presence in the Egyptian real estate market, with several other projects under development.
What are the unique features of Egypt’s new administrative capital?
- Egypt’s new administrative capital is a modern city being built from scratch.
- The city has sustainability and technology in mind, featuring green spaces, innovative infrastructure, and advanced transportation systems.
- The new administrative capital will house government buildings, diplomatic missions, and international business headquarters.
