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ReadyHanded over

LOCI Residences

by Lootah Real Estate Development Jumeirah Village Circle

About LOCI Residences

LOCI Residences is a residential building by Lootah Real Estate Development, in Jumeirah Village Circle, Dubai. The project comprises 114 homes.

Key information

Lootah Real Estate Development
Developer
Lootah Real Estate Development
Handover
Q1 2023
Status
Handed over
Location
Jumeirah Village Circle, Dubai
Master project
Jumeirah Village Circle
Construction started
2018
Number of buildings
1
Number of units
114
Registered with DLD
21 Apr 2022
Escrow bank
Dubai Islamic Bank
Escrow account no.
001582270468801
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2018
  2. Handed over
    Q1 2023

Construction progress

76 inspection photos from the Dubai Land Department. Latest 01 May 2024 at 100% complete.

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Amenities

Physical features recorded on the Dubai Land Department buildings register.

Swimming Pool
Covered Parking
2 Elevators
8 Floors

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
177
Median price
AED 620K
Median price / sqft
AED 1K+21%
Off-plan share
62%

Priced 6% below than the Al Barsha South Fourth median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio114481 sqftAED 555KAED 1K
1 Bed48834 sqftAED 901KAED 1K
2 Bed151,377 sqftAED 1.3MAED 952

Price per sqft by year

+21% since 2022

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
10 Sept 2026Resale874 sqftAED 880KAED 1K
24 Aug 2026Resale494 sqftAED 630KAED 1K
21 Jul 2026Resale520 sqftAED 814KAED 2K
12 May 2026Resale493 sqftAED 665KAED 1K
20 Apr 2026Resale1,369 sqftAED 1.6MAED 1K
13 Apr 2026Resale493 sqftAED 625KAED 1K
13 Mar 2026Resale1,992 sqftAED 1.7MAED 864
12 Jan 2026Resale494 sqftAED 736KAED 1K

Unit mix

114 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Studio68420 - 633 sqft
1 B/R36508 - 1,272 sqft
2 B/R10974 - 2,012 sqft

Payment plan

Payment plans are set by Lootah Real and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Jumeirah Village Circle, Dubai.

Jumeirah Village Circle

Dubai, United Arab Emirates

Frequently asked questions

LOCI Residences has already been handed over (Q1 2023), according to Dubai Land Department records.

Other new projects in Jumeirah Village Circle

More off-plan launches around Jumeirah Village Circle.

Handover Q1 2023100% complete

LOCI Residences

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