About Lua Residences
Lua Residences is a residential villa community by Swank Real Estate Development, in Wadi Al Safa 3, Dubai. The community comprises 37 homes.
Key information
Developer
Swank Real Estate Development
- Handover
- Q1 2026
- Status
- Handed over
- Location
- Wadi Al Safa 3, Dubai
- Master project
- Mohammed Bin Rashid AL Maktoum District 11
- Construction started
- 2024
- Number of buildings
- —
- Number of units
- 37
- Villas
- 37
- Registered with DLD
- 16 May 2024
- Escrow bank
- Emirates Islamic Bank
- Escrow account no.
- 3718467862003
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Handed overQ1 2026
Construction progress
37 inspection photos from the Dubai Land Department. Latest 16 Jun 2026 at 55% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Covered Parking
3 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
39
Median price
AED 8.9M
Median price / sqft
AED 2K+16%
Off-plan share
100%
Priced 61% above than the Wadi Al Safa 3 median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 4 Bed | 15 | 2,772 sqft | AED 6.3M | AED 2K |
| 5 Bed | 20 | 4,398 sqft | AED 8.8M | AED 2K |
| 6 Bed | 4 | 7,417 sqft | AED 13.0M | AED 2K |
Price per sqft by year
+16% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 18 May 2026 | Off-plan | 4,282 sqft | AED 10.2M | AED 2K |
| 23 Jun 2025 | Off-plan | 3,541 sqft | AED 6.3M | AED 2K |
| 18 Apr 2025 | Off-plan | 3,541 sqft | AED 6.4M | AED 2K |
| 27 Feb 2025 | Off-plan | 4,591 sqft | AED 9.4M | AED 2K |
| 25 Feb 2025 | Off-plan | 2,659 sqft | AED 6.3M | AED 2K |
| 25 Feb 2025 | Off-plan | 2,659 sqft | AED 6.3M | AED 2K |
| 25 Feb 2025 | Off-plan | 2,659 sqft | AED 6.3M | AED 2K |
| 25 Feb 2025 | Off-plan | 4,834 sqft | AED 9.5M | AED 2K |
Unit mix
37 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 4 B/R | 14 | - |
| 5 B/R | 19 | - |
| 6 B/R | 4 | - |
Payment plan
Payment plans are set by Swank 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 planLocation
Approximate location in Wadi Al Safa 3, Dubai.
Wadi Al Safa 3
Dubai, United Arab Emirates
Frequently asked questions
Lua Residences has already been handed over (Q1 2026), according to Dubai Land Department records.
