“Lua Residences” project.
“Lua Residences” project. Image Credit: Lua Residences

Dubai: Swank Development unveiled its exceptional "Lua Residences" project, located in Mohammed bin Rashid City, Meydan. The project, with a total cost of over 320 million dirhams, was launched during a distinguished event attended by a group of VIPs and investors.

This project marks a new chapter for Swank Development and is its first project aligned with Dubai's vision to provide an exclusive lifestyle and an unparalleled living experience for everyone, according to a media release. "Lua Residences" is unique, offering a limited collection of 42 villas ranging from 4 to 6 bedrooms, integrating high-end interior designs to cater to the diverse needs of residents. It aims to provide a living experience that enhances quality of life and surpasses expectations.

The project is set in a strategic location that provides easy access to Dubai's most prominent landmarks while offering a tranquil haven away from the city's hustle and bustle. This gated community offers a multitude of amenities to cater to every resident, including vast open spaces, a crystal lagoon, sports facilities, a mosque, retail shops, supermarkets, schools, and medical clinics.

The allure of “Lua Residences” lies not only in its location but also in the exquisite finishing and smart layout of each villa, with meticulous attention to detail. Architecturally, the project exudes a refined European character that caters to all aspects of life. Each villa offers exclusive amenities that elevate the living experience, such as private pools, interior elevators, landscaped gardens, smart home technology, and sustainable practices, ensuring a healthy and luxurious lifestyle.

Moustafa Elsaid
Moustafa Elsaid, Managing Director and Board Member of Swank Development. Image Credit: 'Lua Residences'

Moustafa Elsaid, Managing Director and Board Member of Swank Development, stated: “As Dubai continues to thrive as one of the happiest and safest cities in the world, and with its remarkable ability to attract top investors from around the globe, we are witnessing a growing demand for high-end residential units. This has driven us to showcase our capabilities and expand residential development by launching a project that embodies the essence of luxury, elegance, and practicality in Dubai.”

Elsaid added that “Lua Residences” embodies the European ethos in shaping modern lifestyles that embrace luxury and refinement. Through this project, the company aims to establish a prominent position in the Emirati real estate market, attract more investors, and achieve remarkable success locally and regionally.

Elsaid concluded that Swank Development is aiming to expand its real estate portfolio by acquiring more land to develop future projects. The company is currently in the design and planning phase for its upcoming project, which will be announced soon.