New Dh320 million villa project launched in Meydan

Swank Development unveiled the Lua Residences project in Mohammed bin Rashid City, Meydan. The project is expected to cost more than Dh320 million.

Swank’s first project aligns with Dubai’s overall real estate vision. Lua Residences has a limited collection of 42 villas ranging from 4 to 6 bedrooms that feature high-end interior designs to meet the diverse needs of residents.

The project is located in a prime location, with easy access to Dubai’s most notable landmarks. This gated community provides a variety of external amenities, including vast open spaces, a crystal lagoon, sports facilities, a mosque, retail shops, supermarkets, schools, and medical clinics.

Each villa unit will include a variety of exclusive amenities that enhance the living experience, such as private pools, interior elevators, landscaped gardens, and innovative solutions like smart home technology and sustainable practices.

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 capacities and expand residential development by launching a project that embodies the essence of luxury, elegance, and practicality in Dubai.

Through this project, the company hopes to establish a prominent position in the Emirati real estate market, attracting more investors and achieving success both locally and regionally.

Elsaid concluded that Swank Development intends to expand its real estate portfolio by acquiring additional land to develop future projects and that it is currently in the design and planning stages for an upcoming project that will be announced soon.