Lumia Residence New Capital Compound significantly advances Egypt’s real estate development sector. Located in the thriving New Administrative Capital, this project offers residents a blend of modern living and strategic location benefits. Its unique design and expansive layout cater to diverse lifestyles and preferences.
Overview of Lumia Residence New Capital
Lumia Residence New Capital intends to offer a luxurious living experience in a strategically located and well-planned environment. The compound features modern amenities, ample green spaces, and a focus on security, making it an attractive choice for residents.
Strategic Location and Accessibility
Lumia Residence is situated in the New Administrative Capital of Egypt, a rapidly developing area known for its strategic significance. The compound is easily accessible via major roadways, connecting residents to Cairo and other key locations in the MENA region.
Proximity to vital landmarks, such as government offices, business districts, and educational institutions, enhances its appeal. The compound’s location benefits from ongoing infrastructure developments, including new transportation options that improve connectivity.
Master Plan and Design
The master plan for Lumia Residence emphasizes sustainability and modernity. Spanning 36 acres, the layout includes various housing options, ranging from apartments to duplexes, tailored to different lifestyles and family sizes.
The architectural design showcases contemporary aesthetics, integrating natural elements to create a harmonious living environment. Green spaces, landscaped gardens, and artificial lakes are prevalent throughout the compound, enhancing the overall landscape and offering residents a tranquil atmosphere.
Luxury Amenities and Facilities
Lumia Residence has numerous luxury amenities to enhance residents’ quality of life. These facilities include state-of-the-art fitness centers, swimming pools, children’s play areas, and dedicated spaces for recreational activities.
Security is a top priority, with 24/7 surveillance and controlled access points ensuring a safe living environment. Additionally, the compound features retail areas and communal spaces that foster a sense of community among residents, making Lumia Residence a comprehensive living solution.
Residential Units and Investment Options
Lumia Residence offers diverse residential units catering to various preferences and investment strategies. This section details the specifications of apartments and duplexes, examines their investment potential, and provides a comparative market analysis.
Apartment and Duplex Specifications
Lumia Residence features various residential unit types, including apartments and duplexes. Apartments range in size, starting from 115 square meters, with prices beginning around 2,500,000 EGP. Duplexes are larger, typically 235 square meters, and start at 5,000,000 EGP.
Amenities include modern designs, premium finishes, and views of the surrounding landscape. There are options for penthouses and units with access to gardens and lagoons. The community infrastructure provides essential services, creating a livable environment for residents.
Investment Potential and Returns
Investing in Lumia Residence appeals to those seeking immediate returns and long-term value. The strategic location within Egypt’s New Capital enhances its attractiveness.
The area is developing rapidly, positioning it as a lucrative investment hub. Property value growth is anticipated due to ongoing urban development and governmental support. Average returns on investment in similar projects can range from 8% to 12% annually, providing a solid forecast for potential investors.
Comparative Market Analysis
Compared to other residential compounds in the New Administrative Capital, Lumia Residence stands out for its pricing and variety. Units in Lumia are priced competitively, often lower than comparable projects in the same area.
Investors can evaluate the market by considering:
- Price per square meter compared to similar compounds.
- Amenities are offered, including sports facilities and community features.
- Development timeline and future growth forecasts.
While market conditions fluctuate, Lumia Residence provides a strategic option for those interested in investing in Egypt’s growing real estate market.
Payment Plans and Financial Information
Lumia Residence New Capital Compound offers a variety of pricing structures and flexible payment options designed to accommodate potential buyers. Understanding these financial details is crucial for making informed investment decisions.
Pricing Structure
The pricing for units in the Lumia Residence Compound is competitive and varies based on size and type. For example:
- 3-bedroom apartments (145 m²): Starting at 5,254,000 EGP
- 4-bedroom apartments (195 m²): Starting at 5,460,000 EGP
- Duplexes (starting at 230 m²): Beginning at 10,614,000 EGP
Residents can benefit from discounts, such as a 35% discount for cash payments. This range provides options for different budgets, ensuring accessibility for a broader audience.
Installment and Down Payment Options
Lumia Residence facilitates purchases through flexible payment plans. The options include:
- 10% Down Payment: This initial payment is required to secure the unit.
- Installment Plans: Buyers can opt for installments spread across 7 to 10 years, allowing manageable monthly payments.
A maintenance fee of 10% is also applicable, ensuring the property’s upkeep. This structure helps clients invest confidently while managing their financial commitments effectively.
Booking and Contact Information
Potential buyers can reach out directly to the developer or authorized agents to commence the booking process for a unit in Lumia Residence. Interested parties should gather necessary financial information, including:
- Identification Documents
- Proof of Income
Potential buyers can contact Dubai Development, the real estate company behind the project, for inquiries. Websites and customer service lines provide additional guidance for booking procedures, ensuring a seamless experience securing a unit in this sought-after compound.
Lifestyle and Community Features
Lumia Residence New Capital Compound offers a vibrant lifestyle focused on wellness and community engagement. Residents can enjoy various amenities that foster health, recreation, and social interaction while ensuring a secure living environment.
Recreational and Wellness Amenities
The compound features a variety of recreational and wellness amenities tailored to cater to diverse interests. A fully equipped gym allows residents to maintain their fitness routines. Following workouts, they can unwind in the sauna or jacuzzi, promoting relaxation and stress relief.
Multiple swimming pools are available for leisure and exercise for aquatic enthusiasts. Additionally, sports facilities cater to various activities, including tennis and basketball courts, fostering a sense of community through practice and competition. Including landscaped areas and garden spaces encourages outdoor activities and social gatherings.
Social and Community Engagement
Lumia Residence emphasizes social connections through various community engagement opportunities. Organized events and activities encourage interaction among residents, fostering a friendly atmosphere.
Facilities like a clubhouse serve as a hub for socializing, hosting events, and participating in recreational activities. Spaces for children, including playgrounds, ensure families enjoy a balanced lifestyle. The incorporation of areas for arts and crafts also provides avenues for creative expression.
The blend of activities and facilities promotes a tight-knit community where residents are encouraged to participate and collaborate.
Security and Safety Innovations
The security of Lumia Residence is a top priority, as it incorporates modern technologies and trained personnel. A dedicated security team is on-site 24/7, providing peace of mind to residents. Comprehensive surveillance systems monitor the premises, ensuring safety and quick response to incidents.
Fire safety is a key focus, with firefighting equipment and trained personnel ready to act in emergencies. Integrating smart technology enhances security measures with features allowing residents to monitor their homes remotely. This commitment to safety and security significantly contributes to a comfortable living environment in the compound.
Connectivity and Nearby Landmarks
Lumia Residence in the New Administrative Capital offers an advantageous position, linking residents to essential services and transportation networks. The compound is located near various important landmarks and facilities, ensuring convenience and accessibility.
Proximity to Essential Services
Lumia Residence is located near several vital amenities that enhance the living experience.
- Medical Facilities: A modern medical center is within easy reach, providing necessary healthcare services to residents.
- Educational Institutions: Various schools and universities are nearby, catering to different educational needs.
- Commercial Options: A large commercial mall nearby offers shopping, dining, and entertainment choices, which enrich daily life for families and individuals.
- Recreational Spaces: Central Park contributes to leisure activities, with ample space for outdoor enjoyment and social gatherings.
This availability of essential services encourages a vibrant and fulfilling lifestyle.
Access to Transportation Networks
Accessibility is a hallmark of Lumia Residence, which has well-established transportation options.
- Monorail Train Station: The nearby monorail station enhances connectivity, facilitating easy travel to various parts of the New Capital and beyond.
- Road Links: Major roads connect residents quickly to other areas of Cairo, emphasizing the area’s strategic position.
- Capital International Airport: The proximity to the airport is ideal for travelers, providing convenient access to domestic and international flights.
These transportation networks ensure that residents can efficiently navigate their immediate surroundings and the broader region.
Frequently Asked Questions
This section addresses common inquiries about Lumia Residence New Capital Compound, covering rental rates, property prices, available amenities, and the developer’s background. Each query provides insights into aspects that potential residents or investors may find helpful.
What are the current rental rates for properties in Lumia Residence?
Current rental rates in Lumia Residence vary based on property type and size. Typically, one-bedroom units may start at a competitive monthly rate, while larger apartments can offer higher prices. Market trends indicate a steady demand for rentals in the New Administrative Capital.
How do the prices for homes in Lumia Residence compare to other New Administrative Capital properties?
Pricing for homes in Lumia Residence is generally on par with similar properties in the New Administrative Capital. These prices reflect the quality of construction and design offered by Dubai Developments, making them a compelling alternative in the residential market.
Are there properties for sale in Lumia Residence, and what are their price ranges?
Yes, properties are available for sale in Lumia Residence. Price ranges typically span from more affordable options for smaller apartments to premium prices for larger luxury units. The diversity in options caters to various buyer needs and investment strategies.
What amenities and features does Lumia Residence offer to residents?
Lumia Residence boasts a range of amenities designed for comfort and leisure. Facilities often include swimming pools, fitness centers, landscaped gardens, and around-the-clock security. These features enhance the living experience by ensuring safety and providing recreational spaces.
Can you provide an overview of the developer Dubai Developments’ presence in Egypt?
Dubai Developments has established a notable presence in Egypt’s real estate market. With a portfolio that includes numerous successful projects, the company focuses on creating integrated communities. Their experience in the region appears in the quality and design of projects like Lumia Residence.
What are the unique selling points of Lumia Residence within the New Administrative Capital?
Lumia Residence stands out due to its prime location and innovative design. It offers a luxury and modern living blend that appeals to a wide audience. The commitment to a safe and upscale environment aligns well with the vision for the New Administrative Capital as a premier living destination.
