55%complete
Planned handover2026-03-31
SourceDLD · daily
The road to keys — registry facts, our forecast
Registered start
2024-05-01
in the DLD registry
Today
55.2%
last inspected 2026-03-13
Pace forecast
Day 7 of 7
unlocks as daily tracking accrues
Planned handover
2026-03-31
173 days overdue — developer's official date
How Lua Residences compares
Similar off-plan projects in Wadi Al Safa 3 — compare progress, handover and developer.
Mira Villas designed by Bentley HomeM I R A DEVELOPMENTS L.L.C · Wadi Al Safa 3Active100%Handover 2026-12LIVING LEGENDS PHASE 6DAWN REAL ESTATE DEVELOPMENT L.L.C · Wadi Al Safa 3Active100%Handover 2026-07High Best TowerTRUE FUTURE REAL ESTATE DEVELOPMENT L.L.C · Wadi Al Safa 3Active91%Handover 2026-11The Woodland ResidencesA M I S REAL ESTATE DEVELOPMENT L.L.C · Wadi Al Safa 3Active75%Handover 2026-04
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Watch it rise — one frame per DLD inspection
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2024-03-11 · 0.0% complete
1 / 6
Building & unit mix — from DLD project records
—
Floors
37
Total units
—
Buildings
| Usage | Unit type | Units |
|---|---|---|
| Residential | 4 B/R | 14 |
| Residential | 5 B/R | 19 |
| Residential | 6 B/R | 4 |
Source: DLD project register — floors, buildings and the developer's registered unit mix.
Sale price history — 41 sales, median AED/sqft by year
+7% median price growth from 2024 to 2025 · 95% of sales were off-plan
2,1942,194 AED/sqft2024 · 26 sales
2,3372,337 AED/sqft2025 · 12 sales
20242025| Year | Median AED/sqft | Sales | Year-on-year | Since launch |
|---|---|---|---|---|
| 2024launch | 2,194 | 26 | — | — |
| 2025 | 2,337 | 12 | +7% | +7% |
Median AED/sqft of DLD-registered sales each year (years with 3+ sales); the earliest year on record approximates launch pricing. “Year-on-year” compares each year to the one before it, “since launch” to the first year. Source: Dubai Land Department transaction records.
Recent registered sales — individual DLD transactions, newest first
| Date | Beds | Size | Price | AED/sqft | Type |
|---|---|---|---|---|---|
| 2026-05-15 | 5 B/R | 4,282 sqft | AED 10.2M | 2,382 | Off-plan |
Source: DLD registered sale transactions. Floor and unit numbers aren’t published in the public transaction feed, so they’re not shown.
Construction photos — official DLD inspection uploads, newest first
2026-06-1655.2% at inspection· 10 photos
2025-12-0343.0% at inspection· 8 photos
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2025-06-1931.0% at inspection· 6 photos
2025-04-1619.3% at inspection· 6 photos
2024-12-215.3% at inspection· 4 photos
2024-03-110.0% at inspection· 3 photos
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Project facts
Developer
SWANK REAL ESTATE DEVELOPMENT L.L.C
Area
Wadi Al Safa 3
Master project
—
Project type
Normal
Start date
2024-05-01
Planned handover
2026-03-31
Last inspection
2026-03-13
Project value
AED 62.3M
Units
0
Villas
42
Buildings
0
DLD project number
2974
Registration & escrow — verify before you pay anyone
DLD / RERA project no.
2974
Registered with DLD
2024-05-16
Regulator
Dubai Municipality
Escrow account no.
3718467862003
Under Law 8 of 2007, off-plan payments for this project belong only in the escrow account above — a developer or agent directing your money anywhere else is a serious red flag. How escrow protects you →
Location — official site coordinates from DLD inspection records
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Wadi Al Safa 3 · See every project on the construction map →
Lua Residences: frequently asked questions — answers update daily from registry data
When will Lua Residences be handed over?
The developer's planned handover for Lua Residences is 2026-03-31; construction is currently 55% complete. Planned dates can move — track the project to be alerted the moment the official date changes.
How far along is construction on Lua Residences?
Lua Residences is 55.2% complete according to the Dubai Land Department's inspection of 2026-03-13.
Is Lua Residences delayed?
Lua Residences is 173 days past its planned handover of 2026-03-31 and still under construction. Most Dubai off-plan contracts include a grace period (often 6–12 months) beyond the anticipated date — see The Late List for how it compares.
Who is the developer of Lua Residences, and do they deliver on time?
Lua Residences is developed by SWANK REAL ESTATE DEVELOPMENT L.L.C. On our Developer Reliability Index they score 69/100 (C — Slipping), based on how much of their active portfolio is past its planned handover in the official registry.
Where is Lua Residences located?
Lua Residences is located in Wadi Al Safa 3, Dubai. See every project in the area, plus prices and rents, on the area page.
How many homes are in Lua Residences?
Lua Residences comprises 42 villas (normal), per the DLD registry.
Can I see real construction photos of Lua Residences?
Yes — this page carries 37 official construction photos taken during Dubai Land Department inspections, newest from 2026-06-16, plus a time-lapse of the build. These are government inspection uploads, not marketing renders.
Is my money safe if I buy in Lua Residences?
Payments for registered Dubai off-plan projects go into a project-specific escrow account under Law No. 8 of 2007; the developer can only draw funds against certified construction milestones.
Where should payments for Lua Residences go?
Only into the project's DLD-registered escrow account (no. 3718467862003). Under Law 8 of 2007 every off-plan payment must go to this account, where the developer can only draw funds as construction milestones are certified. Anyone directing payments elsewhere is a serious warning sign.
How do I get alerts when something changes on Lua Residences?
Use the free Track this project form on this page. We check the official registry every day and email you the moment Lua Residences's progress, status, or planned handover date changes.
Progress history — one row per official DLD snapshot
| Snapshot date | Status | Complete | Planned handover |
|---|---|---|---|
| 2026-08-04 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-05 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-06 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-08 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-09 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-10 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-11 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-12 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-13 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-14 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-15 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-16 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-17 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-18 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-19 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-20 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-21 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-22 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-23 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-24 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-25 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-26 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-27 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-28 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-29 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-30 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-08-31 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-01 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-02 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-03 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-04 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-05 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-06 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-07 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-08 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-09 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-10 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-11 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-12 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-13 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-14 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-15 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-16 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-17 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-18 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-19 | ACTIVE | 55.2% | 2026-03-31 |
| 2026-09-20 | ACTIVE | 55.2% | 2026-03-31 |
Don't check back — we'll tell you.Progress moves, dates slip, statuses change. One email the moment it happens.
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