Luxor by Imtiaz Jumeirah Village Circle Dubai

Luxor by Imtiaz is a 35-storey tower of about 320 fully furnished apartments in JVC District 14 — studios, 1 BHK and 2 BHK from roughly 338 to 1,295 sq ft. Current quoted entry is AED 755,000 (about Rs 1.94 crore); the original launch list ran from AED 662,000 for a studio, AED 985,500 for a 1 BHK and AED 1,348,679 for a 2 BHK.

Imtiaz Developments carries the strongest delivery record in this JVC group: more than 2,000 homes handed over, Pearl House II in JVC delivered three months early and Pearl House I two months early. The catch is the date. Completion is printed as Q3 2026 by most sources and Q2 2026 by one, both now upon us, and no source confirms the building has been handed over.

At a glance

Price and unit pricing

Two other figures are in print and neither is the launch list: one source quotes a current entry of AED 755,000 and another AED 676,000, while studio asks on the resale market run AED 750,000 to AED 900,000. So a studio that launched near AED 662,000 is now asked at AED 750,000 and up — 13% to 36% above launch, which is what a nearly finished furnished tower does to its own early prices.

By unit type the picture reverses. The studio at AED 755,000 over about 398 sq ft is roughly AED 1,897 per sq ft, about 40% above JVC's ready-market average of AED 1,337. The 1 BHK and 2 BHK at launch prices are about AED 1,272 and AED 1,305 per sq ft, at or below that average. If the larger units are still near list, they are the better value in this building by a wide margin.

Payment plan and total cost

The published plan is 20% on booking, 40% through construction and 40% at handover, with the construction instalments dated across 2023 to 2025 — the schedule of a project launched three years ago. A buyer entering now is close to the handover payment, so expect most of the price to fall due at once. Confirm what remains on the specific unit.

Add the DLD's Oqood registration and trustee admin fees. JVC service charges run AED 10 to AED 22 per sq ft a year on the 2026 community guides, so a 398 sq ft studio should budget AED 4,000 to AED 8,800 — a 35-storey tower with a rooftop pool, sky garden and cinema sits at the upper end. There is no annual property tax, and a residential sale does not attract VAT. Furnished units carry a replacement cycle no brochure prices.

Location and connectivity

District 14 sits in the eastern half of JVC, close to the Al Khail Road (E44) side, with Sheikh Mohammed bin Zayed Road (E311) and Hessa Street (D61) completing the access. Circle Mall is inside the community, Mall of the Emirates is a 10 to 15 minute drive, and Dubai Marina, Internet City and Downtown Dubai are each about 20 minutes.

JVC has no Dubai Metro station. The nearest Red Line station is Mall of the Emirates, about 15 minutes away with the J01 feeder bus, and published plans put a JVC station on the Blue Line around 2029. At 35 storeys this is one of the taller buildings in a district of mid-rises, so upper floors hold their view. Compare the community on all Dubai projects we track, or browse projects.

Amenities and specifications

This is the best-documented specification in this JVC set. Apartments are delivered fully furnished with BOSCH appliances, GROHE fittings including purified and sparkling drinking water, Italian Fondovalle tiles, ISVEA sanitaryware, Alexa-based smart home control and a 65-inch Samsung television. Shared amenities include a rooftop pool, a sky garden, a sauna, a gym, a barbecue area, a cinema room, a club room and a business centre.

Named brands are checkable, which is why they are worth printing. Ask for the fit-out schedule as an SPA annexure so they are contractual rather than promotional.

About the developer

Imtiaz reports more than 2,000 homes handed over and a practice of early delivery: Pearl House II in JVC three months ahead of schedule, Pearl House I two months before it, and Hyde Walk in Jumeirah Garden City as its fifth delivery in one year. In JVC it has also completed Westwood Grande and Westwood Grande II, and on Dubai Islands it delivered Beach Walk, the first completed residential building there.

The pipeline is large — more than 40 active projects and a development book it puts above AED 10 billion — and scale is where delivery records usually break. On the evidence so far this one has not. Against the young developer behind Floarea Skies, or the finished building at Lootah Shamal Waves, Imtiaz has the longest handover history here.

For Indian buyers

JVC is designated freehold, so an Indian national can own here outright, with the title deed issued by the Dubai Land Department in their own name. No residency requirement, no local partner.

Funds leave India under the Reserve Bank of India's Liberalised Remittance Scheme, capped at USD 250,000 per person per financial year. The studio at about USD 206,000 fits inside one allowance; the 2 BHK at roughly USD 367,000 needs two, or one plus a UAE mortgage. A near-complete building is easier to remit for than a four-year plan, since the money moves once or twice rather than across five financial years.

Nothing published here reaches the AED 2 million Golden Visa threshold, so treat this as a yield or end-use purchase. JVC recorded a 7.43% gross yield in Q2 2026. A furnished studio at AED 755,000 let at AED 50,000 to AED 55,000 is about 6.6% to 7.3% gross, nearer 6% after service charges; furnished lets earn a premium but carry higher turnover and replacement costs. There is no UAE property tax and no VAT on a residential purchase; the rent is taxable in India for an Indian resident.

Pros

• Imtiaz has handed over more than 2,000 homes and delivered Pearl House I and II in JVC ahead of schedule
• Fully furnished with named brands — BOSCH, GROHE, Fondovalle, ISVEA, Samsung — writable into the SPA
• 1 BHK and 2 BHK launch prices, about AED 1,272 and AED 1,305 per sq ft, sit at or below the JVC average
• Construction is at the snagging and final fit-out stage, so the waiting risk is small
• Studios have moved 13% to 36% above launch price, evidence the building sells

Cons

• Two completion dates in print, Q2 2026 and Q3 2026, and no source confirms handover
• The studio at about AED 1,897 per sq ft is roughly 40% above JVC's AED 1,337 average
• Entry quoted at AED 755,000 and AED 676,000 by different sources, against a AED 662,000 launch list
• A 35-storey tower with rooftop pool, cinema and sky garden points to a top-of-range service charge
• No source publishes the DLD project number or names the escrow bank

Who this is for

• Buyers who want a nearly finished home from the developer with the longest handover record here
• Anyone who can still buy a 1 BHK or 2 BHK near the launch list

Who should look elsewhere

• Studio buyers focused on price per sq ft — 40% above the district for furniture
• Golden Visa buyers; nothing here reaches AED 2 million
• Anyone who will not get a written completion date first

Our verdict

Luxor is the safest developer bet in this JVC group and the most confusing on price. Imtiaz delivers, and it has delivered early in this exact community more than once, which is worth a premium where half the towers are sold by companies with one or two completions to their name. The specification is named brand by brand rather than in adjectives, and that is checkable.

But the studio has been repriced by the market and now costs about 40% more per square foot than JVC stock generally, while the 1 BHK and 2 BHK at launch figures look like the real value here. Ask which units are left at list, then get the completion date in writing: both quarters in print have arrived and no source says the keys have been handed over.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Luxor by Imtiaz?

The current quoted entry is AED 755,000 (about Rs 1.94 crore), with another source quoting AED 676,000. The original launch list was AED 662,000 for a studio, AED 985,500 for a 1 BHK and AED 1,348,679 for a 2 BHK. Studio resale asks now run AED 750,000 to AED 900,000.

What is the payment plan?

20% on booking, 40% during construction and 40% at handover. The construction instalments were dated across 2023 to 2025, so a buyer entering now faces mostly the handover payment. On AED 755,000 the full stack is AED 151,000, AED 302,000 and AED 302,000, plus AED 30,200 for the 4% DLD transfer fee.

When is the handover?

Most sources print Q3 2026 and one prints Q2 2026. The contractor describes snag management ahead of handover, so the building is in its final stage, but no source confirms keys have been handed over. Get the SPA completion date in writing and check DLD construction progress on the Dubai REST app.

Are the apartments furnished?

Yes, fully furnished with BOSCH appliances, GROHE fittings including purified and sparkling drinking water, Italian Fondovalle tiles, ISVEA sanitaryware, Alexa smart home control and a 65-inch Samsung television. Ask for the fit-out schedule as an SPA annexure.

Is it registered with the Dubai Land Department?

It is sold as a DLD-registered project, but no source checked prints the project number or names the escrow bank. Verify both on the Dubai REST app.

Does it qualify for a Golden Visa, and can an Indian buyer purchase here?

JVC is freehold and any nationality can own here, title deed in your own name, with no residency requirement. Nothing published in this building reaches the AED 2 million Golden Visa threshold. The studio at about USD 206,000 fits inside one LRS allowance of USD 250,000 per person per financial year.

Talk to Realty Hunting for units still at list price and a completion date.

Compare with other Dubai projects

Also in Jumeirah Village Circle: Livel Residenza (from AED 750,000, handover 2026), Aria By Grovy (from AED 740,000, ready), 77 Boulevard (from AED 777,000, handover 2026) and Concept 7 Residences (from AED 784 K, ready). See every Jumeirah Village Circle project with prices and handover dates.

More by Imtiaz: Cove by Imtiaz (from AED 630,000, handover 2027), Cove Edition 2 (from AED 600,000, handover 2026) and Pearl House 2 By Imtiaz (from AED 556,500, ready).

A similar budget elsewhere in Dubai: Weybridge Gardens 5 (from AED 756.78 K, handover 2027), Binghatti Haven (from AED 750,000, off-plan) and Samana Barari Views (from AED 749,000, handover 2027).

Read next: Apartments for Sale in JVC, Dubai: Prices and Yields · Imtiaz Developments Projects in Dubai: Prices and Handover Record · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · Property in Dubai Under AED 1 Million: What It Buys. Every Dubai project we track is listed on the Dubai section.