Santorini - Loutraki

JVT

Santorini Residences by Loutraki is a 22-storey housing project in the heart of Jumeirah Village Triangle. The developer has organically combined the island aesthetics of Santorini with the architectural restraint of Dubai in its concept. As for Loutraki Real Estate, it's a subsidiary of Nucorp Constructions, a renowned Australian real estate group with a portfolio worth over 1 200 000 000 AED (325 000 000 $). Its experience and detail-oriented approach are evident in every element of Santorini Residences, from the geometrically precise frontages with a neutralised palette to the harmonious planting surroundings creating a sense of a private haven within a dynamic cityscape. Property at Santorini Residences by Loutraki comprises 165 studios and one- and two-bedroom apartments. The residences range in size from 370 sqft (34 m²) to 1,033 sqft (96 m²). The interiors are modern and elegant: spacious living rooms with panoramic windows and open-plan layouts, kitchens with Italian appliances and Spanish countertops, high-quality wooden furniture, soft LED lighting and functional storage spaces. The bedrooms are finished with Italian porcelain stoneware and equipped with built-in wardrobes. The bathrooms are styled in a minimalist manner with showers, branded sanitary ware and warm lighting. Every single finishing element is designed with comfort and visual lightness in mind. Apartments at Santorini Residences by Loutraki are offered for sale unfurnished. Starting prices for the project are competitive: from 790 000 AED (215 100 $) for a studio, from 1 023 000 AED (278 500 $) for a one-bedroom layout, and from 1 627 000 AED (443 000 $) for a two-bedroom option. You can buy property at Loutraki Santorini Residences on flexible interest-free payment terms: 20% on booking, 25% during construction, 7% upon key handover, and 48% within three years post-handover. The residential complex is scheduled for completion in Q1 2027. The complex's infrastructure is on par with a resort: a family pool with lounge areas, a children's pool, a water-view gym, a sauna, a playground, and a spacious lobby with 24-hour concierge service. The amenities at Loutraki Santorini Residences are surrounded by green gardens and sundecks where you can relax after a busy day. The location at District 2 within the Jumeirah Village Triangle adds to the promising future of the project. JVT is an established green area from Nakheel, known for its family atmosphere. The infrastructure here is well developed, with parks, sports courts, BBQ areas, supermarkets, cafes and services. Sunmarke School and Arcadia School are within walking distance and a short drive away. JVT is located between Al Khail Road and Mohammed Bin Zayed Road, providing quick access to popular emirate destinations. The Mall of the Emirates, Dubai Marina and JBR are about a 20-minute drive away, Palm Jumeirah is 25 minutes away, and Downtown Dubai and DXB Airport are about half an hour away. Due to its convenient location, property at JVT is suitable for both personal residence and rental business. The economic prospects of the area are quite high: according to the latest market data, the return on renting apartments at Jumeirah Village Triangle reaches 6-7% per annum, and over the past two years, the cost of housing here has risen by approximately 15-18%. The active development of transport hubs, the construction of Al Khail Avenue Mall and stable demand for family residences support price growth and occupancy rates. That is why apartments at Santorini Residences at JVT are a reliable and predictable investment tool.