Where is Santorini Residences by Loutraki situated?

Santorini Residences by Loutraki are situated within Jumeirah Village Triangle (JVT) in Dubai, adjacent to Al Khail Road and Sheikh Mohammed Bin Zayed Road.

What types of properties are featured at Santorini Residences by Loutraki?

The properties at Loutraki Santorini Residences include studios, one-bedroom and two-bedroom apartments; this is a compact and sought-after range of formats that are suitable for both personal residence and rental.

What is the starting price for apartments at Santorini Residences by Loutraki?

The starting price for apartments at Loutraki Santorini Residences is AED 790,000 ($215,100) for a studio, which makes the project competitive compared to similar offers among the property in Dubai.

What is the payment plan for buying property at Santorini Residences by Loutraki?

The developer offers a flexible payment plan for buying property at Santorini Residences at JVT: 20% at booking, 25% during construction, 7% upon key delivery and the remaining 48% within three years post-handover.

When will the construction of Santorini Residences by Loutraki be completed?

The construction of property at Santorini Residences by Loutraki will be completed in Q1 2027.

Are there any malls close to Santorini Residences by Loutraki?

Circle Mall and City Centre Me'aisem are located close to this residential property at JVT, while Mall of the Emirates is approximately a 30-minute drive away.

Santorini Residences by Loutraki at Jumeirah Village Triangle (JVT)

Santorini Residences is a 22-storey residential complex at Jumeirah Village Triangle. The developer is Loutraki Real Estate, which is part of the Australian group Nucorp Constructions with over 20 years of experience.

The architecture of the complex is inspired by the aesthetics of the Santorini islands and reinforced by ergonomic layouts for comfortable urban living.

Properties at Santorini Residences by Loutraki include a collection of 165 studios and 1- and 2-bedroom apartments. Sizes range from 370 sqft (34 m²) to 1033 sqft (96 m²), providing options for both individual living and family scenarios.

The interiors are designed in an elegant style: spacious, light-filled open-plan living rooms, fully equipped kitchens with Italian appliances, Spanish countertops, wooden cabinets and soft LED illumination.

The bedrooms are designed with Italian porcelain stoneware and equipped with built-in wardrobes. The bathrooms are fitted with showers, branded sanitary ware and compact storage systems.

The complex has a swimming pool with lounges and sun terraces, a gym and a sauna. There is a playground and a dedicated swimming pool for children. Residents are welcomed by a stylish lobby with 24-hour concierge service. The courtyard area is landscaped and complemented by recreational areas.

The flexible payment plan is available for buying property at Loutraki Santorini Residences, with the option of post-handover: 20% on booking, 25% during construction, 7% upon completion, and 48% within the next three years. Construction will be finished in Q1 2027.

Renders may look slightly different than real life photos

Studio

1-Bedroom

2-Bedroom

Jumeirah Village Triangle is one of the key residential areas of ‘New Dubai.’ It is located between Sheikh Mohammed Bin Zayed Road and Al Khail Road. The area borders Jumeirah Village Circle, Dubai Sports City and Al Barsha, while remaining a quieter, family-friendly alternative to the densely populated central clusters. This is Nakheel's project consisting of nine districts. Property at JVT comprises villas, townhouses and residential complexes with apartments.

Transport accessibility is one of the area's strongest assets. With exits to the E311, E44 and Hessa Street, it takes about 20 minutes to get to Dubai Marina and JBR, about 25 minutes to Business Bay and Downtown Dubai, and around 30 minutes to Dubai International Airport. Public transport is provided by bus routes. The nearest metro stations are a 15-minute drive away in Dubai Internet City and Jumeirah Lakes Towers.

Another particular feature of Jumeirah Village Triangle is the abundance of greenery and open spaces. Dozens of parks, walking and running tracks, cycle paths, tennis and basketball courts, football pitches, playgrounds and even dog parks are spread throughout the area. Such zoning encourages residents to be active and creates a feeling of a ‘small town within a city,’ where the nearest green area is just a few minutes' walk away.

Sunmarke School, Arcadia School, and Jumeirah International Nursery are located at JVT and in the immediate vicinity. Medical care is available at Mediclinic Springs, as well as at Al Zahra Hospital and Saudi German Hospital in neighbouring Al Barsha, which can be reached by car in 15-20 minutes. You can do your everyday purchases at supermarkets or local retailers, while for larger shopping trips, head to Circle Mall in JVC, City Centre Me'aisem or Mall of the Emirates, which are on average a 20-minute drive away. For leisure and entertainment, Dubai Marina and JBR with their beaches and restaurants are close at hand, as are Dubai Miracle Garden and Dubai Autodrome in neighbouring Dubailand. This wide range of amenities makes JVT a great choice for those looking to buy property in Dubai and live in an eco-friendly area close to tourist and business hubs.

The economic appeal of buying an apartment at Santorini Residences at JVT is due to the fortunate balance of the project format, location and product quality. The residential stock consists of studios and compact apartments — these are the very types of property at Jumeirah Village Triangle that demonstrate some of the highest returns. According to market reviews, rents in the area have increased by more than 20% in 2024. The gross yield on studios and one-bedroom residences reaches 9% per annum, averaging between 6% and 9% depending on the project's features and level of finish. Against this backdrop, the compact layouts of Loutraki Santorini Residences appear to be the most operational format: they are easier to rent out, and the total rental cost remains affordable for a wide range of tenants.

An additional investment factor is the high level of finishing: Italian appliances, Spanish countertops, high-quality tiles and well-designed lighting allow the apartments at Loutraki Santorini Residences to be positioned at a premium price in the middle segment of the area, without entering the niche of expensive brands. For investors, this is an opportunity to occupy a place where demand is consistently high and competition in terms of product quality is not yet so fierce.

The limited number of residential units in the project reduces internal competition between owners and helps to maintain rental rates. Taken together, this makes the property at Santorini Residences at JVT a strong candidate for those looking for a property with transparent returns in a growing but already established area.