Luxury living in Dubai’s prestigious Meydan district is about to get a new address. European developer Swank Development has announced its latest project, “Selora Residences,” an exclusive community of standalone villas with prices starting from a cool $2.5 million (AED 9.1 million). What can buyers expect from this high-end development promising serenity amidst the city’s buzz?
Swank Development, hailing from Portugal, is bringing its European design sensibilities to Dubai with Selora Residences, situated in the sought-after Mohammed Bin Rashid City (MBR City), specifically within the Meydan area. This new community will feature 30 meticulously designed standalone villas, ranging from four to six bedrooms. The developer emphasizes a focus on creating spaces that embody serenity, comfort, and sophisticated living.
Each villa in Selora Residences will boast spacious interiors, refined architectural details, and high-end finishes, promising a distinct character tailored for a modern lifestyle. Swank Development also highlights its commitment to sustainability, incorporating smart designs and solutions aimed at reducing energy and water consumption within the community.
Beyond the villas themselves, Selora Residences aims to provide a fully integrated living environment. Residents will have access to vast green spaces and a range of upscale amenities designed to enhance their contemporary lifestyle. These include a social clubhouse for community gatherings, an infinity pool for relaxation, a tranquil lake for peaceful moments, and padel courts for sports enthusiasts.
The location of Selora Residences is also a key highlight. Nestled in a prime spot within Meydan, the community offers residents easy access to Dubai’s major landmarks while providing a sense of privacy and tranquility, a welcome escape from the city’s fast pace. Swank Development emphasizes the project’s connectivity, noting its proximity to key areas.
Moustafa Elsaid, the Founder of Swank Development, stated that Selora Residences reflects the company’s dedication to crafting exceptional living spaces where luxury seamlessly blends with nature. He highlighted the stunning views, spacious interiors, and the unique sense of tranquility the development offers in the heart of Dubai.
Elsaid also underscored Swank Development’s commitment to shaping the future of Dubai’s real estate sector by continuously offering smart and fully-integrated communities built for modern living. He 1 believes Selora Residences represents a significant step in Dubai’s rapidly growing real estate landscape, attracting both investors and individuals seeking a refined and balanced lifestyle. As Dubai continues to establish itself as a global hub for architectural innovation and luxurious living, Selora Residences aims to meet the increasing demand for comfortable and high-end living spaces within the vibrant city.
The luxurious villas at Selora Residences start at AED 9.1 million (approximately $2.5 million). While specific details about the payment plans weren’t extensively outlined in the initial announcements, Swank Development has indicated a “15/35/50” payment structure for their broader “Swank Villas” project within MBR City, suggesting a similar approach might be available for Selora Residences. This typically involves an initial down payment, followed by installments during construction, and the final payment upon handover. The anticipated handover date for Swank’s broader villa offerings in MBR City is Q2 2026 or January 2027, which could provide a timeline for Selora Residences as well.
Summary:
- Swank Development has launched Selora Residences, a new luxury villa community in Dubai’s Meydan district.
- The project features 30 standalone villas with four to six bedrooms, starting at AED 9.1 million ($2.5 million).
- Selora Residences emphasizes spacious interiors, high-end finishes, sustainability, and a range of amenities including a clubhouse, infinity pool, and padel courts.
- The community boasts a prime location in Meydan, offering both tranquility and easy access to Dubai’s key landmarks.