Lumia crown hotel New Capital City

Lumia Crown Hotel New Capital City: furnished hotel studios in R8

Lumia Crown Hotel New Capital City is a hotel apartments project by Dubai Misr in R8. The units recorded with us from the developer are studios of 43 to 50 m², finished and furnished with appliances and air conditioning, from EGP 3,315,000 to 4,050,000, with 10% down over 10 years and handover in October 2030.

What is a hotel apartment?

A hotel apartment is a unit you own inside a building run like a hotel: reception, room service, maintenance and cleaning. It suits someone who wants to live without worrying about upkeep, or an investor who wants a unit let by the night or month. But hotel management has its own terms and fees, so ask about them before buying.

Where is Lumia Crown Hotel?

Where is Lumia Crown Hotel located? In R8 in the New Capital. According to the project's details it is close to the government district, the diplomatic district, the Green River, the presidential palace, the sports city, Al Fattah Al Aleem Mosque and the New Capital airport, reached from the Southern Bin Zayed Axis, Suez Road, the Middle Ring Road and the El Amal Axis. It is also near Al Maqsad and Midtown Sky. The exact spot is not yet pinned on our map, so ask the developer about the plot.

Unit types and prices in Lumia Crown

What unit types are available in Lumia Crown Hotel? Recorded with us:

• Studio, 43 to 50 m²: finished and furnished, EGP 3,315,000 to 4,050,000, or about 77,100 per m² for the smallest.

A studio is one room with a kitchenette and bathroom, furnished with appliances and air conditioning according to the project's details, so there is no finishing or furniture to pay for after handover.

Lumia Crown Hotel prices and payment plans

What is the payment plan in Lumia Crown? 10% down with the rest over 10 years. The cheapest studio needs about EGP 331,500 down and about 24,900 a month if the balance is split evenly over 120 months. The dearest, EGP 4,050,000, needs about 405,000 down and about 30,400 a month. These instalments are approximate, so ask for the official schedule in writing.

Compare with other New Capital studios

For comparison, the cheapest studio per metre in other New Capital projects: Canyon8 about 67,100, Serrano about 73,400, Ray Residence about 75,600 and Rivan about 78,200. Lumia Crown sits in the middle per metre, but its studio is furnished and hotel-managed, so add the cost of furniture to the others when comparing.

To live in or to invest?

To live in, a studio suits someone living alone and working in the government district or around the New Capital. To invest, ask about the rental arrangement: does the hotel let the unit and share the income with you, or do you let it yourself, and on what split? Remember that rent will not start before handover in 2030, so you will pay instalments first with no income. We will not quote an expected return without real figures.

Who is Lumia Crown for?

Someone working in the government district

A furnished studio close to work.

An investor on a small budget

About EGP 331,500 down.

Services in Lumia Crown Hotel

According to the project's details: 24/7 security and cameras, maintenance and cleaning, parking, guest reception, room service and green areas. See the amenities section for what is recorded.

About Dubai Misr

According to the project's details, Dubai Misr started in 1997 and delivered more than 140 projects in the East Delta before moving into the New Capital. It also has Lumia Mall in R7.

Buying a hotel apartment safely

• Contract: read the handover date, the penalty for delay and the list of furniture and appliances.
• Management contract: find out who will run the hotel, the management fee, and when you can stay in your unit.
• Payment schedule: get it in writing, including the down payment, instalments and maintenance deposit.

Your next step

Look at the units under available units, and read the FAQs. If you want a studio in Lumia Crown Hotel, message Masharf on WhatsApp from the button on this page with your budget, and we will send you what is available and the payment schedule.