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Swank Development
Established
Country of origin
Global presence
2023
Portugal
UAE, Portugal
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About the developer
Swank Development is a Portugal-based developer headquartered in Lisbon. Recently, the company expanded its operations to the UAE, including Dubai. Swank Development positions itself as a bridge between European heritage and the UAE, striving to infuse its projects with the vibrant traditions, hospitality, and zest for life characteristic of Portuguese culture. The company specializes in creating unique residential spaces that balance style and functionality. Swank Development has announced its first project in Dubai, with a total investment exceeding AED 320 million.

The developer is renowned for its meticulous attention to detail and commitment to delivering exceptional comfort for residents. Using high-quality materials and cutting-edge technologies, including eco-friendly solutions, each project embodies individuality and artistry. A key feature of Swank Development’s offerings is the ability for residents to customize their home designs, creating spaces that reflect their personal preferences. In addition to construction, the company provides interior design services and property management solutions.
Top projects
UAE
Lua Residences
A premium residential complex located in the gated District 11 community in Dubai. The project comprises 2-story villas with 4 to 6 bedrooms, ranging from 3,336 to 4,843 square feet. Each unit features fully furnished kitchens, smart home systems, private pools, landscaped gardens, and garages. Amenities include jogging and cycling tracks, children’s play areas, BBQ zones, a clubhouse lounge, and landscaped gardens.
FAQ
Swank Development has delivered flagship projects in Portugal, including Lisbon Heights and Algarve Bay Residences. Recently, the company launched its first residential project in Dubai, Lua Residences.
According to Law No. (6) of 2019 Concerning Ownership of Jointly Owned Real Property in the Emirate of Dubai, the developer provides a 1-year warranty on interior finishes.
Yes, the developer shares photo updates of the construction stages on the official Dubai Land Department portal. Also, detailed progress information is on the property’s page on TrendAgent.
For an investor, the minimum investment amount is 750,000 AED. If the ownership of real estate is registered for spouses, the investment is 1,000,000 AED.

An investor can include a spouse and children under 18 in the application.

The validity period of the visa depends on the total amount of the investment:
2-year visa — from 750,000 AED
10-year visa — from 2,000,000 AED
Yes, documents can be signed remotely. After the down payment is made, the original documents will be sent to the buyer at the residential address.