Excitement is building up ahead of Microsoft's #MoreLumia event on Nov. 11, and more details have now surfaced regarding the purported Lumia 535.

Ever since Microsoft completed its acquisition of Nokia's device unit, many have been wondering what will come of the Lumia line of Windows Phone devices. After rebranding Nokia pages all over the Internet and announcing that the brand name will change from "Nokia Lumia" to "Microsoft Lumia," the first device(s) will become official on Tuesday, Nov. 11.

Microsoft is rumored to have two new Lumia devices in the pipeline, ready to debut at its event. A smaller Lumia 535 should come as a low-end smartphone, while a low-to-mid-range Lumia 1330 should arrive as the successor to the Nokia Lumia 1320 phablet.

Just the other day, we reported that an unannounced Lumia phablet leaked online, believed to be the successor to the Lumia 1320. As Microsoft's event is edging closer, more details have now surfaced regarding the purported Lumia 535 as well.

Based on rumors, leaks and speculation so far, the Lumia 535 is expected to come as a low-end device at a budget-friendly price point. In terms of specifications, the handset will reportedly sport a 5-inch qHD display, a Qualcomm Snapdragon 200 processor clocked at 1.2GHz, 1GB of RAM, a 5-megapixel rear camera, and a VGA front shooter. The device is further rumored to pack 8GB of internal storage capacity and a 1,900 mAh battery to keep things up and running. The Lumia 535 will reportedly have dual-SIM support and come in a colorful range of options, with black, white, gray, blue, orange and green paint jobs.

The information comes from an exclusive WMPowerUser report, which also offers several images of a Microsoft Lumia 535 dummy unit. This means that the images don't show an actual working device, but give us a pretty good idea of what the Lumia 535 may look like when it makes its official debut.

It's all in the rumor state for now, however, so it is highly recommended to take everything with a grain of salt until the official announcement. With Microsoft's #MoreLumia event just around the corner, we'll soon get the real scoop straight from the source.