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2-bed · 1,260 sqftLuma 22 - West Tower, Jumeirah Village Circle (JVC) · 1st floor · completed 2024

161, Luma 22 - West Tower

Sold prices and rental history: sold once, by the developer in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 161 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 1.88M8 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 161, Luma 22 - West Tower

What is 161 worth today?

Last sold for AED 1,884,781 in 2024

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8 Oct 2024Sold by developerReady
AED 1,884,781AED 1,495 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
2-bed apartment
Size
1,260 sqft
Floor
1st of 4
Parking
G-17
Developer
Townx Real Estate Development
Completed
2024
Last sold
AED 1.88M · October 2024
Building
Luma 22 - West Tower

About 161, Luma 22 - West Tower

161 is a two-bedroom apartment of 1,260 sqft on the 1st floor of Luma 22 - West Tower, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2024 by Townx Real Estate Development . The developer sold it on 8 October 2024 for AED 1,884,781, or AED 1,495 per sqft, 4% above the AED 1,433 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 161 over time

Rents
Unit 161, each contractTypical two-bed in Luma 22 - West Tower
120K2024202520262027Typical rent by year: 2024 AED 122,000; 2025 AED 130,000; 2026 AED 105,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Luma 22 - West Tower, and where 161 sits

All 10 2-beds →

161 last sold in October 2024 at AED 1,495 per sqft, 4% above what two-beds in Luma 22 - West Tower were fetching at the time (AED 1,433). Over the last 12 months two-beds sold for AED 2,050,000, around AED 1,615 per sqft, and rent for AED 102,500 to 122,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Mar 20262,050,000
12 Jan 20252,017,094
25 Nov 20241,650,000
18 Nov 20242,000,000
1 2-bed sale in the last 12 months

Luma 22 - West Tower

Building

243 apartments, studios to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2024 by Townx Real Estate Development . 6 sold in the last 12 months.

Typical price per sqft
AED 1,315
Typical sale
AED 1.03M
Typical rent
AED 60K /yr
Typical yield
8.9%
Luma 22 - West Tower, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 243 units in Luma 22 - West Tower
Value
1391-bedAED 945K · Apr 2026
1401-bedAED 1.29M · Aug 2023
1411-bedAED 1.29M · May 2023
1421-bedAED 1.03M · May 2023
143StudioAED 595K · Feb 2023
1441-bedAED 1.36M · Apr 2025
1451-bedAED 982K · Apr 2023
1–7 of 57

161, Luma 22 - West Tower in numbers

  • Sold once: by Townx Real Estate Development on 8 October 2024 for AED 1,884,781, or AED 1,495 per sqft.
  • Two-beds in Luma 22 - West Tower sold for AED 2,050,000–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,315 per sqft.

Source: Dubai Land Department. Updated 8 October 2024.

Questions about 161, Luma 22 - West Tower

What did unit 161 last sell for?

AED 1,884,781 on 8 October 2024, sold by the developer: AED 1,495 per sqft for 1,260 sqft. It is the only registered sale of the unit.

How big is unit 161?

1,260 sqft (117.1 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2024.

What is unit 161 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Luma 22 - West Tower sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 1,615 per sqft.

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Mortgage on 161, Luma 22 - West Tower

Starts from the last sale price (AED 1.88M, 8 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,884,781
Deposit, UAE resident (20%)
AED 376,956
Deposit, non-resident (40%)
AED 753,912
Monthly over 25 years at 3.7%
AED 7,711

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →