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Studio · 553 sqftLuma 22 - West Tower, Jumeirah Village Circle (JVC) · 1st floor · completed 2024

182, Luma 22 - West Tower

Sold prices and rental history: sold once, by the developer in March 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 182 · DLD and Ejari recordsUpdated 28 September 2026
Last soldAED 754K12 March 2024
Current rentAED 55K /yr28 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 182, Luma 22 - West Tower

What is 182 worth today?

Last sold for AED 754,277 in 2024

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28 Sep 2026RentedNew contract
AED 55,000/yr12 months · AED 100 per sqft
15 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 109 per sqft
25 Feb 2025RentedNew contract
AED 65,000/yr12 months · AED 118 per sqft
12 Mar 2024Sold by developerOff-plan
AED 754,277AED 1,363 per sqft

Source: Dubai Land Department. Updated 28 September 2026.

Key facts

Type
Studio apartment
Size
553 sqft
Floor
1st of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2024
Last sold
AED 754K · March 2024
Building
Luma 22 - West Tower

About 182, Luma 22 - West Tower

182 is a studio of 553 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 12 March 2024 for AED 754,277, or AED 1,363 per sqft, 6% below the AED 1,444 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 28 September 2026, is AED 55,000 a year: a gross yield of 7.3% on the 2024 price.

Sales and rents for 182 over time

Sales
Unit 182, each saleTypical studio in Luma 22 - West Tower
600K20222023202420252026Typical sale price by year: 2022 AED 520,882; 2023 AED 595,000; 2024 AED 686,609; 2025 AED 737,500Sold by developer, March 2024: AED 754,277 (AED 1,363 per sqft)

182 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 182, each contractTypical studio in Luma 22 - West Tower
55K60K65K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 55,000New contract, February 2025: AED 65,000 a yearNew contract, September 2025: AED 60,000 a yearNew contract, September 2026: AED 55,000 a year

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

Studios in Luma 22 - West Tower, and where 182 sits

All 138 studios →

182 last sold in March 2024 at AED 1,363 per sqft, 6% below what studios in Luma 22 - West Tower were fetching at the time (AED 1,444). Over the last 12 months studios sold for AED 790,000, around AED 1,692 per sqft, and rent for AED 33,550 to 75,000 a year. 182's AED 55,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
12 Aug 202616,415
31 Mar 2026790,000
14 Oct 2025710,000
22 Aug 2025735,000
2 studio sales 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

182, Luma 22 - West Tower in numbers

  • Sold once: by Townx Real Estate Development on 12 March 2024 for AED 754,277, or AED 1,363 per sqft.
  • Rented since February 2025 on 3 Ejari contracts, from AED 65,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 7.3%.
  • Studios in Luma 22 - West Tower sold for AED 790,000–790,000 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 28 September 2026.

Questions about 182, Luma 22 - West Tower

What did unit 182 last sell for?

AED 754,277 on 12 March 2024, sold by the developer: AED 1,363 per sqft for 553 sqft. It is the only registered sale of the unit.

What is the rent for unit 182?

AED 55,000 a year on the contract signed on 28 September 2026. The previous contract, from September 2025, was AED 60,000; the unit has been rented since February 2025.

How big is unit 182?

553 sqft (51.4 sqm): a studio on the 1st floor of a 4-storey tower completed in 2024.

What is unit 182 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Luma 22 - West Tower sold for AED 790,000 to 790,000 in the last 12 months, around AED 1,692 per sqft.

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Mortgage on 182, Luma 22 - West Tower

Starts from the last sale price (AED 754K, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 754,277
Deposit, UAE resident (20%)
AED 150,855
Deposit, non-resident (40%)
AED 301,711
Monthly over 25 years at 3.7%
AED 3,086

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