Studio · 421 sqftLuma 22 - West Tower, Jumeirah Village Circle (JVC) · 2nd floor · completed 2024

255, Luma 22 - West Tower

Sold prices and rental history: sold twice, last in September 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 255 · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 660K6 September 2024
Current rentAED 62K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 255, Luma 22 - West Tower

What is 255 worth today?

Last sold for AED 660,000 in 2024

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25 Nov 2025RentedNew contract
AED 62,000/yr12 months · AED 147 per sqft
10 Nov 2024RentedNew contract
AED 63,000/yr12 months · AED 150 per sqft
6 Sep 2024SoldOff-plan
AED 660,000AED 1,566 per sqft
2 Jan 2023Sold by developerOff-plan
AED 474,297AED 1,122 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
Studio apartment
Size
421 sqft
Floor
2nd of 4
Parking
B-115
Developer
Townx Real Estate Development
Completed
2024
Last sold
AED 660K · September 2024

About 255, Luma 22 - West Tower

255 is a studio of 421 sqft on the 2nd floor of Luma 22 - West Tower, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2024 by Townx Real Estate Development . It last sold on 6 September 2024 for AED 660,000, or AED 1,566 per sqft, 7% above the AED 1,464 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 25 November 2025, is AED 62,000 a year: a gross yield of 9.4% on the 2024 price.

Sales and rents for 255 over time

Sales
Unit 255, 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, January 2023: AED 474,297 (AED 1,122 per sqft)Sold, September 2024: AED 660,000 (AED 1,566 per sqft)

255 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 255, each contractTypical studio in Luma 22 - West Tower
55K60K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 55,000New contract, November 2024: AED 63,000 a yearNew contract, November 2025: AED 62,000 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 255 sits

All 138 studios →

255 last sold in September 2024 at AED 1,566 per sqft, 7% above what studios in Luma 22 - West Tower were fetching at the time (AED 1,464). 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. 255's AED 62,000 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 2nd floor

All 243 units in Luma 22 - West Tower
Value
2391-bedAED 810K · Jan 2023
2401-bedAED 957K · Feb 2023
2411-bedAED 928K · Mar 2023
2421-bedAED 800K · Feb 2023
243StudioAED 655K · Jun 2024
2441-bedAED 938K · Jan 2023
2451-bedAED 948K · Mar 2023
1–7 of 57

255, Luma 22 - West Tower in numbers

  • Sold twice: first on 2 January 2023 for AED 474,297, last on 6 September 2024 for AED 660,000 (AED 1,566 per sqft).
  • Rented since November 2024 on 2 Ejari contracts, from AED 63,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2024 price is 9.4%.
  • 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 25 November 2025.

Questions about 255, Luma 22 - West Tower

What did unit 255 last sell for?

AED 660,000 on 6 September 2024: AED 1,566 per sqft for 421 sqft. The unit has 2 registered sales; the first was AED 474,297 in January 2023.

What is the rent for unit 255?

AED 62,000 a year on the contract signed on 25 November 2025. The previous contract, from November 2024, was AED 63,000.

How big is unit 255?

421 sqft (39.1 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2024.

What is unit 255 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 255, Luma 22 - West Tower

Starts from the last sale price (AED 660K, 6 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

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