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1-bed · 843 sqftLuma 22 - West Tower, Jumeirah Village Circle (JVC) · 2nd floor · completed 2024

263, Luma 22 - West Tower

Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from June 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 263 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 864K10 January 2023
Current rentAED 87K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 263, Luma 22 - West Tower

What is 263 worth today?

Last sold for AED 864,100 in 2023

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1 Jun 2026RentedRenewal
AED 87,000/yr12 months · AED 104 per sqft
10 Jan 2023Sold by developerOff-plan
AED 864,100AED 1,024 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
2nd of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2024
Last sold
AED 864K · January 2023
Building
Luma 22 - West Tower

About 263, Luma 22 - West Tower

263 is a one-bedroom apartment of 843 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 . The developer sold it on 10 January 2023 for AED 864,100, or AED 1,024 per sqft, in line with the AED 1,023 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2026. The current contract, renewed on 1 June 2026, is AED 87,000 a year: a gross yield of 10.1% on the 2023 price.

Sales and rents for 263 over time

Sales
Unit 263, each saleTypical one-bed in Luma 22 - West Tower
800K1M1.2M20232024202520262027Typical sale price by year: 2023 AED 965,469; 2024 AED 1,186,234; 2025 AED 1,300,000; 2026 AED 1,025,000Sold by developer, January 2023: AED 864,100 (AED 1,024 per sqft)

263 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 263, each contractTypical one-bed in Luma 22 - West Tower
88K90K2024202520262027Typical rent by year: 2024 AED 89,500; 2025 AED 90,000; 2026 AED 87,000Renewal, June 2026: AED 87,000 a year

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

1-beds in Luma 22 - West Tower, and where 263 sits

All 95 1-beds →

263 last sold in January 2023 at AED 1,024 per sqft, in line with what one-beds in Luma 22 - West Tower were fetching at the time (AED 1,023). Over the last 12 months one-beds sold for AED 945,000 to 1,175,000, around AED 1,301 per sqft, and rent for AED 70,000 to 110,000 a year. 263's AED 87,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
31 Jul 20261,175,000
7 May 20261,025,000
20 Apr 2026945,000
1 Oct 20251,250,000
3 1-bed 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

263, Luma 22 - West Tower in numbers

  • Sold once: by Townx Real Estate Development on 10 January 2023 for AED 864,100, or AED 1,024 per sqft.
  • Rented since June 2026 on one Ejari contract, at AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2023 price is 10.1%.
  • One-beds in Luma 22 - West Tower sold for AED 945,000–1,175,000 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 1 June 2026.

Questions about 263, Luma 22 - West Tower

What did unit 263 last sell for?

AED 864,100 on 10 January 2023, sold by the developer: AED 1,024 per sqft for 843 sqft. It is the only registered sale of the unit.

What is the rent for unit 263?

AED 87,000 a year on the contract renewed on 1 June 2026.

How big is unit 263?

843 sqft (78.3 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2024.

What is unit 263 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Luma 22 - West Tower sold for AED 945,000 to 1,175,000 in the last 12 months, around AED 1,301 per sqft.

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Mortgage on 263, Luma 22 - West Tower

Starts from the last sale price (AED 864K, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 864,100
Deposit, UAE resident (20%)
AED 172,820
Deposit, non-resident (40%)
AED 345,640
Monthly over 25 years at 3.7%
AED 3,535

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