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Studio · 449 sqftLuma 22 - West Tower, Jumeirah Village Circle (JVC) · 2nd floor · completed 2024

269, Luma 22 - West Tower

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 269 · DLD and Ejari recordsUpdated 20 September 2025
Last soldAED 506K10 January 2023
Current rentAED 60K /yr20 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 269, Luma 22 - West Tower

What is 269 worth today?

Last sold for AED 506,030 in 2023

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20 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 135 per sqft
3 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 135 per sqft
10 Jan 2023Sold by developerOff-plan
AED 506,030AED 1,127 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type
Studio apartment
Size
449 sqft
Floor
2nd of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2024
Last sold
AED 506K · January 2023
Building
Luma 22 - West Tower

About 269, Luma 22 - West Tower

269 is a studio of 449 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 506,030, or AED 1,127 per sqft, in line with the AED 1,130 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 20 September 2025, is AED 60,000 a year: a gross yield of 11.9% on the 2023 price.

Sales and rents for 269 over time

Sales
Unit 269, 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 506,030 (AED 1,127 per sqft)

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

Rents
Unit 269, each contractTypical studio in Luma 22 - West Tower
55K58K60K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 55,000New contract, September 2024: AED 60,000 a yearNew contract, September 2025: AED 60,000 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 269 sits

All 138 studios →

269 last sold in January 2023 at AED 1,127 per sqft, in line with what studios in Luma 22 - West Tower were fetching at the time (AED 1,130). 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. 269's AED 60,000 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

269, Luma 22 - West Tower in numbers

  • Sold once: by Townx Real Estate Development on 10 January 2023 for AED 506,030, or AED 1,127 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 11.9%.
  • 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 20 September 2025.

Questions about 269, Luma 22 - West Tower

What did unit 269 last sell for?

AED 506,030 on 10 January 2023, sold by the developer: AED 1,127 per sqft for 449 sqft. It is the only registered sale of the unit.

What is the rent for unit 269?

AED 60,000 a year on the contract signed on 20 September 2025. The previous contract, from September 2024, was AED 60,000.

How big is unit 269?

449 sqft (41.7 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2024.

What is unit 269 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 269, Luma 22 - West Tower

Starts from the last sale price (AED 506K, 10 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 506,030
Deposit, UAE resident (20%)
AED 101,206
Deposit, non-resident (40%)
AED 202,412
Monthly over 25 years at 3.7%
AED 2,070

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