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Studio · 469 sqftLuma 22 - West Tower, Jumeirah Village Circle (JVC) · 2nd floor · completed 2024

284, Luma 22 - West Tower

Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 284 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 515K14 March 2023
Current rentAED 66K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 284, Luma 22 - West Tower

What is 284 worth today?

Last sold for AED 514,881 in 2023

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20 Oct 2026RentedNew contract
AED 66,000/yr12 months · AED 141 per sqft
23 Sep 2025RentedNew contract
AED 72,000/yr12 months · AED 154 per sqft
14 Mar 2023Sold by developerOff-plan
AED 514,881AED 1,098 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
Studio apartment
Size
469 sqft
Floor
2nd of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2024
Last sold
AED 515K · March 2023
Building
Luma 22 - West Tower

About 284, Luma 22 - West Tower

284 is a studio of 469 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 14 March 2023 for AED 514,881, or AED 1,098 per sqft, 3% below the AED 1,133 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 20 October 2026, is AED 66,000 a year: a gross yield of 12.8% on the 2023 price.

Sales and rents for 284 over time

Sales
Unit 284, 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 2023: AED 514,881 (AED 1,098 per sqft)

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

Rents
Unit 284, each contractTypical studio in Luma 22 - West Tower
60K70K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 55,000New contract, September 2025: AED 72,000 a yearNew contract, October 2026: AED 66,000 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 284 sits

All 138 studios →

284 last sold in March 2023 at AED 1,098 per sqft, 3% below what studios in Luma 22 - West Tower were fetching at the time (AED 1,133). 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. 284's AED 66,000 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

284, Luma 22 - West Tower in numbers

  • Sold once: by Townx Real Estate Development on 14 March 2023 for AED 514,881, or AED 1,098 per sqft.
  • Rented since September 2025 on 2 Ejari contracts, from AED 72,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2023 price is 12.8%.
  • 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 October 2026.

Questions about 284, Luma 22 - West Tower

What did unit 284 last sell for?

AED 514,881 on 14 March 2023, sold by the developer: AED 1,098 per sqft for 469 sqft. It is the only registered sale of the unit.

What is the rent for unit 284?

AED 66,000 a year on the contract signed on 20 October 2026. The previous contract, from September 2025, was AED 72,000.

How big is unit 284?

469 sqft (43.6 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2024.

What is unit 284 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 284, Luma 22 - West Tower

Starts from the last sale price (AED 515K, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 514,881
Deposit, UAE resident (20%)
AED 102,976
Deposit, non-resident (40%)
AED 205,952
Monthly over 25 years at 3.7%
AED 2,107

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