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Studio · 467 sqftLuma 22 - West Tower, Jumeirah Village Circle (JVC) · 4th floor · completed 2024

492, Luma 22 - West Tower

Sold prices and rental history: sold twice, last in May 2025, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 492 · DLD and Ejari recordsUpdated 25 October 2025
Last soldAED 780K2 May 2025
Current rentAED 60K /yr25 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 492, Luma 22 - West Tower

What is 492 worth today?

Last sold for AED 780,000 in 2025

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25 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 130 per sqft
2 May 2025SoldReady
AED 780,000AED 1,671 per sqft
21 Oct 2023Sold by developerOff-plan
AED 672,450AED 1,434 per sqft

Source: Dubai Land Department. Updated 25 October 2025.

Key facts

Type
Studio apartment
Size
467 sqft
Floor
4th of 4
Parking
B-138
Developer
Townx Real Estate Development
Completed
2024
Last sold
AED 780K · May 2025
Building
Luma 22 - West Tower

About 492, Luma 22 - West Tower

492 is a studio of 467 sqft on the 4th 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 2 May 2025 for AED 780,000, or AED 1,671 per sqft, 5% above the AED 1,592 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 October 2025. The current contract, signed on 25 October 2025, is AED 60,000 a year: a gross yield of 7.7% on the 2025 price.

Sales and rents for 492 over time

Sales
Unit 492, each saleTypical studio in Luma 22 - West Tower
600K800K20222023202420252026Typical sale price by year: 2022 AED 520,882; 2023 AED 595,000; 2024 AED 686,609; 2025 AED 737,500Sold by developer, October 2023: AED 672,450 (AED 1,434 per sqft)Sold, May 2025: AED 780,000 (AED 1,671 per sqft)

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

Rents
Unit 492, 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, October 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 492 sits

All 138 studios →

492 last sold in May 2025 at AED 1,671 per sqft, 5% above what studios in Luma 22 - West Tower were fetching at the time (AED 1,592). 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. 492'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 4th floor

All 243 units in Luma 22 - West Tower
Value
4391-bedAED 987K · Mar 2023
4401-bedAED 1.21M · Apr 2023
4411-bedAED 1.25M · Feb 2023
4421-bedAED 1.17M · Oct 2023
443StudioAED 615K · Jan 2023
4441-bedAED 1.35M · Aug 2025
4452-bedAED 1.74M · Jul 2024
1–7 of 44

492, Luma 22 - West Tower in numbers

  • Sold twice: first on 21 October 2023 for AED 672,450, last on 2 May 2025 for AED 780,000 (AED 1,671 per sqft).
  • Rented since October 2025 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 7.7%.
  • 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 October 2025.

Questions about 492, Luma 22 - West Tower

What did unit 492 last sell for?

AED 780,000 on 2 May 2025: AED 1,671 per sqft for 467 sqft. The unit has 2 registered sales; the first was AED 672,450 in October 2023.

What is the rent for unit 492?

AED 60,000 a year on the contract signed on 25 October 2025.

How big is unit 492?

467 sqft (43.4 sqm): a studio on the 4th floor of a 4-storey tower completed in 2024.

What is unit 492 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 492, Luma 22 - West Tower

Starts from the last sale price (AED 780K, 2 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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