1-bed · 880 sqftLuma Park Views, Jumeirah Village Circle (JVC) · 12th floor · completed 2026

1229, Luma Park Views

Sold prices and rental history: sold once, by the developer in December 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1229 · DLD and Ejari recordsUpdated 8 December 2025
Last soldAED 1.12M8 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1229, Luma Park Views

What is 1229 worth today?

Last sold for AED 1,117,248 in 2025

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8 Dec 2025Sold by developerReady
AED 1,117,248AED 1,269 per sqft

Source: Dubai Land Department. Updated 8 December 2025.

Key facts

Type
1-bed apartment
Size
880 sqft
Floor
12th of 24
Parking
P2-196
Developer
Townx Real Estate Development
Completed
2026
Last sold
AED 1.12M · December 2025

About 1229, Luma Park Views

1229 is a one-bedroom apartment of 880 sqft on the 12th floor of Luma Park Views, a 24-storey tower in Jumeirah Village Circle (JVC) completed in 2026 by Townx Real Estate Development . The developer sold it on 8 December 2025 for AED 1,117,248, or AED 1,269 per sqft, 16% below the AED 1,505 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1229 over time

Sales
Unit 1229, each saleTypical one-bed in Luma Park Views
1.1M1.2M1.3M20232024202520262027Typical sale price by year: 2023 AED 1,104,475; 2024 AED 1,222,790; 2025 AED 1,300,838; 2026 AED 1,319,425Sold by developer, December 2025: AED 1,117,248 (AED 1,269 per sqft)

1229 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Luma Park Views, and where 1229 sits

All 432 1-beds →

1229 last sold in December 2025 at AED 1,269 per sqft, 16% below what one-beds in Luma Park Views were fetching at the time (AED 1,505). Over the last 12 months one-beds sold for AED 933,017 to 1,594,983, around AED 1,556 per sqft, and rent for AED 65,000 to 120,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Nov 20261,329,087
5 Nov 20261,247,040
3 Nov 20261,319,425
3 Nov 20261,319,425
196 1-bed sales in the last 12 months

Luma Park Views

Building

567 apartments, 1-bed to 3-bed over 24 floors in Jumeirah Village Circle (JVC), completed in 2026 by Townx Real Estate Development . 267 sold in the last 12 months.

Typical price per sqft
AED 1,598 Up 5.3%
Typical sale
AED 1.37M
Typical rent
AED 85K /yr
Typical yield
6.0%
Luma Park Views, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 12th floor

All 567 units in Luma Park Views
Value
12012-bedAED 1.66M · Dec 2025
12021-bedAED 1.07M · Dec 2025
12031-bedAED 1.07M · Dec 2025
12041-bedAED 1.07M · Dec 2025
12051-bedAED 980K · Dec 2025
12061-bedAED 972K · Dec 2025
12073-bedAED 1.62M · Dec 2025
1–7 of 28

1229, Luma Park Views in numbers

  • Sold once: by Townx Real Estate Development on 8 December 2025 for AED 1,117,248, or AED 1,269 per sqft.
  • One-beds in Luma Park Views sold for AED 933,017–1,594,983 in the 12 months to November 2026; the building's median across all types is AED 1,598 per sqft.

Source: Dubai Land Department. Updated 8 December 2025.

Questions about 1229, Luma Park Views

What did unit 1229 last sell for?

AED 1,117,248 on 8 December 2025, sold by the developer: AED 1,269 per sqft for 880 sqft. It is the only registered sale of the unit.

How big is unit 1229?

880 sqft (81.8 sqm): a one-bedroom apartment on the 12th floor of a 24-storey tower completed in 2026.

What is unit 1229 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Luma Park Views sold for AED 933,017 to 1,594,983 in the last 12 months, around AED 1,556 per sqft.

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Mortgage on 1229, Luma Park Views

Starts from the last sale price (AED 1.12M, 8 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,117,248
Deposit, UAE resident (20%)
AED 223,450
Deposit, non-resident (40%)
AED 446,899
Monthly over 25 years at 3.7%
AED 4,571

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