1506, Luma Park Views
Sold prices and rental history: sold once, by the developer in July 2024, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Luma Park Views
What is 1506 worth today?
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Source: Dubai Land Department. Updated 20 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 805 sqft
- Floor
- 15th of 24
- Parking
- 1
- Developer
- Townx Real Estate Development
- Completed
- 2026
- Last sold
- AED 1.18M · July 2024
- Building
- Luma Park Views
About 1506, Luma Park Views
1506 is a one-bedroom apartment of 805 sqft on the 15th 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 15 July 2024 for AED 1,183,677, or AED 1,470 per sqft, 5% above the AED 1,406 one-beds in the building were fetching at the time.
It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 20 November 2026, is AED 85,000 a year: a gross yield of 7.2% on the 2024 price.
Sales and rents for 1506 over time
1506 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 1506 sits
All 432 1-beds →1506 last sold in July 2024 at AED 1,470 per sqft, 5% above what one-beds in Luma Park Views were fetching at the time (AED 1,406). 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. 1506's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Nov 20266 November 2026 | 799 sqft | 1,329,087 | 1,664 | ||
| 5 Nov 20265 November 2026 | 849 sqft | 1,247,040 | 1,468 | ||
| 3 Nov 20263 November 2026 | 838 sqft | 1,319,425 | 1,573 | ||
| 3 Nov 20263 November 2026 | 880 sqft | 1,319,425 | 1,499 |
Luma Park Views
Building567 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%
Other units on the 15th floor
All 567 units in Luma Park Views| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,360 sqft | AED 2.01MAED 2,005,506 · Jun 2025June 2025 | ||
| 1502 | 1-bed | 880 sqft | AED 1.4MAED 1,403,590 · Jan 2026January 2026 | 85,000 /yr | |
| 1503 | 1-bed | 878 sqft | AED 1.37MAED 1,373,606 · Oct 2025October 2025 | 82,000 /yr | |
| 1504 | 1-bed | 880 sqft | AED 1.36MAED 1,361,432 · Oct 2025October 2025 | 80,000 /yr | |
| 1505 | 1-bed | 804 sqft | AED 1.19MAED 1,192,785 · May 2024May 2024 | 75,000 /yr | |
| 1507 | 3-bed | 1,346 sqft | AED 2.34MAED 2,342,452 · Aug 2025August 2025 | ||
| 1508 | 3-bed | 1,312 sqft | AED 2.03MAED 2,030,014 · Nov 2024November 2024 | 150,000 /yr | |
| 1509 | 1-bed | 849 sqft | AED 1.34MAED 1,341,672 · Jun 2024June 2024 | ||
| 1510 | 1-bed | 849 sqft | AED 1.29MAED 1,288,006 · Nov 2024November 2024 | ||
| 1511 | 1-bed | 849 sqft | AED 1.31MAED 1,314,838 · Jul 2024July 2024 | 90,000 /yr | |
| 1512 | 1-bed | 849 sqft | AED 1.29MAED 1,288,005 · Nov 2024November 2024 | 110,000 /yr | |
| 1513 | 1-bed | 849 sqft | AED 1.29MAED 1,288,006 · Jan 2025January 2025 | 75,000 /yr | |
| 1514 | 1-bed | 849 sqft | AED 1.33MAED 1,329,060 · Mar 2025March 2025 | 85,000 /yr | |
| 1515 | 2-bed | 1,239 sqft | AED 1.96MAED 1,961,621 · Feb 2025February 2025 | ||
| 1516 | 3-bed | 1,305 sqft | AED 2.23MAED 2,227,619 · Feb 2025February 2025 | ||
| 1517 | 2-bed | 1,243 sqft | AED 2.2MAED 2,196,487 · Nov 2025November 2025 | 150,000 /yr | |
| 1518 | 1-bed | 849 sqft | AED 1.19MAED 1,190,993 · Aug 2025August 2025 | ||
| 1519 | 1-bed | 849 sqft | AED 1.26MAED 1,255,870 · Jul 2025July 2025 | 70,000 /yr | |
| 1520 | 1-bed | 849 sqft | AED 1.22MAED 1,217,028 · May 2025May 2025 | ||
| 1521 | 1-bed | 849 sqft | AED 1.22MAED 1,217,028 · Apr 2025April 2025 | 91,200 /yr | |
| 1522 | 1-bed | 849 sqft | AED 1.36MAED 1,357,030 · Dec 2025December 2025 | 75,000 /yr | |
| 1523 | 1-bed | 849 sqft | AED 1.21MAED 1,206,485 · Nov 2024November 2024 | ||
| 1524 | 3-bed | 1,309 sqft | AED 1.92MAED 1,918,576 · Feb 2025February 2025 | 138,000 /yr | |
| 1525 | 3-bed | 1,711 sqft | AED 2.64MAED 2,644,382 · Apr 2025April 2025 | ||
| 1526 | 1-bed | 807 sqft | AED 1.34MAED 1,338,769 · Oct 2026October 2026 | ||
| 1527 | 1-bed | 804 sqft | AED 1.26MAED 1,257,217 · Mar 2024March 2024 | 77,000 /yr | |
| 1528 | 1-bed | 880 sqft | AED 1.38MAED 1,375,744 · Jun 2024June 2024 | ||
| 1529 | 1-bed | 878 sqft | AED 1.37MAED 1,373,883 · Jun 2024June 2024 | 77,000 /yr | |
| 1530 | 1-bed | 878 sqft | AED 1.32MAED 1,318,372 · Jul 2024July 2024 | 75,000 /yr | |
| 1531 | 1-bed | 863 sqft | AED 1.43MAED 1,432,530 · Dec 2025December 2025 |
1506, Luma Park Views in numbers
- Sold once: by Townx Real Estate Development on 15 July 2024 for AED 1,183,677, or AED 1,470 per sqft.
- Rented since September 2026 on 2 Ejari contracts, from AED 80,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2024 price is 7.2%.
- 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 20 November 2026.
Questions about 1506, Luma Park Views
What did unit 1506 last sell for?
AED 1,183,677 on 15 July 2024, sold by the developer: AED 1,470 per sqft for 805 sqft. It is the only registered sale of the unit.
What is the rent for unit 1506?
AED 85,000 a year on the contract signed on 20 November 2026. The previous contract, from September 2026, was AED 80,000.
How big is unit 1506?
805 sqft (74.8 sqm): a one-bedroom apartment on the 15th floor of a 24-storey tower completed in 2026.
What is unit 1506 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 1506, Luma Park Views
Starts from the last sale price (AED 1.18M, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,183,677
- Deposit, UAE resident (20%)
- AED 236,735
- Deposit, non-resident (40%)
- AED 473,471
- Monthly over 25 years at 3.7%
- AED 4,843
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →