1602, Luma Park Views
Sold prices and rental history: sold once, by the developer in December 2025, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Luma Park Views
What is 1602 worth today?
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Source: Dubai Land Department. Updated 25 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 880 sqft
- Floor
- 16th of 24
- Parking
- P3-27
- Developer
- Townx Real Estate Development
- Completed
- 2026
- Last sold
- AED 1.38M · December 2025
- Building
- Luma Park Views
About 1602, Luma Park Views
1602 is a one-bedroom apartment of 880 sqft on the 16th 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 11 December 2025 for AED 1,380,004, or AED 1,568 per sqft, 3% above the AED 1,516 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 May 2026. The current contract, signed on 25 May 2026, is AED 75,000 a year: a gross yield of 5.4% on the 2025 price.
Sales and rents for 1602 over time
1602 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 1602 sits
All 432 1-beds →1602 last sold in December 2025 at AED 1,568 per sqft, 3% above what one-beds in Luma Park Views were fetching at the time (AED 1,516). 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. 1602's AED 75,000 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 16th floor
All 567 units in Luma Park Views| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,360 sqft | AED 2.2MAED 2,196,487 · Nov 2025November 2025 | 135,000 /yr | |
| 1603 | 1-bed | 880 sqft | AED 1.39MAED 1,394,437 · Dec 2025December 2025 | ||
| 1604 | 1-bed | 880 sqft | AED 1.33MAED 1,325,084 · Apr 2025April 2025 | ||
| 1605 | 1-bed | 804 sqft | AED 1.28MAED 1,275,843 · Jan 2025January 2025 | 90,000 /yr | |
| 1606 | 1-bed | 798 sqft | AED 1.36MAED 1,356,547 · Feb 2025February 2025 | ||
| 1607 | 3-bed | 1,335 sqft | AED 2.27MAED 2,270,546 · Feb 2025February 2025 | ||
| 1608 | 3-bed | 1,311 sqft | AED 2.12MAED 2,116,239 · Feb 2025February 2025 | 150,000 /yr | |
| 1609 | 1-bed | 838 sqft | AED 1.34MAED 1,343,810 · Feb 2025February 2025 | ||
| 1610 | 1-bed | 838 sqft | AED 1.17MAED 1,170,000 · Oct 2026October 2026 | ||
| 1611 | 1-bed | 838 sqft | AED 1.33MAED 1,329,957 · Mar 2025March 2025 | 90,000 /yr | |
| 1612 | 1-bed | 838 sqft | AED 1.32MAED 1,316,103 · May 2025May 2025 | 94,000 /yr | |
| 1613 | 1-bed | 838 sqft | AED 1.22MAED 1,215,000 · Aug 2026August 2026 | ||
| 1614 | 1-bed | 838 sqft | AED 1.45MAED 1,450,000 · Feb 2026February 2026 | ||
| 1615 | 2-bed | 1,234 sqft | AED 2.13MAED 2,134,619 · Oct 2025October 2025 | ||
| 1616 | 3-bed | 1,298 sqft | AED 2.54MAED 2,537,060 · Feb 2026February 2026 | ||
| 1617 | 2-bed | 1,243 sqft | AED 2.2MAED 2,196,487 · Nov 2025November 2025 | ||
| 1618 | 1-bed | 838 sqft | AED 1.29MAED 1,285,547 · Dec 2025December 2025 | ||
| 1619 | 1-bed | 838 sqft | AED 1.3MAED 1,303,795 · Oct 2025October 2025 | ||
| 1620 | 1-bed | 838 sqft | AED 1.26MAED 1,255,015 · Oct 2025October 2025 | 82,000 /yr | |
| 1621 | 1-bed | 838 sqft | AED 1.33MAED 1,325,720 · Oct 2025October 2025 | ||
| 1622 | 1-bed | 838 sqft | AED 1.36MAED 1,359,111 · Oct 2025October 2025 | 74,000 /yr | |
| 1623 | 1-bed | 838 sqft | AED 1.36MAED 1,359,111 · Oct 2025October 2025 | 73,000 /yr | |
| 1624 | 3-bed | 1,309 sqft | AED 2.22MAED 2,217,605 · Oct 2025October 2025 | ||
| 1626 | 1-bed | 799 sqft | AED 1.27MAED 1,267,810 · Jan 2025January 2025 | ||
| 1627 | 1-bed | 804 sqft | AED 1.2MAED 1,204,888 · Jan 2025January 2025 | 80,000 /yr | |
| 1628 | 1-bed | 880 sqft | AED 1.23MAED 1,233,333 · Apr 2025April 2025 | 90,000 /yr | |
| 1629 | 1-bed | 878 sqft | AED 1.23MAED 1,233,333 · Apr 2025April 2025 | 75,000 /yr | |
| 1630 | 1-bed | 878 sqft | AED 1.23MAED 1,233,333 · Apr 2025April 2025 | 75,000 /yr | |
| 1631 | 1-bed | 863 sqft | AED 1.37MAED 1,366,924 · Nov 2025November 2025 | 75,000 /yr |
1602, Luma Park Views in numbers
- Sold once: by Townx Real Estate Development on 11 December 2025 for AED 1,380,004, or AED 1,568 per sqft.
- Rented since May 2026 on one Ejari contract, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2025 price is 5.4%.
- 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 25 May 2026.
Questions about 1602, Luma Park Views
What did unit 1602 last sell for?
AED 1,380,004 on 11 December 2025, sold by the developer: AED 1,568 per sqft for 880 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 75,000 a year on the contract signed on 25 May 2026.
How big is unit 1602?
880 sqft (81.8 sqm): a one-bedroom apartment on the 16th floor of a 24-storey tower completed in 2026.
What is unit 1602 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 1602, Luma Park Views
Starts from the last sale price (AED 1.38M, 11 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,380,004
- Deposit, UAE resident (20%)
- AED 276,001
- Deposit, non-resident (40%)
- AED 552,002
- Monthly over 25 years at 3.7%
- AED 5,646
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →