2016, Luma Park Views
Sold prices and rental history: sold once, by the developer in December 2024, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2016, Luma Park Views
What is 2016 worth today?
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Source: Dubai Land Department. Updated 13 April 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,298 sqft
- Floor
- 20th of 24
- Parking
- 2
- Developer
- Townx Real Estate Development
- Completed
- 2026
- Last sold
- AED 2.06M · December 2024
- Building
- Luma Park Views
About 2016, Luma Park Views
2016 is a three-bedroom apartment of 1,298 sqft on the 20th 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 10 December 2024 for AED 2,061,070, or AED 1,587 per sqft, 14% above the AED 1,398 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 13 April 2026. The current contract, signed on 13 April 2026, is AED 138,462 a year: a gross yield of 6.7% on the 2024 price.
Sales and rents for 2016 over time
2016 has sold once; the dashed line is the three-bed median of each year in the building.
3-beds in Luma Park Views, and where 2016 sits
All 83 3-beds →2016 last sold in December 2024 at AED 1,587 per sqft, 14% above what three-beds in Luma Park Views were fetching at the time (AED 1,398). Over the last 12 months three-beds sold for AED 1,621,648 to 3,588,030, around AED 1,866 per sqft, and rent for AED 130,000 to 210,000 a year. 2016's AED 138,462 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Oct 202612 October 2026 | 1,321 sqft | 2,344,168 | 1,774 | ||
| 15 Sep 202615 September 2026 | 1,346 sqft | 2,300,000 | 1,709 | ||
| 12 Sep 202612 September 2026 | 1,312 sqft | 2,300,000 | 1,753 | ||
| 10 Sep 202610 September 2026 | 1,700 sqft | 3,199,200 | 1,881 |
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 1,595 Up 5.2%
- Typical sale
- AED 1.37M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.0%
Other units on the 20th floor
All 567 units in Luma Park Views| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,360 sqft | AED 2MAED 2,000,000 · May 2026May 2026 | ||
| 2002 | 1-bed | 878 sqft | AED 1.37MAED 1,365,978 · Sep 2024September 2024 | 72,000 /yr | |
| 2003 | 1-bed | 878 sqft | AED 1.37MAED 1,365,978 · Sep 2024September 2024 | 70,000 /yr | |
| 2004 | 1-bed | 880 sqft | AED 1.35MAED 1,353,580 · Sep 2024September 2024 | 70,000 /yr | |
| 2005 | 1-bed | 804 sqft | AED 1.26MAED 1,262,613 · May 2024May 2024 | 90,000 /yr | |
| 2006 | 1-bed | 798 sqft | AED 1.26MAED 1,264,473 · May 2024May 2024 | ||
| 2007 | 3-bed | 1,335 sqft | AED 2.15MAED 2,154,640 · May 2025May 2025 | 150,000 /yr | |
| 2008 | 3-bed | 1,311 sqft | AED 2.14MAED 2,136,203 · Apr 2025April 2025 | ||
| 2009 | 1-bed | 838 sqft | AED 1.3MAED 1,303,879 · Nov 2024November 2024 | 75,000 /yr | |
| 2010 | 1-bed | 838 sqft | AED 1.3MAED 1,303,879 · Oct 2024October 2024 | ||
| 2011 | 1-bed | 838 sqft | AED 1.33MAED 1,331,043 · Nov 2024November 2024 | 85,000 /yr | |
| 2012 | 1-bed | 838 sqft | AED 1.27MAED 1,274,542 · Mar 2025March 2025 | 77,000 /yr | |
| 2013 | 1-bed | 838 sqft | AED 1.34MAED 1,343,810 · Mar 2025March 2025 | ||
| 2014 | 1-bed | 838 sqft | AED 1.26MAED 1,259,303 · Aug 2025August 2025 | 90,000 /yr | |
| 2015 | 2-bed | 1,234 sqft | AED 2.06MAED 2,057,992 · May 2025May 2025 | ||
| 2017 | 2-bed | 1,243 sqft | AED 1.87MAED 1,870,000 · Jul 2024July 2024 | 120,000 /yr | |
| 2018 | 1-bed | 838 sqft | AED 1.36MAED 1,357,030 · Mar 2026March 2026 | 90,000 /yr | |
| 2019 | 1-bed | 838 sqft | AED 1.31MAED 1,312,328 · Oct 2025October 2025 | 75,000 /yr | |
| 2020 | 1-bed | 838 sqft | AED 1.22MAED 1,220,954 · May 2025May 2025 | ||
| 2021 | 1-bed | 838 sqft | AED 1.22MAED 1,220,954 · May 2025May 2025 | 75,000 /yr | |
| 2022 | 1-bed | 838 sqft | AED 1.24MAED 1,236,137 · Nov 2024November 2024 | ||
| 2023 | 1-bed | 838 sqft | AED 1.22MAED 1,223,393 · Nov 2024November 2024 | 75,000 /yr | |
| 2024 | 3-bed | 1,309 sqft | AED 2.34MAED 2,341,686 · Oct 2025October 2025 | ||
| 2025 | 3-bed | 1,700 sqft | AED 2.78MAED 2,779,386 · Apr 2025April 2025 | ||
| 2026 | 1-bed | 799 sqft | AED 1.28MAED 1,284,720 · Feb 2024February 2024 | 80,000 /yr | |
| 2027 | 1-bed | 804 sqft | AED 1.29MAED 1,288,861 · Jun 2024June 2024 | 82,000 /yr | |
| 2028 | 1-bed | 881 sqft | AED 1.4MAED 1,396,325 · Jul 2024July 2024 | 78,000 /yr | |
| 2029 | 1-bed | 880 sqft | AED 1.37MAED 1,365,979 · Jul 2024July 2024 | ||
| 2030 | 1-bed | 878 sqft | AED 1.38MAED 1,377,914 · Aug 2025August 2025 | ||
| 2031 | 1-bed | 863 sqft | AED 1.45MAED 1,451,031 · Jun 2025June 2025 | 85,000 /yr |
2016, Luma Park Views in numbers
- Sold once: by Townx Real Estate Development on 10 December 2024 for AED 2,061,070, or AED 1,587 per sqft.
- Rented since April 2026 on one Ejari contract, at AED 138,462 a year.
- At AED 138,462 a year the gross yield on the 2024 price is 6.7%.
- Three-beds in Luma Park Views sold for AED 1,621,648–3,588,030 in the 12 months to November 2026; the building's median across all types is AED 1,595 per sqft.
Source: Dubai Land Department. Updated 13 April 2026.
Questions about 2016, Luma Park Views
What did unit 2016 last sell for?
AED 2,061,070 on 10 December 2024, sold by the developer: AED 1,587 per sqft for 1,298 sqft. It is the only registered sale of the unit.
What is the rent for unit 2016?
AED 138,462 a year on the contract signed on 13 April 2026.
How big is unit 2016?
1,298 sqft (120.6 sqm): a three-bedroom apartment on the 20th floor of a 24-storey tower completed in 2026.
What is unit 2016 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Luma Park Views sold for AED 1,621,648 to 3,588,030 in the last 12 months, around AED 1,866 per sqft.
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Mortgage on 2016, Luma Park Views
Starts from the last sale price (AED 2.06M, 10 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,061,070
- Deposit, UAE resident (20%)
- AED 412,214
- Deposit, non-resident (40%)
- AED 824,428
- Monthly over 25 years at 3.7%
- AED 8,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →