516, Luma Park Views
Sold prices and rental history: sold once, by the developer in April 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Luma Park Views
What is 516 worth today?
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Source: Dubai Land Department. Updated 13 April 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,315 sqft
- Floor
- 5th of 24
- Parking
- P4-110,P4-111
- Developer
- Townx Real Estate Development
- Completed
- 2026
- Last sold
- AED 2.3M · April 2026
- Building
- Luma Park Views
About 516, Luma Park Views
516 is a three-bedroom apartment of 1,315 sqft on the 5th 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 13 April 2026 for AED 2,300,003, or AED 1,748 per sqft, 3% below the AED 1,804 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 516 over time
516 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 516 sits
All 83 3-beds →516 last sold in April 2026 at AED 1,748 per sqft, 3% below what three-beds in Luma Park Views were fetching at the time (AED 1,804). 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.
| 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 . 265 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 5th floor
All 567 units in Luma Park Views| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 885 sqft | AED 1.5MAED 1,500,000 · May 2026May 2026 | ||
| 502 | 1-bed | 1,250 sqft | AED 1.56MAED 1,558,268 · Aug 2025August 2025 | ||
| 503 | 1-bed | 1,249 sqft | AED 1.59MAED 1,590,732 · Jul 2024July 2024 | 85,000 /yr | |
| 504 | 1-bed | 1,252 sqft | AED 1.56MAED 1,562,433 · Jul 2025July 2025 | 80,000 /yr | |
| 505 | 1-bed | 995 sqft | AED 1.21MAED 1,209,338 · Oct 2024October 2024 | 108,000 /yr | |
| 506 | 1-bed | 999 sqft | AED 1.35MAED 1,348,070 · Jan 2025January 2025 | 100,000 /yr | |
| 507 | 3-bed | 1,534 sqft | AED 2.18MAED 2,182,056 · Feb 2025February 2025 | ||
| 508 | 3-bed | 1,321 sqft | AED 2.34MAED 2,344,168 · Oct 2026October 2026 | ||
| 509 | 1-bed | 849 sqft | AED 1.29MAED 1,292,881 · May 2025May 2025 | 80,000 /yr | |
| 510 | 1-bed | 849 sqft | AED 1.3MAED 1,300,838 · May 2025May 2025 | ||
| 511 | 1-bed | 849 sqft | AED 1.29MAED 1,293,675 · May 2025May 2025 | 85,000 /yr | |
| 512 | 1-bed | 849 sqft | AED 1.29MAED 1,293,675 · Jun 2025June 2025 | ||
| 513 | 1-bed | 849 sqft | AED 1.31MAED 1,313,846 · Aug 2025August 2025 | 80,000 /yr | |
| 514 | 1-bed | 849 sqft | AED 1.27MAED 1,266,440 · May 2025May 2025 | 73,000 /yr | |
| 515 | 2-bed | 1,266 sqft | AED 2.02MAED 2,016,824 · Aug 2026August 2026 | 140,000 /yr | |
| 518 | 1-bed | 867 sqft | AED 1.23MAED 1,226,532 · Apr 2025April 2025 | ||
| 519 | 1-bed | 849 sqft | AED 1.15MAED 1,153,075 · Apr 2025April 2025 | ||
| 520 | 1-bed | 849 sqft | AED 1.2MAED 1,196,009 · Jun 2025June 2025 | 70,000 /yr | |
| 521 | 1-bed | 867 sqft | AED 1.16MAED 1,157,228 · Jul 2026July 2026 | ||
| 522 | 1-bed | 867 sqft | AED 1.4MAED 1,397,000 · Feb 2026February 2026 | 94,745 /yr | |
| 523 | 1-bed | 867 sqft | AED 1.35MAED 1,350,003 · Dec 2025December 2025 | ||
| 524 | 3-bed | 1,320 sqft | AED 2.43MAED 2,429,100 · May 2026May 2026 | ||
| 526 | 1-bed | 1,005 sqft | AED 1.35MAED 1,349,994 · May 2025May 2025 | 85,000 /yr | |
| 527 | 1-bed | 995 sqft | AED 1.44MAED 1,441,815 · Sep 2025September 2025 | ||
| 528 | 1-bed | 1,252 sqft | AED 1.48MAED 1,481,056 · Oct 2025October 2025 | ||
| 529 | 1-bed | 1,250 sqft | AED 1.59MAED 1,594,983 · Dec 2025December 2025 | ||
| 530 | 1-bed | 1,249 sqft | AED 1.59MAED 1,586,846 · Oct 2025October 2025 | ||
| 531 | 1-bed | 862 sqft | AED 1.22MAED 1,221,248 · Aug 2026August 2026 |
516, Luma Park Views in numbers
- Sold once: by Townx Real Estate Development on 13 April 2026 for AED 2,300,003, or AED 1,748 per sqft.
- 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 1,598 per sqft.
Source: Dubai Land Department. Updated 13 April 2026.
Questions about 516, Luma Park Views
What did unit 516 last sell for?
AED 2,300,003 on 13 April 2026, sold by the developer: AED 1,748 per sqft for 1,315 sqft. It is the only registered sale of the unit.
How big is unit 516?
1,315 sqft (122.2 sqm): a three-bedroom apartment on the 5th floor of a 24-storey tower completed in 2026.
What is unit 516 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 516, Luma Park Views
Starts from the last sale price (AED 2.3M, 13 April 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,003
- Deposit, UAE resident (20%)
- AED 460,001
- Deposit, non-resident (40%)
- AED 920,001
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →