1-bed · 880 sqftLuma Park Views, Jumeirah Village Circle (JVC) · 7th floor · completed 2026

703, Luma Park Views

Sold prices and rental history: sold once, by the developer in August 2026, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 1.2M25 August 2026
Current rentAED 80K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Luma Park Views

What is 703 worth today?

Last sold for AED 1,200,472 in 2026

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25 Sep 2026RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
25 Aug 2026Sold by developerReady
AED 1,200,472AED 1,364 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
1-bed apartment
Size
880 sqft
Floor
7th of 24
Parking
P4-128
Developer
Townx Real Estate Development
Completed
2026
Last sold
AED 1.2M · August 2026

About 703, Luma Park Views

703 is a one-bedroom apartment of 880 sqft on the 7th 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 25 August 2026 for AED 1,200,472, or AED 1,364 per sqft, 13% below the AED 1,564 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 September 2026. The current contract, signed on 25 September 2026, is AED 80,000 a year: a gross yield of 6.7% on the 2026 price.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Luma Park Views
1.1M1.2M1.3M202320252027Typical 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, August 2026: AED 1,200,472 (AED 1,364 per sqft)

703 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 703 sits

All 432 1-beds →

703 last sold in August 2026 at AED 1,364 per sqft, 13% below what one-beds in Luma Park Views were fetching at the time (AED 1,564). 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. 703's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,319,425
3 Nov 20261,319,425
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 1,595 Up 5.2%
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 7th floor

All 567 units in Luma Park Views
Value
7012-bedAED 2.01M · Aug 2025
7021-bedAED 1.38M · Jul 2025
7041-bedAED 1.23M · Jan 2024
7051-bedAED 1.06M · Sep 2023
7061-bedAED 1.07M · Sep 2023
7073-bedAED 1.86M · Nov 2024
7083-bedAED 1.82M · Nov 2024
1–7 of 30

703, Luma Park Views in numbers

  • Sold once: by Townx Real Estate Development on 25 August 2026 for AED 1,200,472, or AED 1,364 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2026 price is 6.7%.
  • 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 1,595 per sqft.

Source: Dubai Land Department. Updated 25 September 2026.

Questions about 703, Luma Park Views

What did unit 703 last sell for?

AED 1,200,472 on 25 August 2026, sold by the developer: AED 1,364 per sqft for 880 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 80,000 a year on the contract signed on 25 September 2026.

How big is unit 703?

880 sqft (81.8 sqm): a one-bedroom apartment on the 7th floor of a 24-storey tower completed in 2026.

What is unit 703 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 703, Luma Park Views

Starts from the last sale price (AED 1.2M, 25 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,472
Deposit, UAE resident (20%)
AED 240,094
Deposit, non-resident (40%)
AED 480,189
Monthly over 25 years at 3.7%
AED 4,912

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