705, Luma Park Views
Sold prices and rental history: sold once, by the developer in September 2023, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Luma Park Views
What is 705 worth today?
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Source: Dubai Land Department. Updated 16 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 804 sqft
- Floor
- 7th of 24
- Parking
- 1
- Developer
- Townx Real Estate Development
- Completed
- 2026
- Last sold
- AED 1.06M · September 2023
- Building
- Luma Park Views
About 705, Luma Park Views
705 is a one-bedroom apartment of 804 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 20 September 2023 for AED 1,064,098, or AED 1,324 per sqft, 7% below the AED 1,424 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 16 October 2026. The current contract, signed on 16 October 2026, is AED 80,000 a year: a gross yield of 7.5% on the 2023 price.
Sales and rents for 705 over time
705 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 705 sits
All 432 1-beds →705 last sold in September 2023 at AED 1,324 per sqft, 7% below what one-beds in Luma Park Views were fetching at the time (AED 1,424). 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. 705's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 838 sqft | 1,319,425 | 1,573 | ||
| 3 Nov 20263 November 2026 | 880 sqft | 1,319,425 | 1,499 | ||
| 3 Nov 20263 November 2026 | 880 sqft | 1,319,425 | 1,499 | ||
| 3 Nov 20263 November 2026 | 849 sqft | 1,319,425 | 1,553 |
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 7th floor
All 567 units in Luma Park Views| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,360 sqft | AED 2.01MAED 2,013,375 · Aug 2025August 2025 | 120,000 /yr | |
| 702 | 1-bed | 878 sqft | AED 1.38MAED 1,379,995 · Jul 2025July 2025 | ||
| 703 | 1-bed | 880 sqft | AED 1.2MAED 1,200,472 · Aug 2026August 2026 | 80,000 /yr | |
| 704 | 1-bed | 880 sqft | AED 1.23MAED 1,225,873 · Jan 2024January 2024 | 92,000 /yr | |
| 706 | 1-bed | 805 sqft | AED 1.07MAED 1,065,666 · Sep 2023September 2023 | ||
| 707 | 3-bed | 1,346 sqft | AED 1.86MAED 1,855,727 · Nov 2024November 2024 | 140,000 /yr | |
| 708 | 3-bed | 1,312 sqft | AED 1.82MAED 1,821,297 · Nov 2024November 2024 | 150,000 /yr | |
| 709 | 1-bed | 849 sqft | AED 1.26MAED 1,261,002 · Nov 2024November 2024 | 115,000 /yr | |
| 710 | 1-bed | 849 sqft | AED 1.17MAED 1,171,841 · Nov 2024November 2024 | 90,000 /yr | |
| 711 | 1-bed | 849 sqft | AED 1.22MAED 1,222,790 · Dec 2024December 2024 | 83,000 /yr | |
| 712 | 1-bed | 849 sqft | AED 1.22MAED 1,222,790 · Dec 2024December 2024 | ||
| 713 | 1-bed | 849 sqft | AED 1.28MAED 1,283,930 · Apr 2025April 2025 | ||
| 714 | 1-bed | 849 sqft | AED 1.26MAED 1,261,002 · Nov 2024November 2024 | 80,000 /yr | |
| 715 | 2-bed | 1,239 sqft | AED 1.73MAED 1,734,194 · Feb 2025February 2025 | ||
| 716 | 3-bed | 1,305 sqft | AED 2.01MAED 2,009,088 · May 2025May 2025 | 130,000 /yr | |
| 717 | 2-bed | 1,245 sqft | AED 1.58MAED 1,578,575 · Nov 2023November 2023 | ||
| 718 | 1-bed | 849 sqft | AED 1.08MAED 1,079,605 · Apr 2024April 2024 | 79,786 /yr | |
| 719 | 1-bed | 849 sqft | AED 1.17MAED 1,165,047 · Aug 2024August 2024 | 75,000 /yr | |
| 720 | 1-bed | 849 sqft | AED 1.1MAED 1,102,260 · Dec 2023December 2023 | 75,000 /yr | |
| 721 | 1-bed | 849 sqft | AED 1.08MAED 1,080,647 · Nov 2023November 2023 | 70,000 /yr | |
| 722 | 1-bed | 849 sqft | AED 1.09MAED 1,090,647 · Sep 2026September 2026 | ||
| 723 | 1-bed | 849 sqft | AED 1.06MAED 1,064,437 · Oct 2023October 2023 | 75,000 /yr | |
| 724 | 3-bed | 1,310 sqft | AED 1.67MAED 1,666,380 · Apr 2024April 2024 | 130,000 /yr | |
| 725 | 3-bed | 1,711 sqft | AED 2.41MAED 2,413,004 · Dec 2024December 2024 | ||
| 726 | 1-bed | 807 sqft | AED 1.28MAED 1,277,024 · Sep 2026September 2026 | ||
| 727 | 1-bed | 804 sqft | AED 1.17MAED 1,168,805 · Oct 2023October 2023 | ||
| 728 | 1-bed | 881 sqft | AED 1.33MAED 1,330,853 · Sep 2025September 2025 | 82,500 /yr | |
| 729 | 1-bed | 880 sqft | AED 1.34MAED 1,335,974 · Oct 2025October 2025 | 80,000 /yr | |
| 730 | 1-bed | 880 sqft | AED 1.36MAED 1,356,740 · Sep 2025September 2025 | 120,000 /yr | |
| 731 | 1-bed | 861 sqft | AED 1.29MAED 1,290,983 · Mar 2025March 2025 | 75,000 /yr |
705, Luma Park Views in numbers
- Sold once: by Townx Real Estate Development on 20 September 2023 for AED 1,064,098, or AED 1,324 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 7.5%.
- 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 16 October 2026.
Questions about 705, Luma Park Views
What did unit 705 last sell for?
AED 1,064,098 on 20 September 2023, sold by the developer: AED 1,324 per sqft for 804 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 80,000 a year on the contract signed on 16 October 2026.
How big is unit 705?
804 sqft (74.7 sqm): a one-bedroom apartment on the 7th floor of a 24-storey tower completed in 2026.
What is unit 705 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 705, Luma Park Views
Starts from the last sale price (AED 1.06M, 20 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,064,098
- Deposit, UAE resident (20%)
- AED 212,820
- Deposit, non-resident (40%)
- AED 425,639
- Monthly over 25 years at 3.7%
- AED 4,354
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →