3-bed · 1,305 sqftLuma Park Views, Jumeirah Village Circle (JVC) · 7th floor · completed 2026

716, Luma Park Views

Sold prices and rental history: sold twice, last in May 2025, and rented once, from May 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 11 May 2026
Last soldAED 2.01M20 May 2025
Current rentAED 130K /yr11 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, Luma Park Views

What is 716 worth today?

Last sold for AED 2,009,088 in 2025

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11 May 2026RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
20 May 2025SoldOff-plan
AED 2,009,088AED 1,539 per sqft
18 Mar 2025Sold by developerOff-plan
AED 2,009,088AED 1,538 per sqft

Source: Dubai Land Department. Updated 11 May 2026.

Key facts

Type
3-bed apartment
Size
1,305 sqft
Floor
7th of 24
Parking
P4-16,P4-17
Developer
Townx Real Estate Development
Completed
2026
Last sold
AED 2.01M · May 2025

About 716, Luma Park Views

716 is a three-bedroom apartment of 1,305 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 . It last sold on 20 May 2025 for AED 2,009,088, or AED 1,539 per sqft, in line with the AED 1,538 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 May 2026. The current contract, signed on 11 May 2026, is AED 130,000 a year: a gross yield of 6.5% on the 2025 price.

Sales and rents for 716 over time

Sales
Unit 716, each saleTypical three-bed in Luma Park Views
2M2.5M20232024202520262027Typical sale price by year: 2023 AED 1,658,626; 2024 AED 1,868,852; 2025 AED 2,261,859; 2026 AED 2,446,670Sold by developer, March 2025: AED 2,009,088 (AED 1,538 per sqft)Sold, May 2025: AED 2,009,088 (AED 1,539 per sqft)

716 has sold twice; the dashed line is the three-bed median of each year in the building.

3-beds in Luma Park Views, and where 716 sits

All 83 3-beds →

716 last sold in May 2025 at AED 1,539 per sqft, in line with what three-beds in Luma Park Views were fetching at the time (AED 1,538). 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. 716's AED 130,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Oct 20262,344,168
15 Sep 20262,300,000
12 Sep 20262,300,000
10 Sep 20263,199,200
40 3-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 1,598 Up 5.3%
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
7031-bedAED 1.2M · Aug 2026
7041-bedAED 1.23M · Jan 2024
7051-bedAED 1.06M · Sep 2023
7061-bedAED 1.07M · Sep 2023
7073-bedAED 1.86M · Nov 2024
1–7 of 30

716, Luma Park Views in numbers

  • Sold twice: first on 18 March 2025 for AED 2,009,088, last on 20 May 2025 for AED 2,009,088 (AED 1,539 per sqft).
  • Rented since May 2026 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2025 price is 6.5%.
  • 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 11 May 2026.

Questions about 716, Luma Park Views

What did unit 716 last sell for?

AED 2,009,088 on 20 May 2025: AED 1,539 per sqft for 1,305 sqft. The unit has 2 registered sales; the first was AED 2,009,088 in March 2025.

What is the rent for unit 716?

AED 130,000 a year on the contract signed on 11 May 2026.

How big is unit 716?

1,305 sqft (121.2 sqm): a three-bedroom apartment on the 7th floor of a 24-storey tower completed in 2026.

What is unit 716 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 716, Luma Park Views

Starts from the last sale price (AED 2.01M, 20 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,009,088
Deposit, UAE resident (20%)
AED 401,818
Deposit, non-resident (40%)
AED 803,635
Monthly over 25 years at 3.7%
AED 8,220

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