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Studio · 556 sqftLuma21, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

102, Luma21

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 29 May 2024
Last soldAED 715K29 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 102, Luma21

What is 102 worth today?

Last sold for AED 715,000 in 2024

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29 May 2024SoldReady
AED 715,000AED 1,285 per sqft
1 Nov 2022Sold by developerOff-plan
AED 541,154AED 969 per sqft

Source: Dubai Land Department. Updated 29 May 2024.

Key facts

Type
Studio apartment
Size
556 sqft
Floor
1st of 4
Parking
G89
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 715K · May 2024
Building
Luma21

About 102, Luma21

102 is a studio of 556 sqft on the 1st floor of Luma21, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Townx Real Estate Development . It last sold on 29 May 2024 for AED 715,000, or AED 1,285 per sqft, 10% below the AED 1,428 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical studio in Luma21
400K600K202220242026Typical sale price by year: 2022 AED 447,230; 2023 AED 550,645; 2024 AED 657,500; 2025 AED 687,500; 2026 AED 732,500Sold by developer, November 2022: AED 541,154 (AED 969 per sqft)Sold, May 2024: AED 715,000 (AED 1,285 per sqft)

102 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 102, each contractTypical studio in Luma21
48K50K53K20232024202520262027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 50,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Luma21, and where 102 sits

All 191 studios →

102 last sold in May 2024 at AED 1,285 per sqft, 10% below what studios in Luma21 were fetching at the time (AED 1,428). Over the last 12 months studios sold for AED 300,000 to 800,000, around AED 1,479 per sqft, and rent for AED 37,948 to 79,500 a year.

Recent studio salesUnit no.Price (AED)Summary
2 Nov 2026660,000
25 Jun 2026580,000
26 Mar 2026735,000
3 Mar 2026760,000
9 studio sales in the last 12 months

Luma21

Building

238 apartments, studios to 3-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2023 by Townx Real Estate Development . 11 sold in the last 12 months.

Typical price per sqft
AED 1,436 Down 7.1%
Typical sale
AED 735K
Typical rent
AED 55K /yr
Typical yield
7.9%
Luma21, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 238 units in Luma21
Value
1011-bedAED 780K · Oct 2022
1031-bedAED 984K · Jun 2026
104StudioAED 507K · May 2022
105StudioAED 800K · Jan 2026
1061-bedAED 865K · Jul 2022
1071-bedAED 744K · Aug 2022
108StudioAED 570K · Nov 2023
1–7 of 54

102, Luma21 in numbers

  • Sold twice: first on 1 November 2022 for AED 541,154, last on 29 May 2024 for AED 715,000 (AED 1,285 per sqft).
  • Studios in Luma21 sold for AED 300,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,436 per sqft.

Source: Dubai Land Department. Updated 29 May 2024.

Questions about 102, Luma21

What did unit 102 last sell for?

AED 715,000 on 29 May 2024: AED 1,285 per sqft for 556 sqft. The unit has 2 registered sales; the first was AED 541,154 in November 2022.

How big is unit 102?

556 sqft (51.7 sqm): a studio on the 1st floor of a 4-storey tower completed in 2023.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Luma21 sold for AED 300,000 to 800,000 in the last 12 months, around AED 1,479 per sqft.

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Mortgage on 102, Luma21

Starts from the last sale price (AED 715K, 29 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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