Studio · 446 sqftLuma21, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

108, Luma21

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 21 October 2026
Last soldAED 570K6 November 2023
Current rentAED 44K /yr21 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Luma21

What is 108 worth today?

Last sold for AED 570,000 in 2023

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21 Oct 2026RentedNew contract
AED 44,000/yr12 months · AED 100 per sqft
26 Feb 2025RentedRenewal
AED 57,000/yr12 months · AED 129 per sqft
26 Feb 2024RentedNew contract
AED 57,000/yr12 months · AED 129 per sqft
6 Nov 2023SoldReady
AED 570,000AED 1,277 per sqft
15 Feb 2023RentedNew contract
AED 45,000/yr12 months · AED 102 per sqft
8 Sep 2022Sold by developerOff-plan
AED 451,601AED 1,009 per sqft

Source: Dubai Land Department. Updated 21 October 2026.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
1st of 4
Parking
G49
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 570K · November 2023
Building
Luma21

About 108, Luma21

108 is a studio of 446 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 6 November 2023 for AED 570,000, or AED 1,277 per sqft, in line with the AED 1,304 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 21 October 2026, is AED 44,000 a year: a gross yield of 7.7% on the 2023 price.

Sales and rents for 108 over time

Sales
Unit 108, 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, September 2022: AED 451,601 (AED 1,009 per sqft)Sold, November 2023: AED 570,000 (AED 1,277 per sqft)

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

Rents
Unit 108, each contractTypical studio in Luma21
50K202320252027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 50,000New contract, February 2023: AED 45,000 a yearNew contract, February 2024: AED 57,000 a yearRenewal, February 2025: AED 57,000 a yearNew contract, October 2026: AED 44,000 a year

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

Studios in Luma21, and where 108 sits

All 191 studios →

108 last sold in November 2023 at AED 1,277 per sqft, in line with what studios in Luma21 were fetching at the time (AED 1,304). 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. 108's AED 44,000 is in the lower half of that range.

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
102StudioAED 715K · May 2024
1031-bedAED 984K · Jun 2026
104StudioAED 507K · May 2022
105StudioAED 800K · Jan 2026
1061-bedAED 865K · Jul 2022
1071-bedAED 744K · Aug 2022
1–7 of 54

108, Luma21 in numbers

  • Sold twice: first on 8 September 2022 for AED 451,601, last on 6 November 2023 for AED 570,000 (AED 1,277 per sqft).
  • Rented since February 2023 on 4 Ejari contracts, from AED 45,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2023 price is 7.7%.
  • 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 21 October 2026.

Questions about 108, Luma21

What did unit 108 last sell for?

AED 570,000 on 6 November 2023: AED 1,277 per sqft for 446 sqft. The unit has 2 registered sales; the first was AED 451,601 in September 2022.

What is the rent for unit 108?

AED 44,000 a year on the contract signed on 21 October 2026. The previous contract, from February 2025, was AED 57,000; the unit has been rented since February 2023.

How big is unit 108?

446 sqft (41.4 sqm): a studio on the 1st floor of a 4-storey tower completed in 2023.

What is unit 108 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 108, Luma21

Starts from the last sale price (AED 570K, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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