Home
Dubai prices
About
Research
Studio · 447 sqftLuma21, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

112, Luma21

Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 29 August 2022
Last soldAED 452K29 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 112

Property timeline for 112, Luma21

What is 112 worth today?

Last sold for AED 451,609 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

29 Aug 2022Sold by developerOff-plan
AED 451,609AED 1,010 per sqft

Source: Dubai Land Department. Updated 29 August 2022.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
1st of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 452K · August 2022
Building
Luma21

About 112, Luma21

112 is a studio of 447 sqft on the 1st floor of Luma21, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Townx Real Estate Development . The developer sold it on 29 August 2022 for AED 451,609, or AED 1,010 per sqft, in line with the AED 1,010 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 112 over time

Sales
Unit 112, 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, August 2022: AED 451,609 (AED 1,010 per sqft)

112 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 112, 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 112 sits

All 191 studios →

112 last sold in August 2022 at AED 1,010 per sqft, in line with what studios in Luma21 were fetching at the time (AED 1,010). 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
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

112, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 29 August 2022 for AED 451,609, or AED 1,010 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 August 2022.

Questions about 112, Luma21

What did unit 112 last sell for?

AED 451,609 on 29 August 2022, sold by the developer: AED 1,010 per sqft for 447 sqft. It is the only registered sale of the unit.

How big is unit 112?

447 sqft (41.5 sqm): a studio on the 1st floor of a 4-storey tower completed in 2023.

What is unit 112 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.

Selling 112? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 112, Luma21

Starts from the last sale price (AED 452K, 29 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 451,609
Deposit, UAE resident (20%)
AED 90,322
Deposit, non-resident (40%)
AED 180,644
Monthly over 25 years at 3.7%
AED 1,848

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