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Studio · 422 sqftLuma21, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

132, Luma21

Sold prices and rental history: sold twice, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 132 · DLD and Ejari recordsUpdated 7 February 2023
Last soldAED 485K7 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 132, Luma21

What is 132 worth today?

Last sold for AED 485,000 in 2023

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7 Feb 2023SoldOff-plan
AED 485,000AED 1,149 per sqft
3 Oct 2022Sold by developerOff-plan
AED 423,850AED 1,004 per sqft

Source: Dubai Land Department. Updated 7 February 2023.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
1st of 4
Parking
G16
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 485K · February 2023
Building
Luma21

About 132, Luma21

132 is a studio of 422 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 7 February 2023 for AED 485,000, or AED 1,149 per sqft, 14% above 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 132 over time

Sales
Unit 132, 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, October 2022: AED 423,850 (AED 1,004 per sqft)Sold, February 2023: AED 485,000 (AED 1,149 per sqft)

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

Rents
Unit 132, 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 132 sits

All 191 studios →

132 last sold in February 2023 at AED 1,149 per sqft, 14% above 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

132, Luma21 in numbers

  • Sold twice: first on 3 October 2022 for AED 423,850, last on 7 February 2023 for AED 485,000 (AED 1,149 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 7 February 2023.

Questions about 132, Luma21

What did unit 132 last sell for?

AED 485,000 on 7 February 2023: AED 1,149 per sqft for 422 sqft. The unit has 2 registered sales; the first was AED 423,850 in October 2022.

How big is unit 132?

422 sqft (39.2 sqm): a studio on the 1st floor of a 4-storey tower completed in 2023.

What is unit 132 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 132, Luma21

Starts from the last sale price (AED 485K, 7 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

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