Studio · 426 sqftLuma21, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

142, Luma21

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 142 · DLD and Ejari recordsUpdated 6 June 2026
Last soldAED 690K24 July 2024
Current rentAED 55K /yr6 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 142, Luma21

What is 142 worth today?

Last sold for AED 690,000 in 2024

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6 Jun 2026RentedRenewal
AED 55,000/yr12 months · AED 131 per sqft
6 Jun 2025RentedRenewal
AED 59,000/yr12 months · AED 141 per sqft
6 Jun 2025RentedRenewal
AED 59,000/yr12 months · AED 141 per sqft
24 Jul 2024SoldReady
AED 690,000AED 1,619 per sqft
6 Jun 2024RentedRenewal
AED 59,000/yr12 months · AED 141 per sqft
6 Jun 2023RentedNew contract
AED 59,000/yr12 months · AED 141 per sqft
1 Sep 2022Sold by developerOff-plan
AED 429,468AED 1,009 per sqft

Source: Dubai Land Department. Updated 6 June 2026.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
1st of 4
Parking
G61
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 690K · July 2024
Building
Luma21

About 142, Luma21

142 is a studio of 426 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 24 July 2024 for AED 690,000, or AED 1,619 per sqft, 10% above the AED 1,472 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 6 June 2026, is AED 55,000 a year: a gross yield of 8.0% on the 2024 price.

Sales and rents for 142 over time

Sales
Unit 142, 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 429,468 (AED 1,009 per sqft)Sold, July 2024: AED 690,000 (AED 1,619 per sqft)

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

Rents
Unit 142, each contractTypical studio in Luma21
50K55K60K20232024202520262027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 50,000New contract, June 2023: AED 59,000 a yearRenewal, June 2024: AED 59,000 a yearRenewal, June 2025: AED 59,000 a yearRenewal, June 2025: AED 59,000 a yearRenewal, June 2026: AED 55,000 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 142 sits

All 191 studios →

142 last sold in July 2024 at AED 1,619 per sqft, 10% above what studios in Luma21 were fetching at the time (AED 1,472). 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. 142's AED 55,000 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

142, Luma21 in numbers

  • Sold twice: first on 1 September 2022 for AED 429,468, last on 24 July 2024 for AED 690,000 (AED 1,619 per sqft).
  • Rented since June 2023 on 5 Ejari contracts, from AED 59,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 8.0%.
  • 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 6 June 2026.

Questions about 142, Luma21

What did unit 142 last sell for?

AED 690,000 on 24 July 2024: AED 1,619 per sqft for 426 sqft. The unit has 2 registered sales; the first was AED 429,468 in September 2022.

What is the rent for unit 142?

AED 55,000 a year on the contract renewed on 6 June 2026. The previous contract, from June 2025, was AED 59,000; the unit has been rented since June 2023.

How big is unit 142?

426 sqft (39.6 sqm): a studio on the 1st floor of a 4-storey tower completed in 2023.

What is unit 142 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 142, Luma21

Starts from the last sale price (AED 690K, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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