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Studio · 551 sqftLuma21, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

149, Luma21

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

Unit 149 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 685K1 May 2024
Current rentAED 50K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 149, Luma21

What is 149 worth today?

Last sold for AED 685,000 in 2024

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1 Jul 2025RentedRenewal
AED 50,000/yr12 months · AED 91 per sqft
1 Jul 2024RentedNew contract
AED 50,000/yr12 months · AED 91 per sqft
1 May 2024SoldReady
AED 685,000AED 1,242 per sqft
1 Jul 2023RentedNew contract
AED 50,000/yr12 months · AED 91 per sqft
10 Oct 2022Sold by developerOff-plan
AED 542,097AED 980 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
Studio apartment
Size
551 sqft
Floor
1st of 4
Parking
G57
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 685K · May 2024
Building
Luma21

About 149, Luma21

149 is a studio of 551 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 1 May 2024 for AED 685,000, or AED 1,242 per sqft, 13% below the AED 1,426 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 50,000 a year: a gross yield of 7.3% on the 2024 price.

Sales and rents for 149 over time

Sales
Unit 149, 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 542,097 (AED 980 per sqft)Sold, May 2024: AED 685,000 (AED 1,242 per sqft)

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

Rents
Unit 149, each contractTypical studio in Luma21
48K50K53K20232024202520262027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 50,000New contract, July 2023: AED 50,000 a yearNew contract, July 2024: AED 50,000 a yearRenewal, July 2025: AED 50,000 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 149 sits

All 191 studios →

149 last sold in May 2024 at AED 1,242 per sqft, 13% below what studios in Luma21 were fetching at the time (AED 1,426). 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. 149's AED 50,000 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

149, Luma21 in numbers

  • Sold twice: first on 10 October 2022 for AED 542,097, last on 1 May 2024 for AED 685,000 (AED 1,242 per sqft).
  • Rented since July 2023 on 3 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 7.3%.
  • 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 1 July 2025.

Questions about 149, Luma21

What did unit 149 last sell for?

AED 685,000 on 1 May 2024: AED 1,242 per sqft for 551 sqft. The unit has 2 registered sales; the first was AED 542,097 in October 2022.

What is the rent for unit 149?

AED 50,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 50,000; the unit has been rented since July 2023.

How big is unit 149?

551 sqft (51.2 sqm): a studio on the 1st floor of a 4-storey tower completed in 2023.

What is unit 149 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 149, Luma21

Starts from the last sale price (AED 685K, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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