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Studio · 452 sqftLuma21, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

202, Luma21

Sold prices and rental history: sold once, by the developer in August 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 6 September 2026
Last soldAED 447K16 August 2022
Current rentAED 50K /yr6 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 202, Luma21

What is 202 worth today?

Last sold for AED 447,142 in 2022

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6 Sep 2026RentedNew contract
AED 50,000/yr12 months · AED 111 per sqft
12 May 2025RentedRenewal
AED 55,000/yr12 months · AED 122 per sqft
12 May 2024RentedNew contract
AED 55,000/yr12 months · AED 122 per sqft
17 Apr 2023RentedNew contract
AED 52,000/yr12 months · AED 115 per sqft
16 Aug 2022Sold by developerOff-plan
AED 447,142AED 990 per sqft

Source: Dubai Land Department. Updated 6 September 2026.

Key facts

Type
Studio apartment
Size
452 sqft
Floor
2nd of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 447K · August 2022
Building
Luma21

About 202, Luma21

202 is a studio of 452 sqft on the 2nd 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 16 August 2022 for AED 447,142, or AED 990 per sqft, in line with the AED 1,010 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 6 September 2026, is AED 50,000 a year: a gross yield of 11.2% on the 2022 price.

Sales and rents for 202 over time

Sales
Unit 202, 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 447,142 (AED 990 per sqft)

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

Rents
Unit 202, each contractTypical studio in Luma21
50K55K202320252027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 50,000New contract, April 2023: AED 52,000 a yearNew contract, May 2024: AED 55,000 a yearRenewal, May 2025: AED 55,000 a yearNew contract, September 2026: 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 202 sits

All 191 studios →

202 last sold in August 2022 at AED 990 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. 202'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 2nd floor

All 238 units in Luma21
Value
2011-bedAED 778K · Nov 2022
2031-bedAED 621K · May 2022
204StudioAED 452K · Aug 2022
205StudioAED 456K · Aug 2022
2061-bedAED 950K · May 2023
2071-bedAED 960K · Jan 2024
208StudioAED 447K · May 2022
1–7 of 56

202, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 16 August 2022 for AED 447,142, or AED 990 per sqft.
  • Rented since April 2023 on 4 Ejari contracts, from AED 52,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 11.2%.
  • 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 September 2026.

Questions about 202, Luma21

What did unit 202 last sell for?

AED 447,142 on 16 August 2022, sold by the developer: AED 990 per sqft for 452 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 50,000 a year on the contract signed on 6 September 2026. The previous contract, from May 2025, was AED 55,000; the unit has been rented since April 2023.

How big is unit 202?

452 sqft (42.0 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 202 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 202, Luma21

Starts from the last sale price (AED 447K, 16 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 447,142
Deposit, UAE resident (20%)
AED 89,428
Deposit, non-resident (40%)
AED 178,857
Monthly over 25 years at 3.7%
AED 1,829

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