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1-bed · 621 sqftLuma21, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

203, Luma21

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

Unit 203 · DLD and Ejari recordsUpdated 6 February 2024
Last soldAED 621K11 May 2022
Current rentAED 55K /yr6 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, Luma21

What is 203 worth today?

Last sold for AED 621,270 in 2022

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6 Feb 2024RentedRenewal
AED 55,000/yr12 months · AED 90 per sqft
6 Feb 2024RentedRenewal
AED 55,000/yr12 months · AED 88 per sqft
6 Feb 2023RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft
11 May 2022Sold by developerOff-plan
AED 621,270AED 1,001 per sqft

Source: Dubai Land Department. Updated 6 February 2024.

Key facts

Type
1-bed apartment
Size
621 sqft
Floor
2nd of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 621K · May 2022
Building
Luma21

About 203, Luma21

203 is a one-bedroom apartment of 621 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 11 May 2022 for AED 621,270, or AED 1,001 per sqft.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 6 February 2024, is AED 55,000 a year: a gross yield of 8.8% on the 2022 price.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Luma21
750K1M20222023202420252026Typical sale price by year: 2022 AED 758,472; 2023 AED 910,000; 2025 AED 1,100,000Sold by developer, May 2022: AED 621,270 (AED 1,001 per sqft)

203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, each contractTypical one-bed in Luma21
60K80K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 80,000; 2025 AED 80,000; 2026 AED 80,000New contract, February 2023: AED 55,000 a yearRenewal, February 2024: AED 55,000 a yearRenewal, February 2024: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Luma21, and where 203 sits

All 39 1-beds →

Over the last 12 months one-beds sold for AED 984,000, around AED 1,103 per sqft, and rent for AED 68,000 to 95,000 a year. 203's AED 55,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jun 2026984,000
22 Oct 2025860,000
23 Sep 20251,235,000
26 Jun 20251,000,000
1 1-bed sale 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
202StudioAED 447K · Aug 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

203, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 11 May 2022 for AED 621,270, or AED 1,001 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 8.8%.
  • One-beds in Luma21 sold for AED 984,000–984,000 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 February 2024.

Questions about 203, Luma21

What did unit 203 last sell for?

AED 621,270 on 11 May 2022, sold by the developer: AED 1,001 per sqft for 621 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 55,000 a year on the contract renewed on 6 February 2024. The previous contract, from February 2024, was AED 55,000; the unit has been rented since February 2023.

How big is unit 203?

621 sqft (57.7 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Luma21 sold for AED 984,000 to 984,000 in the last 12 months, around AED 1,103 per sqft.

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Mortgage on 203, Luma21

Starts from the last sale price (AED 621K, 11 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 621,270
Deposit, UAE resident (20%)
AED 124,254
Deposit, non-resident (40%)
AED 248,508
Monthly over 25 years at 3.7%
AED 2,542

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