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1-bed · 761 sqftLuma21, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

206, Luma21

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

Unit 206 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 950K2 May 2023
Current rentAED 90K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Luma21

What is 206 worth today?

Last sold for AED 950,000 in 2023

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15 Oct 2026RentedRenewal
AED 90,000/yr12 months · AED 118 per sqft
15 Oct 2025RentedNew contract
AED 95,000/yr12 months · AED 125 per sqft
1 Jul 2024RentedNew contract
AED 93,000/yr12 months · AED 122 per sqft
21 Dec 2023RentedNew contract
AED 90,000/yr6 months · AED 118 per sqft
6 May 2023RentedNew contract
AED 90,000/yr12 months · AED 118 per sqft
2 May 2023SoldReady
AED 950,000AED 1,248 per sqft
22 Aug 2022Sold by developerOff-plan
AED 761,010AED 999 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
2nd of 4
Parking
B13
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 950K · May 2023
Building
Luma21

About 206, Luma21

206 is a one-bedroom apartment of 761 sqft on the 2nd floor of Luma21, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Townx Real Estate Development . It last sold on 2 May 2023 for AED 950,000, or AED 1,248 per sqft, 23% above the AED 1,011 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 90,000 a year: a gross yield of 9.5% on the 2023 price.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical one-bed in Luma21
800K1M20222023202420252026Typical sale price by year: 2022 AED 758,472; 2023 AED 910,000; 2025 AED 1,100,000Sold by developer, August 2022: AED 761,010 (AED 999 per sqft)Sold, May 2023: AED 950,000 (AED 1,248 per sqft)

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

Rents
Unit 206, each contractTypical one-bed in Luma21
80K90K202320252027Typical rent by year: 2023 AED 80,000; 2024 AED 80,000; 2025 AED 80,000; 2026 AED 80,000New contract, May 2023: AED 90,000 a yearNew contract, December 2023: AED 90,000 a yearNew contract, July 2024: AED 93,000 a yearNew contract, October 2025: AED 95,000 a yearRenewal, October 2026: AED 90,000 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 206 sits

All 39 1-beds →

206 last sold in May 2023 at AED 1,248 per sqft, 23% above what one-beds in Luma21 were fetching at the time (AED 1,011). 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. 206's AED 90,000 is in the upper half 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
2031-bedAED 621K · May 2022
204StudioAED 452K · Aug 2022
205StudioAED 456K · Aug 2022
2071-bedAED 960K · Jan 2024
208StudioAED 447K · May 2022
1–7 of 56

206, Luma21 in numbers

  • Sold twice: first on 22 August 2022 for AED 761,010, last on 2 May 2023 for AED 950,000 (AED 1,248 per sqft).
  • Rented since May 2023 on 5 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 9.5%.
  • 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 15 October 2026.

Questions about 206, Luma21

What did unit 206 last sell for?

AED 950,000 on 2 May 2023: AED 1,248 per sqft for 761 sqft. The unit has 2 registered sales; the first was AED 761,010 in August 2022.

What is the rent for unit 206?

AED 90,000 a year on the contract renewed on 15 October 2026. The previous contract, from October 2025, was AED 95,000; the unit has been rented since May 2023.

How big is unit 206?

761 sqft (70.7 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 206 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 206, Luma21

Starts from the last sale price (AED 950K, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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