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Studio · 447 sqftLuma21, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

208, Luma21

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

Unit 208 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 447K31 May 2022
Current rentAED 45K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, Luma21

What is 208 worth today?

Last sold for AED 447,230 in 2022

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15 Sep 2026RentedNew contract
AED 45,000/yr12 months · AED 101 per sqft
8 Aug 2025RentedNew contract
AED 55,000/yr12 months · AED 123 per sqft
23 May 2024RentedNew contract
AED 54,000/yr12 months · AED 121 per sqft
11 May 2023RentedNew contract
AED 53,000/yr12 months · AED 120 per sqft
31 May 2022Sold by developerOff-plan
AED 447,230AED 1,000 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

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

About 208, Luma21

208 is a studio of 447 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 31 May 2022 for AED 447,230, or AED 1,000 per sqft, in line with the AED 1,000 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 15 September 2026, is AED 45,000 a year: a gross yield of 10.1% on the 2022 price.

Sales and rents for 208 over time

Sales
Unit 208, 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, May 2022: AED 447,230 (AED 1,000 per sqft)

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

Rents
Unit 208, each contractTypical studio in Luma21
45K50K55K202320252027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 50,000New contract, May 2023: AED 53,000 a yearNew contract, May 2024: AED 54,000 a yearNew contract, August 2025: AED 55,000 a yearNew contract, September 2026: AED 45,000 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 208 sits

All 191 studios →

208 last sold in May 2022 at AED 1,000 per sqft, in line with what studios in Luma21 were fetching at the time (AED 1,000). 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. 208's AED 45,000 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
202StudioAED 447K · Aug 2022
2031-bedAED 621K · May 2022
204StudioAED 452K · Aug 2022
205StudioAED 456K · Aug 2022
2061-bedAED 950K · May 2023
2071-bedAED 960K · Jan 2024
1–7 of 56

208, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 31 May 2022 for AED 447,230, or AED 1,000 per sqft.
  • Rented since May 2023 on 4 Ejari contracts, from AED 53,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 10.1%.
  • 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 15 September 2026.

Questions about 208, Luma21

What did unit 208 last sell for?

AED 447,230 on 31 May 2022, sold by the developer: AED 1,000 per sqft for 447 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 45,000 a year on the contract signed on 15 September 2026. The previous contract, from August 2025, was AED 55,000; the unit has been rented since May 2023.

How big is unit 208?

447 sqft (41.5 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 208 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 208, Luma21

Starts from the last sale price (AED 447K, 31 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 447,230
Deposit, UAE resident (20%)
AED 89,446
Deposit, non-resident (40%)
AED 178,892
Monthly over 25 years at 3.7%
AED 1,830

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