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2-bed · 1,144 sqftLuma21, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

217, Luma21

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 1.18M29 August 2022
Current rentAED 120K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 217, Luma21

What is 217 worth today?

Last sold for AED 1,177,936 in 2022

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20 Jul 2026RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
1 Jun 2025RentedNew contract
AED 135,000/yr12 months · AED 118 per sqft
1 Jun 2025RentedNew contract
AED 135,000/yr12 months · AED 118 per sqft
29 Aug 2022Sold by developerOff-plan
AED 1,177,936AED 1,029 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
2-bed apartment
Size
1,144 sqft
Floor
2nd of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 1.18M · August 2022
Building
Luma21

About 217, Luma21

217 is a two-bedroom apartment of 1,144 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 29 August 2022 for AED 1,177,936, or AED 1,029 per sqft.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 20 July 2026, is AED 120,000 a year: a gross yield of 10.2% on the 2022 price.

Sales and rents for 217 over time

Rents
Unit 217, each contractTypical two-bed in Luma21
120K130K202520262027Typical rent by year: 2025 AED 125,000; 2026 AED 120,000New contract, June 2025: AED 135,000 a yearNew contract, June 2025: AED 135,000 a yearNew contract, July 2026: AED 120,000 a year

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

2-beds in Luma21, and where 217 sits

All 3 2-beds →

Over the last 12 months two-beds sold for AED 1,630,000, around AED 1,424 per sqft, and rent for AED 115,000 to 132,000 a year. 217's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Dec 20251,630,000
17 May 20231,200,000
5 Oct 20221,246,447
26 May 20221,155,065
1 2-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
2061-bedAED 950K · May 2023
2071-bedAED 960K · Jan 2024
1–7 of 56

217, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 29 August 2022 for AED 1,177,936, or AED 1,029 per sqft.
  • Rented since June 2025 on 3 Ejari contracts, from AED 135,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 10.2%.
  • Two-beds in Luma21 sold for AED 1,630,000–1,630,000 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 20 July 2026.

Questions about 217, Luma21

What did unit 217 last sell for?

AED 1,177,936 on 29 August 2022, sold by the developer: AED 1,029 per sqft for 1,144 sqft. It is the only registered sale of the unit.

What is the rent for unit 217?

AED 120,000 a year on the contract signed on 20 July 2026. The previous contract, from June 2025, was AED 135,000; the unit has been rented since June 2025.

How big is unit 217?

1,144 sqft (106.3 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 217 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Luma21 sold for AED 1,630,000 to 1,630,000 in the last 12 months, around AED 1,424 per sqft.

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Mortgage on 217, Luma21

Starts from the last sale price (AED 1.18M, 29 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,177,936
Deposit, UAE resident (20%)
AED 235,587
Deposit, non-resident (40%)
AED 471,174
Monthly over 25 years at 3.7%
AED 4,819

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