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Studio · 422 sqftLuma21, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

227, Luma21

Sold prices and rental history: sold 3 times, last in February 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 227 · DLD and Ejari recordsUpdated 11 February 2026
Last soldAED 665K11 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 227, Luma21

What is 227 worth today?

Last sold for AED 665,000 in 2026

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11 Feb 2026SoldReady
AED 665,000AED 1,574 per sqft
27 Feb 2023SoldOff-plan
AED 525,000AED 1,243 per sqft
13 Jul 2022Sold by developerOff-plan
AED 426,270AED 1,010 per sqft

Source: Dubai Land Department. Updated 11 February 2026.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
2nd of 4
Parking
G55
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 665K · February 2026
Building
Luma21

About 227, Luma21

227 is a studio of 422 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 11 February 2026 for AED 665,000, or AED 1,574 per sqft, in line with the AED 1,580 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 227 over time

Sales
Unit 227, 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, July 2022: AED 426,270 (AED 1,010 per sqft)Sold, February 2023: AED 525,000 (AED 1,243 per sqft)Sold, February 2026: AED 665,000 (AED 1,574 per sqft)

227 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 227, each contractTypical studio in Luma21
48K50K53K20232024202520262027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 50,000

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

Studios in Luma21, and where 227 sits

All 191 studios →

227 last sold in February 2026 at AED 1,574 per sqft, in line with what studios in Luma21 were fetching at the time (AED 1,580). 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.

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

227, Luma21 in numbers

  • Sold 3 times: first on 13 July 2022 for AED 426,270, last on 11 February 2026 for AED 665,000 (AED 1,574 per sqft).
  • 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 11 February 2026.

Questions about 227, Luma21

What did unit 227 last sell for?

AED 665,000 on 11 February 2026: AED 1,574 per sqft for 422 sqft. The unit has 3 registered sales; the first was AED 426,270 in July 2022.

How big is unit 227?

422 sqft (39.2 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 227 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 227, Luma21

Starts from the last sale price (AED 665K, 11 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 665,000
Deposit, UAE resident (20%)
AED 133,000
Deposit, non-resident (40%)
AED 266,000
Monthly over 25 years at 3.7%
AED 2,721

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