Studio · 423 sqftLuma21, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

230, Luma21

Sold prices and rental history: sold twice, last in January 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 230 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 730K7 January 2026
Current rentAED 70K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 230, Luma21

What is 230 worth today?

Last sold for AED 730,000 in 2026

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1 Feb 2026RentedNew contract
AED 70,000/yr12 months · AED 167 per sqft
7 Jan 2026SoldReady
AED 730,000AED 1,725 per sqft
1 Oct 2025RentedNew contract
AED 70,000/yr12 months · AED 167 per sqft
24 Aug 2022Sold by developerOff-plan
AED 444,070AED 1,052 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
423 sqft
Floor
2nd of 4
Parking
G62
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 730K · January 2026
Building
Luma21

About 230, Luma21

230 is a studio of 423 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 7 January 2026 for AED 730,000, or AED 1,725 per sqft, 9% above the AED 1,586 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 February 2026, is AED 70,000 a year: a gross yield of 9.6% on the 2026 price.

Sales and rents for 230 over time

Sales
Unit 230, 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, August 2022: AED 444,070 (AED 1,052 per sqft)Sold, January 2026: AED 730,000 (AED 1,725 per sqft)

230 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 230, each contractTypical studio in Luma21
50K60K70K20232024202520262027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 50,000New contract, October 2025: AED 70,000 a yearNew contract, February 2026: AED 70,000 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 230 sits

All 191 studios →

230 last sold in January 2026 at AED 1,725 per sqft, 9% above what studios in Luma21 were fetching at the time (AED 1,586). 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. 230's AED 70,000 is in the upper 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

230, Luma21 in numbers

  • Sold twice: first on 24 August 2022 for AED 444,070, last on 7 January 2026 for AED 730,000 (AED 1,725 per sqft).
  • Rented since October 2025 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2026 price is 9.6%.
  • 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 1 February 2026.

Questions about 230, Luma21

What did unit 230 last sell for?

AED 730,000 on 7 January 2026: AED 1,725 per sqft for 423 sqft. The unit has 2 registered sales; the first was AED 444,070 in August 2022.

What is the rent for unit 230?

AED 70,000 a year on the contract signed on 1 February 2026. The previous contract, from October 2025, was AED 70,000.

How big is unit 230?

423 sqft (39.3 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 230 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 230, Luma21

Starts from the last sale price (AED 730K, 7 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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