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3-bed · 1,184 sqftLuma21, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

234, Luma21

Sold prices and rental history: sold once, by the developer in October 2022, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 234 · DLD and Ejari recordsUpdated 19 July 2026
Last soldAED 1.2M3 October 2022
Current rentAED 117K /yr19 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 234, Luma21

What is 234 worth today?

Last sold for AED 1,195,859 in 2022

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19 Jul 2026RentedNew contract
AED 117,000/yr12 months · AED 99 per sqft
1 May 2026RentedRenewal
AED 79,500/yr12 months · AED 67 per sqft
1 May 2025RentedNew contract
AED 135,000/yr12 months · AED 114 per sqft
1 May 2025RentedNew contract
AED 135,000/yr12 months · AED 114 per sqft
20 Apr 2024RentedNew contract
AED 125,000/yr12 months · AED 106 per sqft
3 Oct 2022Sold by developerOff-plan
AED 1,195,859AED 1,010 per sqft

Source: Dubai Land Department. Updated 19 July 2026.

Key facts

Type
3-bed apartment
Size
1,184 sqft
Floor
2nd of 4
Parking
G73, G74
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 1.2M · October 2022
Building
Luma21

About 234, Luma21

234 is a three-bedroom apartment of 1,184 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 3 October 2022 for AED 1,195,859, or AED 1,010 per sqft.

It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, signed on 19 July 2026, is AED 117,000 a year: a gross yield of 9.8% on the 2022 price.

Sales and rents for 234 over time

Rents
Unit 234, each contractTypical three-bed in Luma21
100K150K202320252027Typical rent by year: 2023 AED 120,000; 2024 AED 130,000; 2025 AED 140,000; 2026 AED 130,000New contract, April 2024: AED 125,000 a yearNew contract, May 2025: AED 135,000 a yearNew contract, May 2025: AED 135,000 a yearRenewal, May 2026: AED 79,500 a yearNew contract, July 2026: AED 117,000 a year

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

3-beds in Luma21, and where 234 sits

All 5 3-beds →

234's AED 117,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Mar 20251,690,000
19 Dec 20231,253,250
25 Oct 20221,195,859
17 Oct 20221,290,472
0 3-bed 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

234, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 3 October 2022 for AED 1,195,859, or AED 1,010 per sqft.
  • Rented since April 2024 on 5 Ejari contracts. The rent fell from AED 125,000 to AED 79,500 in 2026 and recovered to AED 117,000 by July 2026.
  • At AED 117,000 a year the gross yield on the 2022 price is 9.8%.

Source: Dubai Land Department. Updated 19 July 2026.

Questions about 234, Luma21

What did unit 234 last sell for?

AED 1,195,859 on 3 October 2022, sold by the developer: AED 1,010 per sqft for 1,184 sqft. It is the only registered sale of the unit.

What is the rent for unit 234?

AED 117,000 a year on the contract signed on 19 July 2026. The previous contract, from May 2026, was AED 79,500; the unit has been rented since April 2024.

How big is unit 234?

1,184 sqft (110.0 sqm): a three-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 234 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 234, Luma21

Starts from the last sale price (AED 1.2M, 3 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,195,859
Deposit, UAE resident (20%)
AED 239,172
Deposit, non-resident (40%)
AED 478,344
Monthly over 25 years at 3.7%
AED 4,893

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