246, Luma21
Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 246, Luma21
What is 246 worth today?
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Source: Dubai Land Department. Updated 25 August 2022.
Key facts
- Type
- Studio apartment
- Size
- 447 sqft
- Floor
- 2nd of 4
- Parking
- 1
- Developer
- Townx Real Estate Development
- Completed
- 2023
- Last sold
- AED 469K · August 2022
- Building
- Luma21
About 246, Luma21
246 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 25 August 2022 for AED 469,487, or AED 1,049 per sqft, 4% above the AED 1,010 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 246 over time
246 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Luma21, and where 246 sits
All 191 studios →246 last sold in August 2022 at AED 1,049 per sqft, 4% above what studios in Luma21 were fetching at the time (AED 1,010). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 446 sqft | 660,000 | 1,479 | ||
| 25 Jun 202625 June 2026 | 422 sqft | 580,000 | 1,373 | ||
| 26 Mar 202626 March 2026 | 552 sqft | 735,000 | 1,330 | ||
| 3 Mar 20263 March 2026 | 447 sqft | 760,000 | 1,698 |
Luma21
Building238 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%
Other units on the 2nd floor
All 238 units in Luma21| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 696 sqft | AED 778KAED 777,805 · Nov 2022November 2022 | 80,000 /yr | |
| 202 | Studio | 452 sqft | AED 447KAED 447,142 · Aug 2022August 2022 | 50,000 /yr | |
| 203 | 1-bed | 621 sqft | AED 621KAED 621,270 · May 2022May 2022 | 55,000 /yr | |
| 204 | Studio | 447 sqft | AED 452KAED 451,701 · Aug 2022August 2022 | 44,000 /yr | |
| 205 | Studio | 451 sqft | AED 456KAED 456,146 · Aug 2022August 2022 | ||
| 206 | 1-bed | 761 sqft | AED 950KAED 950,000 · May 2023May 2023 | 90,000 /yr | |
| 207 | 1-bed | 767 sqft | AED 960KAED 960,000 · Jan 2024January 2024 | 62,000 /yr | |
| 208 | Studio | 447 sqft | AED 447KAED 447,230 · May 2022May 2022 | 45,000 /yr | |
| 209 | Studio | 447 sqft | AED 447KAED 446,952 · Aug 2022August 2022 | 55,000 /yr | |
| 210 | Studio | 447 sqft | AED 447KAED 446,952 · Aug 2022August 2022 | 45,000 /yr | |
| 211 | Studio | 447 sqft | AED 447KAED 446,852 · Aug 2022August 2022 | 45,000 /yr | |
| 212 | Studio | 447 sqft | AED 447KAED 446,852 · Aug 2022August 2022 | 57,500 /yr | |
| 213 | Studio | 447 sqft | AED 447KAED 446,952 · Aug 2022August 2022 | 55,000 /yr | |
| 214 | Studio | 447 sqft | AED 447KAED 446,952 · Aug 2022August 2022 | 42,000 /yr | |
| 215 | Studio | 447 sqft | AED 447KAED 446,952 · Aug 2022August 2022 | 43,000 /yr | |
| 216 | Studio | 489 sqft | AED 494KAED 493,526 · Dec 2022December 2022 | 50,000 /yr | |
| 217 | 2-bed | 1,144 sqft | AED 1.18MAED 1,177,936 · Aug 2022August 2022 | 120,000 /yr | |
| 218 | Studio | 420 sqft | AED 510KAED 510,000 · Feb 2023February 2023 | 38,000 /yr | |
| 219 | Studio | 422 sqft | AED 640KAED 640,000 · Jun 2024June 2024 | 47,250 /yr | |
| 220 | Studio | 422 sqft | AED 551KAED 550,645 · Mar 2023March 2023 | 55,000 /yr | |
| 221 | Studio | 422 sqft | AED 551KAED 550,645 · Mar 2023March 2023 | 45,000 /yr | |
| 222 | Studio | 422 sqft | AED 650KAED 650,000 · Aug 2025August 2025 | 41,000 /yr | |
| 223 | Studio | 422 sqft | AED 640KAED 640,000 · Jun 2024June 2024 | 57,000 /yr | |
| 224 | Studio | 422 sqft | AED 551KAED 550,645 · Mar 2023March 2023 | 45,000 /yr | |
| 225 | Studio | 422 sqft | AED 635KAED 635,000 · Oct 2024October 2024 | 41,000 /yr | |
| 226 | Studio | 422 sqft | AED 551KAED 550,645 · Mar 2023March 2023 | 40,000 /yr | |
| 227 | Studio | 422 sqft | AED 665KAED 665,000 · Feb 2026February 2026 | ||
| 228 | Studio | 422 sqft | AED 551KAED 550,645 · Mar 2023March 2023 | 44,500 /yr | |
| 229 | Studio | 421 sqft | AED 551KAED 550,645 · Mar 2023March 2023 | 45,375 /yr | |
| 230 | Studio | 423 sqft | AED 730KAED 730,000 · Jan 2026January 2026 | 70,000 /yr | |
| 231 | Studio | 422 sqft | AED 428KAED 427,983 · Aug 2022August 2022 | 52,462 /yr | |
| 232 | Studio | 422 sqft | AED 426KAED 426,270 · Aug 2022August 2022 | 40,000 /yr | |
| 233 | Studio | 422 sqft | AED 413KAED 413,482 · Aug 2022August 2022 | 49,000 /yr | |
| 234 | 3-bed | 1,184 sqft | AED 1.2MAED 1,195,859 · Oct 2022October 2022 | 117,000 /yr | |
| 235 | Studio | 421 sqft | AED 421KAED 420,750 · Jun 2022June 2022 | 55,000 /yr | |
| 236 | Studio | 422 sqft | AED 450KAED 450,000 · Feb 2023February 2023 | 42,000 /yr | |
| 237 | Studio | 422 sqft | AED 417KAED 417,477 · Aug 2022August 2022 | ||
| 238 | Studio | 422 sqft | AED 422KAED 421,840 · Aug 2022August 2022 | 50,000 /yr | |
| 239 | Studio | 427 sqft | AED 500KAED 500,000 · Feb 2023February 2023 | 50,000 /yr | |
| 240 | 1-bed | 596 sqft | AED 610KAED 609,530 · Aug 2022August 2022 | ||
| 241 | Studio | 422 sqft | AED 685KAED 685,000 · Sep 2024September 2024 | 60,000 /yr | |
| 242 | Studio | 425 sqft | AED 680KAED 680,000 · Apr 2025April 2025 | 45,000 /yr | |
| 243 | 1-bed | 761 sqft | AED 769KAED 768,609 · Aug 2022August 2022 | 85,000 /yr | |
| 244 | 1-bed | 761 sqft | AED 761KAED 761,000 · Aug 2022August 2022 | 80,000 /yr | |
| 245 | Studio | 452 sqft | AED 585KAED 585,000 · Jul 2023July 2023 | 46,000 /yr | |
| 247 | Studio | 447 sqft | AED 456KAED 456,145 · Aug 2022August 2022 | 55,000 /yr | |
| 248 | Studio | 447 sqft | AED 765KAED 765,000 · Jan 2026January 2026 | ||
| 249 | Studio | 447 sqft | AED 451KAED 451,000 · Aug 2022August 2022 | 63,000 /yr | |
| 250 | 1-bed | 700 sqft | AED 1.3MAED 1,300,000 · Apr 2025April 2025 | ||
| 251 | 1-bed | 699 sqft | AED 1MAED 1,000,000 · Jun 2025June 2025 | ||
| 252 | Studio | 447 sqft | AED 452KAED 451,924 · Aug 2022August 2022 | ||
| 253 | Studio | 447 sqft | AED 447KAED 447,230 · Aug 2022August 2022 | 50,000 /yr | |
| 254 | Studio | 447 sqft | AED 575KAED 575,000 · May 2023May 2023 | 52,000 /yr | |
| 255 | Studio | 447 sqft | AED 443KAED 442,667 · Aug 2022August 2022 | 56,000 /yr | |
| 256 | Studio | 447 sqft | AED 443KAED 442,775 · Sep 2022September 2022 | 42,500 /yr | |
| 257 | 1-bed | 982 sqft | AED 857KAED 857,286 · Nov 2022November 2022 | 92,000 /yr |
246, Luma21 in numbers
- Sold once: by Townx Real Estate Development on 25 August 2022 for AED 469,487, or AED 1,049 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 25 August 2022.
Questions about 246, Luma21
What did unit 246 last sell for?
AED 469,487 on 25 August 2022, sold by the developer: AED 1,049 per sqft for 447 sqft. It is the only registered sale of the unit.
How big is unit 246?
447 sqft (41.5 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2023.
What is unit 246 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.
Selling 246? Put it on the OpenOffers board
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Mortgage on 246, Luma21
Starts from the last sale price (AED 469K, 25 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 469,487
- Deposit, UAE resident (20%)
- AED 93,897
- Deposit, non-resident (40%)
- AED 187,795
- Monthly over 25 years at 3.7%
- AED 1,921
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →