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Studio · 447 sqftLuma21, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

248, Luma21

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

Unit 248 · DLD and Ejari recordsUpdated 7 January 2026
Last soldAED 765K7 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 248, Luma21

What is 248 worth today?

Last sold for AED 765,000 in 2026

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7 Jan 2026SoldReady
AED 765,000AED 1,709 per sqft
19 Aug 2022Sold by developerOff-plan
AED 469,487AED 1,049 per sqft

Source: Dubai Land Department. Updated 7 January 2026.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
2nd of 4
Parking
B25
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 765K · January 2026
Building
Luma21

About 248, Luma21

248 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 . It last sold on 7 January 2026 for AED 765,000, or AED 1,709 per sqft, 8% above the AED 1,586 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 248 over time

Sales
Unit 248, each saleTypical studio in Luma21
400K600K800K202220242026Typical 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 469,487 (AED 1,049 per sqft)Sold, January 2026: AED 765,000 (AED 1,709 per sqft)

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

Rents
Unit 248, 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 248 sits

All 191 studios →

248 last sold in January 2026 at AED 1,709 per sqft, 8% 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.

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

248, Luma21 in numbers

  • Sold twice: first on 19 August 2022 for AED 469,487, last on 7 January 2026 for AED 765,000 (AED 1,709 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 7 January 2026.

Questions about 248, Luma21

What did unit 248 last sell for?

AED 765,000 on 7 January 2026: AED 1,709 per sqft for 447 sqft. The unit has 2 registered sales; the first was AED 469,487 in August 2022.

How big is unit 248?

447 sqft (41.5 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 248 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 248, Luma21

Starts from the last sale price (AED 765K, 7 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 765,000
Deposit, UAE resident (20%)
AED 153,000
Deposit, non-resident (40%)
AED 306,000
Monthly over 25 years at 3.7%
AED 3,130

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