1-bed · 982 sqftLuma21, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

257, Luma21

Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 257 · DLD and Ejari recordsUpdated 22 September 2025
Last soldAED 857K1 November 2022
Current rentAED 92K /yr22 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 257, Luma21

What is 257 worth today?

Last sold for AED 857,286 in 2022

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22 Sep 2025RentedNew contract
AED 92,000/yr12 months · AED 94 per sqft
1 Nov 2022Sold by developerOff-plan
AED 857,286AED 872 per sqft

Source: Dubai Land Department. Updated 22 September 2025.

Key facts

Type
1-bed apartment
Size
982 sqft
Floor
2nd of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 857K · November 2022
Building
Luma21

About 257, Luma21

257 is a one-bedroom apartment of 982 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 1 November 2022 for AED 857,286, or AED 872 per sqft, 14% below the AED 1,010 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 September 2025. The current contract, signed on 22 September 2025, is AED 92,000 a year: a gross yield of 10.7% on the 2022 price.

Sales and rents for 257 over time

Sales
Unit 257, each saleTypical one-bed in Luma21
800K1M20222023202420252026Typical sale price by year: 2022 AED 758,472; 2023 AED 910,000; 2025 AED 1,100,000Sold by developer, November 2022: AED 857,286 (AED 872 per sqft)

257 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 257, each contractTypical one-bed in Luma21
80K90K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 80,000; 2025 AED 80,000; 2026 AED 80,000New contract, September 2025: AED 92,000 a year

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

1-beds in Luma21, and where 257 sits

All 39 1-beds →

257 last sold in November 2022 at AED 872 per sqft, 14% below what one-beds in Luma21 were fetching at the time (AED 1,010). Over the last 12 months one-beds sold for AED 984,000, around AED 1,103 per sqft, and rent for AED 68,000 to 95,000 a year. 257's AED 92,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jun 2026984,000
22 Oct 2025860,000
23 Sep 20251,235,000
26 Jun 20251,000,000
1 1-bed sale 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

257, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 1 November 2022 for AED 857,286, or AED 872 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2022 price is 10.7%.
  • One-beds in Luma21 sold for AED 984,000–984,000 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 22 September 2025.

Questions about 257, Luma21

What did unit 257 last sell for?

AED 857,286 on 1 November 2022, sold by the developer: AED 872 per sqft for 982 sqft. It is the only registered sale of the unit.

What is the rent for unit 257?

AED 92,000 a year on the contract signed on 22 September 2025.

How big is unit 257?

982 sqft (91.2 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 257 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Luma21 sold for AED 984,000 to 984,000 in the last 12 months, around AED 1,103 per sqft.

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Mortgage on 257, Luma21

Starts from the last sale price (AED 857K, 1 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 857,286
Deposit, UAE resident (20%)
AED 171,457
Deposit, non-resident (40%)
AED 342,914
Monthly over 25 years at 3.7%
AED 3,507

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