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1-bed · 696 sqftLuma21, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

301, Luma21

Sold prices and rental history: sold once, by the developer in September 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 25 October 2026
Last soldAED 696K5 September 2022
Current rentAED 73K /yr25 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, Luma21

What is 301 worth today?

Last sold for AED 696,031 in 2022

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25 Oct 2026RentedNew contract
AED 73,000/yr12 months · AED 105 per sqft
15 Mar 2025RentedRenewal
AED 92,000/yr6 months · AED 132 per sqft
15 Mar 2024RentedNew contract
AED 90,000/yr12 months · AED 129 per sqft
15 Mar 2023RentedNew contract
AED 90,000/yr12 months · AED 131 per sqft
5 Sep 2022Sold by developerOff-plan
AED 696,031AED 999 per sqft

Source: Dubai Land Department. Updated 25 October 2026.

Key facts

Type
1-bed apartment
Size
696 sqft
Floor
3rd of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 696K · September 2022
Building
Luma21

About 301, Luma21

301 is a one-bedroom apartment of 696 sqft on the 3rd 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 5 September 2022 for AED 696,031, or AED 999 per sqft, in line with the AED 1,001 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 25 October 2026, is AED 73,000 a year: a gross yield of 10.5% on the 2022 price.

Sales and rents for 301 over time

Sales
Unit 301, 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, September 2022: AED 696,031 (AED 999 per sqft)

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

Rents
Unit 301, each contractTypical one-bed in Luma21
70K80K90K202320252027Typical rent by year: 2023 AED 80,000; 2024 AED 80,000; 2025 AED 80,000; 2026 AED 80,000New contract, March 2023: AED 90,000 a yearNew contract, March 2024: AED 90,000 a yearRenewal, March 2025: AED 92,000 a yearNew contract, October 2026: AED 73,000 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 301 sits

All 39 1-beds →

301 last sold in September 2022 at AED 999 per sqft, in line with what one-beds in Luma21 were fetching at the time (AED 1,001). 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. 301's AED 73,000 is in the lower 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 3rd floor

All 238 units in Luma21
Value
302StudioAED 452K · Aug 2022
3031-bedAED 1000K · May 2024
304StudioAED 443K · Jun 2022
305StudioAED 650K · Oct 2024
3061-bedAED 1.19M · Oct 2023
3071-bedAED 758K · Sep 2022
308StudioAED 447K · Sep 2022
1–7 of 56

301, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 5 September 2022 for AED 696,031, or AED 999 per sqft.
  • Rented since March 2023 on 4 Ejari contracts, from AED 90,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2022 price is 10.5%.
  • 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 25 October 2026.

Questions about 301, Luma21

What did unit 301 last sell for?

AED 696,031 on 5 September 2022, sold by the developer: AED 999 per sqft for 696 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 73,000 a year on the contract signed on 25 October 2026. The previous contract, from March 2025, was AED 92,000; the unit has been rented since March 2023.

How big is unit 301?

696 sqft (64.7 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2023.

What is unit 301 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 301, Luma21

Starts from the last sale price (AED 696K, 5 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 696,031
Deposit, UAE resident (20%)
AED 139,206
Deposit, non-resident (40%)
AED 278,412
Monthly over 25 years at 3.7%
AED 2,848

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