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Studio · 422 sqftLuma21, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

320, Luma21

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 320 · DLD and Ejari recordsUpdated 25 August 2026
Last soldAED 655K13 December 2024
Current rentAED 50K /yr25 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 320, Luma21

What is 320 worth today?

Last sold for AED 655,000 in 2024

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25 Aug 2026RentedNew contract
AED 50,000/yr12 months · AED 118 per sqft
8 Feb 2026RentedRenewal
AED 60,999/yr8 months · AED 145 per sqft
8 Feb 2025RentedNew contract
AED 61,000/yr12 months · AED 145 per sqft
8 Feb 2025RentedNew contract
AED 61,000/yr12 months · AED 145 per sqft
13 Dec 2024SoldReady
AED 655,000AED 1,551 per sqft
14 Mar 2023Sold by developerReady
AED 550,645AED 1,304 per sqft

Source: Dubai Land Department. Updated 25 August 2026.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
3rd of 4
Parking
B130
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 655K · December 2024
Building
Luma21

About 320, Luma21

320 is a studio of 422 sqft on the 3rd floor of Luma21, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Townx Real Estate Development . It last sold on 13 December 2024 for AED 655,000, or AED 1,551 per sqft, 3% above the AED 1,503 studios in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 25 August 2026, is AED 50,000 a year: a gross yield of 7.6% on the 2024 price.

Sales and rents for 320 over time

Sales
Unit 320, each saleTypical studio in Luma21
400K600K202220242026Typical 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, March 2023: AED 550,645 (AED 1,304 per sqft)Sold, December 2024: AED 655,000 (AED 1,551 per sqft)

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

Rents
Unit 320, each contractTypical studio in Luma21
50K60K202320252027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 50,000New contract, February 2025: AED 61,000 a yearNew contract, February 2025: AED 61,000 a yearRenewal, February 2026: AED 60,999 a yearNew contract, August 2026: AED 50,000 a year

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

Studios in Luma21, and where 320 sits

All 191 studios →

320 last sold in December 2024 at AED 1,551 per sqft, 3% above what studios in Luma21 were fetching at the time (AED 1,503). 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. 320's AED 50,000 is in the lower half of that range.

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 3rd floor

All 238 units in Luma21
Value
3011-bedAED 696K · Sep 2022
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
1–7 of 56

320, Luma21 in numbers

  • Sold twice: first on 14 March 2023 for AED 550,645, last on 13 December 2024 for AED 655,000 (AED 1,551 per sqft).
  • Rented since February 2025 on 4 Ejari contracts, from AED 61,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 7.6%.
  • 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 2026.

Questions about 320, Luma21

What did unit 320 last sell for?

AED 655,000 on 13 December 2024: AED 1,551 per sqft for 422 sqft. The unit has 2 registered sales; the first was AED 550,645 in March 2023.

What is the rent for unit 320?

AED 50,000 a year on the contract signed on 25 August 2026. The previous contract, from February 2026, was AED 60,999; the unit has been rented since February 2025.

How big is unit 320?

422 sqft (39.2 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2023.

What is unit 320 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 320, Luma21

Starts from the last sale price (AED 655K, 13 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 655,000
Deposit, UAE resident (20%)
AED 131,000
Deposit, non-resident (40%)
AED 262,000
Monthly over 25 years at 3.7%
AED 2,680

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