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Studio · 421 sqftLuma21, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

335, Luma21

Sold prices and rental history: sold 3 times, last in March 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 335 · DLD and Ejari recordsUpdated 27 August 2023
Last soldAED 510K28 March 2023
Current rentAED 65K /yr27 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 335, Luma21

What is 335 worth today?

Last sold for AED 510,000 in 2023

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27 Aug 2023RentedNew contract
AED 65,000/yr12 months · AED 154 per sqft
5 Jun 2023RentedNew contract
AED 65,000/yr12 months · AED 154 per sqft
28 Mar 2023SoldReady
AED 510,000AED 1,210 per sqft
17 Mar 2023SoldReady
AED 510,000AED 3,108 per sqft
16 Aug 2022Sold by developerOff-plan
AED 424,957AED 1,010 per sqft

Source: Dubai Land Department. Updated 27 August 2023.

Key facts

Type
Studio apartment
Size
421 sqft
Floor
3rd of 4
Parking
B71
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 510K · March 2023
Building
Luma21

About 335, Luma21

335 is a studio of 421 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 28 March 2023 for AED 510,000, or AED 1,210 per sqft, 18% above the AED 1,029 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 27 August 2023, is AED 65,000 a year: a gross yield of 12.8% on the 2023 price.

Sales and rents for 335 over time

Sales
Unit 335, 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, August 2022: AED 424,957 (AED 1,010 per sqft)Sold, March 2023: AED 510,000 (AED 1,210 per sqft)Sold, March 2023: AED 510,000 (AED 3,108 per sqft)

335 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 335, each contractTypical studio in Luma21
50K60K20232024202520262027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 50,000New contract, June 2023: AED 65,000 a yearNew contract, August 2023: AED 65,000 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 335 sits

All 191 studios →

335 last sold in March 2023 at AED 1,210 per sqft, 18% above what studios in Luma21 were fetching at the time (AED 1,029). 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. 335's AED 65,000 is in the upper 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

335, Luma21 in numbers

  • Sold 3 times: first on 16 August 2022 for AED 424,957, last on 28 March 2023 for AED 510,000 (AED 1,210 per sqft).
  • Rented since June 2023 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 12.8%.
  • 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 27 August 2023.

Questions about 335, Luma21

What did unit 335 last sell for?

AED 510,000 on 28 March 2023: AED 1,210 per sqft for 421 sqft. The unit has 3 registered sales; the first was AED 424,957 in August 2022.

What is the rent for unit 335?

AED 65,000 a year on the contract signed on 27 August 2023. The previous contract, from June 2023, was AED 65,000.

How big is unit 335?

421 sqft (39.1 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2023.

What is unit 335 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 335, Luma21

Starts from the last sale price (AED 510K, 28 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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