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1-bed · 596 sqftLuma21, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

340, Luma21

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

Unit 340 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 780K18 December 2023
Current rentAED 72K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 340, Luma21

What is 340 worth today?

Last sold for AED 780,000 in 2023

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1 Sep 2025RentedNew contract
AED 72,000/yr12 months · AED 122 per sqft
18 Dec 2023SoldReady
AED 780,000AED 1,308 per sqft
5 Mar 2023RentedNew contract
AED 62,000/yr12 months · AED 105 per sqft
26 Aug 2022Sold by developerOff-plan
AED 602,474AED 1,011 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
3rd of 4
Parking
B37
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 780K · December 2023
Building
Luma21

About 340, Luma21

340 is a one-bedroom apartment of 596 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 18 December 2023 for AED 780,000, or AED 1,308 per sqft, 5% above the AED 1,248 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 September 2025, is AED 72,000 a year: a gross yield of 9.2% on the 2023 price.

Sales and rents for 340 over time

Sales
Unit 340, each saleTypical one-bed in Luma21
750K1M20222023202420252026Typical sale price by year: 2022 AED 758,472; 2023 AED 910,000; 2025 AED 1,100,000Sold by developer, August 2022: AED 602,474 (AED 1,011 per sqft)Sold, December 2023: AED 780,000 (AED 1,308 per sqft)

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

Rents
Unit 340, each contractTypical one-bed in Luma21
60K70K80K20232024202520262027Typical rent by year: 2023 AED 80,000; 2024 AED 80,000; 2025 AED 80,000; 2026 AED 80,000New contract, March 2023: AED 62,000 a yearNew contract, September 2025: AED 72,000 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 340 sits

All 39 1-beds →

340 last sold in December 2023 at AED 1,308 per sqft, 5% above what one-beds in Luma21 were fetching at the time (AED 1,248). 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. 340's AED 72,000 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
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

340, Luma21 in numbers

  • Sold twice: first on 26 August 2022 for AED 602,474, last on 18 December 2023 for AED 780,000 (AED 1,308 per sqft).
  • Rented since March 2023 on 2 Ejari contracts, from AED 62,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2023 price is 9.2%.
  • 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 1 September 2025.

Questions about 340, Luma21

What did unit 340 last sell for?

AED 780,000 on 18 December 2023: AED 1,308 per sqft for 596 sqft. The unit has 2 registered sales; the first was AED 602,474 in August 2022.

What is the rent for unit 340?

AED 72,000 a year on the contract signed on 1 September 2025. The previous contract, from March 2023, was AED 62,000.

How big is unit 340?

596 sqft (55.4 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2023.

What is unit 340 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 340, Luma21

Starts from the last sale price (AED 780K, 18 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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