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Studio · 446 sqftLuma21, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

346, Luma21

Sold prices and rental history: sold once, by the developer 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 346 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 584K14 March 2023
Current rentAED 45K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 346, Luma21

What is 346 worth today?

Last sold for AED 583,505 in 2023

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1 Dec 2025RentedNew contract
AED 45,000/yr12 months · AED 101 per sqft
1 Jun 2024RentedNew contract
AED 47,000/yr12 months · AED 105 per sqft
1 Jun 2023RentedNew contract
AED 47,000/yr12 months · AED 106 per sqft
14 Mar 2023Sold by developerReady
AED 583,505AED 1,307 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
3rd of 4
Parking
B108
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 584K · March 2023
Building
Luma21

About 346, Luma21

346 is a studio of 446 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 14 March 2023 for AED 583,505, or AED 1,307 per sqft, 27% above the AED 1,029 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 December 2025, is AED 45,000 a year: a gross yield of 7.7% on the 2023 price.

Sales and rents for 346 over time

Sales
Unit 346, 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 583,505 (AED 1,307 per sqft)

346 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 346, each contractTypical studio in Luma21
45K50K55K20232024202520262027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 50,000New contract, June 2023: AED 47,000 a yearNew contract, June 2024: AED 47,000 a yearNew contract, December 2025: AED 45,000 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 346 sits

All 191 studios →

346 last sold in March 2023 at AED 1,307 per sqft, 27% 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. 346's AED 45,000 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

346, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 14 March 2023 for AED 583,505, or AED 1,307 per sqft.
  • Rented since June 2023 on 3 Ejari contracts, from AED 47,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 7.7%.
  • 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 1 December 2025.

Questions about 346, Luma21

What did unit 346 last sell for?

AED 583,505 on 14 March 2023, sold by the developer: AED 1,307 per sqft for 446 sqft. It is the only registered sale of the unit.

What is the rent for unit 346?

AED 45,000 a year on the contract signed on 1 December 2025. The previous contract, from June 2024, was AED 47,000; the unit has been rented since June 2023.

How big is unit 346?

446 sqft (41.4 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2023.

What is unit 346 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 346, Luma21

Starts from the last sale price (AED 584K, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 583,505
Deposit, UAE resident (20%)
AED 116,701
Deposit, non-resident (40%)
AED 233,402
Monthly over 25 years at 3.7%
AED 2,387

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