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Studio · 422 sqftLuma21, Jumeirah Village Circle (JVC) · 4th floor · completed 2023

437, Luma21

Sold prices and rental history: sold twice, last in April 2025, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 437 · DLD and Ejari recordsUpdated 25 February 2026
Last soldAED 670K24 April 2025
Current rentAED 65K /yr25 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 437, Luma21

What is 437 worth today?

Last sold for AED 670,000 in 2025

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25 Feb 2026RentedNew contract
AED 65,000/yr12 months · AED 154 per sqft
24 Apr 2025SoldReady
AED 670,000AED 1,586 per sqft
23 Aug 2022Sold by developerOff-plan
AED 444,525AED 1,053 per sqft

Source: Dubai Land Department. Updated 25 February 2026.

Key facts

Type
Studio apartment
Size
422 sqft
Floor
4th of 4
Parking
B55
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 670K · April 2025
Building
Luma21

About 437, Luma21

437 is a studio of 422 sqft on the 4th floor of Luma21, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Townx Real Estate Development . It last sold on 24 April 2025 for AED 670,000, or AED 1,586 per sqft, 5% above the AED 1,515 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 February 2026. The current contract, signed on 25 February 2026, is AED 65,000 a year: a gross yield of 9.7% on the 2025 price.

Sales and rents for 437 over time

Sales
Unit 437, 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 444,525 (AED 1,053 per sqft)Sold, April 2025: AED 670,000 (AED 1,586 per sqft)

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

Rents
Unit 437, 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, February 2026: 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 437 sits

All 191 studios →

437 last sold in April 2025 at AED 1,586 per sqft, 5% above what studios in Luma21 were fetching at the time (AED 1,515). 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. 437'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 4th floor

All 238 units in Luma21
Value
4011-bedAED 965K · Nov 2023
402StudioAED 487K · Sep 2022
4031-bedAED 675K · Aug 2022
404StudioAED 482K · Sep 2022
405StudioAED 487K · Sep 2022
4061-bedAED 769K · Aug 2022
4071-bedAED 805K · Aug 2022
1–7 of 56

437, Luma21 in numbers

  • Sold twice: first on 23 August 2022 for AED 444,525, last on 24 April 2025 for AED 670,000 (AED 1,586 per sqft).
  • Rented since February 2026 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2025 price is 9.7%.
  • 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 25 February 2026.

Questions about 437, Luma21

What did unit 437 last sell for?

AED 670,000 on 24 April 2025: AED 1,586 per sqft for 422 sqft. The unit has 2 registered sales; the first was AED 444,525 in August 2022.

What is the rent for unit 437?

AED 65,000 a year on the contract signed on 25 February 2026.

How big is unit 437?

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

What is unit 437 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 437, Luma21

Starts from the last sale price (AED 670K, 24 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

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