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Studio · 448 sqftLuma21, Jumeirah Village Circle (JVC) · 4th floor · completed 2023

447, Luma21

Sold prices and rental history: sold twice, 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 447 · DLD and Ejari recordsUpdated 27 December 2025
Last soldAED 540K31 March 2023
Current rentAED 55K /yr27 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 447, Luma21

What is 447 worth today?

Last sold for AED 540,000 in 2023

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27 Dec 2025RentedNew contract
AED 55,000/yr12 months · AED 122 per sqft
6 Apr 2025RentedNew contract
AED 50,000/yr12 months · AED 111 per sqft
7 Apr 2023RentedNew contract
AED 50,000/yr12 months · AED 111 per sqft
31 Mar 2023SoldReady
AED 540,000AED 1,206 per sqft
2 Jun 2022Sold by developerOff-plan
AED 456,173AED 1,020 per sqft

Source: Dubai Land Department. Updated 27 December 2025.

Key facts

Type
Studio apartment
Size
448 sqft
Floor
4th of 4
Parking
B65
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 540K · March 2023
Building
Luma21

About 447, Luma21

447 is a studio of 448 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 31 March 2023 for AED 540,000, or AED 1,206 per sqft, 17% 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 27 December 2025, is AED 55,000 a year: a gross yield of 10.2% on the 2023 price.

Sales and rents for 447 over time

Sales
Unit 447, 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, June 2022: AED 456,173 (AED 1,020 per sqft)Sold, March 2023: AED 540,000 (AED 1,206 per sqft)

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

Rents
Unit 447, each contractTypical studio in Luma21
50K55K20232024202520262027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 50,000New contract, April 2023: AED 50,000 a yearNew contract, April 2025: AED 50,000 a yearNew contract, December 2025: AED 55,000 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 447 sits

All 191 studios →

447 last sold in March 2023 at AED 1,206 per sqft, 17% 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. 447's AED 55,000 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 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

447, Luma21 in numbers

  • Sold twice: first on 2 June 2022 for AED 456,173, last on 31 March 2023 for AED 540,000 (AED 1,206 per sqft).
  • Rented since April 2023 on 3 Ejari contracts, from AED 50,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 10.2%.
  • 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 December 2025.

Questions about 447, Luma21

What did unit 447 last sell for?

AED 540,000 on 31 March 2023: AED 1,206 per sqft for 448 sqft. The unit has 2 registered sales; the first was AED 456,173 in June 2022.

What is the rent for unit 447?

AED 55,000 a year on the contract signed on 27 December 2025. The previous contract, from April 2025, was AED 50,000; the unit has been rented since April 2023.

How big is unit 447?

448 sqft (41.6 sqm): a studio on the 4th floor of a 4-storey tower completed in 2023.

What is unit 447 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 447, Luma21

Starts from the last sale price (AED 540K, 31 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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