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

449, Luma21

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

Unit 449 · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 610K16 November 2023
Current rentAED 55K /yr5 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 449, Luma21

What is 449 worth today?

Last sold for AED 610,000 in 2023

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5 Jan 2026RentedNew contract
AED 55,000/yr12 months · AED 122 per sqft
3 Jan 2025RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
3 Jan 2025RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
1 Apr 2024RentedRenewal
AED 48,000/yr12 months · AED 109 per sqft
16 Nov 2023SoldReady
AED 610,000AED 1,361 per sqft
1 Apr 2023RentedNew contract
AED 48,000/yr12 months · AED 106 per sqft
1 Sep 2022Sold by developerOff-plan
AED 447,350AED 1,000 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type
Studio apartment
Size
448 sqft
Floor
4th of 4
Parking
B74
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 610K · November 2023
Building
Luma21

About 449, Luma21

449 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 16 November 2023 for AED 610,000, or AED 1,361 per sqft, 4% above the AED 1,304 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 5 January 2026, is AED 55,000 a year: a gross yield of 9.0% on the 2023 price.

Sales and rents for 449 over time

Sales
Unit 449, 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, September 2022: AED 447,350 (AED 1,000 per sqft)Sold, November 2023: AED 610,000 (AED 1,361 per sqft)

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

Rents
Unit 449, 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, April 2023: AED 48,000 a yearRenewal, April 2024: AED 48,000 a yearNew contract, January 2025: AED 60,000 a yearNew contract, January 2025: AED 60,000 a yearNew contract, January 2026: 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 449 sits

All 191 studios →

449 last sold in November 2023 at AED 1,361 per sqft, 4% above what studios in Luma21 were fetching at the time (AED 1,304). 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. 449'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

449, Luma21 in numbers

  • Sold twice: first on 1 September 2022 for AED 447,350, last on 16 November 2023 for AED 610,000 (AED 1,361 per sqft).
  • Rented since April 2023 on 5 Ejari contracts, from AED 48,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 9.0%.
  • 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 5 January 2026.

Questions about 449, Luma21

What did unit 449 last sell for?

AED 610,000 on 16 November 2023: AED 1,361 per sqft for 448 sqft. The unit has 2 registered sales; the first was AED 447,350 in September 2022.

What is the rent for unit 449?

AED 55,000 a year on the contract signed on 5 January 2026. The previous contract, from January 2025, was AED 60,000; the unit has been rented since April 2023.

How big is unit 449?

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

What is unit 449 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 449, Luma21

Starts from the last sale price (AED 610K, 16 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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