G23, Luma21
Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G23, Luma21
What is G23 worth today?
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Source: Dubai Land Department. Updated 30 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 503 sqft
- Floor
- Ground of 4
- Parking
- G07
- Developer
- Townx Real Estate Development
- Completed
- 2023
- Last sold
- AED 739K · October 2025
- Building
- Luma21
About G23, Luma21
G23 is a studio of 503 sqft on the ground floor of Luma21, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Townx Real Estate Development . It last sold on 21 October 2025 for AED 739,000, or AED 1,468 per sqft, 5% below the AED 1,546 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 30 September 2026, is AED 53,000 a year: a gross yield of 7.2% on the 2025 price.
Sales and rents for G23 over time
G23 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Luma21, and where G23 sits
All 191 studios →G23 last sold in October 2025 at AED 1,468 per sqft, 5% below what studios in Luma21 were fetching at the time (AED 1,546). 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. G23's AED 53,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 446 sqft | 660,000 | 1,479 | ||
| 25 Jun 202625 June 2026 | 422 sqft | 580,000 | 1,373 | ||
| 26 Mar 202626 March 2026 | 552 sqft | 735,000 | 1,330 | ||
| 3 Mar 20263 March 2026 | 447 sqft | 760,000 | 1,698 |
Luma21
Building238 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%
Other units on the ground floor
All 238 units in Luma21| ValueToday's value | |||||
|---|---|---|---|---|---|
| G24 | Studio | 502 sqft | AED 650KAED 650,000 · Sep 2024September 2024 | 42,000 /yr | |
| G25 | Studio | 502 sqft | AED 660KAED 660,000 · Oct 2025October 2025 | 55,200 /yr | |
| G26 | Studio | 502 sqft | AED 650KAED 650,000 · Dec 2023December 2023 | ||
| G27 | Studio | 502 sqft | AED 573KAED 573,300 · Mar 2023March 2023 | ||
| G28 | Studio | 502 sqft | AED 630KAED 630,000 · Oct 2023October 2023 | 79,500 /yr | |
| G29 | Studio | 502 sqft | AED 552KAED 552,000 · Nov 2022November 2022 | 47,000 /yr | |
| G30 | Studio | 502 sqft | AED 541KAED 540,844 · Sep 2022September 2022 | 54,500 /yr | |
| G31 | Studio | 502 sqft | AED 675KAED 675,000 · Nov 2023November 2023 | 59,000 /yr | |
| G32 | Studio | 502 sqft | AED 552KAED 551,881 · Sep 2022September 2022 | 45,000 /yr | |
| G33 | Studio | 502 sqft | AED 641KAED 641,137 · Nov 2022November 2022 | 64,000 /yr | |
| G34 | 3-bed | 1,263 sqft | AED 1.25MAED 1,253,250 · Dec 2023December 2023 | 130,000 /yr |
G23, Luma21 in numbers
- Sold twice: first on 29 September 2022 for AED 552,706, last on 21 October 2025 for AED 739,000 (AED 1,468 per sqft).
- Rented since June 2023 on 4 Ejari contracts, from AED 42,000 to AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2025 price is 7.2%.
- 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 30 September 2026.
Questions about G23, Luma21
What did unit G23 last sell for?
AED 739,000 on 21 October 2025: AED 1,468 per sqft for 503 sqft. The unit has 2 registered sales; the first was AED 552,706 in September 2022.
What is the rent for unit G23?
AED 53,000 a year on the contract signed on 30 September 2026. The previous contract, from June 2025, was AED 42,000; the unit has been rented since June 2023.
How big is unit G23?
503 sqft (46.7 sqm): a studio on the ground floor of a 4-storey tower completed in 2023.
What is unit G23 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 G23, Luma21
Starts from the last sale price (AED 739K, 21 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 739,000
- Deposit, UAE resident (20%)
- AED 147,800
- Deposit, non-resident (40%)
- AED 295,600
- Monthly over 25 years at 3.7%
- AED 3,023
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →