Studio · 502 sqftLuma21, Jumeirah Village Circle (JVC) · Ground floor · completed 2023

G28, Luma21

Sold prices and rental history: sold twice, last in October 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G28 · DLD and Ejari recordsUpdated 2 July 2026
Last soldAED 630K24 October 2023
Current rentAED 80K /yr2 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G28, Luma21

What is G28 worth today?

Last sold for AED 630,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Jul 2026RentedNew contract
AED 79,500/yr12 months · AED 158 per sqft
22 Dec 2024RentedRenewal
AED 70,077/yr18 months · AED 139 per sqft
7 Jan 2024RentedNew contract
AED 66,876/yr11 months · AED 133 per sqft
24 Oct 2023SoldReady
AED 630,000AED 1,253 per sqft
26 Dec 2022Sold by developerOff-plan
AED 552,000AED 1,100 per sqft

Source: Dubai Land Department. Updated 2 July 2026.

Key facts

Type
Studio apartment
Size
502 sqft
Floor
Ground of 4
Parking
G12
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 630K · October 2023
Building
Luma21

About G28, Luma21

G28 is a studio of 502 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 24 October 2023 for AED 630,000, or AED 1,253 per sqft, 4% below the AED 1,304 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 2 July 2026, is AED 79,500 a year: a gross yield of 12.6% on the 2023 price.

Sales and rents for G28 over time

Sales
Unit G28, 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, December 2022: AED 552,000 (AED 1,100 per sqft)Sold, October 2023: AED 630,000 (AED 1,253 per sqft)

G28 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit G28, each contractTypical studio in Luma21
60K80K202320252027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,500; 2026 AED 50,000New contract, January 2024: AED 66,876 a yearRenewal, December 2024: AED 70,077 a yearNew contract, July 2026: AED 79,500 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 G28 sits

All 191 studios →

G28 last sold in October 2023 at AED 1,253 per sqft, 4% below 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. G28's AED 79,500 is at the top 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 ground floor

All 238 units in Luma21
Value
G23StudioAED 739K · Oct 2025
G24StudioAED 650K · Sep 2024
G25StudioAED 660K · Oct 2025
G26StudioAED 650K · Dec 2023
G27StudioAED 573K · Mar 2023
G29StudioAED 552K · Nov 2022
G30StudioAED 541K · Sep 2022
1–7 of 11

G28, Luma21 in numbers

  • Sold twice: first on 26 December 2022 for AED 552,000, last on 24 October 2023 for AED 630,000 (AED 1,253 per sqft).
  • Rented since January 2024 on 3 Ejari contracts, from AED 66,876 to AED 79,500 a year.
  • At AED 79,500 a year the gross yield on the 2023 price is 12.6%.
  • 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 2 July 2026.

Questions about G28, Luma21

What did unit G28 last sell for?

AED 630,000 on 24 October 2023: AED 1,253 per sqft for 502 sqft. The unit has 2 registered sales; the first was AED 552,000 in December 2022.

What is the rent for unit G28?

AED 79,500 a year on the contract signed on 2 July 2026. The previous contract, from December 2024, was AED 70,077; the unit has been rented since January 2024.

How big is unit G28?

502 sqft (46.6 sqm): a studio on the ground floor of a 4-storey tower completed in 2023.

What is unit G28 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.

Selling G28? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on G28, Luma21

Starts from the last sale price (AED 630K, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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