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

G33, Luma21

Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G33 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 641K9 November 2022
Current rentAED 64K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G33, Luma21

What is G33 worth today?

Last sold for AED 641,137 in 2022

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1 Apr 2024RentedNew contract
AED 64,000/yr12 months · AED 127 per sqft
9 Nov 2022Sold by developerOff-plan
AED 641,137AED 1,277 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
Studio apartment
Size
502 sqft
Floor
Ground of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 641K · November 2022
Building
Luma21

About G33, Luma21

G33 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 . The developer sold it on 9 November 2022 for AED 641,137, or AED 1,277 per sqft, 26% above the AED 1,010 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2024. The current contract, signed on 1 April 2024, is AED 64,000 a year: a gross yield of 10.0% on the 2022 price.

Sales and rents for G33 over time

Sales
Unit G33, 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, November 2022: AED 641,137 (AED 1,277 per sqft)

G33 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit G33, 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 2024: AED 64,000 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 G33 sits

All 191 studios →

G33 last sold in November 2022 at AED 1,277 per sqft, 26% above what studios in Luma21 were fetching at the time (AED 1,010). 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. G33's AED 64,000 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 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
G28StudioAED 630K · Oct 2023
G29StudioAED 552K · Nov 2022
1–7 of 11

G33, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 9 November 2022 for AED 641,137, or AED 1,277 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2022 price is 10.0%.
  • 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 1 April 2024.

Questions about G33, Luma21

What did unit G33 last sell for?

AED 641,137 on 9 November 2022, sold by the developer: AED 1,277 per sqft for 502 sqft. It is the only registered sale of the unit.

What is the rent for unit G33?

AED 64,000 a year on the contract signed on 1 April 2024.

How big is unit G33?

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

What is unit G33 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 G33, Luma21

Starts from the last sale price (AED 641K, 9 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 641,137
Deposit, UAE resident (20%)
AED 128,227
Deposit, non-resident (40%)
AED 256,455
Monthly over 25 years at 3.7%
AED 2,623

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