Studio · 348 sqftLume Residence, Jumeirah Village Circle (JVC) · 4th floor

406, Lume Residence

Sold prices and rental history: sold once, by the developer in June 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 9 June 2025
Last soldAED 656K9 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Lume Residence

What is 406 worth today?

Last sold for AED 656,474 in 2025

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9 Jun 2025Sold by developerOff-plan
AED 656,474AED 1,888 per sqft

Source: Dubai Land Department. Updated 9 June 2025.

Key facts

Type
Studio apartment
Size
348 sqft
Floor
4th of 14
Parking
1
Last sold
AED 656K · June 2025

About 406, Lume Residence

406 is a studio of 348 sqft on the 4th floor of Lume Residence, a 14-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 9 June 2025 for AED 656,474, or AED 1,888 per sqft, in line with the AED 1,912 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in Lume Residence
650K700K202520262027Typical sale price by year: 2025 AED 684,777; 2026 AED 714,262Sold by developer, June 2025: AED 656,474 (AED 1,888 per sqft)

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

Studios in Lume Residence, and where 406 sits

All 51 studios →

406 last sold in June 2025 at AED 1,888 per sqft, in line with what studios in Lume Residence were fetching at the time (AED 1,912). Over the last 12 months studios sold for AED 632,193 to 721,706, around AED 1,886 per sqft.

Recent studio salesUnit no.Price (AED)Summary
27 Oct 2026720,746
3 Apr 2026707,777
23 Feb 2026721,706
28 Jan 2026695,777
9 studio sales in the last 12 months

Lume Residence

Building

148 apartments, studios to 2-bed over 14 floors in Jumeirah Village Circle (JVC). 61 sold in the last 12 months.

Typical price per sqft
AED 1,642 Down 7.1%
Typical sale
AED 994K
Typical rent
Few contracts
Typical yield
Lume Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 4th floor

All 148 units in Lume Residence
Value
4011-bedAED 1.04M · Jul 2025
4021-bedAED 700K · May 2025
4031-bedAED 1.03M · Aug 2025
405StudioAED 649K · Jun 2025
407StudioAED 682K · May 2025
408StudioAED 695K · May 2025
4091-bedAED 983K · Dec 2025
1–7 of 11

406, Lume Residence in numbers

  • Sold once: by the developer on 9 June 2025 for AED 656,474, or AED 1,888 per sqft.
  • Studios in Lume Residence sold for AED 632,193–721,706 in the 12 months to November 2026; the building's median across all types is AED 1,642 per sqft.

Source: Dubai Land Department. Updated 9 June 2025.

Questions about 406, Lume Residence

What did unit 406 last sell for?

AED 656,474 on 9 June 2025, sold by the developer: AED 1,888 per sqft for 348 sqft. It is the only registered sale of the unit.

How big is unit 406?

348 sqft (32.3 sqm): a studio on the 4th floor of a 14-storey tower.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lume Residence sold for AED 632,193 to 721,706 in the last 12 months, around AED 1,886 per sqft.

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Mortgage on 406, Lume Residence

Starts from the last sale price (AED 656K, 9 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 656,474
Deposit, UAE resident (20%)
AED 131,295
Deposit, non-resident (40%)
AED 262,590
Monthly over 25 years at 3.7%
AED 2,686

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