502, Lume Residence
Sold prices and rental history: sold once, by the developer in February 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Lume Residence
What is 502 worth today?
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Source: Dubai Land Department. Updated 13 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 602 sqft
- Floor
- 5th of 14
- Parking
- 1
- Last sold
- AED 989K · February 2026
- Building
- Lume Residence
About 502, Lume Residence
502 is a one-bedroom apartment of 602 sqft on the 5th floor of Lume Residence, a 14-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 13 February 2026 for AED 988,586, or AED 1,642 per sqft, in line with the AED 1,602 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 502 over time
502 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Lume Residence, and where 502 sits
All 91 1-beds →502 last sold in February 2026 at AED 1,642 per sqft, in line with what one-beds in Lume Residence were fetching at the time (AED 1,602). Over the last 12 months one-beds sold for AED 913,706 to 1,134,777, around AED 1,623 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 640 sqft | 1,021,988 | 1,597 | ||
| 13 Oct 202613 October 2026 | 685 sqft | 1,014,250 | 1,480 | ||
| 23 Sep 202623 September 2026 | 595 sqft | 1,039,088 | 1,746 | ||
| 11 Aug 202611 August 2026 | 603 sqft | 1,078,777 | 1,787 |
Lume Residence
Building148 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
Other units on the 5th floor
All 148 units in Lume Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 603 sqft | AED 1.04MAED 1,037,601 · Sep 2025September 2025 | ||
| 503 | 1-bed | 604 sqft | AED 1.02MAED 1,024,429 · Sep 2025September 2025 | ||
| 504 | 2-bed | 1,118 sqft | AED 1.46MAED 1,460,000 · Aug 2025August 2025 | ||
| 505 | Studio | 335 sqft | AED 662KAED 661,777 · Jun 2025June 2025 | ||
| 506 | Studio | 348 sqft | AED 668KAED 668,141 · Aug 2025August 2025 | ||
| 507 | Studio | 383 sqft | AED 707KAED 706,777 · Sep 2025September 2025 | ||
| 508 | Studio | 377 sqft | AED 700KAED 699,777 · Sep 2025September 2025 | ||
| 509 | 1-bed | 677 sqft | AED 991KAED 990,506 · Jan 2026January 2026 | ||
| 510 | 1-bed | 715 sqft | AED 1.05MAED 1,051,777 · Dec 2025December 2025 | ||
| 511 | 1-bed | 685 sqft | AED 936KAED 935,799 · Jan 2026January 2026 | ||
| 512 | 1-bed | 563 sqft | AED 967KAED 966,777 · Dec 2025December 2025 | ||
| 513 | 1-bed | 639 sqft | AED 994KAED 993,501 · Jan 2026January 2026 |
502, Lume Residence in numbers
- Sold once: by the developer on 13 February 2026 for AED 988,586, or AED 1,642 per sqft.
- One-beds in Lume Residence sold for AED 913,706–1,134,777 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 13 February 2026.
Questions about 502, Lume Residence
What did unit 502 last sell for?
AED 988,586 on 13 February 2026, sold by the developer: AED 1,642 per sqft for 602 sqft. It is the only registered sale of the unit.
How big is unit 502?
602 sqft (55.9 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lume Residence sold for AED 913,706 to 1,134,777 in the last 12 months, around AED 1,623 per sqft.
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Mortgage on 502, Lume Residence
Starts from the last sale price (AED 989K, 13 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 988,586
- Deposit, UAE resident (20%)
- AED 197,717
- Deposit, non-resident (40%)
- AED 395,434
- Monthly over 25 years at 3.7%
- AED 4,045
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →