Studio · 377 sqftLume Residence, Jumeirah Village Circle (JVC) · 7th floor

708, Lume Residence

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

Unit 708 · DLD and Ejari recordsUpdated 17 July 2025
Last soldAED 711K17 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Lume Residence

What is 708 worth today?

Last sold for AED 710,777 in 2025

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17 Jul 2025Sold by developerOff-plan
AED 710,777AED 1,883 per sqft

Source: Dubai Land Department. Updated 17 July 2025.

Key facts

Type
Studio apartment
Size
377 sqft
Floor
7th of 14
Parking
1
Last sold
AED 711K · July 2025

About 708, Lume Residence

708 is a studio of 377 sqft on the 7th floor of Lume Residence, a 14-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 17 July 2025 for AED 710,777, or AED 1,883 per sqft, in line with the AED 1,895 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical studio in Lume Residence
680K700K202520262027Typical sale price by year: 2025 AED 684,777; 2026 AED 714,262Sold by developer, July 2025: AED 710,777 (AED 1,883 per sqft)

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

Studios in Lume Residence, and where 708 sits

All 51 studios →

708 last sold in July 2025 at AED 1,883 per sqft, in line with what studios in Lume Residence were fetching at the time (AED 1,895). 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 7th floor

All 148 units in Lume Residence
Value
7011-bedAED 1.08M · Aug 2026
7021-bedAED 1.03M · Dec 2025
7031-bedAED 1M · Feb 2026
705StudioAED 671K · Jul 2025
706StudioAED 696K · Jan 2026
707StudioAED 688K · May 2025
7101-bedAED 1.07M · Jun 2025
1–7 of 10

708, Lume Residence in numbers

  • Sold once: by the developer on 17 July 2025 for AED 710,777, or AED 1,883 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 17 July 2025.

Questions about 708, Lume Residence

What did unit 708 last sell for?

AED 710,777 on 17 July 2025, sold by the developer: AED 1,883 per sqft for 377 sqft. It is the only registered sale of the unit.

How big is unit 708?

377 sqft (35.0 sqm): a studio on the 7th floor of a 14-storey tower.

What is unit 708 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 708, Lume Residence

Starts from the last sale price (AED 711K, 17 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 710,777
Deposit, UAE resident (20%)
AED 142,155
Deposit, non-resident (40%)
AED 284,311
Monthly over 25 years at 3.7%
AED 2,908

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