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1-bed · 767 sqftLuma21, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

107, Luma21

Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 744K23 August 2022
Current rentAED 88K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Luma21

What is 107 worth today?

Last sold for AED 743,505 in 2022

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15 Mar 2025RentedRenewal
AED 88,000/yr6 months · AED 115 per sqft
15 Mar 2024RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
15 Mar 2023RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
23 Aug 2022Sold by developerOff-plan
AED 743,505AED 969 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
767 sqft
Floor
1st of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 744K · August 2022
Building
Luma21

About 107, Luma21

107 is a one-bedroom apartment of 767 sqft on the 1st 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 23 August 2022 for AED 743,505, or AED 969 per sqft, 3% below the AED 1,000 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 88,000 a year: a gross yield of 11.8% on the 2022 price.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical one-bed in Luma21
800K1M20222023202420252026Typical sale price by year: 2022 AED 756,319; 2023 AED 910,000; 2025 AED 1,100,000Sold by developer, August 2022: AED 743,505 (AED 969 per sqft)

107 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 107, each contractTypical one-bed in Luma21
80K90K2023202420252026Typical rent by year: 2023 AED 79,000; 2024 AED 80,000; 2025 AED 75,750New contract, March 2023: AED 85,000 a yearNew contract, March 2024: AED 85,000 a yearRenewal, March 2025: AED 88,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Luma21, and where 107 sits

All 36 1-beds →

107 last sold in August 2022 at AED 969 per sqft, 3% below what one-beds in Luma21 were fetching at the time (AED 1,000). 107's AED 88,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 20251,000,000
17 Jun 20251,100,000
16 Apr 20251,300,000
28 May 2024999,999
0 1-bed 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. 6 sold in the last 12 months.

Typical price per sqft
AED 1,505
Typical sale
AED 748K
Typical rent
AED 60K /yr
Typical yield
8.2%
Luma21, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 238 units in Luma21
Value
1011-bedAED 780K · Oct 2022
102StudioAED 715K · May 2024
1031-bedAED 707K · Aug 2022
104StudioAED 507K · May 2022
105StudioAED 800K · Jan 2026
1061-bedAED 865K · Jul 2022
108StudioAED 570K · Nov 2023
1–7 of 54

107, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 23 August 2022 for AED 743,505, or AED 969 per sqft.
  • Rented since March 2023 on 3 Ejari contracts, from AED 85,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2022 price is 11.8%.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2025.

Questions about 107, Luma21

What did unit 107 last sell for?

AED 743,505 on 23 August 2022, sold by the developer: AED 969 per sqft for 767 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 88,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2024, was AED 85,000; the unit has been rented since March 2023.

How big is unit 107?

767 sqft (71.3 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2023.

What is unit 107 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 107, Luma21

Starts from the last sale price (AED 744K, 23 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 743,505
Deposit, UAE resident (20%)
AED 148,701
Deposit, non-resident (40%)
AED 297,402
Monthly over 25 years at 3.7%
AED 3,042

Plus AED 36,237 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →