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Studio · 446 sqftLuma21, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

108, Luma21

Sold prices and rental history: sold twice, last in November 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 26 February 2025
Last soldAED 570K6 November 2023
Current rentAED 57K /yr26 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Luma21

What is 108 worth today?

Last sold for AED 570,000 in 2023

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26 Feb 2025RentedRenewal
AED 57,000/yr12 months · AED 129 per sqft
6 Nov 2023SoldReady
AED 570,000AED 1,277 per sqft
15 Feb 2023RentedNew contract
AED 45,000/yr12 months · AED 102 per sqft
8 Sep 2022Sold by developerOff-plan
AED 451,601AED 1,009 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 February 2025.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
1st of 4
Parking
G49
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 570K · November 2023
Building
Luma21

About 108, Luma21

108 is a studio of 446 sqft on the 1st floor of Luma21, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Townx Real Estate Development. It last sold on 6 November 2023 for AED 570,000, or AED 1,277 per sqft, in line with the AED 1,304 studios in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 26 February 2025, is AED 57,000 a year: a gross yield of 10.0% on the 2023 price.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical studio in Luma21
400K600K800K202220242026Typical sale price by year: 2022 AED 447,230; 2023 AED 550,645; 2024 AED 655,000; 2025 AED 700,000; 2026 AED 747,500Sold by developer, September 2022: AED 451,601 (AED 1,009 per sqft)Sold, November 2023: AED 570,000 (AED 1,277 per sqft)

108 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 108, each contractTypical studio in Luma21
50K60K20232024202520262027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,000; 2026 AED 60,000New contract, February 2023: AED 45,000 a yearRenewal, February 2025: AED 57,000 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 108 sits

All 184 studios →

108 last sold in November 2023 at AED 1,277 per sqft, in line with what studios in Luma21 were fetching at the time (AED 1,304). Over the last 12 months studios sold for AED 300,000 to 800,000, around AED 1,574 per sqft, and rent for AED 45,000 to 70,000 a year. 108's AED 57,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Feb 2026665,000
7 Jan 2026765,000
7 Jan 2026730,000
5 Jan 2026800,000
5 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. 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
1071-bedAED 744K · Aug 2022
1–7 of 54

108, Luma21 in numbers

  • Sold twice: first on 8 September 2022 for AED 451,601, last on 6 November 2023 for AED 570,000 (AED 1,277 per sqft).
  • Rented since February 2023 on 2 Ejari contracts, from AED 45,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2023 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 1,505 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 26 February 2025.

Questions about 108, Luma21

What did unit 108 last sell for?

AED 570,000 on 6 November 2023: AED 1,277 per sqft for 446 sqft. The unit has 2 registered sales; the first was AED 451,601 in September 2022.

What is the rent for unit 108?

AED 57,000 a year on the contract renewed on 26 February 2025. The previous contract, from February 2023, was AED 45,000.

How big is unit 108?

446 sqft (41.4 sqm): a studio on the 1st floor of a 4-storey tower completed in 2023.

What is unit 108 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 1,574 per sqft.

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Mortgage on 108, Luma21

Starts from the last sale price (AED 570K, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

Plus AED 28,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →