Studio · 427 sqftLuma21, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

139, Luma21

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

Unit 139 · DLD and Ejari recordsUpdated 17 February 2025
Last soldAED 440K27 September 2022
Current rentAED 55K /yr17 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 139, Luma21

What is 139 worth today?

Last sold for AED 439,600 in 2022

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17 Feb 2025RentedNew contract
AED 55,000/yr12 months · AED 129 per sqft
18 May 2024RentedNew contract
AED 52,000/yr12 months · AED 122 per sqft
21 May 2023RentedNew contract
AED 50,000/yr12 months · AED 116 per sqft
27 Sep 2022Sold by developerOff-plan
AED 439,600AED 1,030 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 February 2025.

Key facts

Type
Studio apartment
Size
427 sqft
Floor
1st of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 440K · September 2022
Building
Luma21

About 139, Luma21

139 is a studio of 427 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 27 September 2022 for AED 439,600, or AED 1,030 per sqft, in line with the AED 1,009 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 17 February 2025, is AED 55,000 a year: a gross yield of 12.5% on the 2022 price.

Sales and rents for 139 over time

Sales
Unit 139, 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 439,600 (AED 1,030 per sqft)

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

Rents
Unit 139, 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, May 2023: AED 50,000 a yearNew contract, May 2024: AED 52,000 a yearNew contract, February 2025: AED 55,000 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 139 sits

All 184 studios →

139 last sold in September 2022 at AED 1,030 per sqft, in line with what studios in Luma21 were fetching at the time (AED 1,009). 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. 139's AED 55,000 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

139, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 27 September 2022 for AED 439,600, or AED 1,030 per sqft.
  • Rented since May 2023 on 3 Ejari contracts, from AED 50,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 12.5%.
  • 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 17 February 2025.

Questions about 139, Luma21

What did unit 139 last sell for?

AED 439,600 on 27 September 2022, sold by the developer: AED 1,030 per sqft for 427 sqft. It is the only registered sale of the unit.

What is the rent for unit 139?

AED 55,000 a year on the contract signed on 17 February 2025. The previous contract, from May 2024, was AED 52,000; the unit has been rented since May 2023.

How big is unit 139?

427 sqft (39.7 sqm): a studio on the 1st floor of a 4-storey tower completed in 2023.

What is unit 139 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 139, Luma21

Starts from the last sale price (AED 440K, 27 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 439,600
Deposit, UAE resident (20%)
AED 87,920
Deposit, non-resident (40%)
AED 175,840
Monthly over 25 years at 3.7%
AED 1,799

Plus AED 21,373 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →