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Studio · 552 sqftLuma21, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

146, Luma21

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

Unit 146 · DLD and Ejari recordsUpdated 30 March 2023
Last soldAED 497K29 August 2022
Current rentAED 30K /yr30 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 146, Luma21

What is 146 worth today?

Last sold for AED 496,961 in 2022

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30 Mar 2023RentedNew contract
AED 30,000/yr12 months · AED 54 per sqft
29 Aug 2022Sold by developerOff-plan
AED 496,961AED 900 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 March 2023.

Key facts

Type
Studio apartment
Size
552 sqft
Floor
1st of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 497K · August 2022
Building
Luma21

About 146, Luma21

146 is a studio of 552 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 29 August 2022 for AED 496,961, or AED 900 per sqft, 11% below the AED 1,010 studios in the building were fetching at the time.

One Ejari contract is registered, from 30 March 2023. The current contract, signed on 30 March 2023, is AED 30,000 a year: a gross yield of 6.0% on the 2022 price.

Sales and rents for 146 over time

Sales
Unit 146, 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, August 2022: AED 496,961 (AED 900 per sqft)

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

Rents
Unit 146, each contractTypical studio in Luma21
40K60K20232024202520262027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,000; 2026 AED 60,000New contract, March 2023: AED 30,000 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 146 sits

All 184 studios →

146 last sold in August 2022 at AED 900 per sqft, 11% below what studios in Luma21 were fetching at the time (AED 1,010). 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. 146's AED 30,000 is at the bottom 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

146, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 29 August 2022 for AED 496,961, or AED 900 per sqft.
  • Rented since March 2023 on one Ejari contract, at AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2022 price is 6.0%.
  • 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 30 March 2023.

Questions about 146, Luma21

What did unit 146 last sell for?

AED 496,961 on 29 August 2022, sold by the developer: AED 900 per sqft for 552 sqft. It is the only registered sale of the unit.

What is the rent for unit 146?

AED 30,000 a year on the contract signed on 30 March 2023.

How big is unit 146?

552 sqft (51.3 sqm): a studio on the 1st floor of a 4-storey tower completed in 2023.

What is unit 146 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 146, Luma21

Starts from the last sale price (AED 497K, 29 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 496,961
Deposit, UAE resident (20%)
AED 99,392
Deposit, non-resident (40%)
AED 198,784
Monthly over 25 years at 3.7%
AED 2,033

Plus AED 23,782 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →