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

148, Luma21

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 148 · DLD and Ejari recordsUpdated 4 March 2024
Last soldAED 710K4 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 148, Luma21

What is 148 worth today?

Last sold for AED 710,000 in 2024

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4 Mar 2024SoldReady
AED 710,000AED 1,285 per sqft
31 Oct 2022Sold by developerOff-plan
AED 541,038AED 979 per sqft

Source: Dubai Land Department. Updated 4 March 2024.

Key facts

Type
Studio apartment
Size
552 sqft
Floor
1st of 4
Parking
G35
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 710K · March 2024
Building
Luma21

About 148, Luma21

148 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. It last sold on 4 March 2024 for AED 710,000, or AED 1,285 per sqft, in line with the AED 1,304 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 148 over time

Sales
Unit 148, 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, October 2022: AED 541,038 (AED 979 per sqft)Sold, March 2024: AED 710,000 (AED 1,285 per sqft)

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

Rents
Unit 148, each contractTypical studio in Luma21
50K60K20232024202520262027Typical rent by year: 2023 AED 48,000; 2024 AED 50,000; 2025 AED 53,000; 2026 AED 60,000

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

Studios in Luma21, and where 148 sits

All 184 studios →

148 last sold in March 2024 at AED 1,285 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.

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

148, Luma21 in numbers

  • Sold twice: first on 31 October 2022 for AED 541,038, last on 4 March 2024 for AED 710,000 (AED 1,285 per sqft).
  • 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: Dubai Land Department. Updated 4 March 2024.

Questions about 148, Luma21

What did unit 148 last sell for?

AED 710,000 on 4 March 2024: AED 1,285 per sqft for 552 sqft. The unit has 2 registered sales; the first was AED 541,038 in October 2022.

How big is unit 148?

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

What is unit 148 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 148, Luma21

Starts from the last sale price (AED 710K, 4 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

Plus AED 34,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →