1-bed · 700 sqftLuma21, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

150, Luma21

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

Unit 150 · DLD and Ejari recordsUpdated 9 August 2025
Last soldAED 715K19 October 2022
Current rentAED 76K /yr9 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 150, Luma21

What is 150 worth today?

Last sold for AED 715,164 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Aug 2025RentedRenewal
AED 75,500/yr12 months · AED 108 per sqft
9 Aug 2025RentedRenewal
AED 75,500/yr12 months · AED 108 per sqft
1 Jul 2023RentedNew contract
AED 78,000/yr12 months · AED 111 per sqft
19 Oct 2022Sold by developerOff-plan
AED 715,164AED 1,022 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2025.

Key facts

Type
1-bed apartment
Size
700 sqft
Floor
1st of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 715K · October 2022
Building
Luma21

About 150, Luma21

150 is a one-bedroom apartment of 700 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 19 October 2022 for AED 715,164, or AED 1,022 per sqft, in line with the AED 1,010 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 9 August 2025, is AED 75,500 a year: a gross yield of 10.6% on the 2022 price.

Sales and rents for 150 over time

Sales
Unit 150, 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, October 2022: AED 715,164 (AED 1,022 per sqft)

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

Rents
Unit 150, each contractTypical one-bed in Luma21
75K78K80K2023202420252026Typical rent by year: 2023 AED 79,000; 2024 AED 80,000; 2025 AED 75,750New contract, July 2023: AED 78,000 a yearRenewal, August 2025: AED 75,500 a yearRenewal, August 2025: AED 75,500 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 150 sits

All 36 1-beds →

150 last sold in October 2022 at AED 1,022 per sqft, in line with what one-beds in Luma21 were fetching at the time (AED 1,010). 150's AED 75,500 is at the bottom 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
1071-bedAED 744K · Aug 2022
1–7 of 54

150, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 19 October 2022 for AED 715,164, or AED 1,022 per sqft.
  • Rented since July 2023 on 3 Ejari contracts, from AED 78,000 to AED 75,500 a year.
  • At AED 75,500 a year the gross yield on the 2022 price is 10.6%.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2025.

Questions about 150, Luma21

What did unit 150 last sell for?

AED 715,164 on 19 October 2022, sold by the developer: AED 1,022 per sqft for 700 sqft. It is the only registered sale of the unit.

What is the rent for unit 150?

AED 75,500 a year on the contract renewed on 9 August 2025. The previous contract, from August 2025, was AED 75,500; the unit has been rented since July 2023.

How big is unit 150?

700 sqft (65.0 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2023.

What is unit 150 worth today?

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

Selling 150? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 150, Luma21

Starts from the last sale price (AED 715K, 19 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 715,164
Deposit, UAE resident (20%)
AED 143,033
Deposit, non-resident (40%)
AED 286,066
Monthly over 25 years at 3.7%
AED 2,926

Plus AED 35,047 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →