1-bed · 761 sqftLuma21, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

306, Luma21

Sold prices and rental history: sold twice, last in October 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 10 November 2025
Last soldAED 1.19M19 October 2023
Current rentAED 95K /yr10 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Luma21

What is 306 worth today?

Last sold for AED 1,185,000 in 2023

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10 Nov 2025RentedNew contract
AED 95,000/yr12 months · AED 125 per sqft
29 Oct 2024RentedNew contract
AED 95,000/yr12 months · AED 125 per sqft
19 Oct 2023SoldReady
AED 1,185,000AED 1,557 per sqft
22 Aug 2022Sold by developerOff-plan
AED 761,010AED 999 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2025.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
3rd of 4
Parking
B138
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 1.19M · October 2023
Building
Luma21

About 306, Luma21

306 is a one-bedroom apartment of 761 sqft on the 3rd floor of Luma21, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Townx Real Estate Development. It last sold on 19 October 2023 for AED 1,185,000, or AED 1,557 per sqft, 35% above the AED 1,154 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 10 November 2025, is AED 95,000 a year: a gross yield of 8.0% on the 2023 price.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Luma21
800K1M1.2M20222023202420252026Typical sale price by year: 2022 AED 756,319; 2023 AED 910,000; 2025 AED 1,100,000Sold by developer, August 2022: AED 761,010 (AED 999 per sqft)Sold, October 2023: AED 1,185,000 (AED 1,557 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Luma21
80K90K2023202420252026Typical rent by year: 2023 AED 79,000; 2024 AED 80,000; 2025 AED 75,750New contract, October 2024: AED 95,000 a yearNew contract, November 2025: AED 95,000 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 306 sits

All 36 1-beds →

306 last sold in October 2023 at AED 1,557 per sqft, 35% above what one-beds in Luma21 were fetching at the time (AED 1,154). 306's AED 95,000 is at the top 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 3rd floor

All 238 units in Luma21
Value
3011-bedAED 696K · Sep 2022
302StudioAED 452K · Aug 2022
3031-bedAED 1000K · May 2024
304StudioAED 443K · Jun 2022
305StudioAED 650K · Oct 2024
3071-bedAED 758K · Sep 2022
308StudioAED 447K · Sep 2022
1–7 of 56

306, Luma21 in numbers

  • Sold twice: first on 22 August 2022 for AED 761,010, last on 19 October 2023 for AED 1,185,000 (AED 1,557 per sqft).
  • Rented since October 2024 on 2 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 8.0%.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2025.

Questions about 306, Luma21

What did unit 306 last sell for?

AED 1,185,000 on 19 October 2023: AED 1,557 per sqft for 761 sqft. The unit has 2 registered sales; the first was AED 761,010 in August 2022.

What is the rent for unit 306?

AED 95,000 a year on the contract signed on 10 November 2025. The previous contract, from October 2024, was AED 95,000.

How big is unit 306?

761 sqft (70.7 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2023.

What is unit 306 worth today?

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

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Mortgage on 306, Luma21

Starts from the last sale price (AED 1.19M, 19 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,185,000
Deposit, UAE resident (20%)
AED 237,000
Deposit, non-resident (40%)
AED 474,000
Monthly over 25 years at 3.7%
AED 4,848

Plus AED 54,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →