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1-bed · 700 sqftLuma21, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

350, Luma21

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

Unit 350 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 700K28 August 2022
Current rentAED 85K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 350, Luma21

What is 350 worth today?

Last sold for AED 699,688 in 2022

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1 Jun 2025RentedNew contract
AED 85,000/yr12 months · AED 121 per sqft
1 Jul 2023RentedNew contract
AED 90,000/yr12 months · AED 129 per sqft
28 Aug 2022Sold by developerOff-plan
AED 699,688AED 999 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2025.

Key facts

Type
1-bed apartment
Size
700 sqft
Floor
3rd of 4
Parking
B113
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 700K · August 2022
Building
Luma21

About 350, Luma21

350 is a one-bedroom apartment of 700 sqft on the 3rd 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 28 August 2022 for AED 699,688, or AED 999 per sqft, in line with the AED 1,000 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 June 2025, is AED 85,000 a year: a gross yield of 12.2% on the 2022 price.

Sales and rents for 350 over time

Sales
Unit 350, 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, August 2022: AED 699,688 (AED 999 per sqft)

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

Rents
Unit 350, each contractTypical one-bed in Luma21
80K90K2023202420252026Typical rent by year: 2023 AED 79,000; 2024 AED 80,000; 2025 AED 75,750New contract, July 2023: AED 90,000 a yearNew contract, June 2025: AED 85,000 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 350 sits

All 36 1-beds →

350 last sold in August 2022 at AED 999 per sqft, in line with what one-beds in Luma21 were fetching at the time (AED 1,000). 350's AED 85,000 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 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
3061-bedAED 1.19M · Oct 2023
3071-bedAED 758K · Sep 2022
1–7 of 56

350, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 28 August 2022 for AED 699,688, or AED 999 per sqft.
  • Rented since July 2023 on 2 Ejari contracts, from AED 90,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 12.2%.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2025.

Questions about 350, Luma21

What did unit 350 last sell for?

AED 699,688 on 28 August 2022, sold by the developer: AED 999 per sqft for 700 sqft. It is the only registered sale of the unit.

What is the rent for unit 350?

AED 85,000 a year on the contract signed on 1 June 2025. The previous contract, from July 2023, was AED 90,000.

How big is unit 350?

700 sqft (65.0 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2023.

What is unit 350 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 350, Luma21

Starts from the last sale price (AED 700K, 28 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 699,688
Deposit, UAE resident (20%)
AED 139,938
Deposit, non-resident (40%)
AED 279,875
Monthly over 25 years at 3.7%
AED 2,863

Plus AED 34,397 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →