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1-bed · 696 sqftLuma21, Jumeirah Village Circle (JVC) · 4th floor · completed 2023

401, Luma21

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

Unit 401 · DLD and Ejari recordsUpdated 7 June 2025
Last soldAED 965K27 November 2023
Current rentAED 84K /yr7 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Luma21

What is 401 worth today?

Last sold for AED 965,000 in 2023

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7 Jun 2025RentedRenewal
AED 84,000/yr12 months · AED 121 per sqft
7 Jun 2024RentedNew contract
AED 84,000/yr12 months · AED 121 per sqft
27 Nov 2023SoldReady
AED 965,000AED 1,386 per sqft
18 Oct 2022Sold by developerOff-plan
AED 793,504AED 1,139 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 June 2025.

Key facts

Type
1-bed apartment
Size
696 sqft
Floor
4th of 4
Parking
B47
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 965K · November 2023
Building
Luma21

About 401, Luma21

401 is a one-bedroom apartment of 696 sqft on the 4th floor of Luma21, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Townx Real Estate Development. It last sold on 27 November 2023 for AED 965,000, or AED 1,386 per sqft, 11% above the AED 1,245 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 7 June 2025, is AED 84,000 a year: a gross yield of 8.7% on the 2023 price.

Sales and rents for 401 over time

Sales
Unit 401, 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 793,504 (AED 1,139 per sqft)Sold, November 2023: AED 965,000 (AED 1,386 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in Luma21
75K80K85K2023202420252026Typical rent by year: 2023 AED 79,000; 2024 AED 80,000; 2025 AED 75,750New contract, June 2024: AED 84,000 a yearRenewal, June 2025: AED 84,000 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 401 sits

All 36 1-beds →

401 last sold in November 2023 at AED 1,386 per sqft, 11% above what one-beds in Luma21 were fetching at the time (AED 1,245). 401's AED 84,000 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 4th floor

All 238 units in Luma21
Value
402StudioAED 487K · Sep 2022
4031-bedAED 675K · Aug 2022
404StudioAED 482K · Sep 2022
405StudioAED 487K · Sep 2022
406AED 769K · Aug 2022
4071-bedAED 805K · Aug 2022
408StudioAED 499K · Dec 2022
1–7 of 56

401, Luma21 in numbers

  • Sold twice: first on 18 October 2022 for AED 793,504, last on 27 November 2023 for AED 965,000 (AED 1,386 per sqft).
  • Rented since June 2024 on 2 Ejari contracts, at AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2023 price is 8.7%.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 June 2025.

Questions about 401, Luma21

What did unit 401 last sell for?

AED 965,000 on 27 November 2023: AED 1,386 per sqft for 696 sqft. The unit has 2 registered sales; the first was AED 793,504 in October 2022.

What is the rent for unit 401?

AED 84,000 a year on the contract renewed on 7 June 2025. The previous contract, from June 2024, was AED 84,000.

How big is unit 401?

696 sqft (64.7 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2023.

What is unit 401 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 401, Luma21

Starts from the last sale price (AED 965K, 27 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 965,000
Deposit, UAE resident (20%)
AED 193,000
Deposit, non-resident (40%)
AED 386,000
Monthly over 25 years at 3.7%
AED 3,948

Plus AED 45,540 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →