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761 sqftLuma21, Jumeirah Village Circle (JVC) · 4th floor · completed 2023

406, 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 406 · DLD and Ejari recordsUpdated 4 April 2026
Last soldAED 769K16 August 2022
Current rentAED 85K /yr4 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Luma21

What is 406 worth today?

Last sold for AED 768,609 in 2022

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4 Apr 2026RentedRenewal
AED 85,000/yr12 months · AED 111 per sqft
4 Apr 2025RentedRenewal
AED 85,000/yr12 months · AED 111 per sqft
4 Apr 2023RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
16 Aug 2022Sold by developerOff-plan
AED 768,609AED 1,009 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 April 2026.

Key facts

Type
Apartment
Size
761 sqft
Floor
4th of 4
Parking
B44
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 769K · August 2022
Building
Luma21

About 406, Luma21

406 is an apartment of 761 sqft on the 4th 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 16 August 2022 for AED 768,609, or AED 1,009 per sqft.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 4 April 2026, is AED 85,000 a year: a gross yield of 11.1% on the 2022 price.

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
4011-bedAED 965K · Nov 2023
402StudioAED 487K · Sep 2022
4031-bedAED 675K · Aug 2022
404StudioAED 482K · Sep 2022
405StudioAED 487K · Sep 2022
4071-bedAED 805K · Aug 2022
408StudioAED 499K · Dec 2022
1–7 of 56

406, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 16 August 2022 for AED 768,609, or AED 1,009 per sqft.
  • Rented since April 2023 on 3 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 11.1%.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 April 2026.

Questions about 406, Luma21

What did unit 406 last sell for?

AED 768,609 on 16 August 2022, sold by the developer: AED 1,009 per sqft for 761 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 85,000 a year on the contract renewed on 4 April 2026. The previous contract, from April 2025, was AED 85,000; the unit has been rented since April 2023.

How big is unit 406?

761 sqft (70.7 sqm): an apartment on the 4th floor of a 4-storey tower completed in 2023.

What is unit 406 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 406, Luma21

Starts from the last sale price (AED 769K, 16 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 768,609
Deposit, UAE resident (20%)
AED 153,722
Deposit, non-resident (40%)
AED 307,444
Monthly over 25 years at 3.7%
AED 3,145

Plus AED 37,291 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →