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1-bed · 700 sqftLuma21, Jumeirah Village Circle (JVC) · 4th floor · completed 2023

450, Luma21

Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 450 · DLD and Ejari recordsUpdated 13 May 2025
Last soldAED 737K26 September 2022
Current rentAED 60K /yr13 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 450, Luma21

What is 450 worth today?

Last sold for AED 737,314 in 2022

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13 May 2025RentedNew contract
AED 60,000/yr12 months · AED 86 per sqft
13 May 2025RentedNew contract
AED 60,000/yr12 months · AED 86 per sqft
19 Mar 2025RentedNew contract
AED 60,000/yr12 months · AED 86 per sqft
26 Sep 2022Sold by developerOff-plan
AED 737,314AED 1,053 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 May 2025.

Key facts

Type
1-bed apartment
Size
700 sqft
Floor
4th of 4
Parking
1
Developer
Townx Real Estate Development
Completed
2023
Last sold
AED 737K · September 2022
Building
Luma21

About 450, Luma21

450 is a one-bedroom apartment of 700 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 26 September 2022 for AED 737,314, or AED 1,053 per sqft, 5% above the AED 1,001 one-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 13 May 2025, is AED 60,000 a year: a gross yield of 8.1% on the 2022 price.

Sales and rents for 450 over time

Sales
Unit 450, 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, September 2022: AED 737,314 (AED 1,053 per sqft)

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

Rents
Unit 450, each contractTypical one-bed in Luma21
60K70K80K2023202420252026Typical rent by year: 2023 AED 79,000; 2024 AED 80,000; 2025 AED 75,750New contract, March 2025: AED 60,000 a yearNew contract, May 2025: AED 60,000 a yearNew contract, May 2025: AED 60,000 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 450 sits

All 36 1-beds →

450 last sold in September 2022 at AED 1,053 per sqft, 5% above what one-beds in Luma21 were fetching at the time (AED 1,001). 450's AED 60,000 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
4011-bedAED 965K · Nov 2023
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
1–7 of 56

450, Luma21 in numbers

  • Sold once: by Townx Real Estate Development on 26 September 2022 for AED 737,314, or AED 1,053 per sqft.
  • Rented since March 2025 on 3 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 8.1%.

Source: YallaValue analysis of Dubai Land Department records. Updated 13 May 2025.

Questions about 450, Luma21

What did unit 450 last sell for?

AED 737,314 on 26 September 2022, sold by the developer: AED 1,053 per sqft for 700 sqft. It is the only registered sale of the unit.

What is the rent for unit 450?

AED 60,000 a year on the contract signed on 13 May 2025. The previous contract, from May 2025, was AED 60,000; the unit has been rented since March 2025.

How big is unit 450?

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

What is unit 450 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 450, Luma21

Starts from the last sale price (AED 737K, 26 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 737,314
Deposit, UAE resident (20%)
AED 147,463
Deposit, non-resident (40%)
AED 294,926
Monthly over 25 years at 3.7%
AED 3,017

Plus AED 35,978 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →