G28, 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.
Property timeline for G28, Luma21
What is G28 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 502 sqft
- Floor
- Ground of 4
- Parking
- G12
- Developer
- Townx Real Estate Development
- Completed
- 2023
- Last sold
- AED 630K · October 2023
- Building
- Luma21
About G28, Luma21
G28 is a studio of 502 sqft on the ground floor of Luma21, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Townx Real Estate Development. It last sold on 24 October 2023 for AED 630,000, or AED 1,253 per sqft, 4% below the AED 1,304 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 22 December 2024, is AED 70,077 a year: a gross yield of 11.1% on the 2023 price.
Sales and rents for G28 over time
G28 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Luma21, and where G28 sits
All 184 studios →G28 last sold in October 2023 at AED 1,253 per sqft, 4% below what studios in Luma21 were fetching at the time (AED 1,304). Over the last 12 months studios sold for AED 300,000 to 800,000, around AED 1,574 per sqft, and rent for AED 45,000 to 70,000 a year. G28's AED 70,077 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 422 sqft | 665,000 | 1,574 | ||
| 7 Jan 20267 January 2026 | 447 sqft | 765,000 | 1,709 | ||
| 7 Jan 20267 January 2026 | 423 sqft | 730,000 | 1,725 | ||
| 5 Jan 20265 January 2026 | 557 sqft | 800,000 | 1,436 |
Luma21
Building238 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%
Other units on the ground floor
All 238 units in Luma21| ValueToday's value | |||||
|---|---|---|---|---|---|
| G23 | 503 sqft | AED 739KAED 739,000 · Oct 2025October 2025 | 42,000 /yr | ||
| G24 | Studio | 502 sqft | AED 650KAED 650,000 · Sep 2024September 2024 | 42,000 /yr | |
| G25 | 502 sqft | AED 660KAED 660,000 · Oct 2025October 2025 | 42,000 /yr | ||
| G26 | Studio | 502 sqft | AED 650KAED 650,000 · Dec 2023December 2023 | ||
| G27 | Studio | 502 sqft | AED 573KAED 573,300 · Mar 2023March 2023 | ||
| G29 | Studio | 502 sqft | AED 552KAED 552,000 · Nov 2022November 2022 | 47,000 /yr | |
| G30 | Studio | 502 sqft | AED 541KAED 540,844 · Sep 2022September 2022 | 54,500 /yr | |
| G31 | Studio | 502 sqft | AED 675KAED 675,000 · Nov 2023November 2023 | 59,000 /yr | |
| G32 | Studio | 502 sqft | AED 552KAED 551,881 · Sep 2022September 2022 | 65,000 /yr | |
| G33 | Studio | 502 sqft | AED 641KAED 641,137 · Nov 2022November 2022 | 64,000 /yr | |
| G34 | 3-bed | 1,263 sqft | AED 1.25MAED 1,253,250 · Dec 2023December 2023 | 140,000 /yr |
G28, Luma21 in numbers
- Sold twice: first on 26 December 2022 for AED 552,000, last on 24 October 2023 for AED 630,000 (AED 1,253 per sqft).
- Rented since January 2024 on 2 Ejari contracts, from AED 66,876 to AED 70,077 a year.
- At AED 70,077 a year the gross yield on the 2023 price is 11.1%.
- Studios in Luma21 sold for AED 300,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,505 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 22 December 2024.
Questions about G28, Luma21
What did unit G28 last sell for?
AED 630,000 on 24 October 2023: AED 1,253 per sqft for 502 sqft. The unit has 2 registered sales; the first was AED 552,000 in December 2022.
What is the rent for unit G28?
AED 70,077 a year on the contract renewed on 22 December 2024. The previous contract, from January 2024, was AED 66,876.
How big is unit G28?
502 sqft (46.6 sqm): a studio on the ground floor of a 4-storey tower completed in 2023.
What is unit G28 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Luma21 sold for AED 300,000 to 800,000 in the last 12 months, around AED 1,574 per sqft.
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Mortgage on G28, Luma21
Starts from the last sale price (AED 630K, 24 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus AED 31,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →