G29, Luma21
Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G29, Luma21
What is G29 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 502 sqft
- Floor
- Ground of 4
- Parking
- 1
- Developer
- Townx Real Estate Development
- Completed
- 2023
- Last sold
- AED 552K · November 2022
- Building
- Luma21
About G29, Luma21
G29 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. The developer sold it on 23 November 2022 for AED 552,000, or AED 1,100 per sqft, 9% above the AED 1,010 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 47,000 a year: a gross yield of 8.5% on the 2022 price.
Sales and rents for G29 over time
G29 has sold once; 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 G29 sits
All 184 studios →G29 last sold in November 2022 at AED 1,100 per sqft, 9% above what studios in Luma21 were fetching at the time (AED 1,010). 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. G29's AED 47,000 is in the lower half 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 | ||
| G28 | Studio | 502 sqft | AED 630KAED 630,000 · Oct 2023October 2023 | 70,077 /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 |
G29, Luma21 in numbers
- Sold once: by Townx Real Estate Development on 23 November 2022 for AED 552,000, or AED 1,100 per sqft.
- Rented since February 2023 on 4 Ejari contracts, from AED 42,000 to AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2022 price is 8.5%.
- 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 1 March 2026.
Questions about G29, Luma21
What did unit G29 last sell for?
AED 552,000 on 23 November 2022, sold by the developer: AED 1,100 per sqft for 502 sqft. It is the only registered sale of the unit.
What is the rent for unit G29?
AED 47,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 45,150; the unit has been rented since February 2023.
How big is unit G29?
502 sqft (46.6 sqm): a studio on the ground floor of a 4-storey tower completed in 2023.
What is unit G29 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.
Selling G29? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on G29, Luma21
Starts from the last sale price (AED 552K, 23 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 552,000
- Deposit, UAE resident (20%)
- AED 110,400
- Deposit, non-resident (40%)
- AED 220,800
- Monthly over 25 years at 3.7%
- AED 2,258
Plus AED 28,194 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →