G31, Luma21
Sold prices and rental history: sold twice, last in November 2023, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G31, Luma21
What is G31 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 502 sqft
- Floor
- Ground of 4
- Parking
- G15
- Developer
- Townx Real Estate Development
- Completed
- 2023
- Last sold
- AED 675K · November 2023
- Building
- Luma21
About G31, Luma21
G31 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 28 November 2023 for AED 675,000, or AED 1,344 per sqft, 3% above the AED 1,304 studios in the building were fetching at the time.
One Ejari contract is registered, from 10 February 2026. The current contract, signed on 10 February 2026, is AED 59,000 a year: a gross yield of 8.7% on the 2023 price.
Sales and rents for G31 over time
G31 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 G31 sits
All 184 studios →G31 last sold in November 2023 at AED 1,344 per sqft, 3% above 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. G31's AED 59,000 is in the upper 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 | |
| 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 | |
| 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 |
G31, Luma21 in numbers
- Sold twice: first on 29 September 2022 for AED 540,844, last on 28 November 2023 for AED 675,000 (AED 1,344 per sqft).
- Rented since February 2026 on one Ejari contract, at AED 59,000 a year.
- At AED 59,000 a year the gross yield on the 2023 price is 8.7%.
- 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 10 February 2026.
Questions about G31, Luma21
What did unit G31 last sell for?
AED 675,000 on 28 November 2023: AED 1,344 per sqft for 502 sqft. The unit has 2 registered sales; the first was AED 540,844 in September 2022.
What is the rent for unit G31?
AED 59,000 a year on the contract signed on 10 February 2026.
How big is unit G31?
502 sqft (46.6 sqm): a studio on the ground floor of a 4-storey tower completed in 2023.
What is unit G31 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 G31, Luma21
Starts from the last sale price (AED 675K, 28 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 675,000
- Deposit, UAE resident (20%)
- AED 135,000
- Deposit, non-resident (40%)
- AED 270,000
- Monthly over 25 years at 3.7%
- AED 2,762
Plus AED 33,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →