Bedroom typeJumeirah Village Circle (JVC) · Townx Real Estate Development · 2023

Studios in Luma21

Studios in Jumeirah Village Circle (JVC). 4 studios sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · studiosUpdated 1 March 2026
Typical price per sqftAED 1,6424 sales
Typical saleAED 748K4 sales
Typical rentAED 59K /yrAED 123 per sqft
Typical yield7.5%gross, before service charges

About the studios in Luma21

Luma21 has 184 studios, 77% of its 238 apartments, at 212 to 557 sqft. They are the most traded homes in the building: 5 of the 6 sales registered in the last 12 months were studios.

4 studios sold in the 12 months to March 2026, at a median of AED 1,642 per sqft. The median sale was AED 748,000, from AED 665,000 to 800,000, against a median of AED 1,505 per sqft for the building as a whole. 25 contracts registered over the same 12 months rented them for AED 45,000 to 70,000 a year, a gross yield of about 7.5% before the service charge.

Studios
184
Share of building
77%
Size
212–557 sqft
Last sale
11 February 2026
Building
Luma21

Jumeirah Village Circle (JVC), Dubai

Average prices in Luma21

Studios in Luma21 sell for around AED 730,000, or AED 1,574 per sqft, 5% more per sqft than the building average. The other types: AED 1,630,000 for two-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

Studio price history in Luma21

1,5001,6001,700May 2026Nov 20262026-01-05: AED 1,436, Studio, 557 sqft2026-01-07: AED 1,725, Studio, 423 sqft2026-01-07: AED 1,709, Studio, 447 sqft2026-02-11: AED 1,574, Studio, 422 sqftTrend: AED 1,621 to AED 1,585

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Studio transactions in Luma21

  • CompletedStudio · 422 sqft 11 Feb 2026AED 665,0001,575 /sqft
  • CompletedStudio · 211 sqft 07 Jan 2026AED 730,0003,451 /sqft
  • CompletedStudio · 447 sqft 07 Jan 2026AED 765,0001,711 /sqft
  • CompletedStudio · 556 sqft 05 Jan 2026AED 800,0001,437 /sqft
  • CompletedStudio · 425 sqft 30 Apr 2025AED 680,0001,599 /sqft
  • CompletedStudio · 422 sqft 24 Apr 2025AED 670,0001,587 /sqft
  • CompletedStudio · 422 sqft 04 Mar 2025AED 750,0001,776 /sqft
  • CompletedStudio · 556 sqft 11 Feb 2025AED 715,0001,284 /sqft
  • CompletedStudio · 555 sqft 04 Feb 2025AED 720,0001,295 /sqft
  • CompletedStudio · 425 sqft 16 Jan 2025AED 685,0001,610 /sqft

Over the last 12 months, Luma21 has recorded 4 studio sales. Typical homes sold for around AED 748K (about AED 1,642 per sqft) with a median size of 435 sqft, from roughly AED 665K to AED 800K.

1–10 of 254

Studios in Luma21

184 units
  • Unit 102Studio · 556 sqftSold AED 715K, May 2024
  • Unit 104Studio · 552 sqftSold AED 507K, May 2022
  • Unit 105Studio · 557 sqftSold AED 800K, Jan 2026
  • Unit 108Studio · 446 sqftSold AED 570K, Nov 2023
  • Unit 109Studio · 447 sqftSold AED 443K, Aug 2022
  • Unit 110Studio · 447 sqftSold AED 443K, Aug 2022
  • Unit 111Studio · 448 sqftSold AED 660K, Aug 2024
  • Unit 112Studio · 447 sqftSold AED 452K, Aug 2022
  • Unit 113Studio · 447 sqftSold AED 452K, Aug 2022
  • Unit 114Studio · 447 sqftSold AED 567K, Dec 2022
1–10 of 184
Every unit in Luma21, by number

Nearby in Jumeirah Village Circle (JVC)

All 316 →
BuildingSale /sqftYield
Emirates Gardens 2 - Mulberry 2AED 8158.0%
Emirates Gardens 2 - Mulberry 1AED 8287.7%
99 Park PlaceAED 1,352
Belgravia 2 by EllingtonAED 1,3268.1%
AURA by GrovyAED 1,5547.6%
1–5 of 315 · nearest first

Luma21 studios in numbers

  • Across 4 DLD sales in the 12 months to March 2026, the median price in Studios in Luma21 was AED 1,642 per sqft and the typical home sold for about AED 748K.
  • Completed in 2023 by Townx Real Estate Development ; 4 floors of studios to three-beds.
  • Studios of 212 to 557 sqft sold for AED 665,000 to 800,000 between January 2026 and February 2026, a median AED 1,642 per sqft.
  • A studio of 212 to 557 sqft rents for AED 45,000 to 70,000 a year on the 25 contracts registered in the last 12 months.
  • Gross rental yield 7.5%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 1 March 2026.

Questions

How much does a studio in Luma21 cost?

4 studios sold in the 12 months to March 2026, for AED 665,000 to 800,000; the median was AED 747,500, or AED 1,642 per sqft.

How much is a studio for rent in Luma21?

About AED 59,000 a year: that is the median of the 25 contracts for studios registered with Ejari in the 12 months to March 2026, from AED 45,000 to 70,000.

What is the rental yield in Luma21?

About 7.5% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Who built Luma21 and when?

Townx Real Estate Development ; completed in 2023; 4 floors; 238 apartments.

How many studios are there in Luma21?

184, of 212 to 557 sqft, 77% of the building's 238 apartments.

For sale with OpenOffers in Jumeirah Village Circle (JVC)

No Jumeirah Village Circle (JVC) property is on the board today. Follow Jumeirah Village Circle (JVC) to hear the day one is listed, or see what is for sale across Dubai with every offer public.