PropertyIndex

Luma Park Views

Under Construction · Due Q2 2026 · 95%|606 units · 1 tower

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Luma Park Views is an under-construction apartment development by TOWNX REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 606 registered units. 543 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,512 per sqft. At AED 1,512 per sqft, Luma Park Views prices 4% above the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 1.0% YoY
1.49MAED
Typical
1,512AED
PSF
Gross yield
6.4%
PIX© rent ÷ PIX© price
Sale records
543
DLD · all time
Rent contracts
338
Ejari · all time
Luma Park Views

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
798 – 5,131 sqft
6061.49M1,5121.0%96K6.4%
Residential
1 Bed · Apartment
798 – 1,253 sqft
445
2 Bed · Apartment
1,234 – 1,360 sqft
59
3 Bed · Apartment
1,298 – 1,711 sqft
96
Commercial
Shop
1,414 – 5,131 sqft
6
Sales — Project-Wide543 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 434 sales
Floors 5-11 · 138 sales
Floors 12-13 · 50 sales
Floors 14-24 · 246 sales
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
13 Aug 2026Floor 228811,247,2321,416Entry LevelPayment Plan Sale
12 Aug 2026Floor 148381,161,8401,386Entry LevelPayment Plan Sale
12 Aug 2026Floor 218491,277,4601,504StandardPayment Plan Sale
Rentals — Project-Wide338 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
28 Aug 20261 Bed88085,00097Standardnew
28 Aug 20261 Bed88075,00085Entry Levelnew
25 Aug 20261 Bed88080,00091Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Luma Park Views

Answered from Dubai Land Department registered transactions.

How much does a property in Luma Park Views cost?

Property in Luma Park Views sells at a current PIX© price of AED 1,512 per sqft, or about AED 1,489,394 for a typical unit, based on 543 sales registered with the Dubai Land Department.

When is Luma Park Views handing over?

Luma Park Views is under construction, due q2 2026, and is 95% complete against the Dubai Land Department's reported progress.

Who is the developer of Luma Park Views?

Luma Park Views is developed by TOWNX REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Luma Park Views?

Luma Park Views yields 6.4% gross, calculated from current PIX© rent against current PIX© sale price, across 338 registered Ejari contracts.

How many units are in Luma Park Views?

Luma Park Views holds 606 registered units, per the Dubai Land Department unit register.

Have prices in Luma Park Views gone up or down?

Price per sqft has fallen -1.0% over the last 12 months, to AED 1,512, across 543 registered sales.