PropertyIndex

Luma21

Completed · Q2 2023|247 units · 1 building

Alerts: Get notified of every new DLD-registered sale and rental contract.

Luma21 is a completed apartment development by TOWNX REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 247 registered units. 338 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,431 per sqft. At AED 1,431 per sqft, Luma21 prices 1% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 7.3% YoY
731KAED
Typical
1,431AED
PSF
Gross yield
8.5%
PIX© rent ÷ PIX© price
Sale records
338
DLD · all time
Rent contracts
637
Ejari · all time
Luma21

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
14 – 1,263 sqft
247731K1,4317.3%62K8.5%
Residential
Studio · Apartment
420 – 557 sqft
191
1 Bed · Apartment
596 – 1,079 sqft
39
2 Bed · Apartment
1,144 sqft
3
3 Bed · Apartment
1,184 – 1,263 sqft
5
Commercial
Store
14 – 24 sqft
9
Sales — Project-Wide338 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
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
29 Jun 2026StudioFloor 1426680,0001,598+54.7%StandardStandard Sale
26 Jun 2026Studio422580,0001,374Entry LevelStandard Sale
23 Jun 20261 BedFloor 1892984,0001,103+39.2%StandardStandard Sale
Rentals — Project-Wide637 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 284 rentals
Floors 1-2 · 136 rentals
Floor 3 · 75 rentals
Floor 4 · 73 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
6 Sep 2026Studio45250,000111Standardnew
20 Aug 20263 Bed1,184140,000118Standardrenewal
16 Aug 2026StudioFloor 244850,000112-12.3%Standardnew

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 Luma21

Answered from Dubai Land Department registered transactions.

How much does a property in Luma21 cost?

Property in Luma21 sells at a current PIX© price of AED 1,431 per sqft, or about AED 731,037 for a typical unit, based on 338 sales registered with the Dubai Land Department.

Is Luma21 completed?

Yes. Luma21 is recorded as completed in the Dubai Land Department project register (completed q2 2023).

Who is the developer of Luma21?

Luma21 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 Luma21?

Luma21 yields 8.5% gross, calculated from current PIX© rent against current PIX© sale price, across 637 registered Ejari contracts.

How many units are in Luma21?

Luma21 holds 247 registered units, per the Dubai Land Department unit register.

Have prices in Luma21 gone up or down?

Price per sqft has fallen -7.3% over the last 12 months, to AED 1,431, across 338 registered sales.