Luma21

Resale

DeveloperTOWNX REAL ESTATE DEVELOPMENT L.L.C

CommunityJumeirah Village Circle

AreaAl Barsha South Fourth

Started

4 years 6 months ago25-07-2021

Handover

2 years 8 months ago30-04-2023

Status

CompleteFinished

Project Description

B+G+4+R+UR Residential Building

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline

Stable

+1%

Growth

Current:AED 1,545/sqft

Last 12M:AED 1,523/sqft

Momentum: Last 12Mvs Prior Year

Stable

+2%

Growth

Last 12M:AED 1,523/sqft

Prior Year:AED 1,491/sqft

Community Compare: Last 90DJumeirah Village Circle

Premium

+23%

Above Avg

Project:AED 1,545/sqft

Community:AED 1,255/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

21Sold (Last 12M)

Supply & Demand Matrix

Luma21 averaged 9% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

Studio

191 units

14 sold177 left

Velocity

1 Bedroom

39 units

5 sold34 left

13%

Velocity

2 Bedrooms

3 units

1 sold2 left

33%

Velocity

3 Bedrooms

5 units

1 sold4 left

20%

Velocity

Layouts & Units (238)

Asset Class	Inventory	Size Range	Price Range	Avg PSF	Sales	Trend
Asset Class Studio FlatPodium + Floors 1-4	Inventory 191units 39 layouts · Typically 1 parking 6-16 sqm balcony	Size Range 212-558sqft	Price Range AED 300K - AED 800K	Avg PSF 1,144	Sales 108	Trend —

Asset Class 1 Bed FlatFloors 1-4	Inventory 39units 17 layouts · Typically 1 parking 6-36 sqm balcony	Size Range 596-1,079sqft	Price Range AED 720K - AED 1.3M	Avg PSF 1,072	Sales 16	Trend —

Asset Class 2 Bed FlatFloors 2-4	Inventory 3units Typically 1 parking ~6 sqm balcony	Size Range 1,144-1,144sqft	Price Range AED 1.2M - AED 1.6M	Avg PSF 1,038	Sales 2	Trend —

Asset Class 3 Bed FlatPodium + Floors 1-4	Inventory 5units 2 layouts · Typically 2 parking 6-13 sqm balcony	Size Range 1,184-1,263sqft	Price Range AED 1.3M - AED 1.7M	Avg PSF 974	Sales 2	Trend —

Asset Class Land	Inventory 0units	Size Range 25,389-50,672sqft	Price Range AED 9.5M - AED 9.5M	Avg PSF 190	Sales 1	Trend —

Grouped into 5 asset classes covering 238 units