PropertyIndex

Luma 22

Completed|430 units · 2 buildings

Luma 22 is a completed community by TOWNX REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 430 registered units. 492 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,428 per sqft. At AED 1,428 per sqft, Luma 22 prices 1% above the Jumeirah Village Circle median of AED 1,412 per sqft on registered sales.

PIX© price · 8.5% YoY
970KAED
Typical
1,428AED
PSF
Gross yield
7.2%
PIX© rent ÷ PIX© price
Sale records
492
DLD · all time
Rent contracts
626
Ejari · all time
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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building
Floor
Units on floor 3

Studio on Floor 3, West Tower

Size
Record
Sep 2023 to Mar 2026
Owners
3
Tenants
1
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
1Tenant 13 Mar 2026
Owner 3
3Owner 312 Feb 202519 mo
Current owner
2Owner 231 Oct 20243 mo
1Owner 128 Sep 202313 mo
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Studio · Floor 3 · West Tower
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Luma 22

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
33 - 2,112 sqft
430970K1,4288.5%69K7.2%
Residential
Studio · Apartment
412 - 709 sqft
229
1 Bed · Apartment
658 - 1,104 sqft
142
2 Bed · Apartment
1,139 - 2,051 sqft
27
3 Bed · Apartment
1,395 - 2,112 sqft
9---
Commercial
Warehouse
33 - 128 sqft
23-----
Sales - Project-Wide492 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
31 Jul 20261 BedWest Tower · Floor 48931,175,0001,316-StandardStandard Sale
10 Jun 20261 BedEast Tower · Floor 28251,093,0001,325+15.4%StandardStandard Sale
9 May 2026StudioEast Tower · Floor 2446660,0001,479+30.1%StandardStandard Sale
Rentals - Project-Wide626 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
5 Jan 2027StudioWest Tower · Floor G43857,000130-StandardCONTRACT
1 Nov 20261 BedWest Tower · Floor G78680,000102-Entry LevelCONTRACT
18 Oct 2026StudioWest Tower · Floor 346760,165129-PremiumCERTIFICATE

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 22

Answered from Dubai Land Department registered transactions.

How much does a property in Luma 22 cost?

Property in Luma 22 sells at a current PIX© price of AED 1,428 per sqft, or about AED 970,123 for a typical unit, based on 492 sales registered with the Dubai Land Department.

Is Luma 22 completed?

Yes. Luma 22 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Luma 22?

Luma 22 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 22?

Luma 22 yields 7.2% gross, calculated from current PIX© rent against current PIX© sale price, across 626 registered Ejari contracts.

How many units are in Luma 22?

Luma 22 holds 430 registered units, per the Dubai Land Department unit register.

Have prices in Luma 22 gone up or down?

Price per sqft has fallen -8.5% over the last 12 months, to AED 1,428, across 492 registered sales.