PropertyIndex

Luma21

Completed|256 units · 1 building

Luma21 is a completed community by TOWNX REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 256 registered units. 337 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,536 per sqft. At AED 1,536 per sqft, Luma21 prices 9% above the Jumeirah Village Circle median of AED 1,414 per sqft on registered sales.

PIX© price · 0.5% YoY
756KAED
Typical
1,536AED
PSF
Gross yield
7.5%
PIX© rent ÷ PIX© price
Sale records
337
DLD · all time
Rent contracts
656
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.

Floor
Units on floor 1

Studio on Floor 1

Size
Record
Nov 2022 to Jan 2026
Owners
3
Tenants
2
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
3Owner 35 Jan 20268 mo
Current owner
Sold with tenant in place
2Tenant 222 Sep 2025
Renewal
Owner 2
2Owner 211 Feb 202511 mo
Sold with tenant in place
2Tenant 222 Sep 202412 mo
Owner 1
1Tenant 122 Sep 202312 mo
Owner 1
1Owner 11 Nov 20222.3 yrs
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Studio · Floor 1
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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
256756K1,5360.5%57K7.5%
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
Warehouse
14 - 24 sqft
18-----
Sales - Project-Wide337 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 Aug 20261 BedFloor 2696915,0001,315+17.6%StandardStandard Sale
29 Jun 2026StudioFloor 1426680,0001,598+54.7%StandardStandard Sale
23 Jun 20261 BedFloor 1892984,0001,103+39.2%StandardStandard Sale
Rentals - Project-Wide656 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
20 Sep 2026StudioFloor G50255,200110-StandardCONTRACT
20 Sep 2026StudioFloor G50255,200110-StandardCONTRACT
15 Sep 20261 BedFloor 469672,000103-Entry LevelCONTRACT

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 1,536 per sqft, or about AED 756,098 for a typical unit, based on 337 sales registered with the Dubai Land Department.

Is Luma21 completed?

Yes. Luma21 is recorded as completed in the Dubai Land Department project register.

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 7.5% gross, calculated from current PIX© rent against current PIX© sale price, across 656 registered Ejari contracts.

How many units are in Luma21?

Luma21 holds 256 registered units, per the Dubai Land Department unit register.

Have prices in Luma21 gone up or down?

Price per sqft has fallen -0.5% over the last 12 months, to AED 1,536, across 337 registered sales.