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 1,543 per sqft. At AED 1,543 per sqft, Luma21 prices 7% above the Jumeirah Village Circle median of AED 1,441 per sqft on registered sales.

PIX© price · ↑14.0% YoY
753KAED
Typical
1,543AED
PSF
Gross yield
7.5%
PIX© rent ÷ PIX© price
Sale records
337
DLD · all time
Rent contracts
685
Ejari · all time
Exclusive to PropertyIndex©

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
Aug 2022 to Oct 2026
Owners
3
Tenants
5
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
5Tenant 517 Oct 2026
Owner 3
4Tenant 415 May 202513 mo
Renewal
Owner 3
4Tenant 415 May 202412 mo
Owner 3
3Owner 317 Apr 20242.5 yrs
Current owner
2Owner 29 Sep 20237 mo
Sold with tenant in place
1Tenant 110 Feb 202312 mo
Owner 1 · Registered 3 times
1Owner 120 Aug 202213 mo
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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
256753K1,543↑14.0%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-Wide685 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
1 Dec 2026StudioFloor 242240,00095-Entry LevelCONTRACT
1 Nov 2026StudioFloor 342148,000114-StandardCERTIFICATE
1 Nov 2026StudioFloor 342247,000111-StandardCONTRACT

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 1,543 per sqft, or about AED 752,801 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 685 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 risen +14.0% over the last 12 months, to AED 1,543, across 337 registered sales.