Project profile
Luma22 Project · Jumeirah Village Circle · prices, sales and rents
Registered prices, construction progress and the record across its buildings.
Developer: Townx Real Estate Development
Data to 5 November 2026
- Registered sales
- 11
- Last 12 months
- Median ready price
- AED 1,480
- Per sq ft
- Construction progress
- 100%
- Completed
Dubai Land Department lists the project as completed on 30 September 2024. In the last 12 months, Dubai Land Department registered 11 sales in Luma22, worth AED 11.6M in total. The median price of ready homes was 1,480 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
A completed project.
Completed
- Start
- 1 December 2022
- DLD end date
- 30 September 2024
- Completion
- 30 September 2024
- Units
- 407
- Buildings
- 2
Launch and latest registrations.
- Launch price
- AED 1,132
- First 90 days from Dec 2022, 135 home sales
- Last 12 months
- AED 1,480
- 11 home sales
- Change
- —
- Same home types, AED/sqft
Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.
Luma22 registered prices, over time.
Median registered price, AED per sq ft
- Ready (registered sales)
- Off-plan (registered sales)
Show the figures
| Month | Ready (registered sales) | Off-plan (registered sales) |
|---|---|---|
| Nov 2023 | — | 1,455 AED/sqft 21 sales |
| Dec 2023 | — | 1,401 AED/sqft 7 sales |
| Jan 2024 | — | 1,516 AED/sqft 16 sales |
| Feb 2024 | — | 1,386 AED/sqft 15 sales |
| Mar 2024 | — | 1,400 AED/sqft 23 sales |
| Apr 2024 | — | 1,372 AED/sqft 8 sales |
| May 2024 | — | 1,387 AED/sqft 5 sales |
| Jun 2024 | — | 1,387 AED/sqft 7 sales |
| Jul 2024 | — | 1,385 AED/sqft 10 sales |
| Aug 2024 | — | 1,372 AED/sqft 8 sales |
| Sep 2024 | 1,313 AED/sqft 9 sales | 1,401 AED/sqft 5 sales |
| Oct 2024 | 1,521 AED/sqft 23 sales | — |
| Nov 2024 | 1,506 AED/sqft 18 sales | — |
| Dec 2024 | 1,563 AED/sqft 11 sales | — |
| Jan 2025 | 1,522 AED/sqft 7 sales | — |
| Feb 2025 | 1,638 AED/sqft 7 sales | — |
| Mar 2025 | 1,602 AED/sqft 5 sales | — |
| Apr 2025 | — 4 sales | — |
| May 2025 | 1,597 AED/sqft 7 sales | — |
| Jun 2025 | — 2 sales | — |
| Jul 2025 | — 3 sales | — |
| Aug 2025 | 1,636 AED/sqft 5 sales | — |
| Sep 2025 | — 1 sale | — |
| Oct 2025 | — 3 sales | — |
| Nov 2025 | — 3 sales | — |
| Dec 2025 | — 1 sale | — |
| Jan 2026 | — | — |
| Feb 2026 | — | — |
| Mar 2026 | — 3 sales | — |
| Apr 2026 | — 1 sale | — |
| May 2026 | — 2 sales | — |
| Jun 2026 | — 1 sale | — |
| Jul 2026 | — 1 sale | — |
What does each home type sell and rent for in Luma22?
Apartment · Studio
- Ready median price
- AED 750K
- Median yearly rent
- AED 55K
- Gross yield
- Rent only
Apartment · 1 bed
- Ready median price
- —
- Median yearly rent
- AED 85K
- Gross yield
- Rent only
Apartment · 2 beds
- Ready median price
- —
- Median yearly rent
- AED 110K
- Gross yield
- Rent only
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
Service charges.
In the area report.
The Jumeirah Village Circle area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Jumeirah Village Circle area reportExplore the towers.
The latest registered sales in Luma22.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 31 Jul 2026 | Apartment · 1 bed · ReadyWest Tower | 893 sqft | AED 1,175,000 | 1,316 |
| 10 Jun 2026 | Apartment · 1 bed · ReadyEast Tower | 825 sqft | AED 1,093,000 | 1,325 |
| 11 May 2026 | Apartment · Studio · ReadyEast Tower | 446 sqft | AED 660,000 | 1,480 |
| 7 May 2026 | Apartment · 1 bed · ReadyWest Tower | 787 sqft | AED 1,025,000 | 1,302 |
| 21 Apr 2026 | Apartment · 1 bed · ReadyWest Tower | 734 sqft | AED 945,000 | 1,287 |
| 31 Mar 2026 | Apartment · Studio · ReadyWest Tower | 467 sqft | AED 790,000 | 1,692 |
| 13 Mar 2026 | Apartment · Studio · ReadyEast Tower | 458 sqft | AED 780,000 | 1,703 |
| 9 Mar 2026 | Apartment · 2 beds · ReadyWest Tower | 1,269 sqft | AED 2,050,000 | 1,615 |
| 15 Dec 2025 | Apartment · 2 beds · ReadyEast Tower | 1,259 sqft | AED 1,700,000 | 1,350 |
| 20 Nov 2025 | Apartment · Studio · ReadyEast Tower | 458 sqft | AED 750,000 | 1,638 |
31 Jul 2026
Apartment1 bedReady893 sqft
West TowerAED 1,175,0001,316 AED/sqft
10 Jun 2026
Apartment1 bedReady825 sqft
East TowerAED 1,093,0001,325 AED/sqft
11 May 2026
ApartmentStudioReady446 sqft
East TowerAED 660,0001,480 AED/sqft
7 May 2026
Apartment1 bedReady787 sqft
West TowerAED 1,025,0001,302 AED/sqft
21 Apr 2026
Apartment1 bedReady734 sqft
West TowerAED 945,0001,287 AED/sqft
31 Mar 2026
ApartmentStudioReady467 sqft
West TowerAED 790,0001,692 AED/sqft
13 Mar 2026
ApartmentStudioReady458 sqft
East TowerAED 780,0001,703 AED/sqft
9 Mar 2026
Apartment2 bedsReady1,269 sqft
West TowerAED 2,050,0001,615 AED/sqft
15 Dec 2025
Apartment2 bedsReady1,259 sqft
East TowerAED 1,700,0001,350 AED/sqft
20 Nov 2025
ApartmentStudioReady458 sqft
East TowerAED 750,0001,638 AED/sqft
Questions about Luma22
What is the price per sq ft in Luma22?
In the 12 months to 5 November 2026, the median registered sale price of ready homes was 1,480 AED/sqft.
How many homes were sold in Luma22 in the last 12 months?
In the last 12 months, Dubai Land Department registered 11 sales in Luma22, worth AED 11.6M in total. The median price of ready homes was 1,480 AED/sqft. Registered sales to 5 November 2026.
What is the rent in Luma22?
In the 12 months to 5 November 2026, Apartment · Studio was the most rented home type in Luma22, at a median of AED 55,000 a year over 124 new contracts.
When was Luma22 completed?
Dubai Land Department lists the project as completed on 30 September 2024.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 5 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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