Unit 102, Luma 22 East Tower: what it sold for and what it is worth now

Unit 102 at Luma 22 East Tower is a studio of 553 sq ft. It last sold for AED 595,000 on 26 Feb 2023. At AED 1,636 per sq ft, from 8 sales in the building in the last 12 months (studio), it is worth about AED 905,000 today.

Value todayAED 905,000AED 845,000 to AED 928,000
Last saleAED 595,00026 Feb 2023 · Off-plan
Change since last sale+52.1% 
Rent (median asking, studio)AED 65,500Gross yield 7.2%
Bedroomsstudio
Size553 sq ft
Floor1 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingLuma 22 East Tower by TownX, handed over 2024
Registered sales of this unit1

Every registered sale of unit 102

DatePriceSizeAED/sq ftType
26 Feb 2023AED 595,000553 sq ft1,076Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40224 Mar 2025AED 750,000467 sq ft1,606Resale
2024 Dec 2024AED 685,000467 sq ft1,467Resale
30225 Sep 2023AED 698,000467 sq ft1,495Off-plan
4029 Aug 2023AED 707,490467 sq ft1,515Off-plan
2022 Jan 2023AED 530,806467 sq ft1,137Off-plan

Latest studio sales in Luma 22 East Tower

UnitDatePriceSizeAED/sq ftType
2099 May 2026AED 660,000446 sq ft1,480Resale
23413 Mar 2026AED 780,000458 sq ft1,703Resale
23120 Nov 2025AED 750,000458 sq ft1,638Resale
31212 Nov 2025AED 675,252437 sq ft1,545Resale
3133 Nov 2025AED 752,000437 sq ft1,721Resale
22714 Aug 2025AED 750,000459 sq ft1,634Resale
13623 Jul 2025AED 740,000551 sq ft1,343Resale
23730 Jun 2025AED 765,000458 sq ft1,670Resale

How we worked out the value

We took the 8 sales in Luma 22 East Tower in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,636). We multiplied it by the size of this unit (553 sq ft). The range uses the middle half of those sales (AED 1,529 to AED 1,678 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 10 Jun 2026, from the Dubai Land Department register.

Questions

What is unit 102 at Luma 22 East Tower worth?

About AED 905,000 (range AED 845,000 to AED 928,000), based on AED 1,636 per sq ft from registered sales up to 10 Jun 2026.

When did unit 102 last sell?

26 Feb 2023, for AED 595,000 (off-plan). It has 1 registered sale.

What rent can unit 102 make?

A studio in Luma 22 East Tower rents for about AED 65,500 a year (median asking rent). That is a gross yield of 7.2% on the estimate.

Sales alert for Luma 22 East TowerAll sales in Luma 22 East Tower

Unit 101 · Unit 103