Unit 103, Luma 22 East Tower: what it sold for and what it is worth now

Unit 103 at Luma 22 East Tower is a studio of 553 sq ft. It last sold for AED 583,100 on 14 Mar 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 583,10014 Mar 2023 · Off-plan
Change since last sale+55.2% 
Rent (median asking, studio)AED 65,500Gross yield 7.2%
Bedroomsstudio
Size553 sq ft
Floor1 (from the unit number)
Position in the towerStack 03: units ending 03 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 103

DatePriceSizeAED/sq ftType
14 Mar 2023AED 583,100553 sq ft1,054Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20325 Sep 2024AED 700,000467 sq ft1,499Resale
30316 Aug 2023AED 691,020467 sq ft1,480Off-plan
40316 Mar 2023AED 633,659467 sq ft1,357Off-plan
20310 Jan 2023AED 530,807467 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 103 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 103 last sell?

14 Mar 2023, for AED 583,100 (off-plan). It has 1 registered sale.

What rent can unit 103 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 102 · Unit 104