Unit 127, Luma 22 East Tower: what it sold for and what it is worth now

Unit 127 at Luma 22 East Tower is a studio of 552 sq ft. It last sold for AED 641,410 on 17 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 903,000 today.

Value todayAED 903,000AED 844,000 to AED 927,000
Last saleAED 641,41017 Mar 2023 · Off-plan
Change since last sale+40.8% 
Rent (median asking, studio)AED 65,500Gross yield 7.3%
Bedroomsstudio
Size552 sq ft
Floor1 (from the unit number)
Position in the towerStack 27: units ending 27 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 127

DatePriceSizeAED/sq ftType
17 Mar 2023AED 641,410552 sq ft1,162Off-plan

Units ending 27 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
22714 Aug 2025AED 750,000459 sq ft1,634Resale
3275 Nov 2024AED 805,500468 sq ft1,721Resale
32725 Sep 2023AED 708,900468 sq ft1,515Off-plan
42727 Feb 2023AED 608,312459 sq ft1,325Off-plan
2279 Jan 2023AED 506,931459 sq ft1,104Off-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 (552 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 127 at Luma 22 East Tower worth?

About AED 903,000 (range AED 844,000 to AED 927,000), based on AED 1,636 per sq ft from registered sales up to 10 Jun 2026.

When did unit 127 last sell?

17 Mar 2023, for AED 641,410 (off-plan). It has 1 registered sale.

What rent can unit 127 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 7.3% on the estimate.

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

Unit 126 · Unit 128