Unit 128, Luma 22 East Tower: what it sold for and what it is worth now

Unit 128 at Luma 22 East Tower is a studio of 551 sq ft. It last sold for AED 641,410 on 27 Mar 2023. At AED 1,583 per sq ft, from 3 sales of units ending 28 (same position in the tower), it is worth about AED 872,000 today.

Value todayAED 872,000AED 690,000 to AED 944,000
Last saleAED 641,41027 Mar 2023 · Off-plan
Change since last sale+36.0% 
Rent (median asking, studio)AED 65,500Gross yield 7.5%
Bedroomsstudio
Size551 sq ft
Floor1 (from the unit number)
Position in the towerStack 28: units ending 28 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 128

DatePriceSizeAED/sq ftType
27 Mar 2023AED 641,410551 sq ft1,164Off-plan

Units ending 28 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
22819 May 2025AED 725,000458 sq ft1,583Resale
32827 Feb 2025AED 430,250467 sq ft921Resale
32816 Oct 2024AED 860,500467 sq ft1,843Resale
32825 Aug 2023AED 695,000467 sq ft1,488Off-plan
4281 Mar 2023AED 608,312458 sq ft1,328Off-plan
22817 Jan 2023AED 522,608458 sq ft1,141Off-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 3 resale sales of units ending 28 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,583). We multiplied it by the size of this unit (551 sq ft). The range uses the middle half of those sales (AED 1,252 to AED 1,713 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 128 at Luma 22 East Tower worth?

About AED 872,000 (range AED 690,000 to AED 944,000), based on AED 1,583 per sq ft from registered sales up to 10 Jun 2026.

When did unit 128 last sell?

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

What rent can unit 128 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 7.5% on the estimate.

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

Unit 127 · Unit 129