Unit 309, Luma 22 East Tower: what it sold for and what it is worth now

Unit 309 at Luma 22 East Tower is a studio of 437 sq ft. It last sold for AED 635,350 on 20 Sep 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 715,000 today.

Value todayAED 715,000AED 668,000 to AED 734,000
Last saleAED 635,35020 Sep 2023 · Off-plan
Change since last sale+12.5% 
Rent (median asking, studio)AED 65,500Gross yield 9.2%
Bedroomsstudio
Size437 sq ft
Floor3 (from the unit number)
Position in the towerStack 09: units ending 09 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 309

DatePriceSizeAED/sq ftType
20 Sep 2023AED 635,350437 sq ft1,454Off-plan

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
2099 May 2026AED 660,000446 sq ft1,480Resale
4099 Dec 2024AED 2,179,2341,845 sq ft1,181Resale
1096 Mar 2023AED 538,192437 sq ft1,232Off-plan
20929 Dec 2022AED 507,298446 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 (437 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 309 at Luma 22 East Tower worth?

About AED 715,000 (range AED 668,000 to AED 734,000), based on AED 1,636 per sq ft from registered sales up to 10 Jun 2026.

When did unit 309 last sell?

20 Sep 2023, for AED 635,350 (off-plan). It has 1 registered sale.

What rent can unit 309 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 9.2% on the estimate.

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

Unit 308 · Unit 310