Unit 316, Luma 22 East Tower: what it sold for and what it is worth now

Unit 316 at Luma 22 East Tower is a 2 bed of 1,258 sq ft. It last sold for AED 1,770,513 on 8 Sep 2023. At AED 1,482 per sq ft, from 3 sales of units ending 16 (same position in the tower), it is worth about AED 1,865,000 today.

Value todayAED 1,865,000AED 1,826,000 to AED 1,881,000
Last saleAED 1,770,5138 Sep 2023 · Off-plan
Change since last sale+5.3% 
Rent (median asking, 2 bed)AED 130,000Gross yield 7.0%
Bedrooms2 bed
Size1,258 sq ft
Floor3 (from the unit number)
Position in the towerStack 16: units ending 16 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 316

DatePriceSizeAED/sq ftType
8 Sep 2023AED 1,770,5131,258 sq ft1,407Off-plan

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11623 Jan 2025AED 1,896,9751,258 sq ft1,508Resale
41618 Dec 2024AED 935,000658 sq ft1,421Resale
21611 Dec 2024AED 1,864,6001,258 sq ft1,482Resale
41614 Mar 2023AED 794,924658 sq ft1,208Off-plan

Latest 2 bed sales in Luma 22 East Tower

UnitDatePriceSizeAED/sq ftType
41712 Dec 2025AED 1,700,0001,259 sq ft1,350Resale
41827 Oct 2025AED 2,200,0001,757 sq ft1,252Resale
11623 Jan 2025AED 1,896,9751,258 sq ft1,508Resale
21611 Dec 2024AED 1,864,6001,258 sq ft1,482Resale
4099 Dec 2024AED 2,179,2341,845 sq ft1,181Resale
41027 Nov 2024AED 1,753,5401,259 sq ft1,393Resale
40727 Nov 2024AED 1,885,2541,341 sq ft1,406Resale
4054 Nov 2024AED 2,241,4122,051 sq ft1,093Resale

How we worked out the value

We took the 3 resale sales of units ending 16 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,482). We multiplied it by the size of this unit (1,258 sq ft). The range uses the middle half of those sales (AED 1,452 to AED 1,495 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 316 at Luma 22 East Tower worth?

About AED 1,865,000 (range AED 1,826,000 to AED 1,881,000), based on AED 1,482 per sq ft from registered sales up to 10 Jun 2026.

When did unit 316 last sell?

8 Sep 2023, for AED 1,770,513 (off-plan). It has 1 registered sale.

What rent can unit 316 make?

A 2 bed in Luma 22 East Tower rents for about AED 130,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

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

Unit 315 · Unit 317