Unit 404, Luma 22 East Tower: what it sold for and what it is worth now

Unit 404 at Luma 22 East Tower is a 1 bed of 844 sq ft. It last sold for AED 1,255,232 on 22 Jun 2023. At AED 1,372 per sq ft, from 15 sales in the building in the last 24 months (1 bed), it is worth about AED 1,158,000 today.

Value todayAED 1,158,000AED 1,083,000 to AED 1,237,000
Last saleAED 1,255,23222 Jun 2023 · Off-plan
Change since last sale-7.7% 
Rent (median asking, 1 bed)AED 82,500Gross yield 7.1%
Bedrooms1 bed
Size844 sq ft
Floor4 (from the unit number)
Position in the towerStack 04: units ending 04 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 404

DatePriceSizeAED/sq ftType
22 Jun 2023AED 1,255,232844 sq ft1,487Off-plan

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10414 May 2025AED 1,250,000970 sq ft1,289Resale
30410 Apr 2023AED 1,217,268844 sq ft1,442Off-plan
10428 Feb 2023AED 1,109,852970 sq ft1,144Off-plan
20411 Jan 2023AED 970,193844 sq ft1,150Off-plan

Latest 1 bed sales in Luma 22 East Tower

UnitDatePriceSizeAED/sq ftType
22610 Jun 2026AED 1,093,000825 sq ft1,325Resale
G1820 Aug 2025AED 1,435,0001,013 sq ft1,417Resale
10414 May 2025AED 1,250,000970 sq ft1,289Resale
G2422 Jan 2025AED 1,323,0001,036 sq ft1,277Resale
41511 Dec 2024AED 1,189,714795 sq ft1,496Resale
G2127 Nov 2024AED 1,178,558960 sq ft1,228Resale
20822 Nov 2024AED 1,050,000708 sq ft1,483Resale
40810 Oct 2024AED 1,217,318887 sq ft1,372Resale

How we worked out the value

We took the 15 sales in Luma 22 East Tower in the last 24 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,372). We multiplied it by the size of this unit (844 sq ft). The range uses the middle half of those sales (AED 1,283 to AED 1,465 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 404 at Luma 22 East Tower worth?

About AED 1,158,000 (range AED 1,083,000 to AED 1,237,000), based on AED 1,372 per sq ft from registered sales up to 10 Jun 2026.

When did unit 404 last sell?

22 Jun 2023, for AED 1,255,232 (off-plan). It has 1 registered sale.

What rent can unit 404 make?

A 1 bed in Luma 22 East Tower rents for about AED 82,500 a year (median asking rent). That is a gross yield of 7.1% on the estimate.

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

Unit 403 · Unit 405