Unit 405, Luma 22 East Tower: what it sold for and what it is worth now

Unit 405 at Luma 22 East Tower is a 2 bed of 2,051 sq ft. It last sold for AED 2,241,412 on 4 Nov 2024. At AED 1,399 per sq ft, from 10 sales in the building in the last 24 months (2 bed), it is worth about AED 2,870,000 today.

Value todayAED 2,870,000AED 2,618,000 to AED 3,080,000
Last saleAED 2,241,4124 Nov 2024 · Resale
Change since last sale+28.0%Building trend alone: AED 2,275,620
Rent (median asking, 2 bed)AED 130,000Gross yield 4.5%
Bedrooms2 bed
Size2,051 sq ft
Floor4 (from the unit number)
Position in the towerStack 05: units ending 05 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 405

DatePriceSizeAED/sq ftType
4 Nov 2024AED 2,241,4122,051 sq ft1,093Resale

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1059 Aug 2023AED 1,046,594894 sq ft1,171Off-plan
30519 Jul 2023AED 1,219,122893 sq ft1,365Off-plan
20526 Feb 2023AED 1,078,935894 sq ft1,207Off-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
43810 Oct 2024AED 1,863,2301,139 sq ft1,636Resale

How we worked out the value

We took the 10 sales in Luma 22 East Tower in the last 24 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,399). We multiplied it by the size of this unit (2,051 sq ft). The range uses the middle half of those sales (AED 1,277 to AED 1,501 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,275,620. 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 405 at Luma 22 East Tower worth?

About AED 2,870,000 (range AED 2,618,000 to AED 3,080,000), based on AED 1,399 per sq ft from registered sales up to 10 Jun 2026.

When did unit 405 last sell?

4 Nov 2024, for AED 2,241,412 (resale). It has 1 registered sale.

What rent can unit 405 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 4.5% on the estimate.

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

Unit 404 · Unit 406