Unit 429, Luma 22 East Tower: what it sold for and what it is worth now

Unit 429 at Luma 22 East Tower is a studio of 458 sq ft. It last sold for AED 633,659 on 1 Mar 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 749,000 today.

Value todayAED 749,000AED 700,000 to AED 769,000
Last saleAED 633,6591 Mar 2023 · Off-plan
Change since last sale+18.2% 
Rent (median asking, studio)AED 65,500Gross yield 8.7%
Bedroomsstudio
Size458 sq ft
Floor4 (from the unit number)
Position in the towerStack 29: units ending 29 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 429

DatePriceSizeAED/sq ftType
1 Mar 2023AED 633,659458 sq ft1,384Off-plan

Units ending 29 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
3298 Jan 2025AED 880,500467 sq ft1,885Resale
32925 Aug 2023AED 695,000467 sq ft1,488Off-plan
1291 Mar 2023AED 654,500551 sq ft1,188Off-plan
22926 Jan 2023AED 539,974458 sq ft1,179Off-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 (458 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 429 at Luma 22 East Tower worth?

About AED 749,000 (range AED 700,000 to AED 769,000), based on AED 1,636 per sq ft from registered sales up to 10 Jun 2026.

When did unit 429 last sell?

1 Mar 2023, for AED 633,659 (off-plan). It has 1 registered sale.

What rent can unit 429 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 8.7% on the estimate.

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

Unit 428 · Unit 430