Unit 437, Luma 22 East Tower: what it sold for and what it is worth now

Unit 437 at Luma 22 East Tower is a studio of 458 sq ft. It last sold for AED 830,000 on 25 Nov 2024. At AED 1,670 per sq ft, from 3 sales of units ending 37 (same position in the tower), it is worth about AED 765,000 today.

Value todayAED 765,000AED 748,000 to AED 798,000
Last saleAED 830,00025 Nov 2024 · Resale
Change since last sale-7.8%Building trend alone: AED 838,882
Rent (median asking, studio)AED 65,500Gross yield 8.6%
Bedroomsstudio
Size458 sq ft
Floor4 (from the unit number)
Position in the towerStack 37: units ending 37 share the same layout and view
BuildingLuma 22 East Tower by TownX, handed over 2024
Registered sales of this unit2

Every registered sale of unit 437

DatePriceSizeAED/sq ftType
25 Nov 2024AED 830,000458 sq ft1,812Resale
29 Mar 2023AED 633,660458 sq ft1,384Off-plan

Units ending 37 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
23730 Jun 2025AED 765,000458 sq ft1,670Resale
1377 May 2025AED 880,000551 sq ft1,597Resale
33712 Apr 2023AED 674,150467 sq ft1,444Off-plan
13728 Feb 2023AED 628,320551 sq ft1,140Off-plan
23728 Dec 2022AED 506,931458 sq ft1,107Off-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 3 resale sales of units ending 37 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,670). We multiplied it by the size of this unit (458 sq ft). The range uses the middle half of those sales (AED 1,634 to AED 1,741 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 838,882. 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 437 at Luma 22 East Tower worth?

About AED 765,000 (range AED 748,000 to AED 798,000), based on AED 1,670 per sq ft from registered sales up to 10 Jun 2026.

When did unit 437 last sell?

25 Nov 2024, for AED 830,000 (resale). It has 2 registered sales.

What rent can unit 437 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 8.6% on the estimate.

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

Unit 436 · Unit 438