Unit 196, Luma 22 West Tower: what it sold for and what it is worth now

Unit 196 at Luma 22 West Tower is a 2 bed of 1,308 sq ft. It last sold for AED 2,014,566 on 17 Oct 2024. At AED 1,634 per sq ft, from 3 sales of units ending 96 (same position in the tower), it is worth about AED 2,137,000 today.

Value todayAED 2,137,000AED 2,076,000 to AED 2,143,000
Last saleAED 2,014,56617 Oct 2024 · Resale
Change since last sale+6.1%Building trend alone: AED 2,069,907
Rent (median asking, 2 bed)AED 135,000Gross yield 6.3%
Bedrooms2 bed
Size1,308 sq ft
Floor1 (from the unit number)
Position in the towerStack 96: units ending 96 share the same layout and view
BuildingLuma 22 West Tower by TownX, handed over 2024
Registered sales of this unit1

Every registered sale of unit 196

DatePriceSizeAED/sq ftType
17 Oct 2024AED 2,014,5661,308 sq ft1,540Resale

Units ending 96 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
39618 Nov 2024AED 2,000,0001,224 sq ft1,634Resale
4964 Nov 2024AED 2,010,4761,224 sq ft1,643Resale
29626 Jan 2023AED 1,344,1701,224 sq ft1,098Off-plan

Latest 2 bed sales in Luma 22 West Tower

UnitDatePriceSizeAED/sq ftType
2619 Mar 2026AED 2,050,0001,269 sq ft1,615Resale
45212 Jan 2025AED 2,017,0941,741 sq ft1,159Resale
36125 Nov 2024AED 1,650,0001,260 sq ft1,310Resale
39618 Nov 2024AED 2,000,0001,224 sq ft1,634Resale
4964 Nov 2024AED 2,010,4761,224 sq ft1,643Resale
1618 Oct 2024AED 1,884,7811,260 sq ft1,496Resale
46024 Sep 2024AED 2,007,2281,661 sq ft1,208Resale
44515 Jul 2024AED 1,735,5391,258 sq ft1,380Off-plan

How we worked out the value

We took the 3 resale sales of units ending 96 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,634). We multiplied it by the size of this unit (1,308 sq ft). The range uses the middle half of those sales (AED 1,587 to AED 1,638 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,069,907. Floor, view, condition and upgrades can move the price either way. Sales data to 31 Jul 2026, from the Dubai Land Department register.

Questions

What is unit 196 at Luma 22 West Tower worth?

About AED 2,137,000 (range AED 2,076,000 to AED 2,143,000), based on AED 1,634 per sq ft from registered sales up to 31 Jul 2026.

When did unit 196 last sell?

17 Oct 2024, for AED 2,014,566 (resale). It has 1 registered sale.

What rent can unit 196 make?

A 2 bed in Luma 22 West Tower rents for about AED 135,000 a year (median asking rent). That is a gross yield of 6.3% on the estimate.

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

Unit 195 · Unit 239