Unit 257, Luma 22 West Tower: what it sold for and what it is worth now

Unit 257 at Luma 22 West Tower is a studio of 442 sq ft. It last sold for AED 522,516 on 27 Mar 2023. At AED 1,701 per sq ft, from 4 sales in the building in the last 12 months (studio), it is worth about AED 752,000 today.

Value todayAED 752,000AED 740,000 to AED 764,000
Last saleAED 522,51627 Mar 2023 · Off-plan
Change since last sale+43.9% 
Rent (median asking, studio)AED 54,999Gross yield 7.3%
Bedroomsstudio
Size442 sq ft
Floor2 (from the unit number)
Position in the towerStack 57: units ending 57 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 257

DatePriceSizeAED/sq ftType
27 Mar 2023AED 522,516442 sq ft1,182Off-plan

Units ending 57 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
45710 Dec 2024AED 1,309,500838 sq ft1,563Resale
4578 Jun 2024AED 1,181,642838 sq ft1,410Off-plan
35722 Jun 2023AED 655,000442 sq ft1,482Off-plan
15727 Feb 2023AED 535,707442 sq ft1,212Off-plan

Latest studio sales in Luma 22 West Tower

UnitDatePriceSizeAED/sq ftType
39031 Mar 2026AED 790,000467 sq ft1,692Resale
16714 Oct 2025AED 710,000437 sq ft1,625Resale
14722 Aug 2025AED 735,000412 sq ft1,784Resale
4865 Aug 2025AED 800,000468 sq ft1,709Resale
37412 Jun 2025AED 740,000441 sq ft1,678Resale
37522 May 2025AED 811,000440 sq ft1,843Resale
34819 May 2025AED 670,000412 sq ft1,626Resale
4922 May 2025AED 780,000467 sq ft1,670Resale

How we worked out the value

We took the 4 sales in Luma 22 West Tower in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,701). We multiplied it by the size of this unit (442 sq ft). The range uses the middle half of those sales (AED 1,675 to AED 1,728 per sq ft). 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 257 at Luma 22 West Tower worth?

About AED 752,000 (range AED 740,000 to AED 764,000), based on AED 1,701 per sq ft from registered sales up to 31 Jul 2026.

When did unit 257 last sell?

27 Mar 2023, for AED 522,516 (off-plan). It has 1 registered sale.

What rent can unit 257 make?

A studio in Luma 22 West Tower rents for about AED 54,999 a year (median asking rent). That is a gross yield of 7.3% on the estimate.

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

Unit 256 · Unit 258