Unit 277, Luma 22 West Tower: what it sold for and what it is worth now

Unit 277 at Luma 22 West Tower is a studio of 446 sq ft. It last sold for AED 570,000 on 16 May 2024. At AED 1,701 per sq ft, from 4 sales in the building in the last 12 months (studio), it is worth about AED 758,000 today.

Value todayAED 758,000AED 747,000 to AED 771,000
Last saleAED 570,00016 May 2024 · Off-plan
Change since last sale+33.0%Building trend alone: AED 614,938
Rent (median asking, studio)AED 54,999Gross yield 7.3%
Bedroomsstudio
Size446 sq ft
Floor2 (from the unit number)
Position in the towerStack 77: units ending 77 share the same layout and view
BuildingLuma 22 West Tower by TownX, handed over 2024
Registered sales of this unit2

Every registered sale of unit 277

DatePriceSizeAED/sq ftType
16 May 2024AED 570,000446 sq ft1,278Off-plan
14 Mar 2023AED 507,298446 sq ft1,137Off-plan

Units ending 77 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
17730 Dec 2024AED 715,000446 sq ft1,603Resale
37724 Apr 2023AED 655,000446 sq ft1,469Off-plan
17717 Mar 2023AED 487,006446 sq ft1,092Off-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 (446 sq ft). The range uses the middle half of those sales (AED 1,675 to AED 1,728 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 614,938. 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 277 at Luma 22 West Tower worth?

About AED 758,000 (range AED 747,000 to AED 771,000), based on AED 1,701 per sq ft from registered sales up to 31 Jul 2026.

When did unit 277 last sell?

16 May 2024, for AED 570,000 (off-plan). It has 2 registered sales.

What rent can unit 277 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 276 · Unit 278