Unit 283, Luma 22 West Tower: what it sold for and what it is worth now

Unit 283 at Luma 22 West Tower is a studio of 467 sq ft. It last sold for AED 700,000 on 4 Nov 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 794,000 today.

Value todayAED 794,000AED 782,000 to AED 807,000
Last saleAED 700,0004 Nov 2024 · Resale
Change since last sale+13.4%Building trend alone: AED 716,619
Rent (median asking, studio)AED 54,999Gross yield 6.9%
Bedroomsstudio
Size467 sq ft
Floor2 (from the unit number)
Position in the towerStack 83: units ending 83 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 283

DatePriceSizeAED/sq ftType
4 Nov 2024AED 700,000467 sq ft1,499Resale
10 Jan 2023AED 525,498467 sq ft1,125Off-plan

Units ending 83 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
3832 Feb 2025AED 740,000467 sq ft1,585Resale
18312 Mar 2024AED 753,494551 sq ft1,368Off-plan
4837 Nov 2023AED 686,608467 sq ft1,470Off-plan
38320 Jul 2023AED 698,000467 sq ft1,495Off-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 (467 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 716,619. 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 283 at Luma 22 West Tower worth?

About AED 794,000 (range AED 782,000 to AED 807,000), based on AED 1,701 per sq ft from registered sales up to 31 Jul 2026.

When did unit 283 last sell?

4 Nov 2024, for AED 700,000 (resale). It has 2 registered sales.

What rent can unit 283 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 6.9% on the estimate.

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

Unit 282 · Unit 284