Unit 296, Luma 22 West Tower: what it sold for and what it is worth now

Unit 296 at Luma 22 West Tower is a 2 bed of 1,224 sq ft. It last sold for AED 1,344,170 on 26 Jan 2023. At AED 1,634 per sq ft, from 3 sales of units ending 96 (same position in the tower), it is worth about AED 2,000,000 today.

Value todayAED 2,000,000AED 1,943,000 to AED 2,005,000
Last saleAED 1,344,17026 Jan 2023 · Off-plan
Change since last sale+48.8% 
Rent (median asking, 2 bed)AED 135,000Gross yield 6.8%
Bedrooms2 bed
Size1,224 sq ft
Floor2 (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 296

DatePriceSizeAED/sq ftType
26 Jan 2023AED 1,344,1701,224 sq ft1,098Off-plan

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
19617 Oct 2024AED 2,014,5661,308 sq ft1,540Resale

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
19617 Oct 2024AED 2,014,5661,308 sq ft1,540Resale
1618 Oct 2024AED 1,884,7811,260 sq ft1,496Resale
46024 Sep 2024AED 2,007,2281,661 sq ft1,208Resale

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 (1,224 sq ft). The range uses the middle half of those sales (AED 1,587 to AED 1,638 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 296 at Luma 22 West Tower worth?

About AED 2,000,000 (range AED 1,943,000 to AED 2,005,000), based on AED 1,634 per sq ft from registered sales up to 31 Jul 2026.

When did unit 296 last sell?

26 Jan 2023, for AED 1,344,170 (off-plan). It has 1 registered sale.

What rent can unit 296 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 6.8% on the estimate.

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

Unit 295 · Unit 339