Unit 487, Luma 22 West Tower: what it sold for and what it is worth now

Unit 487 at Luma 22 West Tower is a 1 bed of 786 sq ft. It last sold for AED 1,317,773 on 31 Oct 2024. At AED 1,572 per sq ft, from 4 sales of units ending 87 (same position in the tower), it is worth about AED 1,236,000 today.

Value todayAED 1,236,000AED 1,215,000 to AED 1,264,000
Last saleAED 1,317,77331 Oct 2024 · Resale
Change since last sale-6.2%Building trend alone: AED 1,353,973
Rent (median asking, 1 bed)AED 84,000Gross yield 6.8%
Bedrooms1 bed
Size786 sq ft
Floor4 (from the unit number)
Position in the towerStack 87: units ending 87 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 487

DatePriceSizeAED/sq ftType
31 Oct 2024AED 1,317,773786 sq ft1,677Resale

Units ending 87 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
18719 Nov 2024AED 1,305,500867 sq ft1,506Resale
28730 Oct 2024AED 1,246,181786 sq ft1,585Resale
3872 Oct 2024AED 1,223,988785 sq ft1,559Resale

Latest 1 bed sales in Luma 22 West Tower

UnitDatePriceSizeAED/sq ftType
45831 Jul 2026AED 1,175,000893 sq ft1,316Resale
4617 May 2026AED 1,025,000787 sq ft1,302Resale
13920 Apr 2026AED 945,000734 sq ft1,287Resale
G621 Oct 2025AED 1,250,000994 sq ft1,258Resale
16016 Sep 2025AED 1,300,000858 sq ft1,515Resale
44420 Aug 2025AED 1,350,000825 sq ft1,636Resale
1708 Jul 2025AED 1,000,000786 sq ft1,272Resale
G563 Jul 2025AED 1,000,000730 sq ft1,370Resale

How we worked out the value

We took the 4 resale sales of units ending 87 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,572). We multiplied it by the size of this unit (786 sq ft). The range uses the middle half of those sales (AED 1,546 to AED 1,608 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,353,973. 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 487 at Luma 22 West Tower worth?

About AED 1,236,000 (range AED 1,215,000 to AED 1,264,000), based on AED 1,572 per sq ft from registered sales up to 31 Jul 2026.

When did unit 487 last sell?

31 Oct 2024, for AED 1,317,773 (resale). It has 1 registered sale.

What rent can unit 487 make?

A 1 bed in Luma 22 West Tower rents for about AED 84,000 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 486 · Unit 488