Unit 1405, Luma Park Views: what it sold for and what it is worth now

Unit 1405 at Luma Park Views is a 1 bed of 804 sq ft. It last sold for AED 1,378,860 on 29 Sep 2025. At AED 1,218 per sq ft, from 3 sales of units ending 05 (same position in the tower), it is worth about AED 980,000 today.

Value todayAED 980,000AED 975,000 to AED 1,107,000
Last saleAED 1,378,86029 Sep 2025 · Off-plan
Change since last sale-28.9%Building trend alone: AED 1,361,929
Rent (median asking, 1 bed)AED 85,000Gross yield 8.7%
Bedrooms1 bed
Size804 sq ft
Floor14 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingLuma Park Views by TownX, handed over 2025
Registered sales of this unit1

Every registered sale of unit 1405

DatePriceSizeAED/sq ftType
29 Sep 2025AED 1,378,860804 sq ft1,715Off-plan

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
18051 Aug 2026AED 1,234,240804 sq ft1,535Resale
11055 Dec 2025AED 970,383804 sq ft1,207Resale
12054 Dec 2025AED 979,625804 sq ft1,218Resale
190511 Sep 2025AED 1,266,300804 sq ft1,575Off-plan
170527 Mar 2025AED 1,283,598804 sq ft1,597Off-plan
16058 Jan 2025AED 1,275,843804 sq ft1,587Off-plan
50519 Oct 2024AED 1,209,338995 sq ft1,215Off-plan
200522 May 2024AED 1,262,613804 sq ft1,570Off-plan

Latest 1 bed sales in Luma Park Views

UnitDatePriceSizeAED/sq ftType
210619 Oct 2026AED 1,234,563805 sq ft1,534Resale
22065 Oct 2026AED 1,291,050798 sq ft1,618Resale
16102 Oct 2026AED 1,170,000838 sq ft1,396Resale
221229 Sep 2026AED 1,257,075838 sq ft1,500Resale
211028 Sep 2026AED 1,307,284849 sq ft1,540Resale
210428 Sep 2026AED 1,314,500881 sq ft1,492Resale
72223 Sep 2026AED 1,090,647849 sq ft1,285Resale
72622 Sep 2026AED 1,277,024807 sq ft1,582Resale

How we worked out the value

We took the 3 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,218). We multiplied it by the size of this unit (804 sq ft). The range uses the middle half of those sales (AED 1,213 to AED 1,377 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,361,929. Floor, view, condition and upgrades can move the price either way. Sales data to 19 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1405 at Luma Park Views worth?

About AED 980,000 (range AED 975,000 to AED 1,107,000), based on AED 1,218 per sq ft from registered sales up to 19 Oct 2026.

When did unit 1405 last sell?

29 Sep 2025, for AED 1,378,860 (off-plan). It has 1 registered sale.

What rent can unit 1405 make?

A 1 bed in Luma Park Views rents for about AED 85,000 a year (median asking rent). That is a gross yield of 8.7% on the estimate.

Sales alert for Luma Park ViewsAll sales in Luma Park Views

Unit 1404 · Unit 1406