Unit 503, Luma Park Views: what it sold for and what it is worth now

Unit 503 at Luma Park Views is a 1 bed of 1,250 sq ft. It last sold for AED 1,590,732 on 15 Jul 2024. At AED 1,403 per sq ft, from 11 sales of units ending 03 (same position in the tower), it is worth about AED 1,753,000 today.

Value todayAED 1,753,000AED 1,729,000 to AED 1,848,000
Last saleAED 1,590,73215 Jul 2024 · Off-plan
Change since last sale+10.2% 
Rent (median asking, 1 bed)AED 85,000Gross yield 4.8%
Bedrooms1 bed
Size1,250 sq ft
Floor5 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingLuma Park Views by TownX, handed over 2025
Registered sales of this unit1

Every registered sale of unit 503

DatePriceSizeAED/sq ftType
15 Jul 2024AED 1,590,7321,250 sq ft1,273Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
220326 Aug 2026AED 1,234,240880 sq ft1,403Resale
70325 Aug 2026AED 1,200,472880 sq ft1,364Resale
210324 Aug 2026AED 1,234,240880 sq ft1,403Resale
180329 Jul 2026AED 1,234,560880 sq ft1,403Resale
17032 Jul 2026AED 1,240,824880 sq ft1,410Resale
190329 Jun 2026AED 1,234,240880 sq ft1,403Resale
140310 Feb 2026AED 1,499,000880 sq ft1,703Resale
80322 Dec 2025AED 1,361,352880 sq ft1,547Resale

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 11 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,403). We multiplied it by the size of this unit (1,250 sq ft). The range uses the middle half of those sales (AED 1,383 to AED 1,479 per sq ft). 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 503 at Luma Park Views worth?

About AED 1,753,000 (range AED 1,729,000 to AED 1,848,000), based on AED 1,403 per sq ft from registered sales up to 19 Oct 2026.

When did unit 503 last sell?

15 Jul 2024, for AED 1,590,732 (off-plan). It has 1 registered sale.

What rent can unit 503 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 4.8% on the estimate.

Sales alert for Luma Park ViewsAll sales in Luma Park Views

Unit 502 · Unit 504