Unit 507, Luma Park Views: what it sold for and what it is worth now

Unit 507 at Luma Park Views is a 3 bed of 1,535 sq ft. It last sold for AED 2,182,056 on 6 Feb 2025. At AED 1,694 per sq ft, from 5 sales of units ending 07 (same position in the tower), it is worth about AED 2,601,000 today.

Value todayAED 2,601,000AED 2,599,000 to AED 2,621,000
Last saleAED 2,182,0566 Feb 2025 · Off-plan
Change since last sale+19.2% 
Rent (median asking, 3 bed)AED 159,998Gross yield 6.2%
Bedrooms3 bed
Size1,535 sq ft
Floor5 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingLuma Park Views by TownX, handed over 2025
Registered sales of this unit1

Every registered sale of unit 507

DatePriceSizeAED/sq ftType
6 Feb 2025AED 2,182,0561,535 sq ft1,422Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
190715 Sep 2026AED 2,300,0001,346 sq ft1,709Resale
210719 Aug 2026AED 2,280,6801,346 sq ft1,694Resale
17079 Jul 2026AED 2,279,0501,346 sq ft1,693Resale
140722 Jun 2026AED 2,281,1851,336 sq ft1,707Resale
12075 Dec 2025AED 1,621,6481,336 sq ft1,214Resale
180721 Nov 2025AED 2,500,0011,336 sq ft1,871Off-plan
150729 Aug 2025AED 2,342,4521,346 sq ft1,740Off-plan
20076 May 2025AED 2,154,6401,336 sq ft1,613Off-plan

Latest 3 bed sales in Luma Park Views

UnitDatePriceSizeAED/sq ftType
50812 Oct 2026AED 2,344,1681,321 sq ft1,775Resale
212430 Sep 2026AED 2,184,5701,309 sq ft1,669Resale
190715 Sep 2026AED 2,300,0001,346 sq ft1,709Resale
180812 Sep 2026AED 2,300,0001,312 sq ft1,753Resale
182510 Sep 2026AED 3,199,2001,700 sq ft1,882Resale
172521 Aug 2026AED 3,200,0001,711 sq ft1,870Resale
210719 Aug 2026AED 2,280,6801,346 sq ft1,694Resale
11243 Aug 2026AED 2,116,0441,310 sq ft1,615Resale

How we worked out the value

We took the 5 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,694). We multiplied it by the size of this unit (1,535 sq ft). The range uses the middle half of those sales (AED 1,693 to AED 1,707 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 507 at Luma Park Views worth?

About AED 2,601,000 (range AED 2,599,000 to AED 2,621,000), based on AED 1,694 per sq ft from registered sales up to 19 Oct 2026.

When did unit 507 last sell?

6 Feb 2025, for AED 2,182,056 (off-plan). It has 1 registered sale.

What rent can unit 507 make?

A 3 bed in Luma Park Views rents for about AED 159,998 a year (median asking rent). That is a gross yield of 6.2% on the estimate.

Sales alert for Luma Park ViewsAll sales in Luma Park Views

Unit 506 · Unit 508