Unit 509, Luma Park Views: what it sold for and what it is worth now

Unit 509 at Luma Park Views is a 1 bed of 868 sq ft. It last sold for AED 1,292,881 on 14 May 2025. At AED 1,472 per sq ft, from 3 sales of units ending 09 (same position in the tower), it is worth about AED 1,278,000 today.

Value todayAED 1,278,000AED 1,145,000 to AED 1,306,000
Last saleAED 1,292,88114 May 2025 · Off-plan
Change since last sale-1.2% 
Rent (median asking, 1 bed)AED 85,000Gross yield 6.7%
Bedrooms1 bed
Size868 sq ft
Floor5 (from the unit number)
Position in the towerStack 09: units ending 09 share the same layout and view
BuildingLuma Park Views by TownX, handed over 2025
Registered sales of this unit1

Every registered sale of unit 509

DatePriceSizeAED/sq ftType
14 May 2025AED 1,292,881868 sq ft1,489Off-plan

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
220930 Jun 2026AED 1,287,384838 sq ft1,536Resale
11092 Jun 2026AED 1,250,000849 sq ft1,472Resale
12094 Dec 2025AED 977,574838 sq ft1,167Resale
190914 Oct 2025AED 1,437,120849 sq ft1,693Off-plan
170924 Jul 2025AED 1,396,372849 sq ft1,645Off-plan
140915 Jul 2025AED 1,327,824838 sq ft1,585Off-plan
160917 Feb 2025AED 1,343,810838 sq ft1,604Off-plan
110930 Jan 2025AED 1,169,292849 sq ft1,377Off-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 09 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,472). We multiplied it by the size of this unit (868 sq ft). The range uses the middle half of those sales (AED 1,319 to AED 1,504 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 509 at Luma Park Views worth?

About AED 1,278,000 (range AED 1,145,000 to AED 1,306,000), based on AED 1,472 per sq ft from registered sales up to 19 Oct 2026.

When did unit 509 last sell?

14 May 2025, for AED 1,292,881 (off-plan). It has 1 registered sale.

What rent can unit 509 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 6.7% on the estimate.

Sales alert for Luma Park ViewsAll sales in Luma Park Views

Unit 508 · Unit 510