Unit 724, Luma Park Views: what it sold for and what it is worth now

Unit 724 at Luma Park Views is a 3 bed of 1,310 sq ft. It last sold for AED 1,666,380 on 15 Apr 2024. At AED 1,770 per sq ft, from 11 sales of units ending 24 (same position in the tower), it is worth about AED 2,319,000 today.

Value todayAED 2,319,000AED 2,172,000 to AED 2,455,000
Last saleAED 1,666,38015 Apr 2024 · Off-plan
Change since last sale+39.2% 
Rent (median asking, 3 bed)AED 159,998Gross yield 6.9%
Bedrooms3 bed
Size1,310 sq ft
Floor7 (from the unit number)
Position in the towerStack 24: units ending 24 share the same layout and view
BuildingLuma Park Views by TownX, handed over 2025
Registered sales of this unit1

Every registered sale of unit 724

DatePriceSizeAED/sq ftType
15 Apr 2024AED 1,666,3801,310 sq ft1,272Off-plan

Units ending 24 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
212430 Sep 2026AED 2,184,5701,309 sq ft1,669Resale
11243 Aug 2026AED 2,116,0441,310 sq ft1,615Resale
192430 Jul 2026AED 2,276,0101,309 sq ft1,739Resale
222429 Jun 2026AED 2,156,0801,309 sq ft1,647Resale
132425 Jun 2026AED 2,127,2401,310 sq ft1,624Resale
52419 May 2026AED 2,429,1001,320 sq ft1,840Resale
10248 Apr 2026AED 2,440,3001,310 sq ft1,863Resale
232430 Jan 2026AED 2,701,0001,309 sq ft2,063Resale

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 11 resale sales of units ending 24 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,770). We multiplied it by the size of this unit (1,310 sq ft). The range uses the middle half of those sales (AED 1,658 to AED 1,874 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 724 at Luma Park Views worth?

About AED 2,319,000 (range AED 2,172,000 to AED 2,455,000), based on AED 1,770 per sq ft from registered sales up to 19 Oct 2026.

When did unit 724 last sell?

15 Apr 2024, for AED 1,666,380 (off-plan). It has 1 registered sale.

What rent can unit 724 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 6.9% on the estimate.

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