Unit 102, Luma21: what it sold for and what it is worth now

Unit 102 at Luma21 is a studio of 556 sq ft. It last sold for AED 715,000 on 29 May 2024. At AED 1,596 per sq ft, from 11 sales in the building in the last 12 months (studio), it is worth about AED 888,000 today.

Value todayAED 888,000AED 808,000 to AED 931,000
Last saleAED 715,00029 May 2024 · Resale
Change since last sale+24.2%Building trend alone: AED 729,184
Rent (median asking, studio)AED 52,000Gross yield 5.9%
Bedroomsstudio
Size556 sq ft
Floor1 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingLuma21 by TownX, handed over 2023
Registered sales of this unit2

Every registered sale of unit 102

DatePriceSizeAED/sq ftType
29 May 2024AED 715,000556 sq ft1,286Resale
1 Nov 2022AED 541,154556 sq ft973Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40221 Sep 2022AED 486,879452 sq ft1,077Off-plan
30217 Aug 2022AED 451,567452 sq ft999Off-plan
20216 Aug 2022AED 447,142452 sq ft989Off-plan

Latest studio sales in Luma21

UnitDatePriceSizeAED/sq ftType
13929 Jun 2026AED 680,000426 sq ft1,596Resale
14626 Mar 2026AED 735,000552 sq ft1,332Resale
4483 Mar 2026AED 760,000447 sq ft1,700Resale
22711 Feb 2026AED 665,000422 sq ft1,576Resale
2307 Jan 2026AED 730,000423 sq ft1,726Resale
2487 Jan 2026AED 765,000447 sq ft1,711Resale
1055 Jan 2026AED 800,000557 sq ft1,436Resale
1285 Nov 2025AED 695,000422 sq ft1,647Resale

How we worked out the value

We took the 11 sales in Luma21 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,596). We multiplied it by the size of this unit (556 sq ft). The range uses the middle half of those sales (AED 1,453 to AED 1,674 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 729,184. Floor, view, condition and upgrades can move the price either way. Sales data to 31 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 102 at Luma21 worth?

About AED 888,000 (range AED 808,000 to AED 931,000), based on AED 1,596 per sq ft from registered sales up to 31 Aug 2026.

When did unit 102 last sell?

29 May 2024, for AED 715,000 (resale). It has 2 registered sales.

What rent can unit 102 make?

A studio in Luma21 rents for about AED 52,000 a year (median asking rent). That is a gross yield of 5.9% on the estimate.

Sales alert for Luma21All sales in Luma21

Unit 101 · Unit 103