Unit 104, Luma21: what it sold for and what it is worth now

Unit 104 at Luma21 is a studio of 553 sq ft. It last sold for AED 507,130 on 11 May 2022. At AED 1,596 per sq ft, from 11 sales in the building in the last 12 months (studio), it is worth about AED 883,000 today.

Value todayAED 883,000AED 803,000 to AED 925,000
Last saleAED 507,13011 May 2022 · Off-plan
Change since last sale+74.1% 
Rent (median asking, studio)AED 52,000Gross yield 5.9%
Bedroomsstudio
Size553 sq ft
Floor1 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingLuma21 by TownX, handed over 2023
Registered sales of this unit1

Every registered sale of unit 104

DatePriceSizeAED/sq ftType
11 May 2022AED 507,130553 sq ft917Off-plan

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40421 Sep 2022AED 482,007447 sq ft1,078Off-plan
2041 Aug 2022AED 451,701447 sq ft1,011Off-plan
30414 Jun 2022AED 442,666447 sq ft990Off-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 (553 sq ft). The range uses the middle half of those sales (AED 1,453 to AED 1,674 per sq ft). 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 104 at Luma21 worth?

About AED 883,000 (range AED 803,000 to AED 925,000), based on AED 1,596 per sq ft from registered sales up to 31 Aug 2026.

When did unit 104 last sell?

11 May 2022, for AED 507,130 (off-plan). It has 1 registered sale.

What rent can unit 104 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 103 · Unit 105