Unit 227, Luma21: what it sold for and what it is worth now

Unit 227 at Luma21 is a studio of 422 sq ft. It last sold for AED 665,000 on 11 Feb 2026. At AED 1,596 per sq ft, from 11 sales in the building in the last 12 months (studio), it is worth about AED 674,000 today.

Value todayAED 674,000AED 613,000 to AED 706,000
Last saleAED 665,00011 Feb 2026 · Resale
Change since last sale+1.4%Building trend alone: AED 642,498
Rent (median asking, studio)AED 52,000Gross yield 7.7%
Bedroomsstudio
Size422 sq ft
Floor2 (from the unit number)
Position in the towerStack 27: units ending 27 share the same layout and view
BuildingLuma21 by TownX, handed over 2023
Registered sales of this unit3

Every registered sale of unit 227

DatePriceSizeAED/sq ftType
11 Feb 2026AED 665,000422 sq ft1,576Resale
27 Feb 2023AED 525,000422 sq ft1,244Off-plan
13 Jul 2022AED 426,270422 sq ft1,010Off-plan

Units ending 27 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
32714 Mar 2023AED 550,645422 sq ft1,305Resale
42725 Oct 2022AED 470,450422 sq ft1,115Off-plan
12730 Sep 2022AED 432,499422 sq ft1,025Off-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
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
G2524 Oct 2025AED 660,000502 sq ft1,315Resale

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 (422 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 642,498. 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 227 at Luma21 worth?

About AED 674,000 (range AED 613,000 to AED 706,000), based on AED 1,596 per sq ft from registered sales up to 31 Aug 2026.

When did unit 227 last sell?

11 Feb 2026, for AED 665,000 (resale). It has 3 registered sales.

What rent can unit 227 make?

A studio in Luma21 rents for about AED 52,000 a year (median asking rent). That is a gross yield of 7.7% on the estimate.

Sales alert for Luma21All sales in Luma21

Unit 226 · Unit 228