Unit 250, Luma21: what it sold for and what it is worth now

Unit 250 at Luma21 is a 1 bed of 700 sq ft. It last sold for AED 1,300,000 on 16 Apr 2025. At AED 1,379 per sq ft, from 4 sales in the building in the last 12 months (1 bed), it is worth about AED 965,000 today.

Value todayAED 965,000AED 883,000 to AED 1,042,000
Last saleAED 1,300,00016 Apr 2025 · Resale
Change since last sale-25.8%Building trend alone: AED 1,293,433
Rent (median asking, 1 bed)AED 80,000Gross yield 8.3%
Bedrooms1 bed
Size700 sq ft
Floor2 (from the unit number)
Position in the towerStack 50: units ending 50 share the same layout and view
BuildingLuma21 by TownX, handed over 2023
Registered sales of this unit2

Every registered sale of unit 250

DatePriceSizeAED/sq ftType
16 Apr 2025AED 1,300,000700 sq ft1,857Resale
24 Aug 2022AED 699,970700 sq ft1,000Off-plan

Units ending 50 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
15019 Oct 2022AED 715,164700 sq ft1,022Off-plan
45026 Sep 2022AED 737,314700 sq ft1,053Off-plan
35028 Aug 2022AED 699,688700 sq ft1,000Off-plan

Latest 1 bed sales in Luma21

UnitDatePriceSizeAED/sq ftType
20131 Aug 2026AED 915,000696 sq ft1,315Resale
10323 Jun 2026AED 984,000892 sq ft1,103Resale
44022 Oct 2025AED 860,000596 sq ft1,443Resale
34423 Sep 2025AED 1,235,000761 sq ft1,623Resale
25126 Jun 2025AED 1,000,000699 sq ft1,431Resale
14317 Jun 2025AED 1,100,000761 sq ft1,445Resale
30328 May 2024AED 999,999621 sq ft1,610Resale
20726 Jan 2024AED 960,000767 sq ft1,252Resale

How we worked out the value

We took the 4 sales in Luma21 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,379). We multiplied it by the size of this unit (700 sq ft). The range uses the middle half of those sales (AED 1,262 to AED 1,488 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,293,433. 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 250 at Luma21 worth?

About AED 965,000 (range AED 883,000 to AED 1,042,000), based on AED 1,379 per sq ft from registered sales up to 31 Aug 2026.

When did unit 250 last sell?

16 Apr 2025, for AED 1,300,000 (resale). It has 2 registered sales.

What rent can unit 250 make?

A 1 bed in Luma21 rents for about AED 80,000 a year (median asking rent). That is a gross yield of 8.3% on the estimate.

Sales alert for Luma21All sales in Luma21

Unit 249 · Unit 251