Unit 256, Luma21: what it sold for and what it is worth now

Unit 256 at Luma21 is a studio of 448 sq ft. It last sold for AED 442,775 on 1 Sep 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 715,000 today.

Value todayAED 715,000AED 651,000 to AED 750,000
Last saleAED 442,7751 Sep 2022 · Off-plan
Change since last sale+61.5% 
Rent (median asking, studio)AED 52,000Gross yield 7.3%
Bedroomsstudio
Size448 sq ft
Floor2 (from the unit number)
Position in the towerStack 56: units ending 56 share the same layout and view
BuildingLuma21 by TownX, handed over 2023
Registered sales of this unit1

Every registered sale of unit 256

DatePriceSizeAED/sq ftType
1 Sep 2022AED 442,775448 sq ft988Off-plan

Units ending 56 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1564 Nov 2022AED 536,245552 sq ft971Off-plan
45621 Sep 2022AED 477,743448 sq ft1,066Off-plan
3561 Aug 2022AED 447,159448 sq ft998Off-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 (448 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 256 at Luma21 worth?

About AED 715,000 (range AED 651,000 to AED 750,000), based on AED 1,596 per sq ft from registered sales up to 31 Aug 2026.

When did unit 256 last sell?

1 Sep 2022, for AED 442,775 (off-plan). It has 1 registered sale.

What rent can unit 256 make?

A studio in Luma21 rents for about AED 52,000 a year (median asking rent). That is a gross yield of 7.3% on the estimate.

Sales alert for Luma21All sales in Luma21

Unit 255 · Unit 257