Unit 342, Luma21: what it sold for and what it is worth now

Unit 342 at Luma21 is a studio of 425 sq ft. It last sold for AED 650,000 on 22 Aug 2023. At AED 1,596 per sq ft, from 11 sales in the building in the last 12 months (studio), it is worth about AED 678,000 today.

Value todayAED 678,000AED 617,000 to AED 711,000
Last saleAED 650,00022 Aug 2023 · Resale
Change since last sale+4.3%Building trend alone: AED 758,426
Rent (median asking, studio)AED 52,000Gross yield 7.7%
Bedroomsstudio
Size425 sq ft
Floor3 (from the unit number)
Position in the towerStack 42: units ending 42 share the same layout and view
BuildingLuma21 by TownX, handed over 2023
Registered sales of this unit2

Every registered sale of unit 342

DatePriceSizeAED/sq ftType
22 Aug 2023AED 650,000425 sq ft1,529Resale
14 Mar 2023AED 555,134425 sq ft1,306Resale

Units ending 42 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
24230 Apr 2025AED 680,000425 sq ft1,600Resale
44216 Jan 2025AED 685,000425 sq ft1,612Resale
14224 Jul 2024AED 690,000426 sq ft1,620Resale
1421 Sep 2022AED 429,468426 sq ft1,008Off-plan
24226 Aug 2022AED 425,220425 sq ft1,001Off-plan
44225 Aug 2022AED 443,576425 sq ft1,044Off-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 (425 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 758,426. 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 342 at Luma21 worth?

About AED 678,000 (range AED 617,000 to AED 711,000), based on AED 1,596 per sq ft from registered sales up to 31 Aug 2026.

When did unit 342 last sell?

22 Aug 2023, for AED 650,000 (resale). It has 2 registered sales.

What rent can unit 342 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 341 · Unit 343