Unit G23, Luma21: what it sold for and what it is worth now

Unit G23 at Luma21 is a studio of 503 sq ft. It last sold for AED 739,000 on 21 Oct 2025. At AED 1,596 per sq ft, from 11 sales in the building in the last 12 months (studio), it is worth about AED 803,000 today.

Value todayAED 803,000AED 731,000 to AED 842,000
Last saleAED 739,00021 Oct 2025 · Resale
Change since last sale+8.7%Building trend alone: AED 722,138
Rent (median asking, studio)AED 52,000Gross yield 6.5%
Bedroomsstudio
Size503 sq ft
BuildingLuma21 by TownX, handed over 2023
Registered sales of this unit2

Every registered sale of unit G23

DatePriceSizeAED/sq ftType
21 Oct 2025AED 739,000503 sq ft1,469Resale
29 Sep 2022AED 552,706503 sq ft1,099Off-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 (503 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 722,138. 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 G23 at Luma21 worth?

About AED 803,000 (range AED 731,000 to AED 842,000), based on AED 1,596 per sq ft from registered sales up to 31 Aug 2026.

When did unit G23 last sell?

21 Oct 2025, for AED 739,000 (resale). It has 2 registered sales.

What rent can unit G23 make?

A studio in Luma21 rents for about AED 52,000 a year (median asking rent). That is a gross yield of 6.5% on the estimate.

Sales alert for Luma21All sales in Luma21

Unit 457 · Unit G24