Unit G34, Luma21: what it sold for and what it is worth now

Unit G34 at Luma21 is a 3 bed of 1,263 sq ft. It last sold for AED 1,253,250 on 19 Dec 2023. At AED 1,523 per sq ft, from 16 sales in the building in the last 12 months, it is worth about AED 1,923,000 today.

Value todayAED 1,923,000AED 1,770,000 to AED 2,065,000
Last saleAED 1,253,25019 Dec 2023 · Resale
Change since last sale+53.4%Building trend alone: AED 1,342,018
Rent (median asking, 3 bed)AED 132,500Gross yield 6.9%
Bedrooms3 bed
Size1,263 sq ft
BuildingLuma21 by TownX, handed over 2023
Registered sales of this unit1

Every registered sale of unit G34

DatePriceSizeAED/sq ftType
19 Dec 2023AED 1,253,2501,263 sq ft992Resale

Latest 3 bed sales in Luma21

UnitDatePriceSizeAED/sq ftType
43424 Mar 2025AED 1,690,0001,184 sq ft1,427Resale
33425 Oct 2022AED 1,195,8591,184 sq ft1,010Off-plan
43417 Oct 2022AED 1,290,4721,184 sq ft1,090Off-plan
2343 Oct 2022AED 1,195,8591,184 sq ft1,010Off-plan
1346 Sep 2022AED 1,195,7601,184 sq ft1,010Off-plan

How we worked out the value

We took the 16 sales in Luma21 in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 1,523). We multiplied it by the size of this unit (1,263 sq ft). The range uses the middle half of those sales (AED 1,401 to AED 1,635 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,342,018. 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 G34 at Luma21 worth?

About AED 1,923,000 (range AED 1,770,000 to AED 2,065,000), based on AED 1,523 per sq ft from registered sales up to 31 Aug 2026.

When did unit G34 last sell?

19 Dec 2023, for AED 1,253,250 (resale). It has 1 registered sale.

What rent can unit G34 make?

A 3 bed in Luma21 rents for about AED 132,500 a year (median asking rent). That is a gross yield of 6.9% on the estimate.

Sales alert for Luma21All sales in Luma21

Unit G33