Unit 504, Lume Residence: what it sold for and what it is worth now

Unit 504 at Lume Residence is a 2 bed of 1,118 sq ft. It last sold for AED 1,460,000 on 8 Aug 2025. At AED 1,356 per sq ft, from 7 sales of units ending 04 (same position in the tower), it is worth about AED 1,516,000 today.

Value todayAED 1,516,000AED 1,497,000 to AED 1,601,000
Last saleAED 1,460,0008 Aug 2025 · Off-plan
Change since last sale+3.8%Building trend alone: AED 1,406,261
Bedrooms2 bed
Size1,118 sq ft
Floor5 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingLume Residence by S&S Developments, handed over 2027
Registered sales of this unit1

Every registered sale of unit 504

DatePriceSizeAED/sq ftType
8 Aug 2025AED 1,460,0001,118 sq ft1,306Off-plan

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
100430 Jun 2026AED 1,595,4341,118 sq ft1,427Off-plan
90412 Dec 2025AED 1,515,6931,118 sq ft1,356Off-plan
60416 Oct 2025AED 1,605,7771,118 sq ft1,436Off-plan
20423 Jul 2025AED 1,499,3061,118 sq ft1,341Off-plan
120417 Jul 2025AED 1,658,7771,118 sq ft1,484Off-plan
30428 May 2025AED 1,495,0001,118 sq ft1,337Off-plan

Latest 2 bed sales in Lume Residence

UnitDatePriceSizeAED/sq ftType
100430 Jun 2026AED 1,595,4341,118 sq ft1,427Off-plan
90412 Dec 2025AED 1,515,6931,118 sq ft1,356Off-plan
60416 Oct 2025AED 1,605,7771,118 sq ft1,436Off-plan
20423 Jul 2025AED 1,499,3061,118 sq ft1,341Off-plan
120417 Jul 2025AED 1,658,7771,118 sq ft1,484Off-plan
30428 May 2025AED 1,495,0001,118 sq ft1,337Off-plan

How we worked out the value

We took the 7 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,356). We multiplied it by the size of this unit (1,118 sq ft). The range uses the middle half of those sales (AED 1,339 to AED 1,432 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,406,261. Floor, view, condition and upgrades can move the price either way. Sales data to 13 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 504 at Lume Residence worth?

About AED 1,516,000 (range AED 1,497,000 to AED 1,601,000), based on AED 1,356 per sq ft from registered sales up to 13 Oct 2026.

When did unit 504 last sell?

8 Aug 2025, for AED 1,460,000 (off-plan). It has 1 registered sale.

Sales alert for Lume ResidenceAll sales in Lume Residence

Unit 503 · Unit 505