Luma21, Jumeirah Village Circle: sale prices and transactions
Luma21 is a project registered with the Dubai Land Department (project no. 2327) in Jumeirah Village Circle. Since March 2022, 338 residential sales have been registered there, the latest in August 2026. Over the last 12 months, 16 sales closed at a median AED 15,669 per m² (AED 1,456 per sq ft).
- AED 15,669median price per m²
- AED 1,456median price per sq ft
- 338sales since 2022
- 16sales in 12 months
Its price per m² is in line with the Jumeirah Village Circle median (AED 15,931/m²). Sales combine off-plan purchases (59.5%) and resales of completed homes.
Luma21 prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 12 | AED 712,500 | 41 m² |
| Apartment · 1 bedroom | 3 | AED 915,000 | 65 m² |
Luma21 price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2022 | 193 | AED 10,874 | AED 1,010 | — |
| 2023 | 89 | AED 14,036 | AED 1,304 | +29.1% |
| 2024 | 28 | AED 16,276 | AED 1,512 | +16% |
| 2025 | 19 | AED 15,811 | AED 1,469 | -2.9% |
| 2026 (to mid-October) | 9 | AED 16,951 | AED 1,575 | +7.2% |
Luma21 rents
151 Ejari contracts started in the project over the last 12 months. Indicative gross yield: studio 7.1%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 119 | AED 50,400 | 46,200 – 58,000 | AED 50,000 |
| Apartment · 1 bedroom | 26 | AED 83,748 | 79,000 – 90,000 | AED 80,400 |
Location
- Nearest metro: Nakheel Metro Station
- Shopping mall: Marina Mall
- Landmark: Sports City Swimming Academy
Neighbouring projects in Jumeirah Village Circle
Same price per m² elsewhere in Dubai
- DAMAC Riverside Views - Azure 2, Dubai Investment Park Second — AED 15,666/m²
- Cove Edition Residence 3 By Imtiaz, Dubai Land Residence Complex — AED 15,669/m²
- Reef 1000, Dubai Land Residence Complex — AED 15,654/m²
- Alseef I, Dubai Marina — AED 15,675/m²
Other projects in Jumeirah Village Circle
- Avant Garde Residences II by Skyline — AED 15,685/m²
- Samana Waves 2 — AED 15,642/m²
- Stax — AED 15,622/m²
- Maison Elysee II — AED 15,732/m²
- Beverly Residence — AED 15,603/m²
- One Park Square by Iman — AED 15,766/m²
- Allura Residences by Citi Developers — AED 15,771/m²
- Lucky Oasis Residence — AED 15,772/m²
Jumeirah Village Circle property prices · Jumeirah Village Circle rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Luma21?
Over the last 12 months the median is AED 1,456 per sq ft (AED 15,669 per m²) across 16 DLD sales.
How much is a studio at Luma21?
Median sale price AED 712,500 for a median 41 m², across 12 sales over the last 12 months.
How many sales have been registered at Luma21?
338 residential sales registered with the DLD between March 2022 and August 2026, 59.5% of them off-plan.
Where is Luma21?
In Jumeirah Village Circle (DLD area Al Barsha South Fourth), Dubai; nearest metro station per the DLD: Nakheel Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.