Dubai building data

Lume Residences: sale prices and rents

لووم ريزدنسز

Registered sales and rent contracts for the building Lume Residences in Jumeirah Village Circle, from Dubai Land Department open data.

Lume Residences (Jumeirah Village Circle): 68 registered sales in the 12 months to September 2026, median AED 1,643 per sq ft. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
68
−20.0% vs previous 12 months
Median price per sq ft
AED 1,643 per sq ft
−7.9% vs previous 12 months
Median annual rent
under 3 rent contracts
Gross rental yield
under 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in Lume Residences

StatusSalesMedian per sq ftMiddle range per sq ft
Off-plan68AED 1,643 per sq ft1,468 – 1,765
Readyunder 3under 3under 3

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in Lume Residences

Median annual rent
under 3 rent contracts
Median annual rent per sq ft
under 3 rent contracts
Gross rental yield
under 3 sales

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: fewer than 3 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in Lume Residences

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio8AED 1,885 per sq ftunder 3 rent contractsunder 3 sales
1 bedroom57AED 1,638 per sq ftunder 3 rent contractsunder 3 sales
2 bedrooms3AED 1,427 per sq ftunder 3 rent contractsunder 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in Lume Residences

MonthSalesMedian per sq ftRent contracts
May 202510AED 1,780 per sq ftunder 3
Jun 202526AED 1,817 per sq ftunder 3
Jul 202526AED 1,741 per sq ftunder 3
Aug 20256AED 1,806 per sq ftunder 3
Sep 202517AED 1,702 per sq ftunder 3
Oct 20254AED 1,473 per sq ftunder 3
Dec 202521AED 1,642 per sq ftunder 3
Jan 202611AED 1,464 per sq ftunder 3
Feb 20267AED 1,656 per sq ftunder 3
Apr 20268AED 1,695 per sq ftunder 3
Jun 20267AED 1,731 per sq ftunder 3
Aug 20263AED 1,785 per sq ftunder 3
Sales per calendar year
YearSalesMedian per sq ft
2025112AED 1,742 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

Lume Residences is a building in the DLD area Al Barsha South Fourth.

Lume Residences belongs to the project Lume Residences.

Names as in the registered transactions and rent contracts; company names are not shown.

More buildings in Jumeirah Village Circle

  • AURESTA TOWER 328 registered transactions and rent contracts in 12 months.
  • LUMA PARK VIEWS 284 registered transactions and rent contracts in 12 months.
  • Stax 229 registered transactions and rent contracts in 12 months.
  • ALTA VIEW SKYHOMES 176 registered transactions and rent contracts in 12 months.
  • OXFORD COVE 161 registered transactions and rent contracts in 12 months.
  • Floarea Skies 158 registered transactions and rent contracts in 12 months.

Questions about Lume Residences

How many sales were registered in Lume Residences?
68 sales were registered in Lume Residences in Oct 2025 – Sep 2026.
What is the median price per sq ft in Lume Residences?
The median price of registered sales in Lume Residences was AED 1,643 per sq ft in Oct 2025 – Sep 2026.
Which DLD area is Lume Residences in?
Lume Residences is registered in the Dubai Land Department area Al Barsha South Fourth (Jumeirah Village Circle).

Method and source

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae