Dubai project data

Luma21: rents and rent contracts

لوما21

Registered sales and rent contracts for the project Luma21 in Jumeirah Village Circle, from Dubai Land Department open data.

Luma21 (Jumeirah Village Circle): 147 registered rent contracts in the 12 months to September 2026, median annual rent AED 55,000. 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
16
no comparison vs previous 12 months
Median price per sq ft
AED 1,442 per sq ft
no comparison vs previous 12 months
Gross rental yield
under 30 sales (16)

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

Registered mortgage transactions only, without interest rates and without lenders.

“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 Luma21

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready16AED 1,442 per sq ft1,328 – 1,631

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 Luma21

Median annual rent
AED 55,000
Middle range of registered annual rents: AED 48,000 – AED 65,000
Gross rental yield
under 30 sales (16)

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: 16 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 Luma21

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio12AED 1,575 per sq ftAED 52,000under 30 sales (12)
1 bedroom3AED 1,315 per sq ftAED 82,500under 30 sales (3)
3 bedroomsunder 3under 3AED 140,000under 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 Luma21

MonthSalesMedian per sq ftRent contracts
Oct 20243AED 1,504 per sq ft10
Nov 2024under 3under 36
Dec 20243AED 1,552 per sq ft9
Jan 2025under 3under 35
Feb 2025under 3under 314
Mar 2025under 3under 324
Apr 20253AED 1,599 per sq ft15
May 2025under 3under 323
Jun 2025under 3under 320
Jul 2025under 3under 311
Aug 2025under 3under 312
Sep 2025under 3under 312
Oct 20254AED 1,442 per sq ft12
Nov 2025under 3under 36
Dec 2025under 3under 310
Jan 20263AED 1,710 per sq ft6
Feb 2026under 3under 316
Mar 2026under 3under 314
Apr 2026under 3under 312
May 2026under 3under 37
Jun 2026under 3under 312
Jul 2026under 3under 315
Aug 2026under 3under 323
Sep 2026under 3under 314
Sales per calendar year
YearSalesMedian per sq ft
2022193AED 1,010 per sq ft
202389AED 1,304 per sq ft
202428AED 1,509 per sq ft
202519AED 1,469 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

Luma21 is a project in the DLD area Al Barsha South Fourth.

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

More projects in Jumeirah Village Circle

  • AURESTA TOWER 328 registered transactions and rent contracts in 12 months.
  • Luma22 287 registered transactions and rent contracts in 12 months.
  • Luma Park Views 284 registered transactions and rent contracts in 12 months.
  • REGINA 229 registered transactions and rent contracts in 12 months.
  • Stax 229 registered transactions and rent contracts in 12 months.
  • REEF RESIDENCE 227 registered transactions and rent contracts in 12 months.

Questions about Luma21

How many sales were registered in Luma21?
16 sales were registered in Luma21 in Oct 2025 – Sep 2026.
What is the median price per sq ft in Luma21?
The median price of registered sales in Luma21 was AED 1,442 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in Luma21?
The median annual rent of registered rent contracts in Luma21 was AED 55,000 in Oct 2025 – Sep 2026.
Which DLD area is Luma21 in?
Luma21 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