Dubai project data

Luma22: rents and rent contracts

لوما22

Registered sales and rent contracts for the project Luma22 in Jumeirah Village Circle, from Dubai Land Department open data.

Luma22 (Jumeirah Village Circle): 287 registered rent contracts in the 12 months to September 2026, median annual rent AED 63,000. 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
−82.8% vs previous 12 months
Median price per sq ft
AED 1,350 per sq ft
−13.5% 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 Luma22

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready16AED 1,350 per sq ft1,287 – 1,625

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 Luma22

Median annual rent
AED 63,000
Middle range of registered annual rents: AED 55,000 – AED 83,000
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 Luma22

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio8AED 1,625 per sq ftAED 60,000under 30 sales (8)
1 bedroom5AED 1,302 per sq ftAED 87,000under 30 sales (5)
2 bedrooms3AED 1,350 per sq ftAED 122,000under 30 sales (3)

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 Luma22

MonthSalesMedian per sq ftRent contracts
Oct 202423AED 1,522 per sq ft52
Nov 202418AED 1,505 per sq ft57
Dec 202411AED 1,562 per sq ft42
Jan 20257AED 1,521 per sq ft21
Feb 20257AED 1,639 per sq ft28
Mar 20255AED 1,603 per sq ft18
Apr 20254AED 1,593 per sq ft11
May 20257AED 1,597 per sq ft4
Jun 2025under 3under 35
Jul 20253AED 1,344 per sq ft8
Aug 20255AED 1,635 per sq ft7
Sep 2025under 3under 338
Oct 20253AED 1,258 per sq ft41
Nov 20253AED 1,638 per sq ft45
Dec 2025under 3under 331
Jan 2026under 3under 328
Feb 2026under 3under 324
Mar 20263AED 1,693 per sq ft12
Apr 2026under 3under 311
May 2026under 3under 37
Jun 2026under 3under 319
Jul 2026under 3under 320
Aug 2026under 3under 320
Sep 2026under 3under 329
Sales per calendar year
YearSalesMedian per sq ft
20229AED 1,129 per sq ft
2023270AED 1,299 per sq ft
2024158AED 1,411 per sq ft
202548AED 1,593 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

Luma22 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.
  • 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.
  • MANHATTAN 191 registered transactions and rent contracts in 12 months.

Questions about Luma22

How many sales were registered in Luma22?
16 sales were registered in Luma22 in Oct 2025 – Sep 2026.
What is the median price per sq ft in Luma22?
The median price of registered sales in Luma22 was AED 1,350 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in Luma22?
The median annual rent of registered rent contracts in Luma22 was AED 63,000 in Oct 2025 – Sep 2026.
Which DLD area is Luma22 in?
Luma22 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