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Luma Park Views

A 1 bed in Luma Park Views costs a median AED 1.30M, rents long-let for AED 80,000/yr (6.48% gross), and returns 6.85% short-let at the assumed 80% occupancy — -1.3 pts vs Jumeirah Village Circle's 7.80% and -0.5 pts vs Dubai's 6.98% — from 332 sales and 267 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
207 in 12 months
Rental contracts · 1 bed
266 in 12 months
Buy
1.30MAED
AED 1,416/sqft
Long-let
80,000AED
AED 94/sqft · 6.48%
Short-let
6.85%
AED 419/night · 0.49/sqft

Price per sqft: Median of 45 registered sales of ready units in the last 3 months, most recent August 2026.

Priced off 45 sales in the last 3 months.

Yield spread
-1.3 pts
vs the Jumeirah Village Circle median for this unit type
AED/yr/sqft
AED 94
Sales
332
Rental contracts
267
Short-let listings seen
22+
12 months
+100.0%

Based on 332 sales and 267 rental contracts in the last 24 months.

Luma Park Views is an apartment building in Jumeirah Village Circle, Dubai. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2023 to 2026, 1,086 registered sales in all — the 332 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
1 bedAED 80,000946.48%
-1.3 pts
267
2 bedAED 140,0001037.05%
-0.3 pts
30
3 bedAED 150,0001136.58%
-0.8 pts
36

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Luma Park Views

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed500m4190.49AED 89,075AED 80,0001.1×6.85%22+
2 bed500m7850.63AED 172,527AED 140,0001.2×8.60%4+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.48 AED/night/sqft; latest Sep 2027, 0.41 AED/night/sqft; peak Jan 2027, 0.8 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Luma Park Views itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

221 resales in the last 12 months, against 134 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
26 Aug 20262 bed1,266AED 2,016,8241,593
26 Aug 20261 bed880AED 1,234,2401,403
25 Aug 20261 bed880AED 1,200,4721,365
24 Aug 20261 bed880AED 1,234,2401,403
24 Aug 20263 bed1,711AED 3,200,0001,870
20 Aug 20261 bed880AED 1,208,2561,373
20 Aug 20261 bed863AED 1,245,2701,443
20 Aug 20263 bed1,346AED 2,280,6801,695
19 Aug 20261 bed862AED 1,221,2481,416
17 Aug 20262 bed1,238AED 1,975,0001,595
17 Aug 20262 bed1,238AED 1,933,6561,562
13 Aug 20261 bed881AED 1,247,2321,416
12 Aug 20261 bed838AED 1,161,8401,386
12 Aug 20261 bed849AED 1,277,4601,504
11 Aug 20262 bed1,360AED 1,939,2241,426
10 Aug 20261 bed799AED 1,291,0501,617
10 Aug 20262 bed1,360AED 2,008,2161,477
10 Aug 20261 bed880AED 1,273,2161,447
10 Aug 20261 bed881AED 1,247,2321,416
7 Aug 20261 bed838AED 1,151,2321,373
6 Aug 20261 bed849AED 1,151,2321,356
6 Aug 20261 bed849AED 1,200,0001,413
5 Aug 20261 bed838AED 1,215,0001,449
3 Aug 20261 bed804AED 1,234,2401,535
3 Aug 20263 bed1,310AED 2,116,0441,616
31 Jul 20263 bed1,309AED 2,276,0101,738
31 Jul 20261 bed880AED 1,234,2401,403
29 Jul 20261 bed880AED 1,234,5591,403
28 Jul 20262 bed1,238AED 1,996,0321,612
27 Jul 20261 bed867AED 1,157,2281,334
21 Jul 20262 bed1,360AED 1,919,2321,411
17 Jul 20261 bed881AED 1,273,2161,446
15 Jul 20261 bed880AED 1,221,2481,388
13 Jul 20261 bed880AED 1,247,2321,418
10 Jul 20261 bed838AED 1,358,8431,621
9 Jul 20261 bed849AED 1,215,2001,431
9 Jul 20261 bed862AED 1,260,2241,461
9 Jul 20261 bed880AED 1,261,5231,434
9 Jul 20263 bed1,346AED 2,279,0501,694
8 Jul 20261 bed849AED 1,175,0001,384
7 Jul 20263 bed1,305AED 2,453,0401,879
6 Jul 20261 bed804AED 1,318,2301,640
6 Jul 20261 bed807AED 1,304,6401,617
2 Jul 20261 bed880AED 1,237,6001,407
2 Jul 20261 bed880AED 1,240,8241,410
2 Jul 20262 bed1,238AED 1,998,7561,614
1 Jul 20263 bed1,305AED 2,279,0501,746
30 Jun 20261 bed838AED 1,287,3841,536
30 Jun 20261 bed881AED 1,150,0001,305
30 Jun 20261 bed881AED 1,266,4081,438
29 Jun 20261 bed849AED 1,130,2461,331
29 Jun 20261 bed838AED 1,322,0531,577
29 Jun 20261 bed880AED 1,228,0321,396
29 Jun 20263 bed1,312AED 2,261,4751,724
29 Jun 20263 bed1,309AED 2,156,0801,647
29 Jun 20261 bed880AED 1,234,2401,403
26 Jun 20263 bed1,310AED 2,127,2401,624
24 Jun 20262 bed1,360AED 1,999,2001,470
24 Jun 20262 bed1,360AED 1,959,2161,440
23 Jun 20261 bed880AED 1,228,0031,396
22 Jun 20261 bed849AED 1,178,7441,388
22 Jun 20263 bed1,336AED 2,281,1851,708
19 Jun 20261 bed849AED 1,256,3441,480
16 Jun 20261 bed849AED 1,175,2161,384
4 Jun 20261 bed804AED 1,303,1851,621
2 Jun 20261 bed849AED 1,250,0001,472

66 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
4 Sept 20261 bed805AED 80,00099New
3 Sept 20261 bed838AED 85,000101New
1 Sept 20261 bed849AED 75,00088New
1 Sept 20261 bed880AED 80,00091New
1 Sept 20261 bed838AED 90,000107New
29 Aug 20261 bed880AED 70,00080New
28 Aug 20261 bed804AED 78,00097New
28 Aug 20261 bed880AED 75,00085New
28 Aug 20261 bed880AED 85,00097New
28 Aug 20261 bed849AED 75,00088New
25 Aug 20261 bed880AED 80,00091New
24 Aug 20263 bed1,700AED 150,00088New
22 Aug 20261 bed799AED 70,00088New
22 Aug 20261 bed880AED 87,00099New
21 Aug 20261 bed804AED 75,00093New
20 Aug 20261 bed880AED 77,00088New
20 Aug 20263 bed1,298AED 150,000116New
15 Aug 20261 bed868AED 80,00092New
15 Aug 20261 bed838AED 75,00089New
15 Aug 20261 bed880AED 72,00082New
14 Aug 20261 bed881AED 85,00097New
13 Aug 20261 bed880AED 80,00091New
12 Aug 20261 bed838AED 73,00087New
10 Aug 20261 bed838AED 73,00087New
10 Aug 20263 bed1,312AED 80,00061New
10 Aug 20261 bed880AED 90,000102New
10 Aug 20261 bed849AED 80,00094New
10 Aug 20261 bed849AED 72,00085New
6 Aug 20261 bed838AED 88,000105New
5 Aug 20261 bed849AED 70,00082New
5 Aug 20261 bed838AED 80,00095New
5 Aug 20261 bed805AED 75,00093New
5 Aug 20261 bed849AED 80,00094New
3 Aug 20261 bed797AED 72,00090New
1 Aug 20261 bed804AED 73,00091New
1 Aug 20261 bed799AED 80,000100New
1 Aug 20261 bed838AED 75,00089New
1 Aug 20261 bed838AED 75,00089New
1 Aug 20261 bed849AED 75,00088New
1 Aug 20261 bed880AED 85,00097New
1 Aug 20261 bed849AED 73,00086New
1 Aug 20261 bed849AED 70,00082New
1 Aug 20261 bed868AED 80,00092New
1 Aug 20261 bed851AED 80,00094New
30 Jul 20261 bed849AED 75,00088New
29 Jul 20261 bed838AED 75,00089New
27 Jul 20261 bed880AED 80,00091New
27 Jul 20261 bed880AED 80,00091New
27 Jul 20261 bed849AED 70,00082New
25 Jul 20263 bed1,312AED 135,000103New
25 Jul 20263 bed1,711AED 210,000123New
25 Jul 20261 bed849AED 75,00088New
24 Jul 20261 bed838AED 72,00086New
24 Jul 20261 bed880AED 85,00097New
24 Jul 20261 bed804AED 75,00093New
24 Jul 20261 bed838AED 82,00098New
22 Jul 20261 bed838AED 65,00078New
21 Jul 20261 bed881AED 85,00097New
20 Jul 20261 bed880AED 75,00085New
20 Jul 20261 bed881AED 80,00091New

Showing the 60 most recent of 165 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
25
Lifts
6
Parking bays
853

Nearby

Metro
Nakheel Metro Station
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Jumeirah Village Circle, on the same figures over the same window.

Common questions

What is the rental yield in Luma Park Views?
Luma Park Views returns 6.48% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 267 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Luma Park Views cost?
The median registered sale price is AED 1.30M (1,523 AED/sqft), from 332 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Luma Park Views selling for right now?
Registered sales of ready units in Luma Park Views over the last 3 months have a median of 1,416 AED/sqft, across 45 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Luma Park Views risen or fallen?
Median price per square foot moved +4.5% over the last 12 months against the 12 before it, on 332 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Luma Park Views compare with Jumeirah Village Circle?
Its 6.48% gross yield sits -1.3 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Luma Park Views rental record

Record type
Building-level property market record
Data date
Evidence base
267 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/jumeirah-village-circle/luma-park-views
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Luma Park Views rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/luma-park-views.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.