What is the rental yield in Luma21?

Luma21 returns 7.53% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 137 rental contracts registered in the last 24 months.

How much does a studio in Luma21 cost?

The median registered sale price is AED 680,000 (1,529 AED/sqft), from 30 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Luma21 selling for right now?

Registered sales of ready units in Luma21 over the last 12 months have a median of 1,586 AED/sqft, across 12 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 Luma21 risen or fallen?

Median price per square foot moved +4.5% over the last 12 months against the 12 before it, on 30 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Luma21 compare with Jumeirah Village Circle?

Its 7.53% gross yield sits -0.9 pts against the Jumeirah Village Circle median of 8.43%, computed at the same bedroom grain over the same 24-month window.

Luma21 — rental prices & yield | Jumeirah Village Circle, Dubai

Buy: 680,000AED; AED 1,586/sqft
Long-let: 55,000AED; AED 119/sqft · 7.53%
Short-let: 20.57%; AED 597/night · 1.34/sqft

Price per sqft: Median of 12 registered sales of ready units in the last 12 months, most recent June 2026.

Priced off the last 5 sales — most recent June 2026.

Yield spread: -0.9 pts; vs the Jumeirah Village Circle median for this unit type
Turnover upside: +7.8%; new tenants pay more than sitting ones — 95 renewals
AED/yr/sqft: AED 119
Sales: 30
Rental contracts: 137
Renewal rent: AED 51,000/yr

12 months: -6.4%
3 years: +7.3%+2.4%/yr

Based on 30 sales and 137 rental contracts in the last 24 months.

Luma21 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 2022 to 2026, 674 registered sales in all — the 30 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Luma21, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
Studio	AED 55,000	119	7.53% -0.9 pts	137
1 bed	AED 85,000	118	8.50% +0.7 pts	29
2 bed	AED 127,500	111	—	2
3 bed	AED 140,000	112	11.17% +3.8 pts	6

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.

3 bed: Priced off the last 5 sales — most recent March 2025.

Short-let rates around Luma21

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”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio	597	1.34	AED 139,846	AED 55,000	2.5×	20.57%	2+
1 bed	444	0.61	AED 97,356	AED 85,000	1.1×	9.27%	4+
2 bed500m	755	0.66	AED 167,094	AED 127,500	1.3×	10.25%	4+
3 bed500m	908	0.77	AED 204,181	AED 140,000	1.5×	12.08%	3+

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.

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 Luma21 itself had too few listings of that type to measure.

Recent transactions

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

16 resales in the last 12 months, against 45 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
30 Jun 2026	Studio	426	AED 680,000	1,598
23 Jun 2026	1 bed	892	AED 984,000	1,103

2 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
6 Sept 2026	Studio	452	AED 50,000	111	New
5 Sept 2026	1 bed	700	AED 68,000	97	New
1 Sept 2026	Studio	448	AED 44,000	98	New
30 Aug 2026	Studio	553	AED 49,000	89	New
25 Aug 2026	Studio	422	AED 50,000	118	New
22 Aug 2026	Studio	447	AED 45,000	101	New
20 Aug 2026	Studio	446	AED 45,000	101	New
20 Aug 2026	Studio	426	AED 44,000	103	New
20 Aug 2026	3 bed	1,184	AED 140,000	118	Renewal
17 Aug 2026	Studio	447	AED 45,000	101	New
16 Aug 2026	Studio	448	AED 45,000	101	New
16 Aug 2026	Studio	422	AED 52,462	124	New
16 Aug 2026	Studio	490	AED 59,000	120	Renewal
16 Aug 2026	Studio	448	AED 50,000	112	New
11 Aug 2026	Studio	447	AED 45,000	101	New
10 Aug 2026	Studio	422	AED 46,000	109	New
10 Aug 2026	Studio	422	AED 47,250	112	Renewal
8 Aug 2026	Studio	420	AED 38,000	90	New
5 Aug 2026	Studio	553	AED 45,000	81	New
4 Aug 2026	Studio	427	AED 40,000	94	New
1 Aug 2026	Studio	452	AED 43,000	95	New
1 Aug 2026	1 bed	703	AED 84,996	121	Renewal
28 Jul 2026	Studio	448	AED 45,000	101	New
28 Jul 2026	Studio	447	AED 43,000	96	New
20 Jul 2026	Studio	422	AED 43,000	102	New
20 Jul 2026	Studio	447	AED 42,000	94	New
20 Jul 2026	1 bed	761	AED 90,000	118	New
20 Jul 2026	2 bed	1,144	AED 120,000	105	New
19 Jul 2026	3 bed	1,184	AED 117,000	99	New
4 Jul 2026	1 bed	761	AED 90,000	118	Renewal
3 Jul 2026	Studio	451	AED 66,000	146	Renewal
3 Jul 2026	Studio	448	AED 55,000	123	Renewal
2 Jul 2026	Studio	502	AED 79,500	158	New
2 Jul 2026	Studio	490	AED 48,300	99	Renewal
1 Jul 2026	Studio	551	AED 50,000	91	Renewal
1 Jul 2026	Studio	422	AED 50,000	118	New
1 Jul 2026	1 bed	696	AED 80,000	115	Renewal
29 Jun 2026	1 bed	700	AED 80,000	114	New
25 Jun 2026	Studio	421	AED 56,400	134	New
23 Jun 2026	Studio	423	AED 50,000	118	Renewal
6 Jun 2026	Studio	426	AED 55,000	129	Renewal
1 Jun 2026	Studio	447	AED 45,000	101	New
1 Jun 2026	Studio	447	AED 50,000	112	New
1 Jun 2026	Studio	422	AED 48,000	114	New
1 Jun 2026	1 bed	699	AED 80,000	115	New
1 Jun 2026	1 bed	761	AED 80,000	105	Renewal
1 Jun 2026	Studio	447	AED 51,000	114	New
1 Jun 2026	Studio	448	AED 54,000	121	Renewal
1 Jun 2026	Studio	452	AED 48,300	107	Renewal
30 May 2026	Studio	448	AED 50,000	112	Renewal

50 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: 7
Lifts: 4
Parking bays: 244
Swimming pools: 2

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.

Highest rental yields in Jumeirah Village Circle · Luma21 places 118th of 199

Binghatti Corner · 7.65%
Bloom Towers C · 10.83%
Bloom Towers A · 8.18%
Bloom Towers B
Ghalia · 9.00%
Bloom Heights A · 11.72%
Bloom Heights B · 11.20%
Binghatti Amber · 7.55%

Common questions

What is the rental yield in Luma21?: Luma21 returns 7.53% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 137 rental contracts registered in the last 24 months.
How much does a studio in Luma21 cost?: The median registered sale price is AED 680,000 (1,529 AED/sqft), from 30 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Luma21 selling for right now?: Registered sales of ready units in Luma21 over the last 12 months have a median of 1,586 AED/sqft, across 12 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 Luma21 risen or fallen?: Median price per square foot moved +4.5% over the last 12 months against the 12 before it, on 30 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Luma21 compare with Jumeirah Village Circle?: Its 7.53% gross yield sits -0.9 pts against the Jumeirah Village Circle median of 8.43%, computed at the same bedroom grain over the same 24-month window.

Luma21