What is the registered annual rent for a studio in Luma21?

The median new annual rent is AED 50,000, from 75 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

Have registered rents in Luma21 risen or fallen?

The median new annual rent changed -9.1% in the trailing 12 months against the previous 12, using 75 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

Do new tenants in Luma21 pay more than sitting ones?

A new tenant pays -2.3% against a renewing one, across 40 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.

How many apartments change hands in Luma21?

12 sales were registered with the Dubai Land Department in the last 12 months, alongside 75 Ejari rental contracts. Every median on this page rests on those counts.

Which metro station is closest to Luma21?

Nakheel Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.

Ejari leases to 12 Oct 2026

Luma21 rents

93 new leases and 54 renewals in 12 months
238 units
Jumeirah Village Circle
near Nakheel Metro Station

A studio here leases for about AED 50,000 a year, in line with the typical Jumeirah Village Circle studio. Renewing tenants pay more than new ones: AED 51,200.

Studio · typical new lease

50,000AEDa year

AED 114/sqft · -9.1% on a year

A month, roughly: AED 4,167
Renewal: AED 51,200
vs Jumeirah Village Circle studio: In line with the median
New leases, 12 months: 75

Ask an agent about this rent

Buying instead? Luma21 sale prices →

What should a lease in Luma21 cost?A studio leases for about AED 50,000 a year; renewing tenants pay 2.4% more than new ones

Type	New lease	vs Jumeirah Village Circle	Leases
Studiomost leased	50,000114/sqft	51,20040 renewals	in linetypical 50,000	75
1 bed	82,700114/sqft	83,74812 renewals	18% moretypical 70,000	14
2 bed	120,000105/sqft	—	14% moretypical 105,000	1
3 bed	130,000103/sqft	—	4% lesstypical 135,000	3

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Jumeirah Village Circle median for the type.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A studio here now costs 9.1% less than a year earlier: AED 50,000 against 55,000.

Median annual rent, Studio, as a rolling 3-month median. The band along the bottom is the number of records each month.

Start	Type	Sqft	Annual rent	Contract
10 Oct 2026	Studio	422	AED 45,000	107	New
10 Oct 2026	Studio	422	AED 45,000	107	New
4 Oct 2026	Studio	425	AED 50,000	118	Renewal
2 Oct 2026	Studio	422	AED 60,000	142	New
2 Oct 2026	3 bed	1,263	AED 130,000	103	New
1 Oct 2026	Studio	490	AED 45,000	92	New
1 Oct 2026	Studio	422	AED 45,000	107	New
1 Oct 2026	Studio	447	AED 50,000	112	New
1 Oct 2026	1 bed	703	AED 85,002	121	Renewal
30 Sept 2026	Studio	503	AED 53,000	105	New

Showing the 60 most recent of 147 contracts starting on or after 12 Oct 2025.

About Luma21A 7-floor tower in Jumeirah Village Circle, a 17-minute drive from Dubai Marina

Luma21 is an apartment building completed in 2023 in Jumeirah Village Circle. 147 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge: Paid by the landlord · AED 18.35/sqft a year
Floors: 7
Lifts: 4
Parking bays: 244
Pools: 2

Drive times · typical

Downtown: 23 min · 22 km
DXB Airport: 24 min · 31 km
DIFC: 20 min · 26 km
Dubai Marina: 17 min · 15 km
Palm Jumeirah: 23 min · 19 km

Nearest, as registered

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

Letting a unit in Luma21?62% of units here signed a yearly lease in 12 months, above the Jumeirah Village Circle median

Units on a yearly lease: 62%Strength; Jumeirah Village Circle median 38%; top tenth from 64%
Short-let instead, studio: AED 597; a night on Airbnb; nets 2.4× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? Luma21 sale prices →

Comparables in Jumeirah Village Circle

Every Jumeirah Village Circle building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Luma21 places 21st of 206; the nearest 8 are shown.

Highest rental yields in Jumeirah Village Circle →

Rank	Building	Median rent	12-month change	Contracts
17	Dusk by Binghatti	AED 63,300	115+1.0%	-25.5%	42
18	Beverly Residence 2	AED 55,000	115+0.7%	—	30
19	Nicholas Residence	AED 60,000	114+0.5%	-10.4%	23
20	Binghatti Gardenia	AED 70,000	114+0.5%	-1.4%	118
21	Luma21 · this building	AED 55,000	114	-2.6%	93
22–23	Signature Livings - North, Southone project rent, 2 towers	AED 55,000	113-0.6%	-1.8%	127
24	Westwood Grande by Imtiaz	AED 75,000	113-0.7%	-21.1%	77
25	H Three by Aurora	AED 95,000	113-0.8%	0.0%	56

Rank 1 is the dearest per square foot. Differences are against Luma21.

At studio, Luma21 ranks 72nd of 160 by rent per square foot and 93rd of 104 by gross yield in Jumeirah Village Circle.

Market context in Jumeirah Village Circle

Registered sales activity

4,341 ready apartment sales in the 12 months to 2026-10-12.

+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.

Explore sales activity

Planned apartment projects

7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.

29 projects had already passed their planned date; 16 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.

Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.

The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.

How these are counted

Find service-charge budget evidence for Luma21

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Jumeirah Village Circle

Every building in Jumeirah Village Circle →

Prices per sq ft around Luma21, on the map

Pills show median annual rent, AED. 199 buildings pinned from Google place records and Apple geocoding · Luma21 is the inverted pinOpen in Apple Maps

Luma Park Views

Jumeirah Village Circle · 390 contracts, 12 months

85,000

AED a year median · 97/sqft

Bloom Towers A

Jumeirah Village Circle · 376 contracts, 12 months

60,000

AED a year median · 111/sqft

Bloom Towers B

Jumeirah Village Circle · 376 contracts, 12 months

60,000

AED a year median · 111/sqft

Bloom Towers C

Jumeirah Village Circle · 376 contracts, 12 months

60,000

AED a year median · 111/sqft

Ask about Luma21

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Common questions

What is the registered annual rent for a studio in Luma21?: The median new annual rent is AED 50,000, from 75 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Luma21 risen or fallen?: The median new annual rent changed -9.1% in the trailing 12 months against the previous 12, using 75 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Luma21 pay more than sitting ones?: A new tenant pays -2.3% against a renewing one, across 40 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Luma21?: 12 sales were registered with the Dubai Land Department in the last 12 months, alongside 75 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Luma21?: Nakheel Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.

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Luma21 rental record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 75 registered rental contracts in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record: /rent/apartments/dubai/jumeirah-village-circle/luma21
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Luma21 rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/luma21

Stable dataJSON