Luma22 - East Tower
A studio in Luma22 - East Tower costs a median AED 745,000, rents long-let for AED 60,000/yr (8.00% gross), and returns 13.39% short-let at the assumed 80% occupancy — -0.4 pts vs Jumeirah Village Circle's 8.43% and +1.0 pts vs Dubai's 6.97% — from 32 sales and 301 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · Studio
- 5 in 12 months
- Rental contracts · Studio
- 133 in 12 months
- Buy
- 745,000AED
- AED 1,638/sqft
- Long-let
- 8.00%
- AED 60,000/yr
- Short-let
- 13.39%
- AED 437/night · 0.92/sqft
Price per sqft: Median of 5 registered sales of ready units in the last 12 months, most recent May 2026.
Priced off the last 5 sales — most recent May 2026.
- Yield spread
- -0.4 pts
- vs the Jumeirah Village Circle median for this unit type
- AED/yr/sqft
- AED 131
- Sales
- 32
- Rental contracts
- 301
- Renewal rent
- AED 60,000/yr
- 12 months
- +4.5%
- 3 years
- +19.4%+6.1%/yr
Based on 32 sales and 301 rental contracts in the last 24 months. Rental data covers the whole Luma22 project, not this tower alone.
Luma22 - East Tower is an apartment building in Jumeirah Village Circle, Dubai, one of the towers in the Luma22 development. The closest metro station is Dubai Internet City, the nearest mall Mall of the Emirates and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2022 to 2026, 400 registered sales in all — the 32 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Luma22 - East Tower, by year.
Chart data: Dec 2022, 1129 AED/sqft; latest, Jun 2026, 1402 AED/sqft; peak, Dec 2025, 1638 AED/sqft.
Yield by bedroom type
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
Short-let rates around Luma22 - East Tower
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.47 AED/night/sqft; latest Sep 2027, 0.32 AED/night/sqft; peak Mar 2027, 0.82 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Luma22 - East Tower between 2022 and 2024 went for a median of AED 1,358/sqft (AED 681,827). The same building resells today at AED 1,497/sqft (AED 880,000) — an uplift of +29.1%.
Based on 144 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
8 resales in the last 12 months, against 64 a year on average over 2023–2025.
Sales
1 resales in the last 3 months.
Rental contracts
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
Nearby
- Metro
- Dubai Internet City
- Mall
- Mall of the Emirates
- Landmark
- Sports City Swimming Academy
Compare with nearby buildings
The most-traded buildings in Luma22, on the same figures over the same window.
- Highest rental yields in Jumeirah Village Circle · Luma22 - East Tower places 75th of 199
Common questions
- What is the rental yield in Luma22 - East Tower?
- Luma22 - East Tower returns 8.00% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 301 rental contracts registered in the last 24 months.
- How much does a studio in Luma22 - East Tower cost?
- The median registered sale price is AED 745,000 (1,576 AED/sqft), from 32 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Luma22 - East Tower selling for right now?
- Registered sales of ready units in Luma22 - East Tower over the last 12 months have a median of 1,638 AED/sqft, across 5 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 Luma22 - East Tower risen or fallen?
- Median price per square foot moved +4.5% over the last 12 months against the 12 before it, on 32 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Luma22 - East Tower compare with Jumeirah Village Circle?
- Its 8.00% gross yield sits -0.4 pts against the Jumeirah Village Circle median of 8.43%, computed at the same bedroom grain over the same 24-month window.
Luma22 - East Tower sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 32 registered sales 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
- /sale/apartments/dubai/jumeirah-village-circle/luma22-east-tower
Cite as: Dubai Wealth Index. “Luma22 - East Tower sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/luma22-east-tower.
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.