Skip to content
Dubai Wealth Index
Search
Search buildings, areas and projects by name.

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.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 745,00015768.00%
-0.4 pts
+4.5%32
1 bedAED 1.22M13677.18%
-0.6 pts
-3.5%16
2 bedAED 1.87M13996.59%
-0.7 pts
-9.9%10
3 bedAED 2.50M11841

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 Luma22 - East Tower

    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
    Studio500m4370.92AED 99,772AED 60,0001.7×13.39%13+
    1 bed6960.78AED 156,740AED 89,7591.7×12.82%2+
    2 bed500m1,4621.09AED 338,261AED 125,0002.7×18.04%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.

    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
    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 Luma22 - East Tower itself had too few listings of that type to measure.

    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
    This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

    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

    DateTypeSqftPriceAED/sqft
    10 Jun 20261 bed825AED 1,093,0001,325

    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.

    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.

    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.

    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
    Method
    Definitions and calculations

    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.