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Lumina Vista Residences

A 1 bed in Lumina Vista Residences costs a median AED 1.33M, rents long-let for AED 75,000/yr (5.56% gross), and returns 6.76% short-let at the assumed 80% occupancy — -2.2 pts vs Jumeirah Village Circle's 7.80% and -1.4 pts vs Dubai's 6.97% — from 21 sales and 22 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
4 in 12 months
Rental contracts · 1 bed
9 in 12 months
Buy
1.33MAED
AED 1,462/sqft
Long-let
5.56%
AED 75,000/yr
Short-let
6.76%
AED 426/night · 0.47/sqft

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

Yield spread
-2.2 pts
vs the Jumeirah Village Circle median for this unit type
AED/yr/sqft
AED 88
Sales
21
Rental contracts
22
Renewal rent
AED 75,000/yr
12 months
-12.5%

Based on 21 sales and 22 rental contracts in the last 24 months.

Lumina Vista Residences 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 2024 to 2026, 152 registered sales in all — the 21 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 620,00013597.94%
-0.5 pts
+24.2%2
1 bedAED 1.33M14625.56%
-2.2 pts
-12.5%21
2 bedAED 1.88M14037.22%
-0.1 pts
-6.4%17

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 Lumina Vista Residences

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
Studio500m4070.89AED 92,772AED 50,0001.9×14.96%7+
1 bed500m4260.47AED 89,852AED 75,0001.2×6.76%34+
2 bed500m6410.48AED 135,595AED 130,0001.0×7.22%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, 0.44 AED/night/sqft; latest Sep 2027, 0.38 AED/night/sqft; peak Dec 2026, 0.76 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 Lumina Vista Residences itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Lumina Vista Residences between 2024 and 2025 went for a median of AED 1,369/sqft (AED 1.15M). The same building resells today at AED 1,404/sqft (AED 1.39M) — an uplift of +42.0%.

Based on 57 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.

10 resales in the last 12 months, against 36 a year on average over 2024–2025.

Sales

DateTypeSqftPriceAED/sqft
8 Jul 20262 bed1,943AED 1,800,000926

1 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 20261 bed883AED 68,00077New
17 Aug 2026Studio432AED 39,00090New
15 Aug 20261 bed883AED 75,00085Renewal
1 Aug 20261 bed878AED 66,00075New
1 Aug 20261 bed857AED 75,00088Renewal
1 Aug 20261 bed883AED 72,00082Renewal
31 Jul 20261 bed954AED 70,00073Renewal
21 Jul 20262 bed1,545AED 90,00058New
17 Jul 20262 bed1,254AED 92,00073New
12 Jul 2026Studio631AED 60,00095New
15 Jun 20261 bed954AED 85,00089Renewal
10 Jun 20261 bed886AED 80,00090Renewal
1 Jun 2026Studio445AED 48,000108New
1 Jun 20262 bed1,581AED 130,00082New
30 May 2026Studio432AED 45,000104Renewal
29 May 20261 bed911AED 71,00078New

16 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
2
Parking bays
91
Swimming pools
1

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 Lumina Vista Residences?
Lumina Vista Residences returns 5.56% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 22 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Lumina Vista Residences cost?
The median registered sale price is AED 1.33M (1,462 AED/sqft), from 21 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Lumina Vista Residences risen or fallen?
Median price per square foot moved -12.5% over the last 12 months against the 12 before it, on 21 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Lumina Vista Residences compare with Jumeirah Village Circle?
Its 5.56% gross yield sits -2.2 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.
Does Lumina Vista Residences earn more short-let than long-let?
A night asks a median of AED 426, which models to 6.76% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 5.56% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

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.

Lumina Vista Residences sale record

Record type
Building-level property market record
Data date
Evidence base
21 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/lumina-vista-residences
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Lumina Vista Residences sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/lumina-vista-residences.

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.