Jumeirah Village Circle · Ready and off-plan · 56% of recent sales are studios

Luma22What it sells for

Studios resell for about AED 730k.

This page uses all 214 sales since January 2024, because the 12 months to 3 Nov 2026 hold 12.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 730kfor a typical studio

From 60 resales since January 2024.

What brings you here?

Apartment type

Prices and rents at Luma22

What should you pay for a studio?

AED 730k

That's the typical price. 34 of the 60 studios resold here since January 2024 went for AED 680k to AED 780k. Got an asking price? Enter it below to see how it compares.

Each dot is a real sale here since January 2024.

What should you offer first?

AED 680k

16 of the 60 studios resold here since January 2024 went for this or less. Start here and leave room to move.

  • Across Jumeirah Village Circle1,066 recent resalesDown 5%

What will it really cost you?

Based on the typical studio here at AED 730k, and renting a studio in Jumeirah Village Circle for AED 45k a year.

The mortgage is AED 504 a month less than renting.

Before service charges and any change in price.

Owning: mortgage each monthAED 3,246
Renting a studio in Jumeirah Village CircleAED 3,750

Cash you need

AED 200k

  • Down paymentAED 146,000
  • DLD transfer feeAED 29,780
  • Agency feeAED 15,330
  • Trustee, mortgage and valuationAED 8,950

Over 5 years, buying costs about AED 178k in fees and interest. Renting costs about AED 225k.

Fees: DLD transfer fee 4% plus AED 580; trustee fee AED 4,000 plus VAT; mortgage registration 0.25% of the loan plus AED 290; agency fee 2% plus VAT; bank valuation about AED 3,000. Up to 80% loan for a first home up to AED 5M. Your bank sets your rate.

Will it be easy to sell later?

2 a month

That's how often a studio resells here.

Are prices rising or falling?

No clear move

No resales in the building in the last 3 months, too few to call a direction.

Jun 2024Jul 2026

Do bigger studios cost more?

Each dot is a studio sale here. The line is the going rate: every extra sq ft adds about AED 714. Dots well above the line sold for more than their size explains, so ask what made them worth it.

AED 700kAED 800kAED 900k400425450475500525550575600625650675Size, sq ft →

What else could AED 730k buy nearby?

AED 321k less

Studios at Hanover Square cost AED 409k and rent for AED 38k. That's a 9.2% return. Below: 5 cheaper buildings with a known rent.

  1. BuildingTypical priceRent a yearReturn
  2. Hanover Squaresaves AED 321kAED 409kAED 38k a year9.2%
  3. Knight Bridge Court and Kensngton Manorsaves AED 303kAED 427kAED 37k a year8.6%
  4. Plaza Residencessaves AED 237kAED 493kAED 39k a year7.9%
  5. The Squaresaves AED 200kAED 530kAED 40k a year7.5%
  6. Ab Cavaliersaves AED 110kAED 620kAED 51k a year8.2%
  7. Luma22you're hereAED 730k

Is it still selling?

The latest sale in Luma22 was registered on 31 Jul 2026. 12 sales were registered in the 12 months to 3 Nov 2026, against 72 in the 12 months before.

Off-planResale

Sales are counted in the half-year DLD registered them. A half-year still running shows the sales so far.

Where is Luma22?

27% above

the typical resale price per sq ft in Jumeirah Village Circle, since January 2024.

Luma22 against Jumeirah Village Circle

  • Luma22Resale, 117 sales since January 2024AED 1,546 per sq ft
  • Jumeirah Village CircleResale, 13,226 sales since January 2024AED 1,217 per sq ft

A studio in Jumeirah Village Circle

  • A typical studio resells forAED 575k
  • New studio leases sign forAED 45k a year
  • Rent as a share of the price7.8%

How busy it is

  • Sales since January 202442,371
  • Off-plan share of sales69%

Still selling off-plan nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Jumeirah Village Circle

More in Jumeirah Village Circle

Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a studio in Luma22?

About AED 730k on resale; 34 of 60 sold for AED 680k to AED 780k.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Luma22 registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at every sale since January 2024, because 12 months of its sales are too few to read. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price only with at least 20 sales since January 2024 or a rent with at least 20 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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