Luma22
لوما22TOWNX REAL ESTATE DEVELOPMENT L.L.C · Home sales since 2022 · mostly resales in the 12 months to 31 Jul 2026
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 407 units · 2 buildings · DLD target completion September 2024
Registered developer: TOWNX REAL ESTATE DEVELOPMENT L.L.C (DLD no. 1213)
Escrow account with Commercial Bank of Dubai · Zoned by Trakhees
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under Jumeirah Village Circle
Typical yearly rent of AED 67,812 across 29,913 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
1 sale: AED 1,316/sqft
Jul 2026 · 1 home sale
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No two months with 5+ resales 3 or more years apart.
21 months
Recorded home resales here fall in 21 months, Sep 2024 to Jul 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Luma22 — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Luma22 over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Luma22 itself. The rest are homes of the same size in Jumeirah Village Circle, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| Studio | AED 750K | AED 56,850/yrthis building · 128 new lets | 7.6% | 7 |
| 1 bed | AED 1.06M | AED 85,000/yrthis building · 55 new lets | 8.0% | 4 |
| 2 beds | AED 2.05M | AED 100,000/yrsame size in Jumeirah Village Circle · 1,454 new lets | 4.9% | 3 |
A separate reserve-fund line appears in 76 of the 76 project budgets counted together here; the middle of those is AED 1.1/sqft.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Luma22
Is Luma22 selling off-plan or as resales?
0% of the 21 home sales recorded in Luma22 in the 12 months to 31 Jul 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Luma22 start selling?
The Land Department's register holds 492 home sales in Luma22. The earliest was recorded in Dec 2022 and the newest in Jul 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Jumeirah Village Circle typical price
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Too few sales for a comparison. Jul 2026: here 1 sale: AED 1,316/sqft against Jumeirah Village Circle AED 1,391/sqft · 854 sales.
Developer track record
2,023 recorded sales
Matched to TOWNX REAL ESTATE DEVELOPMENT L.L.C, Feb 2009 to 7 Oct 2026.
4 completed · 2 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
High competitionWhen Luma22 handed over in September 2024, 29 other projects in Jumeirah Village Circle had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 150 other projects in Jumeirah Village Circle as not yet finished, including 8 of the 29 listed below.
Binghatti Corner
Binghatti Developers Fze
Mayas Geneva
SAMA EZDAN REAL ESTATE DEVELOPMENT L.L.C
Binghatti House
Binghatti Developers Fze
Binghatti Gardenia
Binghatti Developers Fze
North Forty Three Serviced Residences
NORTH FORTY THREE REAL ESTATE DEVELOPMENT
Aura By Grovy
GROVY HOMES REAL ESTATE DEVELOPMENT L.L.C
Concept 7 Residences
CONDOR CONCEPT 7 REAL ESTATE DEVELOPMENT L.L.C
Binghatti Venus
Binghatti Developers Fze
Belgravia Heights II
Ellington Properties Development L.L.C
Elysee III By Pantheon
Pantheon Elysee Real Estate Development L.L.C
Binghatti Onyx
Binghatti Developers Fze
La Residenza
DALANDS REAL ESTATE DEVELOPMENT
Lumina Vista Residences
ARIB PROPERTIES FOR REAL ESTATE DEVELOPMENT L.L.C
Binghatti Lavender
Binghatti Developers Fze
Binghatti Amber
Binghatti Developers Fze
Westwood Grande By Imtiaz
Imtiaz Real Estate Investment & Development L.L.C
Elegance By Chaimaa Holding
Deval Real Estate Development L.L.C
Oxford Terraces 2
Iman Developers L.L.C
Samana Miami
Samana Si Holding Limited Dubai Branch
Binghatti Azure
Binghatti Developers Fze
Dusk By Binghatti
Binghatti Developers Fze
Dusit Princess Rijas
ACES PROPERTY DEVELOPMENT L.L.C
Mass Residence
Jaiedco Real Estate Development L.L.C
Hamilton House
Ellington Properties Development L.L.C
Park Lane By Heilbronn
Heilbronn Properties Development L.L.C
Ra1n Residence
Object One Real Estate Development L.L.C
Samana Waves
Samana Si Holding Limited Dubai Branch
The East Crest By Meteora
METEORA REAL ESTATE DEVELOPMENT L.L.C
7 Park Central By Meteora
METEORA REAL ESTATE DEVELOPMENT L.L.C
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
2.0 km
Kinderopvang smallsteps leidsche rijn
425 m
west zone
Schools
- Kinderopvang smallsteps leidsche rijn2.0 km
- Nord Anglia International School2.0 km
- JSS International School2.2 km
- Australian International School Dubai (AIS Dubai)2.5 km
Supermarkets
- west zone425 m
- For U Mini Mart502 m
- Al Madina518 m
- Greens Mini Mart540 m
Bus stops
- The Springs, Entrance gate 42.5 km
- Bus stop2.5 km
- Bus stop2.8 km
- Bus stop2.8 km
Pharmacies
- Safeway Pharmacy503 m
- Life pharmacy769 m
- Health First775 m
- Medon Pharmacy924 m
Malls
- Circle Mall1.3 km
- The Springs Souk1.8 km
- Me'aisem City Center2.1 km
- City Centre Meaisem2.1 km
Parks
- Yas Park311 m
- Sabar Park313 m
- 2nd of December339 m
- Sider Park339 m
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Jumeirah Village Circle — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.
Buildings in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Jumeirah Village Circle
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Danube Properties
1–7 Oct 2026 · 19 home sales
Binghatti Developers Fze
Jun 2026 · 5 home sales
Binghatti Developers Fze
1–7 Oct 2026 · 8 home sales
TOWNX REAL ESTATE DEVELOPMENT L.L.C
Sep 2026 · 16 home sales
PASHAONE REAL ESTATE DEVELOPMENT L.L.C
Sep 2026 · 23 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Luma22?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.