Developer Deal
From
AED 860,311
Handover
Q1 2027
Payment Plan
40/60
Down Payment
30%
Back to Developer Deals
DLD Waiver
—
Discount
—
Handover
Q1 2023
Post Handover
—
Payment Plan
50%
50%
10% down
About Luma21
JVC is one of the most family-friendly master communities developed of all time. The possibility to invest in real estate without spending a little fortune is the key draw in this area. TownX Real Estate Development Happy to announce the beginning of the construction in this area.
Project documents
Brochures
Not available yet
Floor plans
Not available yet
Master plans
Not available yet
Payment schedule
10/40/50 Payment Plan
- Deposit
- 10%
- During construction
- 40%
- On handover
- 50%
- Post-handover
- 0%
Market Intelligence
Completed transactions in Luma21
Median sale price/sqft
AED 1,516/sqft+16.2%
Median sale price
AED 660,000
Gross rental yield
8.3%
Median annual rent
AED 55,000
Median price/sqft over time
Jan 24Range AED 1,285 – AED 1,615Dec 24
Transaction activity
LiquidityStrongPrice momentumRising
57 sales and 169 rentals in the last 12 months
Off-plan vs ready
Ready 100%
Primary vs resale
Resale 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-19 | Luma21 | Studio | 447 sqft | AED 695,000 | 1,553 |
| 2024-12-19 | Luma21 | Studio | 447 sqft | AED 695,000 | 1,553 |
| 2024-12-19 | Luma21 | Studio | 447 sqft | AED 695,000 | 1,555 |
| 2024-12-17 | Luma21 | Studio | 421 sqft | AED 640,000 | 1,519 |
| 2024-12-17 | Luma21 | Studio | 421 sqft | AED 640,000 | 1,519 |
| 2024-12-17 | Luma21 | Studio | 421 sqft | AED 640,000 | 1,520 |
Completed transactions in Jumeirah Village Circle (JVC)
Median sale price/sqft
AED 1,260/sqft+10.3%
Median sale price
AED 875,000
Gross rental yield
6.9%
Median annual rent
AED 60,000
Median price/sqft over time
Dec 23Range AED 1,202 – AED 1,350Dec 24
Community activity
LiquidityStrongPrice momentumRising
21,833 sales and 24,233 rentals in the last 12 months
Off-plan vs ready
Off-plan 55.6%Ready 44.4%
Primary vs resale
Primary 55.6%Resale 44.4%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-13 | Neva Residences | Studio | 520 sqft | AED 554,553 | 1,067 |
| 2024-12-13 | Binghatti Apex | Studio | 431 sqft | AED 500,000 | 1,161 |
| 2024-12-13 | Binghatti Phantom | 1 | 912 sqft | AED 1,651,500 | 1,811 |
| 2024-12-13 | Samana Manhattan 2 | 2 | 1,322 sqft | AED 1,627,128 | 1,231 |
| 2024-12-13 | Binghatti Orchid | 2 | 1,655 sqft | AED 1,800,000 | 1,087 |
| 2024-12-13 | Neva Residences | 1 | 842 sqft | AED 806,255 | 958 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Luma21
Our team will send you the complete payment schedule, floor plans and current offer from TownX.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Luma21
- What is the handover date for Luma21?
- Luma21 is scheduled for handover in Q1 2023.
- What is the starting price of Luma21?
- Prices start from AED 420,000. Contact our team for current availability.
- Who is the developer of Luma21?
- Luma21 is being developed by TownX.
- Where is Luma21 located?
- Luma21 is located in .