New homes in Luma Park Views start at AED 1,294,000; the keys were due Jul 2026; you pay 10% to book, 20% while it is built and 70% at the keys.
In the 24 months to Oct 19, 2026, Dubai Land Department recorded 156 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Luma Park Views. Their median price is AED 1,520 per sq ft (about AED 1,213,000 at 798 sq ft). This project's from price is AED 1,622 per sq ft (AED 1,294,000 for its smallest home, 798 sq ft), 7% more.
Keys
Jul 2026
The developer's handover date. It has passed and may be out of date, so ask us for the current one.
Payment plan
10 / 20 / 70
10% to book, 20% while it is built, 70% at the keys
Bedrooms
1 to 3 beds
Sizes
798 to 1,711 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,622 per sq ft
Similar off-plan homes: AED 1,520 per sq ft
RERA project
2676
Check it in Dubai REST, the Dubai Land Department's official app.
Built
95%
Being built. DLD register, Jun 12, 2026
Completion on the register
Jun 2026
DLD shows only the current date, so we can't tell whether it has moved before.
Escrow account
بنك المشرق (شركة مساهمة عامة)
The bank that holds your payments
Registered homes
606
In 1 buildings
Paying for it
You pay 10% when you book, 20% as the building goes up, and 70% when you get the keys.
AED
When
Stage
Share
Amount
When you book
Booking
10%
AED 129,400
As it is built
While it is built
20%
AED 258,800
At the keys (Jul 2026)
Keys
70%
AED 905,800
Booking payment, 10%
AED 129,400
Dubai Land Department fee (Oqood), 4%
AED 51,760
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 181,160
The handover date (Jul 2026) is too close or already past to estimate the dates. Ask us for the developer's current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 3 finished projects by this developer since 2019. 3 of the 3 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late.
Budget for the service charge.
Buildings in this area paid a median of AED 19 per sq ft a year in 2023, from 5 buildings on the Dubai Land Department register. For the smallest home (798 sq ft) that is about AED 15,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 156 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Luma Park Views, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in Luma Park Views sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 156 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Luma Park Views, from Oct 20, 2024 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,520 per sq ft
AED 1,325 to AED 1,386 per sq ft
9 sales
AED 1,386 to AED 1,448 per sq ft
25 sales
AED 1,448 to AED 1,510 per sq ft
35 sales
AED 1,510 to AED 1,572 per sq ft
41 sales
AED 1,572 to AED 1,633 per sq ft
30 sales
This project's from price is in this band.
AED 1,633 to AED 1,695 per sq ft
6 sales
AED 1,695 to AED 1,757 per sq ft
7 sales
AED 1,757 to AED 1,818 per sq ft
3 sales
AED 1,325 per sq ftAED 1,818 per sq ft
This project AED 1,622 per sq ft
Half of the sales sold for AED 1,464 to AED 1,584 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,325 to AED 1,386 per sq ft
9
AED 1,386 to AED 1,448 per sq ft
25
AED 1,448 to AED 1,510 per sq ft
35
AED 1,510 to AED 1,572 per sq ft
41
AED 1,572 to AED 1,633 per sq ft
30
AED 1,633 to AED 1,695 per sq ft
6
AED 1,695 to AED 1,757 per sq ft
7
AED 1,757 to AED 1,818 per sq ft
3
The 3 closest sales
Picked from the 156 similar sales above, closest in size to this project's smallest home.
Nov 2025AED 1,364,790AED 1,711 per sq ftLUMA PARK VIEWS, 797 sq ft
Feb 2025AED 1,356,547AED 1,701 per sq ftLUMA PARK VIEWS, 797 sq ft
Nov 2025AED 1,452,090AED 1,818 per sq ftLUMA PARK VIEWS, 799 sq ft
Sale prices from Dubai Land Department, Oct 20, 2024 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Jumeirah Village Circle in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 1,294,000 here
Off-plan medianAED 1,159,000AED 1,497 per sq ft
Sales3,757
7% above 156 similar sales
2-bed apartment
Off-plan medianAED 1,702,000AED 1,377 per sq ft
Sales885
3-bed apartment
Off-plan medianAED 2,249,000AED 1,425 per sq ft
Sales90
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
5.8%
Typical for similar ready homes
7.7%
Median rent of 1-bed apartments in Jumeirah Village Circle
AED 75,000 a year
Rent contracts counted
9,534
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 110,000 a year
3-bed apartment
AED 145,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 75,000 ÷ AED 1,294,000 = 5.8%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Jumeirah Golf Estates Metro Station5.9 km, 24 min driveMetro station
Nord Anglia International School2.3 km, 4 min driveSchool
JSS International School2.5 km, 9 min driveIndian school
Circle Mall1.6 km, 3 min driveMall
Mediclinic Springs3.5 km, 7 min driveHospital
Jumeirah Lakes Towers6.4 km, 19 min driveOffices
The Els Club, Dubai Sports City2.9 km, 12 min driveGolf
Luma Park Views by TownX offers one- to three-bedroom apartments in Jumeirah Village Circle (District 14) from AED 1,294,000, with a listed handover of July 2026 that has now passed. Its from price per square foot is 6.7% above 156 similar one-bedroom sales in the same project in the 24 months to October 2026, and 70% of the price is due on handover.
The Dubai Land Department registered 156 one-bedroom off-plan sales in Luma Park Views in the 24 months to October 2026. The from price per square foot is 6.7% above their median. Ask which unit the from price applies to and compare it with recent sales in the building.
The plan is 10 / 20 / 70. At the from price, that is AED 129,400 on booking, AED 258,800 during construction and AED 905,800 on handover. The 4% Land Department fee is 4% of the price, which adds AED 51,760. The listed handover was July 2026, four months ago, so the date may be out of date. Ask for the completion certificate and the handover status before you pay.
The apartments have one to three bedrooms, from 798 to 1,711 sq ft, and are sold unfurnished. The developer lists balconies, a shared pool and a children's pool, a gym, a play area, a lobby, covered parking and security around the clock. Ownership is freehold.
Rojmed Poly Clinic is about 550 m away, a 10-minute walk. Nord Anglia International School is about 2.3 km away, 4 minutes by car, and JSS International School about 2.5 km. Jumeirah Lakes Towers is about 19 minutes by car and JBR beach about 20. Jumeirah Golf Estates Metro Station is about 5.9 km away, a 24-minute drive.
