Jumeirah Village Circle
Luma Park Views
TOWNX REAL ESTATE DEVELOPMENT L.L.C · Selling since 2014 · recent sales mostly resales
Median per sqft
AED 1,445/sqft
3yr CAGR
-0.0%
5yr projection (1,000 sqft)
AED 2,247,766
AED 1,814,262 to AED 2,551,559, from 3 years of this project's own history. A trend, not a forecast.
Confidence
High
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 registered at in Luma Park Views — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what that size actually sold for in Luma Park Views over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Luma Park Views itself; the rest are homes of the same size in Jumeirah Village Circle, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 1.34M | AED 80,000/yrthis building · 261 new lets | 6.0% | 205 |
| 2 beds | AED 2.04M | AED 140,000/yrthis building · 30 new lets | 6.9% | 30 |
| 3 beds | AED 2.43M | AED 150,000/yrthis building · 37 new lets | 6.2% | 42 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 3 beds here reads 6.6% instead of , because it prices the home at AED 2.28M — the median across every sale on record — rather than the AED 2.43M it costs today. Every figure above uses the same twelve months on both sides.
Due diligence
Price vs. Jumeirah Village Circle median
+0.2%
Priced above the area's real median — ask why.
Developer track record
1,952 real transactions
4 completed · 2 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
Nearest school
2.0 km
Kinderopvang smallsteps leidsche rijn
Nearest supermarket
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