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Luma21 Rent Prices

Luma21 recorded 8 market rents from 1 Oct 2026 – 10 Oct 2026, at a median of AED 52,500 a year (AED 115/sqft a year). Luma21's median rent per sqft is 25% above Jumeirah Village Circle (AED 92/sqft a year). New contracts (median AED 52,500) were in line with renewals (AED 52,500).

Apartments here yield about 7.3% gross: AED 115/sqft a year in rent against AED 1,575/sqft to buy. Gross: before service charges, fees and empty months.

Median rent / yr
AED 52.5K
Per sqft / yr
AED 115
Market rents
8
Gross yield
7.3%
1 Oct 2026 – 10 Oct 2026
Luma21, Dubai

01 / Contracts

Latest Luma21 rent contracts

Registered rent contracts. Annual rents in AED.
PropertyAnnual rentPer sq ftSpecsRegistered
AED 45,000AED 107 per sq ftStudio422 sq ft · beds per floor plan10 Oct 2026New contract
AED 55,000AED 131 per sq ftStudio421 sq ft6 Oct 2026Renewal
AED 55,200AED 131 per sq ftApartment420 sq ft5 Oct 2026Renewal
AED 50,000AED 119 per sq ftApartment420 sq ft3 Oct 2026Renewal
AED 55,000AED 123 per sq ftApartment448 sq ft2 Oct 2026New contract
AED 48,000AED 108 per sq ftApartment446 sq ft2 Oct 2026Renewal
AED 85,002AED 121 per sq ftApartment703 sq ft2 Oct 2026Renewal2-month contract
AED 50,000AED 112 per sq ftStudio447 sq ft · beds per floor plan2 Oct 2026New contract
AED 130,000AED 103 per sq ftApartment1,263 sq ft1 Oct 2026New contract
AED 60,000AED 142 per sq ftStudio422 sq ft · beds per floor plan30 Sept 2026New contract6-month contract

02 / Property types

Luma21 rents by property type

Median annual rent of market rents.

Market rent medians. Annual rents in AED.
Property typeContractsMedian rent · AED / yrAED / sqft / yr
Apartment420 – 1,263 sqft
852.5K AED115

03 / Apartment sizes

Luma21 apartment rents by size

Rent contracts don't record bedrooms for flats, so apartments are grouped by size.

Market rent medians. Annual rents in AED.
SizeContractsMedian rent · AED / yrAED / sqft / yr
Under 500 sq ft420 – 448 sqft
750K AED119
1,200–1,800 sq ft1,263 sqft
1130K AED103

04 / Bedrooms

Luma21 rents by bedrooms, where known

Bedrooms as registered (villas), or from sales of the same floor plan in the same project. Contracts without either aren't counted here.

Market rent medians. Annual rents in AED.
BedroomsContractsMedian rent · AED / yrAED / sqft / yr
Studio421 – 447 sqft
350K AED112