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ReadyHanded over

Luma21

by Townx Real Estate Development Jumeirah Village Circle

About Luma21

Luma21 is a residential building by Townx Real Estate Development, in Jumeirah Village Circle, Dubai. It rises 5 storeys (1 basement level, a ground floor, 4 floors, a roof and 1 upper-roof level), built as a concrete structure with internal and external finishes. The project comprises 238 homes.

Key information

Townx Real Estate Development
Developer
Townx Real Estate Development
Handover
Q2 2023
Status
Handed over
Location
Jumeirah Village Circle, Dubai
Master project
Jumeirah Village Circle
Construction started
2021
Number of buildings
1
Number of units
238
Registered with DLD
23 Dec 2021
Escrow bank
Commercial Bank of Dubai
Escrow account no.
1004270771
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2021
  2. Handed over
    Q2 2023

Construction progress

53 inspection photos from the Dubai Land Department. Latest 22 Feb 2023 at 100% complete.

Luma21 construction — photo 1
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Amenities

Physical features recorded on the Dubai Land Department buildings register.

2 Swimming Pools
Covered Parking
4 Elevators
7 Floors

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
337
Median price
AED 551K
Median price / sqft
AED 1K+47%
Off-plan share
60%

Priced 6% below than the Al Barsha South Fourth median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio268446 sqftAED 526KAED 1K
1 Bed58728 sqftAED 815KAED 1K
2 Bed51,144 sqftAED 1.3MAED 1K
3 Bed61,197 sqftAED 1.3MAED 1K

Price per sqft by year

+47% since 2022

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
31 Aug 2026Resale696 sqftAED 915KAED 1K
30 Jun 2026Resale426 sqftAED 680KAED 2K
23 Jun 2026Resale892 sqftAED 984KAED 1K
26 Mar 2026Resale552 sqftAED 735KAED 1K
03 Mar 2026Resale447 sqftAED 760KAED 2K
11 Feb 2026Resale422 sqftAED 665KAED 2K
07 Jan 2026Resale423 sqftAED 730KAED 2K
07 Jan 2026Resale447 sqftAED 765KAED 2K

Unit mix

238 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Studio191420 - 557 sqft
1 B/R39596 - 1,079 sqft
2 B/R31,144 sqft
3 B/R51,184 - 1,263 sqft

Payment plan

Payment plans are set by Townx Real and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Jumeirah Village Circle, Dubai.

Jumeirah Village Circle

Dubai, United Arab Emirates

Frequently asked questions

Luma21 has already been handed over (Q2 2023), according to Dubai Land Department records.

More projects by Townx Real Estate Development

Other developments by Townx Real in Dubai.

Handover Q2 2023100% complete

Luma21

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