About Luma22
Luma22 is a residential development by Townx Real Estate Development, in Jumeirah Village Circle, Dubai. The project comprises 407 homes across 2 buildings.
Key information
Developer
Townx Real Estate Development
- Handover
- Q3 2024
- Status
- Handed over
- Location
- Jumeirah Village Circle, Dubai
- Master project
- Jumeirah Village Circle
- Construction started
- 2022
- Number of buildings
- 2
- Number of units
- 407
- Registered with DLD
- 12 Dec 2022
- Escrow bank
- Commercial Bank of Dubai
- Escrow account no.
- 1006190449
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2022
- Handed overQ3 2024
Construction progress
52 inspection photos from the Dubai Land Department. Latest 02 Aug 2024 at 100% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
2 Swimming Pools
Covered Parking
7 Elevators
7 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
492
Median price
AED 738K
Median price / sqft
AED 1K+30%
Off-plan share
76%
Priced 22% above than the Al Barsha South Fourth median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 295 | 463 sqft | AED 642K | AED 1K |
| 1 Bed | 157 | 848 sqft | AED 1.1M | AED 1K |
| 2 Bed | 31 | 1,345 sqft | AED 1.8M | AED 1K |
| 3 Bed | 9 | 1,712 sqft | AED 2.1M | AED 1K |
Price per sqft by year
+30% since 2022AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 31 Jul 2026 | Resale | 893 sqft | AED 1.2M | AED 1K |
| 10 Jun 2026 | Resale | 825 sqft | AED 1.1M | AED 1K |
| 11 May 2026 | Resale | 446 sqft | AED 660K | AED 1K |
| 07 May 2026 | Resale | 787 sqft | AED 1.0M | AED 1K |
| 21 Apr 2026 | Resale | 734 sqft | AED 945K | AED 1K |
| 31 Mar 2026 | Resale | 467 sqft | AED 790K | AED 2K |
| 13 Mar 2026 | Resale | 458 sqft | AED 780K | AED 2K |
| 09 Mar 2026 | Resale | 1,269 sqft | AED 2.0M | AED 2K |
Unit mix
407 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 229 | 412 - 709 sqft |
| 1 B/R | 142 | 658 - 1,104 sqft |
| 2 B/R | 27 | 1,139 - 2,051 sqft |
| 3 B/R | 9 | 1,395 - 2,112 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 planLocation
Approximate location in Jumeirah Village Circle, Dubai.
Jumeirah Village Circle
Dubai, United Arab Emirates
Frequently asked questions
Luma22 has already been handed over (Q3 2024), according to Dubai Land Department records.
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