Luma21 Launch Prices
Off-plan in Jumeirah Village Circle (JVC) · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
201 developer launch sales registered at Luma21 between Mar 2022 and Feb 2023: 100% apartments, most commonly studio units, typically around 447 sqft.
Bed mix: Studio 77% · 1-bed 19% · 2-bed 1% · 3-bed 2%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Luma21, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2022 Q1 | 1 | AED 1,000 |
| 2022 Q2 | 13 | AED 1,001 |
| 2022 Q3 | 142 | AED 1,010 |
| 2022 Q4 | 37 | AED 1,089 |
| 2023 Q1 | 8 | AED 1,179 |
Launch vs Resale
Luma21 also has 134 ready-market resales registered with the DLD, the first on 7 March 2023 - 12 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Jumeirah Village Circle (JVC)
Off-plan in Jumeirah Village Circle (JVC)
Compare this project with every other off-plan launch registered in Jumeirah Village Circle (JVC), or see the community's resale market.
All Jumeirah Village Circle (JVC) projects