Dubai Land Department Off-Plan Register

Luma22 - East Tower Launch Prices

Off-plan in Jumeirah Village Circle (JVC) · Developer launch registrations from the Dubai Land Department off-plan register

Buying off-plan? Run the free 6-step verification checklist before you pay a deposit. Verify first →
At a glance

Launch Summary

144 developer launch sales registered at Luma22 - East Tower between Dec 2022 and Sept 2024: 100% apartments, most commonly studio units, typically around 532 sqft.

Launch sales
144
DLD off-plan registrations, all time
Median launch /sqft
AED 1,358
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 492,0792,637,700
Min – max registered

Bed mix: Studio 63% · 1-bed 25% · 2-bed 6% · 3-bed 6%.

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 history

Launch Price by Quarter

Median registered launch price per square foot at Luma22 - East Tower, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2022 Q44AED 1,136
2023 Q154AED 1,139
2023 Q218AED 1,438
2023 Q318AED 1,439
2023 Q416AED 1,400
2024 Q120AED 1,393
2024 Q27AED 1,344
2024 Q37AED 1,422
Two different markets

Launch vs Resale

Luma22 - East Tower also has 39 ready-market resales registered with the DLD, the first on 18 September 2024 - 21 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.

Resales registered
39
39 in the last 2 years
Resale median /sqft
AED 1,529
last 2 years
Resale vs launch
+13%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Luma22 - East Tower →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,013 sqft · 10 September 2024
AED 1,256,760
AED 1,241 /sqft
Apartment · Studio
440 sqft · 6 September 2024
AED 678,000
AED 1,542 /sqft
Apartment · Studio
461 sqft · 30 August 2024
AED 655,000
AED 1,422 /sqft
Apartment · 2 Bed
1,176 sqft · 29 July 2024
AED 1,867,635
AED 1,588 /sqft
Apartment · 1 Bed
844 sqft · 16 July 2024
AED 1,158,173
AED 1,372 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

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

← Jumeirah Village Circle (JVC) resale prices

No saved transactions yet.
Tap the bookmark icon on any row to save it.