Luma22 - West Tower Launch Prices
Off-plan in Jumeirah Village Circle (JVC) · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
231 developer launch sales registered at Luma22 - West Tower between Dec 2022 and Sept 2024: 100% apartments, most commonly studio units, typically around 469 sqft.
Bed mix: Studio 62% · 1-bed 36% · 2-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 Luma22 - West Tower, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2022 Q4 | 4 | AED 1,131 |
| 2023 Q1 | 83 | AED 1,133 |
| 2023 Q2 | 27 | AED 1,407 |
| 2023 Q3 | 30 | AED 1,447 |
| 2023 Q4 | 24 | AED 1,472 |
| 2024 Q1 | 34 | AED 1,464 |
| 2024 Q2 | 13 | AED 1,386 |
| 2024 Q3 | 16 | AED 1,379 |
Launch vs Resale
Luma22 - West Tower also has 47 ready-market resales registered with the DLD, the first on 25 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.
Resale prices and recent transactions at Luma22 - West Tower →
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.
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