New homes in Luma Park Views start at AED 1,294,000; the keys were due Jul 2026; you pay 10% to book, 20% while it is built and 70% at the keys.
In the 24 months to Nov 9, 2026, Dubai Land Department recorded 149 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Luma Park Views. Their median price is AED 1,521 per sq ft (about AED 1,214,000 at 798 sq ft). This project's from price is AED 1,622 per sq ft (AED 1,294,000 for its smallest home, 798 sq ft), 7% more.
Keys
Jul 2026
The developer's handover date. It has passed and may be out of date, so check the current one with the developer.
Payment plan
10 / 20 / 70
10% to book, 20% while it is built, 70% at the keys
Bedrooms
1 to 3 beds
Sizes
798 to 1,711 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
As of Nov 1, 2026. These details can change; confirm them with the developer before you book.
Dubai Land Department register
From price per sq ft
AED 1,622 per sq ft
Similar off-plan homes: AED 1,521 per sq ft
RERA project
2676
Check it in Dubai REST, the Dubai Land Department's official app.
Built
100%
Finished. DLD register, Nov 11, 2026
Completion on the register
Nov 2025
When we started recording it on Jun 12, 2026 it was Jun 2026. It has changed once since.
Escrow account
بنك المشرق (شركة مساهمة عامة)
The bank that holds your payments
Registered homes
606
In 1 buildings
Dubai Land Department project register, as of Nov 11, 2026.
Paying for it
You pay 10% when you book, 20% as the building goes up, and 70% when you get the keys.
AED
When
Stage
Share
Amount
Paid by then
When you bookBooking · 10%
Booking
10%
AED 129,400+ AED 51,760 DLD fee
AED 181,160
As it is builtWhile it is built · 20%
While it is built
20%
AED 258,800
AED 439,960
At the keys (Jul 2026)Keys · 70%
Keys
70%
AED 905,800
AED 1,345,760
Booking payment, 10%
AED 129,400
Dubai Land Department fee (Oqood), 4%
AED 51,760
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 181,160
Total costPrice plus the DLD fee
AED 1,345,760
The handover date (Jul 2026) is too close or already past to estimate the dates. Ask the developer for its current schedule.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
A mortgage at the keys
Before you buy
Pay into the project's escrow account only.
This project's escrow account is at the bank named on the register above, watched by RERA. Pay into that account, never to a person.
Check the developer's record.
The Dubai Land Department project register lists 4 finished projects by this developer since 2019. 4 of the 4 were finished by the completion date DLD holds now. DLD replaces that date when a project is given more time and keeps no earlier dates, so this can't show which ones ran late. Since Jun 12, 2026, DLD has changed the completion date of 1 of their 3 projects under way.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. "Rent and yield" below gives the figure for this project.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 149 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Luma Park Views, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Fewer than 30 similar homes in Luma Park Views sold in 12 months, so we looked at 24 months.
Dubai Land Department recorded 149 off-plan sales of 1-bed apartments of 621 sq ft to 931 sq ft in Luma Park Views, from Nov 10, 2024 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,521 per sq ft
AED 1,352 to AED 1,410 per sq ft
20 sales
AED 1,410 to AED 1,469 per sq ft
17 sales
AED 1,469 to AED 1,527 per sq ft
43 sales
AED 1,527 to AED 1,585 per sq ft
30 sales
AED 1,585 to AED 1,643 per sq ft
23 sales
This project's from price is in this band.
AED 1,643 to AED 1,702 per sq ft
7 sales
AED 1,702 to AED 1,760 per sq ft
6 sales
AED 1,760 to AED 1,818 per sq ft
3 sales
AED 1,352 per sq ftAED 1,818 per sq ft
This project AED 1,622 per sq ft
Half of the sales sold for AED 1,471 to AED 1,586 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,352 to AED 1,410 per sq ft
20
AED 1,410 to AED 1,469 per sq ft
17
AED 1,469 to AED 1,527 per sq ft
43
AED 1,527 to AED 1,585 per sq ft
30
AED 1,585 to AED 1,643 per sq ft
23
AED 1,643 to AED 1,702 per sq ft
7
AED 1,702 to AED 1,760 per sq ft
6
AED 1,760 to AED 1,818 per sq ft
3
The 3 closest sales
Picked from the 149 similar sales above, closest in size to this project's smallest home.
Nov 2025AED 1,364,790AED 1,711 per sq ftLUMA PARK VIEWS, 797 sq ft
Feb 2025AED 1,356,547AED 1,701 per sq ftLUMA PARK VIEWS, 797 sq ft
Nov 2025AED 1,452,090AED 1,818 per sq ftLUMA PARK VIEWS, 799 sq ft
Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in Jumeirah Village Circle in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
1-bed apartmentFrom AED 1,294,000 here
Off-plan medianAED 1,159,000AED 1,497 per sq ft
Sales3,757
7% above 149 similar sales
2-bed apartment
Off-plan medianAED 1,702,000AED 1,377 per sq ft
Sales885
3-bed apartment
Off-plan medianAED 2,249,000AED 1,425 per sq ft
Sales90
Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from priceRent ÷ price
5.8%
Net yield at the from price(Rent − service charge) ÷ (price + DLD fee)
4.4%
Typical gross yield of similar ready homes
7.7%
Median rent of 1-bed apartments in Jumeirah Village Circle
AED 75,000 a year
Service charge a year, from the keysThe area median, AED 19 per sq ft from 5 buildings, as of 2023, for the smallest home (798 sq ft)
AED 15,162
Rent contracts counted
9,534
Rented between
Apr 1, 2025 and Mar 31, 2026
1-bed apartment
AED 75,000 a year
2-bed apartment
AED 110,000 a year
3-bed apartment
AED 145,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 75,000 ÷ AED 1,294,000 = 5.8%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Jumeirah Golf Estates Metro Station5.9 km, 24 min driveMetro station
Nord Anglia International School2.3 km, 4 min driveSchool
JSS International School2.5 km, 9 min driveIndian school
Circle Mall1.6 km, 3 min driveMall
Mediclinic Springs3.5 km, 7 min driveHospital
Jumeirah Lakes Towers6.4 km, 19 min driveOffices
The Els Club, Dubai Sports City2.9 km, 12 min driveGolf
Luma Park Views by TownX offers one- to three-bedroom apartments in Jumeirah Village Circle (District 14) from AED 1,294,000, with a listed handover of July 2026 that has now passed. Its from price per square foot is 6.6% above 149 similar one-bedroom sales in the same project in the 24 months to November 2026, and 70% of the price is due on handover.
The Dubai Land Department registered 149 one-bedroom off-plan sales in Luma Park Views in the 24 months to November 2026. The from price per square foot is 6.6% above their median. Ask which unit the from price applies to and compare it with recent sales in the building.
The plan is 10 / 20 / 70. At the from price, that is AED 129,400 on booking, AED 258,800 during construction and AED 905,800 on handover. The 4% Land Department fee is 4% of the price, which adds AED 51,760. The listed handover was July 2026, four months ago, so the date may be out of date. Ask for the completion certificate and the handover status before you pay.
The apartments have one to three bedrooms, from 798 to 1,711 sq ft, and are sold unfurnished. The developer lists balconies, a shared pool and a children's pool, a gym, a play area, a lobby, covered parking and security around the clock. Ownership is freehold.
Rojmed Poly Clinic is about 550 m away, a 10-minute walk. Nord Anglia International School is about 2.3 km away, 4 minutes by car, and JSS International School about 2.5 km. Jumeirah Lakes Towers is about 19 minutes by car and JBR beach about 20. Jumeirah Golf Estates Metro Station is about 5.9 km away, a 24-minute drive.
