Luma Park Views, Jumeirah Village Circle

    Sold Prices · DLD Data

    Luma Park Views

    Jumeirah Village Circle, Dubai

    AED 1,634

    Avg Price / sqft

    AED 1.7M

    Avg Sale Price

    133

    DLD Sales Recorded

    8.9%

    Est. Gross Yield

    View listings Explore Jumeirah Village Circle

    Market snapshot

    Luma Park Views — the numbers

    Luma Park Views is a residential building in Jumeirah Village Circle, Dubai. Dubai Land Department records show 133 sales in the building, at an average price of AED 1.7M — around AED 1,634 per square foot.

    Since January 2026, 133 sales completed in Luma Park Views, with the average price per square foot moving from AED 1,766 to AED 1,474 (-16.5%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Jumeirah Village Circle, a typical unit in Luma Park Views returns an estimated 8.9% gross rental yield before service charges — a useful starting point for investors comparing towers across Jumeirah Village Circle.

    Figures are from Dubai Land Department transaction records for Luma Park Views; individual units vary by floor, view and finish. Gross yield is estimated against average Jumeirah Village Circle residential rents, before service charges.

    Price trend

    Price trend in Luma Park Views

    Average sale price per sqft by month since January 2026-16.5%

    1,5111,6201,730Jan 26: AED 1,766/sqft · 30 salesJan 26Feb 26: AED 1,727/sqft · 23 salesFeb 26Mar 26: AED 1,623/sqft · 7 salesMar 26Apr 26: AED 1,747/sqft · 8 salesApr 26May 26: AED 1,724/sqft · 8 salesMay 26Jun 26: AED 1,492/sqft · 19 salesJun 26Jul 26: AED 1,522/sqft · 22 salesJul 26Aug 26: AED 1,474/sqft · 16 salesAug 26

    Unit types

    Prices by unit type

    1 Bed

    AED 1.3M

    AED 1,564/sqft

    93 sales · last 12 months

    2 Bed

    AED 2.1M

    AED 1,625/sqft

    14 sales · last 12 months

    3 Bed

    AED 2.7M

    AED 1,885/sqft

    26 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    17 Aug 2026Sales21,238AED 2.0MAED 1,595
    17 Aug 2026Sales21,238AED 1.9MAED 1,562
    13 Aug 2026Sales1881AED 1.2MAED 1,416
    12 Aug 2026Sales1838AED 1.2MAED 1,386
    12 Aug 2026Sales1849AED 1.3MAED 1,504
    11 Aug 2026Sales21,360AED 1.9MAED 1,425
    10 Aug 2026Sales1881AED 1.2MAED 1,416
    10 Aug 2026Sales1880AED 1.3MAED 1,447
    08 Aug 2026Sales1799AED 1.3MAED 1,617
    07 Aug 2026Sales21,360AED 2.0MAED 1,477
    07 Aug 2026Sales1838AED 1.2MAED 1,373
    06 Aug 2026Sales1849AED 1.2MAED 1,413
    05 Aug 2026Sales1849AED 1.2MAED 1,356
    05 Aug 2026Sales1838AED 1.2MAED 1,449
    03 Aug 2026Sales31,310AED 2.1MAED 1,616
    01 Aug 2026Sales1804AED 1.2MAED 1,535
    30 Jul 2026Sales1880AED 1.2MAED 1,403
    30 Jul 2026Sales31,309AED 2.3MAED 1,738
    29 Jul 2026Sales1880AED 1.2MAED 1,403
    28 Jul 2026Sales21,238AED 2.0MAED 1,612

    About the area

    Luma Park Views is in Jumeirah Village Circle

    Jumeirah Village Circle (JVC) is a master-planned community developed by a consortium of reputable developers, including Damac Properties and Binghatti Developers. Known for its family-friendly environment, JVC features a mix of residential and commercial properties, designed with a focus on community living.

    Explore the Jumeirah Village Circle area guide

    Nearby

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    FAQ

    Luma Park Views: frequently asked questions

    What is the average price in Luma Park Views?

    The average recorded sale price in Luma Park Views, Jumeirah Village Circle is AED 1.7M, around AED 1,634 per square foot, based on Dubai Land Department transaction data.

    Are prices in Luma Park Views going up or down?

    Average sale prices in Luma Park Views have eased -16.5% per square foot since January 2026, across 133 DLD-recorded sales.

    What rental yield can I expect in Luma Park Views?

    Based on average Jumeirah Village Circle residential rents against sale prices in the building, a typical unit in Luma Park Views yields roughly 8.9% gross per year, before service charges and fees.

    How many properties have sold in Luma Park Views?

    133 sales have been recorded in Luma Park Views according to DLD data.

    Considering Luma Park Views?

    Get honest, DLD-backed guidance on pricing, yields and availability in Jumeirah Village Circle from Binayah's advisors — no pressure, just the numbers.

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