Lume Residences, Jumeirah Village Circle

    Sold Prices · DLD Data

    Lume Residences

    Jumeirah Village Circle, Dubai

    AED 1,646

    Avg Price / sqft

    AED 1.0M

    Avg Sale Price

    40

    DLD Sales Recorded

    8.8%

    Est. Gross Yield

    View listings Explore Jumeirah Village Circle

    Market snapshot

    Lume Residences — the numbers

    Lume Residences is a residential building in Jumeirah Village Circle, Dubai. Dubai Land Department records show 40 sales in the building, at an average price of AED 1.0M — around AED 1,646 per square foot.

    Since January 2026, 40 sales completed in Lume Residences, with the average price per square foot moving from AED 1,536 to AED 1,735 (+13%). That upward drift suggests sellers currently hold pricing power here.

    Benchmarked against average residential rents in Jumeirah Village Circle, a typical unit in Lume Residences returns an estimated 8.8% 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 Lume Residences; 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 Lume Residences

    Average sale price per sqft by month since January 2026+13%

    1,5611,6361,710Jan 26: AED 1,536/sqft · 11 salesJan 26Feb 26: AED 1,689/sqft · 7 salesFeb 26Mar 26: AED 1,611/sqft · 2 salesMar 26Apr 26: AED 1,724/sqft · 8 salesApr 26Jun 26: AED 1,684/sqft · 7 salesJun 26Jul 26: AED 1,565/sqft · 2 salesJul 26Aug 26: AED 1,735/sqft · 3 salesAug 26

    Unit types

    Prices by unit type

    Studio

    AED 708K

    AED 2,000/sqft

    3 sales · last 12 months

    1 Bed

    AED 1.0M

    AED 1,623/sqft

    36 sales · last 12 months

    2 Bed

    AED 1.6M

    AED 1,427/sqft

    1 sale · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    11 Aug 2026Sales1603AED 1.1MAED 1,788
    04 Aug 2026Sales1685AED 1.1MAED 1,633
    04 Aug 2026Sales1603AED 1.1MAED 1,785
    23 Jul 2026Sales1640AED 1.1MAED 1,694
    15 Jul 2026Sales1685AED 984KAED 1,437
    30 Jun 2026Sales1608AED 1.1MAED 1,800
    30 Jun 2026Sales1563AED 1.0MAED 1,780
    30 Jun 2026Sales1602AED 985KAED 1,637
    30 Jun 2026Sales21,118AED 1.6MAED 1,427
    17 Jun 2026Sales1595AED 1.1MAED 1,826
    10 Jun 2026Sales1715AED 1.1MAED 1,587
    10 Jun 2026Sales1563AED 975KAED 1,731
    29 Apr 2026Sales1604AED 1.0MAED 1,679
    29 Apr 2026Sales1677AED 993KAED 1,468
    16 Apr 2026Sales1676AED 1.1MAED 1,552
    07 Apr 2026Sales1608AED 1.0MAED 1,723
    03 Apr 2026Sales0335AED 708KAED 2,112
    03 Apr 2026Sales1610AED 1.0MAED 1,695
    02 Apr 2026Sales1603AED 1.1MAED 1,799
    01 Apr 2026Sales1563AED 994KAED 1,765

    About the area

    Lume Residences 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

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    FAQ

    Lume Residences: frequently asked questions

    What is the average price in Lume Residences?

    The average recorded sale price in Lume Residences, Jumeirah Village Circle is AED 1.0M, around AED 1,646 per square foot, based on Dubai Land Department transaction data.

    Are prices in Lume Residences going up or down?

    Average sale prices in Lume Residences have risen +13% per square foot since January 2026, across 40 DLD-recorded sales.

    What rental yield can I expect in Lume Residences?

    Based on average Jumeirah Village Circle residential rents against sale prices in the building, a typical unit in Lume Residences yields roughly 8.8% gross per year, before service charges and fees.

    How many properties have sold in Lume Residences?

    40 sales have been recorded in Lume Residences according to DLD data.

    Considering Lume Residences?

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