Luma Park Views
About Luma Park Views
Luma Park Views is in District 14, Jumeirah Village Circle, developed by TownX Development.
Newly completed and occupied; December 2025 handover. Modern 25-floor freehold residential tower with approximately 600 apartments comprising 1, 2 and 3-bedroom units.
Amenities
- Properly equipped gym
- swimming pool
- landscaped gardens
- children’s play area
- coworking space
- high-speed lifts
- 24-hour concierge
- covered parking
- EV charging
- e-scooter parking
- modern lobby
- fitted kitchens
- balconies
- park and FIVE JVC views.
Unit Types & Rental Benchmarks
| Type | Size | Asking | Market / Achieved | AED / sqft |
|---|---|---|---|---|
| 1 Bedroom - Annual Rent (Asking) | To be confirmed | AED 85,000 | AED 80,000 | AED 97.5/sqft/year |
| 1 Bed - Annual Rent (Asking) | To be confirmed | AED 85,000 | To be confirmed | To be confirmed |
Rental & Sale Market Notes
Rent trend: Large amount of new rental and resale stock. Typical 1-bed asking range AED 75,000-90,000, with a wider listing range of AED 68,999-120,000. Viewed unit asking AED 85,000; agent indicated approximately AED 80,000 may be achievable. Estimated achieved range AED 75,000-85,000 requires Ejari verification. Typical 1-bed sizes approximately 798-881 sqft. Average 1-bed sale ask about AED 1.39M; average DLD price about AED 1.305M; recent transactions around AED 1.15M-1.29M at roughly AED 1,350-1,620/sqft. Building average sale rate about AED 1,579/sqft; indicative service charge AED 16/sqft; indicative gross yield about 6.1% at AED 80,000 rent against AED 1.305M purchase.
Current asking sits approximately 6.3% above the market/achieved comparable, based on our research.
Figures above combine advertised asking prices with our own estimates and viewing-based assessments where stated. They are not verified transaction data.Things To Know
Strong hotel-like atmosphere; strict security and access procedures; large 600-unit tower; less private or residential feeling; substantial competing rental and resale stock; very tech-driven, commercial and not peaceful.
Who It Suits
Good Fit
Tenants wanting a new, amenity-rich and tech-enabled tower with a proper gym, coworking facilities, concierge service and strong views.
Better To Avoid If
Anyone wanting a quiet, private or boutique residential atmosphere, minimal security procedures, or limited competing rental inventory.
Find Luma Park Views
Luma Park Views, District 14, Jumeirah Village Circle, Dubai, UAE
