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Luma22, JVC (Jumeirah Village Circle): rental yield, prices & rents

In the 24 months to 5 October 2026, DLD registered 100 sales and 569 rent contracts in Luma22, JVC (Jumeirah Village Circle). A studio apartment sold for a median AED 738K and rented for AED 60K a year: a gross yield of 8.1%. The JVC (Jumeirah Village Circle) median for the same home type is 6.8% (last 12 months).

See every Luma22 sale and rental in the explorer →

Prices and yields by home type

Medians for the 24 months to 5 October 2026. Gross yield = median annual rent ÷ median sale price.

Home typeMedian priceAED / sq ftGross yieldSales
Studio apartmentAED 738K1,6258.1%56
1-bed apartmentAED 1.23M1,3727.1%27
2-bed apartmentAED 1.95M1,4446.4%16

Rent guide: what tenants pay in Luma22

The 24 months to 5 October 2026. Typical = median. “Most pay” is the middle half of contracts. New lease is what a new tenant agreed; renewal is an existing tenant renewing, often lower because renewal increases are limited by the RERA rental index.

Home typeTypical rent / yearPer monthMost payNew leaseRenewalContracts
Studio apartmentAED 60KAED 5,000AED 55K – AED 64KAED 60KAED 60K366
1-bed apartmentAED 87KAED 7,262AED 82K – AED 95KAED 88KAED 87K179
2-bed apartmentAED 125KAED 10KAED 120K – AED 130KAED 125KAED 122K20
3-bed apartmentAED 175KAED 15KAED 160K – AED 185KAED 175K—4

Price and rent trend

Median sale price per sq ft (AED), by month
1,2001,4001,6001,800Oct 2024Apr 2025Mar 2026 1,693Oct 2024: AED 1,553 per sq ftNov 2024: AED 1,517 per sq ftDec 2024: AED 1,562 per sq ftJan 2025: AED 1,521 per sq ftFeb 2025: AED 1,639 per sq ftMar 2025: AED 1,603 per sq ftApr 2025: AED 1,597 per sq ftMay 2025: AED 1,597 per sq ftJul 2025: AED 1,344 per sq ftAug 2025: AED 1,635 per sq ftOct 2025: AED 1,258 per sq ftNov 2025: AED 1,638 per sq ftMar 2026: AED 1,693 per sq ft
Show as table
MonthAED per sq ft
Oct 20241,553
Nov 20241,517
Dec 20241,562
Jan 20251,521
Feb 20251,639
Mar 20251,603
Apr 20251,597
May 20251,597
Jul 20251,344
Aug 20251,635
Oct 20251,258
Nov 20251,638
Mar 20261,693
Median annual rent per sq ft (AED), by month
100120140160Oct 2024Oct 2025Oct 2026 108Oct 2024: AED 118 per sq ft / yearNov 2024: AED 119 per sq ft / yearDec 2024: AED 121 per sq ft / yearJan 2025: AED 112 per sq ft / yearFeb 2025: AED 130 per sq ft / yearMar 2025: AED 121 per sq ft / yearApr 2025: AED 118 per sq ft / yearMay 2025: AED 124 per sq ft / yearJun 2025: AED 119 per sq ft / yearJul 2025: AED 141 per sq ft / yearAug 2025: AED 102 per sq ft / yearSep 2025: AED 134 per sq ft / yearOct 2025: AED 129 per sq ft / yearNov 2025: AED 123 per sq ft / yearDec 2025: AED 119 per sq ft / yearJan 2026: AED 112 per sq ft / yearFeb 2026: AED 135 per sq ft / yearMar 2026: AED 126 per sq ft / yearApr 2026: AED 122 per sq ft / yearMay 2026: AED 120 per sq ft / yearJun 2026: AED 107 per sq ft / yearJul 2026: AED 106 per sq ft / yearAug 2026: AED 100 per sq ft / yearSep 2026: AED 109 per sq ft / yearOct 2026: AED 108 per sq ft / year
Show as table
MonthAED per sq ft / year
Oct 2024118
Nov 2024119
Dec 2024121
Jan 2025112
Feb 2025130
Mar 2025121
Apr 2025118
May 2025124
Jun 2025119
Jul 2025141
Aug 2025102
Sep 2025134
Oct 2025129
Nov 2025123
Dec 2025119
Jan 2026112
Feb 2026135
Mar 2026126
Apr 2026122
May 2026120
Jun 2026107
Jul 2026106
Aug 2026100
Sep 2026109
Oct 2026108

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Quick answers

What is the rental yield in Luma22?

The median gross rental yield for a studio apartment in Luma22, JVC (Jumeirah Village Circle) is 8.1%, based on DLD records for the 24 months to 5 October 2026.

How much does a studio apartment in Luma22 cost?

The median sale price was AED 738K (AED 1,625 per sq ft) in the 24 months to 5 October 2026.