Luma22

Ready

DeveloperTOWNX REAL ESTATE DEVELOPMENT L.L.C

CommunityJumeirah Village Circle

AreaAl Barsha South Fourth

Started

3 years 1 month ago01-12-2022

Handover

1 year 3 months ago30-09-2024

Status

CompleteFinished

Project Description

B+G(Common) 2x 4floors+R Residential, The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-3%

Decline

Current:AED 1,529/sqft

Last 12M:AED 1,579/sqft

Momentum: Last 12Mvs Prior Year

Rising

+3%

Growth

Last 12M:AED 1,579/sqft

Prior Year:AED 1,535/sqft

Community Compare: Last 90DJumeirah Village Circle

Premium

+14%

Above Avg

Project:AED 1,529/sqft

Community:AED 1,346/sqft

Liquidity: Last 12MExit Speed

Moderate

10%Turnover

41Sold (Last 12M)

Supply & Demand Matrix

Luma22 averaged 10% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

Studio

229 units

30 sold199 left

13%

Velocity

1 Bedroom

142 units

8 sold134 left

Velocity

2 Bedrooms

27 units

2 sold25 left

Velocity

3 Bedrooms

9 units

1 sold8 left

11%

Velocity

Layouts & Units (407)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 9 units	Type Flat	Beds 2 B/R	Size 1,259 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold about 1 month ago	Sales 1

Units 22 units	Type Flat	Beds Studio	Size 458 sqft	Avg Price AED 753K	Last Price AED 750K	Last Sold 2 months ago	Sales 7

Units 24 units	Type Flat	Beds Studio	Size 437 sqft	Avg Price AED 701K	Last Price AED 675K	Last Sold 2 months ago	Sales 7

Units 418	Type Flat	Beds 2 B/R	Size 1,757 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold 3 months ago	Sales 1

Units G62	Type Flat	Beds 1 B/R	Size 994 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 4 months ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 858 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 4 months ago	Sales 1

Units 16 units	Type Flat	Beds Studio	Size 412 sqft	Avg Price AED 714K	Last Price AED 735K	Last Sold 5 months ago	Sales 6

Units 6 units	Type Flat	Beds 1 B/R	Size 825 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold 5 months ago	Sales 1

Units G18	Type Flat	Beds 1 B/R	Size 1,013 sqft	Avg Price AED 1.4M	Last Price AED 1.4M	Last Sold 5 months ago	Sales 1

Units 10 units	Type Flat	Beds Studio	Size 469 sqft	Avg Price AED 795K	Last Price AED 800K	Last Sold 6 months ago	Sales 3

Units 21 units	Type Flat	Beds Studio	Size 551 sqft	Avg Price AED 810K	Last Price AED 740K	Last Sold 6 months ago	Sales 2

Units 12 units	Type Flat	Beds 1 B/R	Size 786 sqft	Avg Price AED 1.1M	Last Price AED 1.0M	Last Sold 7 months ago	Sales 2

Units G56	Type Flat	Beds 1 B/R	Size 730 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold 7 months ago	Sales 1

Units 23 units	Type Flat	Beds Studio	Size 440 sqft	Avg Price AED 723K	Last Price AED 740K	Last Sold 7 months ago	Sales 5

Units G25	Type Flat	Beds 3 B/R	Size 2,112 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold 8 months ago	Sales 1

Units 104	Type Flat	Beds 1 B/R	Size 970 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold 8 months ago	Sales 1

Units 46 units	Type Flat	Beds Studio	Size 467 sqft	Avg Price AED 783K	Last Price AED 780K	Last Sold 9 months ago	Sales 8

Units 2 units	Type Flat	Beds 1 B/R	Size 865 sqft	Avg Price AED 1.3M	Last Price AED 1.4M	Last Sold 9 months ago	Sales 2

Units 32 units	Type Flat	Beds 1 B/R	Size 840 sqft	Avg Price AED 1.3M	Last Price AED 1.4M	Last Sold 9 months ago	Sales 3

Units 3 units	Type Flat	Beds Studio	Size 477 sqft	Avg Price AED 760K	Last Price AED 760K	Last Sold 10 months ago	Sales 1

Units 18 units	Type Flat	Beds Studio	Size 446 sqft	Avg Price AED 695K	Last Price AED 675K	Last Sold 10 months ago	Sales 2

Units 6 units	Type Flat	Beds Studio	Size 530 sqft	Avg Price AED 713K	Last Price AED 755K	Last Sold 10 months ago	Sales 2

Units 18 units	Type Flat	Beds Studio	Size 421 sqft	Avg Price AED 720K	Last Price AED 730K	Last Sold about 1 year ago	Sales 3

Units 416	Type Flat	Beds Studio	Size 658 sqft	Avg Price AED 935K	Last Price AED 935K	Last Sold about 1 year ago	Sales 1

Units 415	Type Flat	Beds 1 B/R	Size 795 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 1 year ago	Sales 1

Units 409	Type Flat	Beds 2 B/R	Size 1,845 sqft	Avg Price AED 2.2M	Last Price AED 2.2M	Last Sold about 1 year ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 889 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold about 1 year ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 711 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold about 1 year ago	Sales 1

Units 4 units	Type Flat	Beds 2 B/R	Size 1,225 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold about 1 year ago	Sales 2

Units 181	Type Flat	Beds 1 B/R	Size 1,104 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold about 1 year ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 734 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold over 1 year ago	Sales 1

Units 196	Type Flat	Beds 2 B/R	Size 1,308 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold over 1 year ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 789 sqft	Avg Price AED 1.2M	Last Price AED 1.1M	Last Sold over 1 year ago	Sales 2

Units 2 units	Type Flat	Beds 1 B/R	Size 1,008 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 1 year ago	Sales 2

Units 4 units	Type Flat	Beds 1 B/R	Size 985 sqft	Avg Price AED 1.2M	Last Price AED 1.2M	Last Sold over 1 year ago	Sales 1

Units 3 units	Type Flat	Beds 1 B/R	Size 658 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 691 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 726 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 751 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 180	Type Flat	Beds 1 B/R	Size 769 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 813 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 1 B/R	Size 822 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 831 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G45	Type Flat	Beds 1 B/R	Size 837 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 844 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 454	Type Flat	Beds 1 B/R	Size 848 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 1 B/R	Size 874 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 451	Type Flat	Beds 1 B/R	Size 880 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 883 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 7 units	Type Flat	Beds 1 B/R	Size 893 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G77	Type Flat	Beds 1 B/R	Size 911 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 142	Type Flat	Beds 1 B/R	Size 919 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 923 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 930 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 936 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 960 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G65	Type Flat	Beds 1 B/R	Size 981 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G17	Type Flat	Beds 1 B/R	Size 1,022 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G24	Type Flat	Beds 1 B/R	Size 1,036 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 141	Type Flat	Beds 1 B/R	Size 1,091 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 140	Type Flat	Beds 1 B/R	Size 1,098 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 2 B/R	Size 1,139 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 2 B/R	Size 1,178 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 261	Type Flat	Beds 2 B/R	Size 1,269 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 407	Type Flat	Beds 2 B/R	Size 1,341 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 460	Type Flat	Beds 2 B/R	Size 1,661 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 452	Type Flat	Beds 2 B/R	Size 1,741 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 405	Type Flat	Beds 2 B/R	Size 2,051 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 3 B/R	Size 1,395 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G15	Type Flat	Beds 3 B/R	Size 1,710 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 3 B/R	Size 1,752 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G06	Type Flat	Beds 3 B/R	Size 2,104 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds Studio	Size 413 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 262	Type Flat	Beds Studio	Size 424 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 431 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G76	Type Flat	Beds Studio	Size 451 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G23	Type Flat	Beds Studio	Size 513 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G75	Type Flat	Beds Studio	Size 537 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Flat	Beds Studio	Size 553 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 188	Type Flat	Beds Studio	Size 563 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G07	Type Flat	Beds Studio	Size 574 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G22	Type Flat	Beds Studio	Size 639 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G08	Type Flat	Beds Studio	Size 686 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 709 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

84 unique layouts covering 407 units