Dubai, United Arab Emirates
Price from
≈ $353,764AED 1,299,200Rate as of 2026-08-30
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
AED 17,122 / m²
-13% vs the city median (Dubai), sample of 371 projects
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Data verified Aug 8, 2026price source: developer partner networkupdated 22 days ago
Properties
Condominium
Area
74 - 159 m²
Bedrooms
1 - 3
Readiness
Under construction
Available
6 of 6
Dry season
Jul, Aug, Oct
Properties
Condominium
Area
74 - 159 m²
Bedrooms
1 - 3
Readiness
Under construction
Is this expensive for the city
$4,662per m²cheaper than 65% of city projects
-13% vs the city median (Dubai), sample of 371 projects
Rate as of 2026-08-30, city data updated 2026-08-30. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.
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What it really costs
Payment plan
Step 1
On booking
20%$70,753
Step 2
Tax
4%$14,151
Step 3
On transfer
80%$283,012
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$1,347
$16,169
5.7%
4.6%
$473,417
57%
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When is the season here
Driest months: Jul, Aug, Oct
Wettest months: Jan, Mar, Dec
Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 20.1 | 17 |
| Feb | 20.8 | 8 |
| Mar | 23.3 | 16 |
| Apr | 26.9 | 9 |
| May | 30.7 | 4 |
| Jun | 33.1 | 4 |
| Jul | 35.0 | 1 |
| Aug | 35.4 | 1 |
| Sep | 33.5 | 2 |
| Oct | 30.7 | 1 |
| Nov | 26.5 | 8 |
| Dec | 22.5 | 14 |
Source: NASA POWER, climate normal (2001-2020). Grid node 25.1, 55.2. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Status
Under construction
Total units
6
Available
6
Area
74 - 159 m²
Properties
Condominium
Status
Under construction
Total units
6
Available
6
Area
74 - 159 m²
Description
One building, six units: that is the entire scale of Luma Park Views by TownX, a condo development in Dubai built by TownX Real Estate Development. The project is currently under construction, and all six units remain available, with layouts ranging from one to three bedrooms.
Unit sizes start at 74.09 sqm and go up to 158.99 sqm, covering everything from smaller one-bedroom layouts to larger three-bedroom units. Prices begin at AED 1,299,200 and reach AED 3,999,000, with an average price per square meter of AED 17,535. Because the size range is wide, a buyer's price per unit will vary substantially depending on which layout and floor area is chosen.
The development sits in the Dubai region, in the UAE. TownX Real Estate Development is the developer behind the project. With a single building on site, the project is smaller in physical footprint than multi-building developments in the same city.
As construction is still underway, buyers are entering at the pre-completion stage. With all six units still on the market, the full range of layouts and sizes remains open to choose from.
Location
Dubai, United Arab Emirates
Market context
Apartment prices
20%
Villa prices
29%
Residential transactions
56,723transactions
+16% YoY
Average apartment rent
AED 107,000
+8.5% YoY
Price per sqm
AED 1,600
+8% YoY
Dubai’s residential property prices continued to rise in 2025, with apartments up 20% and villas up 29% year‑on‑year, while transaction activity grew 16% to over 56,000 deals. Rental growth has moderated, with average apartment rents increasing about 8.5% and the market moving toward a more balanced supply‑demand dynamic. Strong economic fundamentals, the Golden Visa programme and sustained interest from high‑net‑worth investors keep foreign‑buyer demand robust.
Sources (6) · updated 21/08/2026
- Property prices in Dubai continue upward trend in 2025
- UAE Q3 Real Estate Market Review 2025: Economic Growth Fuels Demand as Supply Stays Tight
- UAE Branded Residences Report 2025 | CBRE
- Dubai Real Estate Market Analysis - October 2025 | Price Trends & Forecast - Off Plan Bazaar
- Dubai real estate set for sustained growth in 2025 amid rising global demand: Knight Frank - Finance Middle East
- Destination Dubai 2025: Dubai Real Estate Market Outlook for Global Investors
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