Market bulletin · Thu, 22 Oct 2026
Lume Residence: 1 sales worth AED 1.04M in 30 days
Lume Residence recorded 1 sale worth AED 1.04M in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: developer off-plan sales 100%.
In Jumeirah Village Circle, Lume Residence ranked #11 of 11 leading projects by 12-month sales value; it is developed by S & S Real Estate Development. Its first registered sale was on 19 May 2025.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 1,671 |
| Jan 26 | AED 1,464 |
| Dec 25 | AED 1,642 |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 1,720 |
| Aug 25 | AED 1,728 |
| Jul 25 | AED 1,741 |
| Jun 25 | AED 1,823 |
| May 25 | AED 1,780 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 1 | 0 | 0 |
| Aug 26 | 0 | 0 | 0 |
| Jul 26 | 1 | 0 | 0 |
| Jun 26 | 1 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 4 | 0 | 0 |
| Mar 26 | 2 | 0 | 0 |
| Feb 26 | 5 | 0 | 0 |
| Jan 26 | 11 | 0 | 0 |
| Dec 25 | 21 | 0 | 0 |
| Nov 25 | 2 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 1 | — | AED 1.04M | — | — |
| Last 3 months | 1 | down 75.0% | AED 1.04M | — | — |
| Last 6 months | 5 | down 88.4% | AED 5.22M | 1,694 | up 3.5% |
| Last 12 months | 48 | down 40.0% | AED 46.6M | 1,643 | down 7.1% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 48 | 100% | AED 993K | 1,643 | down 7.1% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 7 | 15% | AED 670K | 1,885 | up 0.2% |
| 1 bedroom | 40 | 83% | AED 1.00M | 1,623 | up 1.3% |
| 2 bedrooms | 1 | 2% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 48 | 100% | AED 993K | 1,643 | down 7.1% |
Competing projects in Jumeirah Village Circle
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti AmberhallBinghatti | 406 | 1,695 | — |
| Serenz Tower ADanube Properties | 332 | 2,316 | up 5.6% |
| Luma Park ViewsTownX Real Estate Development | 227 | 1,472 | up 1.7% |
| Binghatti RubyBinghatti | 165 | 1,649 | — |
| The WeaveThe Weave Real Estate Development | 168 | 1,765 | — |
| Binghatti Royale JVCBinghatti | 111 | 2,396 | — |
| Binghatti ApexBinghatti | 202 | 1,422 | down 3.4% |
| 311 BoulevardBam Eskan Real Estate Development | 134 | 1,365 | — |
| Pearl House 4Imtiaz Real Estate Investment And Development | 138 | 1,455 | — |
| Binghatti CircleBinghatti | 151 | 1,725 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.04M | 1 BR Apartment · 595 sqftLume Residence · Jumeirah Village Circle | 23 Sept |
Questions about Lume Residence
How many properties were sold in Lume Residence in the last year?
48 sales worth AED 46.6M were registered in the last 12 months: 100% developer off-plan, 0% off-plan resales and 0% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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