Tenanted 1-Bedroom in Luma 22, JVC, Urgent Sale

Property Overview

This one-bedroom apartment in Luma 22, Jumeirah Village Circle (JVC), by TownX, is offered at AED 1,050,000 for 981 sq ft of built-up area. The agent describes it as an urgent sale of a low-floor, unfurnished unit that is currently tenanted. The asking price works out to approximately AED 1,070 per sq ft.

Property Highlights

• Asking price: AED 1,050,000
• Property type: 1-bedroom apartment
• Built-up area: 981 sq ft
• Price per sq ft: approximately AED 1,070
• Floor: low floor (agent-stated)
• Furnishing: unfurnished
• Occupancy: tenanted
• Seller: urgent sale (agent-stated)
• Status: ready

Pricing Basis

The agent describes this as an urgent sale but has not supplied an original purchase price, DLD transaction or dated market comparison. DPF therefore makes no claim that the price is below the original price or below market. Buyers should compare it against recent DLD transactions for one-bedroom units in Luma 22.

About the Project, Developer and Community

Luma 22 is a residential development in District 10 of JVC by TownX, delivered in August 2024. It offers one- to three-bedroom apartments across East and West towers, with a fitness centre, resort-style swimming pool, children's play areas, landscaped gardens, jogging tracks, concierge service and 24-hour security.

Jumeirah Village Circle is a family-oriented community between Al Khail Road and Sheikh Mohammed Bin Zayed Road, popular with investors for its mid-market pricing and steady rental demand.

Layout, Floor and Tenancy

The agent confirms a one-bedroom layout of 981 sq ft on a low floor, unfurnished and currently tenanted. Published one-bedroom layouts at Luma 22 are generally smaller, so buyers should confirm whether the 981 sq ft figure includes a terrace or a larger layout type on the title deed and floor plan. Tower, view, bathrooms and parking were not supplied.

Because the unit is tenanted, buyers should obtain the Ejari-registered tenancy contract and confirm the rent, payment schedule, lease expiry and any notice terms before purchase. A buyer looking to move in should check when vacant possession is realistically achievable under Dubai tenancy rules.

Location and Connectivity

JVC offers road access to Dubai Marina, Al Barsha, Dubai Hills Estate and Dubai Sports City. Specific travel times have not been verified for this listing.

Verification Notes

• Agent-supplied facts: building, 1-bedroom layout, 981 sq ft, asking price, low floor, unfurnished, tenanted and urgent sale.
• DPF-calculated figures: price per sq ft.
• External research: developer, district, towers, delivery date and amenities from published sources; check against TownX's official materials before publishing.
• Not supplied: price benchmark, tower, rent amount, lease expiry, view, parking and service charges.