TOWNX "Luma Park Views"
TownX Development · Jumeirah Village Circle · Dubai
SKID Score6.3 / 10
SKID Score
6.3 / 10
Proceed with caution
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: exit liquidity. Weakest: supply.
SKID warning
This project appears expensive relative to comparable transactions.
- Published price
- From AED 1.3M
- Payment plan
- —
- Handover
- Jun 2025
- Available units
- 1–3 beds · Freehold
- Gross yield
- 5.5%
- Fair value
- -14.2%
- Risk
- High
- At handover
- Plan not published
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 5.5%
- Fair value
- -14.2%
↑ 0.1 since last analysis
Last evaluated: 2026-10-07
01 · Ranked
10 factors
0% total
Tap any slice or factor below to inspect how SKID weighs and verifies it.
Why SKID gave it 6.3
| Factor | Weight | Score |
|---|---|---|
Location Waterfront or beach positioning | 26.7% | 7.9/ 10 |
Entry price Launch is -14.2% versus median DLD sale price per sq ft in this community | 20% | 4.4/ 10 |
Supply / competition Heavy competing supply: 80 other launches in Jumeirah Village Circle | 13.3% | 3.6/ 10 |
Appreciation potential Community closed-sale trend is +8.0% year on year | 13.3% | 8.4/ 10 |
Rental yield Implied gross yield is 5.5% against community rents | 10% | 6.4/ 10 |
Delivery risk The published handover date is already in the past | 6.7% | 3.8/ 10 |
Service charges Service charge published at 16 | 3.3% | 7.1/ 10 |
Exit liquidity 6423 closed sales in the last year in this community | 6.7% | 8.6/ 10 |
Strong
- • Community closed-sale trend is +8.0% year on year
- • 6423 closed sales in the last year in this community
Watch
- • Waterfront or beach positioning
- • Implied gross yield is 5.5% against community rents
- • Service charge published at 16
Risk
- • Launch is -14.2% versus median DLD sale price per sq ft in this community
- • Heavy competing supply: 80 other launches in Jumeirah Village Circle
- • The published handover date is already in the past
🤖What the agents are saying & Did each agent do its job?Show audit details ▾
Did each agent do its job?
No current news specifically about this project, developer, or community, so news did not change the SKID score.
TownX Development is named, but there is no completed project on this catalog and no delivery record, so developer history did not change the SKID score. Delivery risk 3.8 / 10. The published handover date is already in the past.
Community read for Jumeirah Village Circle: location 7.9 / 10, supply 3.6 / 10. Waterfront or beach positioning Amenities mention park Heavy competing supply: 80 other launches in Jumeirah Village Circle
Pricing agent: Launch is -14.2% versus median DLD sale price per sq ft in this community Service charge published at 16 6423 closed sales in the last year in this community
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 5.5% against community rents
No payment plan split was published, so the payment plan did not change the SKID score.
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: exit liquidity. Weakest: supply.
What the agents are saying
News sentiment
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation
TownX Development is named, but there is no completed project on this catalog and no delivery record, so developer history did not change the SKID score. Delivery risk 3.8 / 10. The published handover date is already in the past.
Community
Community read for Jumeirah Village Circle: location 7.9 / 10, supply 3.6 / 10. Waterfront or beach positioning Amenities mention park Heavy competing supply: 80 other launches in Jumeirah Village Circle
Pricing
Pricing agent: Launch is -14.2% versus median DLD sale price per sq ft in this community Service charge published at 16 6423 closed sales in the last year in this community
ROI
ROI agent: Community closed-sale trend is +8.0% year on year Implied gross yield is 5.5% against community rents
Payment plan
No payment plan split was published, so the payment plan did not change the SKID score.
Orchestrator
Proceed with caution. Several evidenced factors are weak. Strongest evidenced factor: exit liquidity. Weakest: supply.
Location
Jumeirah Village Circle · Dubai
Recent sales nearby
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-18 | Ready · Apartment | AED 2.92M | 1,748 | 1,667 |
| 2026-07-18 | Off-plan · Apartment | AED 771K | 424 | 1,819 |
| 2026-07-18 | Off-plan · Apartment | AED 912K | 431 | 2,116 |
| 2026-07-18 | Off-plan · Apartment | AED 530K | 404 | 1,310 |
| 2026-07-18 | Ready · Apartment | AED 800K | 690 | 1,160 |
| 2026-07-18 | Ready · Apartment | AED 700K | 502 | 1,396 |
| 2026-07-18 | Off-plan · Apartment | AED 856K | 381 | 2,248 |
| 2026-07-18 | Off-plan · Apartment | AED 2.23M | 1,306 | 1,707 |
Closed sales in this community. These are not this tower's own contracts unless the record says so.
Available units
1–3 beds · Apartments
AED 1.3M – AED 2.28M
838 – 1,201 sq.ft
AED 2.45M – AED 3.43M
1,265 – 1,628 sq.ft
From AED 3.6M
1,692 sq.ft
From 838 sq ft / sq m as published
Service charge 16
Amenities
- Covered Parking
- Security & CCTV
- Concierge Service
- Shared Pool
- Kids’ Play Area
- Lobby
- Shared Gym & Fitness Centre
- Dining outlets (coffee houses & restaurants)
- Retail Outlets
- Lift
- Leisure Areas
- Recreational Areas
- Landscaped Garden
Compare
TOWNX "Luma Park Views"
From AED 1.3M · ★ 6.3 / 10
Questions about this launch
- Who is building TOWNX "Luma Park Views"?
- TownX Development is the developer named on this launch.
- When is handover for TOWNX "Luma Park Views"?
- The published handover is Jun 2025.
- What is the starting price of TOWNX "Luma Park Views"?
- The published starting price is AED 1.3M.
- What does the SKID screen mean for TOWNX "Luma Park Views"?
- The SKID screen for this launch in Jumeirah Village Circle is 55 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.