Luminar Tower 1
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Luminar Tower 1 is an under-construction apartment development by OBJ1 REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Triangle, Al Barsha South Fifth, comprising 200 registered units. 169 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,503 per sqft. At AED 1,503 per sqft, Luminar Tower 1 prices 9% below the Jumeirah Village Triangle average of AED 1,649 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend |
|---|---|---|---|---|---|
PIX© Core Project-Wide 575 – 1,438 sqft | 200 | 1.33M | 1,503 | ↓5.3% | |
| Residential | |||||
1 Bed · Apartment 575 – 1,267 sqft | 196 | ||||
| Commercial | |||||
Shop 810 – 1,438 sqft | 4 | — | |||
| Floors | Median PSF |
|---|---|
| All floors | 165 sales |
| Floors 1-15 | 126 sales |
| Floors 16-20 | 39 sales |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 29 Jul 2026 | Floor 1 | 712 | 1,083,859 | 1,522 | — | Premium | Off-Plan Sale |
| 3 Jul 2026 | Floor 20 | 995 | 1,491,992 | 1,499 | — | Standard | Off-Plan Sale |
| 8 Jun 2026 | Floor 15 | 995 | 1,389,110 | 1,396 | — | Standard | Off-Plan Sale |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Jumeirah Village Triangle
The closest-priced registered projects in Jumeirah Village Triangle.
- Cavendish SquareAED 1,500/sqft
- The Vyne ResidencesAED 1,516/sqft
- Elbrus TowerAED 1,486/sqft
- FH ResidencyAED 1,523/sqft
- Enaya ResidencesAED 1,478/sqft
- Belmont ResidencesAED 1,475/sqft
Common questions about Luminar Tower 1
Answered from Dubai Land Department registered transactions.
How much does a property in Luminar Tower 1 cost?
Property in Luminar Tower 1 sells at a current PIX© price of AED 1,503 per sqft, or about AED 1,329,633 for a typical unit, based on 169 sales registered with the Dubai Land Department.
When is Luminar Tower 1 handing over?
Luminar Tower 1 is under construction, due q4 2026, and is 13% complete against the Dubai Land Department's reported progress.
Who is the developer of Luminar Tower 1?
Luminar Tower 1 is developed by OBJ1 REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.
How many units are in Luminar Tower 1?
Luminar Tower 1 holds 200 registered units, per the Dubai Land Department unit register.
Have prices in Luminar Tower 1 gone up or down?
Price per sqft has fallen -5.3% over the last 12 months, to AED 1,503, across 169 registered sales.