PropertyIndex

Luminar Tower 3

Under Construction · Due Q1 2027 · 2%|188 units · 1 building

Alerts: Get notified of every new DLD-registered sale and rental contract.

Luminar Tower 3 is an under-construction apartment development by OBJ1 REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Triangle, Al Barsha South Fifth, comprising 188 registered units. 154 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,225 per sqft. At AED 1,225 per sqft, Luminar Tower 3 prices 26% below the Jumeirah Village Triangle average of AED 1,649 per sqft on registered sales.

PIX© price · 4.6% YoY
1.07MAED
Typical
1,225AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
154
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Luminar Tower 3

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
356 – 1,983 sqft
1881.07M1,2254.6%
Residential
Studio · Apartment
356 – 720 sqft
52
1 Bed · Apartment
701 – 1,359 sqft
88
2 Bed · Apartment
1,029 – 1,203 sqft
38
3 Bed · Apartment
1,522 – 1,983 sqft
6
Commercial
Shop
825 – 1,697 sqft
Showroom
825 – 1,697 sqft
4
No rental contracts registered — the project has not handed over.
Sales — Project-Wide154 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 150 sales
Floors 2-12 · 88 sales
Floors 13-20 · 62 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
17 Jun 2026StudioFloor 2553757,0101,368StandardOff-Plan Sale
27 Apr 20261 BedFloor 18847889,1401,050StandardOff-Plan Sale
9 Feb 20263 BedFloor 201,9832,741,4931,382StandardOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

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.

Common questions about Luminar Tower 3

Answered from Dubai Land Department registered transactions.

How much does a property in Luminar Tower 3 cost?

Property in Luminar Tower 3 sells at a current PIX© price of AED 1,225 per sqft, or about AED 1,069,426 for a typical unit, based on 154 sales registered with the Dubai Land Department.

When is Luminar Tower 3 handing over?

Luminar Tower 3 is under construction, due q1 2027, and is 2% complete against the Dubai Land Department's reported progress.

Who is the developer of Luminar Tower 3?

Luminar Tower 3 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 3?

Luminar Tower 3 holds 188 registered units, per the Dubai Land Department unit register.

Have prices in Luminar Tower 3 gone up or down?

Price per sqft has fallen -4.6% over the last 12 months, to AED 1,225, across 154 registered sales.