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OBJ1 REAL ESTATE DEVELOPMENT L.L.C

Lum1nar Tower 1

Under Construction · Date not reported|200 units · 1 tower
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Lum1nar Tower 1 is an under-construction development by OBJ1 REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Triangle, comprising 200 registered units. 171 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,502 per sqft. At AED 1,502 per sqft, Lum1nar Tower 1 prices 2% below the Jumeirah Village Triangle median of AED 1,533 per sqft on registered sales.

PIX© price · ↓4.0% YoY
1.09MAED
Typical
1,502AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
171
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 2
…

1 Bed on Floor 2, Lum1nar Tower 1

Size
Record
Oct 2024 to Jan 2026
Owners
2
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
2Owner 220 Jan 20268 mo
Current owner
1Owner 110 Oct 202415 mo
PIX© Airbnb Calculator

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1 Bed · Floor 2 · Lum1nar Tower 1
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Lum1nar Tower 1

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
575 - 1,438 sqft
2001.09M1,502↓4.0%
Residential
1 Bed · Apartment
575 - 1,267 sqft
196
Commercial
Shop
810 - 1,438 sqft
4-
No rental contracts registered - the project has not handed over.
Sales - Project-Wide171 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
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
8 Sep 20261 BedLum1nar Tower 1 · Floor 12577884,1621,532-PremiumOff-Plan Sale
29 Jul 20261 BedLum1nar Tower 1 · Floor 17121,083,8591,522-PremiumOff-Plan Sale
3 Jul 20261 BedLum1nar Tower 1 · Floor 209951,491,9921,499-StandardOff-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 Lum1nar Tower 1

Answered from Dubai Land Department registered transactions.

How much does a property in Lum1nar Tower 1 cost?

Property in Lum1nar Tower 1 sells at a current PIX© price of AED 1,502 per sqft, or about AED 1,091,018 for a typical unit, based on 171 sales registered with the Dubai Land Department.

When is Lum1nar Tower 1 handing over?

Lum1nar Tower 1 is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Lum1nar Tower 1?

Lum1nar 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 Lum1nar Tower 1?

Lum1nar Tower 1 holds 200 registered units, per the Dubai Land Department unit register.

Have prices in Lum1nar Tower 1 gone up or down?

Price per sqft has fallen -4.0% over the last 12 months, to AED 1,502, across 171 registered sales.