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OBJ1 REAL ESTATE DEVELOPMENT L.L.C

Lum1nar Tower 3

Under Construction · Date not reported|188 units · 1 tower
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Lum1nar Tower 3 is an under-construction development by OBJ1 REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Triangle, comprising 188 registered units. 159 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,336 per sqft. At AED 1,336 per sqft, Lum1nar Tower 3 prices 13% below the Jumeirah Village Triangle median of AED 1,544 per sqft on registered sales.

PIX© price · ↓5.4% YoY
1.13MAED
Typical
1,336AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
159
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 unknown
…

Land, Lum1nar Tower 3

Size
Record
Dec 2015 to Apr 2024
Owners
2
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
2Owner 226 Apr 20242.5 yrs
Current owner
1Owner 129 Dec 20158.3 yrs
PIX© Airbnb Calculator

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Land · Lum1nar Tower 3
Occupancy (237 nights)
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Lum1nar 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
1881.13M1,336↓5.4%
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
4-
No rental contracts registered - the project has not handed over.
Sales - Project-Wide159 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
6 Oct 20261 BedLum1nar Tower 3 · Floor 97711,084,9711,407-StandardOff-Plan Sale
24 Sep 20262 BedLum1nar Tower 3 · Floor 41,0751,353,9231,259-StandardOff-Plan Sale
24 Sep 20262 BedLum1nar Tower 3 · Floor 101,1141,431,5651,285-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 3

Answered from Dubai Land Department registered transactions.

How much does a property in Lum1nar Tower 3 cost?

Property in Lum1nar Tower 3 sells at a current PIX© price of AED 1,336 per sqft, or about AED 1,125,804 for a typical unit, based on 159 sales registered with the Dubai Land Department.

When is Lum1nar Tower 3 handing over?

Lum1nar Tower 3 is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of Lum1nar Tower 3?

Lum1nar 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 Lum1nar Tower 3?

Lum1nar Tower 3 holds 188 registered units, per the Dubai Land Department unit register.

Have prices in Lum1nar Tower 3 gone up or down?

Price per sqft has fallen -5.4% over the last 12 months, to AED 1,336, across 159 registered sales.