About Luminar Tower 1
Luminar Tower 1 is a residential and retail tower by Object One, in Jumeirah Village Triangle, Dubai. It rises 26 storeys (a ground floor, 5 podium levels, 20 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 200 homes.
Key information
Developer
Object One
- Expected handover
- Q3 2026
- Status
- Under construction
- Location
- Jumeirah Village Triangle, Dubai
- Master project
- Jumeirah Village Triangle
- Construction started
- 2024
- Number of buildings
- 1
- Number of units
- 200
- Registered with DLD
- 26 Sept 2024
- Escrow bank
- Abu Dhabi Islamic Bank
- Escrow account no.
- 19304584
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Under construction33% complete
- Expected handoverQ3 2026
Construction progress
31 inspection photos from the Dubai Land Department. Latest 30 Jul 2026 at 33% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
4 Elevators
26 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
173
Median price
AED 907K
Median price / sqft
AED 2K+7%
Off-plan share
99%
Priced 16% above than the Al Barsha South Fifth median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 166 | 632 sqft | AED 943K | AED 2K |
Price per sqft by year
+7% since 2015AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 08 Sept 2026 | Off-plan | 577 sqft | AED 884K | AED 2K |
| 29 Jul 2026 | Off-plan | 712 sqft | AED 1.1M | AED 2K |
| 03 Jul 2026 | Off-plan | 995 sqft | AED 1.5M | AED 1K |
| 08 Jun 2026 | Off-plan | 995 sqft | AED 1.4M | AED 1K |
| 13 May 2026 | Off-plan | 995 sqft | AED 1.5M | AED 1K |
| 29 Apr 2026 | Off-plan | 995 sqft | AED 1.0M | AED 1K |
| 20 Apr 2026 | Off-plan | 757 sqft | AED 1.1M | AED 1K |
| 20 Apr 2026 | Off-plan | 757 sqft | AED 1.1M | AED 1K |
Unit mix
200 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 4 | - |
| 1 B/R | 196 | 575 - 1,267 sqft |
Payment plan
Payment plans are set by Object One and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Jumeirah Village Triangle, Dubai.
Jumeirah Village Triangle
Dubai, United Arab Emirates
Frequently asked questions
Luminar Tower 1 has a planned handover of Q3 2026, and the latest DLD inspection puts construction at 33% complete.
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