Developer: Object 1 Development · Jumeirah Village Triangle

Luminar Tower 1

Luminar Tower 1 is a residential project by Object 1 Development in Jumeirah Village Triangle, Dubai, with handover Q4 2026, construction 33.1% complete per the DLD registry, 200 units, 173 DLD-registered sales since 2015.

HandoverQ4 2026Developer supplied
Construction33.1%DLD registry · checked 30 Jul 2026
Units200DLD registry
DLD sales173 since 2015DLD registry
Median sale priceAED 16 504/m²Our calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Layouts and sizes

TypeUnitsTypical size, sq.ft
1 Bedroom196575–995
Other units4810–1 438

Size range excludes the smallest and largest 5% of units of each type.

All units are freehold. Data from the DLD registry.

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Estimate your payment and purchase costs for your budget.

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Handover date & construction progress

33.07%
  • Construction started2024-08-15
  • HandoverQ4 2026
  • Status date30.07.2026
  • Progress between DLD inspections+9.86% (2026-04-28 → 2026-07-30)
  • Escrow bankADIB
  • DLD project number3183

Data from the Dubai Land Department project registry (updated 01.10.2026 09:55).

Construction progress 57
30 July 2026 33.07%
Luminar Tower 1, Jumeirah Village Triangle construction progress — 30 July 2026, 33.07% complete, photo 1 of 5Luminar Tower 1, Jumeirah Village Triangle construction progress — 30 July 2026, 33.07% complete, photo 2 of 5Luminar Tower 1, Jumeirah Village Triangle construction progress — 30 July 2026, 33.07% complete, photo 3 of 5Luminar Tower 1, Jumeirah Village Triangle construction progress — 30 July 2026, 33.07% complete, photo 4 of 5Luminar Tower 1, Jumeirah Village Triangle construction progress — 30 July 2026, 33.07% complete, photo 5 of 5

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
08.09.20261 BR53.6884 162
29.07.20261 BR66.11 083 859
03.07.20261 BR92.41 491 992
08.06.20261 BR92.41 389 110
13.05.20261 BR92.41 466 457
29.04.20261 BR92.41 044 089
20.04.20261 BR70.31 114 159
20.04.20261 BR70.31 114 159
05.03.20261 BR53.41 028 418
18.02.20261 BR53.7827 860
18.02.20261 BR53.4821 730
18.02.20261 BR70.3936 659
11.02.20261 BR53.6822 029
29.01.20261 BR53.6927 847
20.01.20261 BR53.4865 000
14.01.20261 BR53.6606 470
14.01.20261 BR92.41 044 089
13.01.202652.11 151 607
23.12.20251 BR65.91 097 461
22.12.20251 BR53.8740 760

Dubai Land Department transaction registry, updated 2026-09-30. Explore Dubai property transactions →

Registered transactions in Luminar Tower 1

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

173deals since 2015
16 504AED per m², median
1%resale, the rest bought from the developer
-1%over the past year

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +2% over the same period, so the building lagged.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
1 bedroom54901 81416 700166

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2024 to 2026 — -4% on the price per square metre in this building. The district moved +18% over the same period, so the building lagged the market.

16 4672024——
16 7552025——
15 8462026*——

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

How much is your property in Luminar Tower 1 worth?

DLD has recorded 173 sales in this building since 2015, 2 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

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Amenities

  • Swimming Pool
  • Kids Swimming Pool
  • Lobby
  • 24/7 Concierge Service
  • Kids Play Room
  • Outdoor Kids Play Area
  • Gym
  • Gaming Room
  • Outdoor BBQ & Kitchen
  • Sauna
  • Outdoor Yoga Lounge
  • Clubhouse
  • Prayer Rooms
  • Outdoor Dining
  • Outdoor Lounge
  • Pool Deck with Sun Loungers
  • Male Changing Room
  • Female Changing Room
  • Disabled Parking
  • Smart Home System
  • Smart Lock
  • Home Automation Controls
  • Daikin Air Conditioning System
  • Daikin Ventilation System

About the project

Luminar Tower 1 is a 200-unit residential building with retail at ground floor in Jumeirah Village Triangle. It is being developed by Object 1 Development. The project is active, with construction recorded at 33.07% completion on 30 July 2026 and a completion date of 15 October 2026.

The project and building configuration

Luminar Tower 1 is planned as one residential building. Its configuration comprises an underground water tank level, ground floor, five podium levels, 20 residential floors and a roof level. Retail is included on the ground floor, while the upper levels form the residential component of the scheme. The building is designed with a concrete structure and blockwork, together with internal and external finishes. The project contains 200 units in total and has a recorded total area of 12163.92. The single-building format places all residences and ground-floor retail within one development rather than across multiple towers.

Construction status and programme

The project began on 15 August 2024 and is recorded as active. Its completion ratio was 33.07% at the inspection dated 30 July 2026. The scheduled completion date is 15 October 2026. Luminar Tower 1 carries project number 3183. The construction programme identifies one building and 200 units, matching the project’s planned residential scale. The active status and recorded completion ratio provide the current construction position for buyers reviewing the project’s delivery timeline.

A 200-unit residential scheme

Luminar Tower 1 has 200 units across its residential building. The layout combines a ground-floor retail component with five podium levels and 20 residential floors above. The roof forms the top level of the building configuration, with the underground water tank located below ground. This arrangement places the retail provision at street level and the residential accommodation within the tower structure. The project is located in Jumeirah Village Triangle, where apartment development is occurring on the outer edges of a community otherwise dominated by villas and townhouses.

Jumeirah Village Triangle setting

Jumeirah Village Triangle is a residential community in southern-central Dubai, located along Sheikh Zayed Road and adjoining Al Khail Road. The neighbourhood is organised within a geometric street pattern known as the Triangle. Its built environment is principally low-density, with villas and townhouses on garden plots, while apartment buildings are found on the community’s periphery. Parks and landscaped public spaces are integrated into the area. Luminar Tower 1 adds a residential tower and ground-floor retail format to this broader community setting. JVT forms part of Dubai’s suburban ring and is positioned between major urban corridors.

Road access and Dubai destinations

Sheikh Zayed Road and Al Khail Road are the principal road connections for Jumeirah Village Triangle. Dubai Marina is 6.2 km from the community, JBR Beach is 6.7 km away, Palm Jumeirah is 8.9 km away and Mall of the Emirates is 8.0 km away. Expo City Dubai is 10.5 km from JVT, while Global Village is 12.1 km away. Downtown Dubai is 18.8 km away, Dubai Mall is 19.0 km away and DIFC is 20.6 km away. Dubai International Airport is 29.0 km away, and Al Maktoum International Airport is 17.0 km away. Travel times depend on traffic conditions and the selected route.

Local services and neighbouring communities

Parks and landscaped public spaces are a feature of Jumeirah Village Triangle. Residents use amenities and services in neighbouring communities including Motor City, The Springs and The Meadows. Arcadia British School and Sunmarke School are nearby schools. Retail provision within JVT has historically been limited, while larger retail and service destinations are accessed in adjacent communities and along Sheikh Zayed Road. The community’s location also provides road access towards Dubai Marina, Palm Jumeirah, Dubai Mall and other shopping, dining and business districts. A proposed cycle route of 13 km around JVT has been included in announcements concerning linked cycle routes across Nakheel communities.

Transport context

Jumeirah Village Triangle is designed primarily around car travel. The nearest Dubai Metro Red Line reference point is R73, at a distance of 4,198 metres from the community. The road network is centred on Sheikh Zayed Road and Al Khail Road, which connect JVT with central and coastal districts. The community’s residential fabric consists mainly of villas and townhouses, with gardens and open green areas forming part of its layout. Apartment development is present on the outer edges, where Luminar Tower 1 is positioned within the evolving mix of residential building types.

Frequent questions

Who is the developer of Luminar Tower 1?
Luminar Tower 1 is developed by Object 1 Development.
Where is Luminar Tower 1 located?
The project is located in Jumeirah Village Triangle, Dubai.
What is the current completion status of Luminar Tower 1?
The project is active and was recorded at 33.07% completion on 30 July 2026.
When is Luminar Tower 1 scheduled for completion?
The scheduled completion date is 15 October 2026.
How many units are planned at Luminar Tower 1?
Luminar Tower 1 contains 200 units in one residential building.
What is the building layout of Luminar Tower 1?
The building comprises an underground water tank level, ground floor, five podium levels, 20 residential floors and a roof level. Retail is planned at ground floor.
What is near Luminar Tower 1?
Jumeirah Village Triangle is 6.2 km from Dubai Marina, 6.7 km from JBR Beach and 8.9 km from Palm Jumeirah.
How far is the nearest metro reference point from Jumeirah Village Triangle?
The nearest Red Line reference point is R73, 4,198 metres from the community.
How can I buy an apartment in Luminar Tower 1?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:Luminar Tower 1 — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-01, https://continentalclub.ae/project/luminar-tower-1-jumeirah-village-triangle/