Luminar Tower 3: off-plan project in Jumeirah Village Triangle
Luminar Tower 3 is an off-plan residential apartment project in Jumeirah Village Triangle, registered with the Dubai Land Department as project no. 3443 and developed by Obj1 Real Estate Development L.L.C. From October 16, 2025 to October 16, 2026, 29 off-plan sales were registered there at a median price of AED 1,108,049 (AED 1,342 per sq ft); 80% of sales fall between AED 731,736 and AED 2,093,665.
- 29off-plan sales in 12 months
- AED 1,108,049median sale price
- AED 1,342median price per sq ft
- 2%construction progress (DLD)
- March 2027end date in the register
- 188registered units
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.
What the figures say
- Positioning: at AED 1,342 per sq ft, Luminar Tower 3 is 21.7% below the median of off-plan sales across the 26 projects tracked in Jumeirah Village Triangle (AED 1,715 per sq ft), and 24.1% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
- Sales pace: 29 off-plan sales in 12 months, about 2 a month; number 24 by sales in Jumeirah Village Triangle over the period.
- Construction: 2% complete in the DLD register, construction is at an early stage; planned end March 2027.
- Profile: the best-selling type (apartment · 1 bedroom) makes up 41.4% of sales, alongside 3 other types.
Luminar Tower 3: official project sheet
Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.
| Item | DLD register |
|---|---|
| DLD project number | 3443 |
| Registered developer | Obj1 Real Estate Development L.L.C (developer no. 1894) |
| Master developer | Nakheel.(p J S C) |
| Community (master project) | Jumeirah Village Triangle |
| DLD area | Al Barsha South Fifth |
| Register status | active |
| Construction progress | 2% |
| Project start | January 22, 2025 |
| Planned end | March 30, 2027 |
| Registered units | 188 units |
| Buildings | 1 |
| Escrow account | escrow agent registered with the DLD for this project |
Source: Dubai Land Department project register (open data), as of 15/06/2026.
Luminar Tower 3 off-plan prices by unit type
Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: apartment · studio, at a median AED 727,454.
| Unit type | Sales | Median price | Range (AED) | Median size | Price / sq ft |
|---|---|---|---|---|---|
| Apartment · Studio | 6 | AED 727,454 | 617,915 – 753,718 | 51 m² (549 sq ft) | AED 1,362 |
| Apartment · 1 bedroom | 12 | AED 873,890 | 747,579 – 1,161,385 | 75 m² (807 sq ft) | AED 1,050 |
| Apartment · 2 bedrooms | 7 | AED 1,431,565 | 1,353,923 – 1,559,365 | 100 m² (1,076 sq ft) | AED 1,357 |
| Apartment · 3 bedrooms | 4 | AED 2,434,508 | — | 171 m² (1,841 sq ft) | AED 1,341 |
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.
Sales by unit type
Apartment · 1 bedroom: 41.4% of off-plan sales, with a median size of 75 m² (66 to 80 m² for 80% of them).
- Apartment · 1 bedroom: 41.4% (12 sales)
- Apartment · 2 bedrooms: 24.1% (7 sales)
- Apartment · Studio: 20.7% (6 sales)
- Apartment · 3 bedrooms: 13.8% (4 sales)
Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.
Luminar Tower 3 off-plan price by quarter
The median off-plan price per sq ft moved from AED 1,358 in Q1 2025 to AED 1,216 in Q1 2026 (-10.4%). Quarter-to-quarter changes also reflect the mix of units sold.
| Quarter | Off-plan sales | Median / sq ft | Change |
|---|---|---|---|
| Q1 2025 | 31 | AED 1,358 | — |
| Q2 2025 | 43 | AED 1,171 | -13.8% |
| Q3 2025 | 44 | AED 1,393 | +19% |
| Q4 2025 | 25 | AED 1,381 | -0.9% |
| Q1 2026 | 6 | AED 1,216 | -11.9% |
| Q3 2026 | 4 | AED 1,319 | — |
Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.
Rents in Jumeirah Village Triangle
To gauge the rental market around Luminar Tower 3: annual rents of Ejari contracts registered in Jumeirah Village Triangle over the last 12 months (3,375 contracts).
| Unit type | Contracts | Median annual rent | Middle 50% range |
|---|---|---|---|
| Apartment · Studio | 1,043 | AED 45,000 | 40,000 – 51,939 |
| Apartment · 1 bedroom | 1,313 | AED 69,477 | 60,000 – 80,000 |
| Apartment · 2 bedrooms | 460 | AED 84,750 | 75,581 – 105,000 |
| Apartment · 3 bedrooms | 50 | AED 164,000 | 122,875 – 187,500 |
| Villa / townhouse · 1 bedroom | 170 | AED 125,000 | 110,000 – 135,000 |
| Villa / townhouse · 2 bedrooms | 281 | AED 194,000 | 170,000 – 220,000 |
| Villa / townhouse · 3 bedrooms | 29 | AED 210,000 | 185,000 – 220,000 |
| Villa / townhouse · 4 bedrooms | 19 | AED 230,000 | 200,000 – 270,000 |
| Villa / townhouse · 5+ bedrooms | 10 | AED 275,000 | 245,625 – 342,827 |
To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.
Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.
Where is Luminar Tower 3?
Luminar Tower 3 is in Jumeirah Village Triangle (DLD area Al Barsha South Fifth), Dubai.
- Nearest metro station: Jumeirah Lakes Towers
- Nearest shopping mall: Marina Mall
- Nearest landmark: Sports City Swimming Academy
Source: Dubai Land Department, reference points attached to registered sales.
Further reading
- All off-plan projects in Jumeirah Village Triangle
- All DLD sales at Luminar Tower 3 (new and resale)
- Jumeirah Village Triangle property prices
- Jumeirah Village Triangle rents
- All Obj1 Real Estate Development L.L.C projects
Other off-plan projects in Jumeirah Village Triangle
- Binghatti Flare 02 — AED 1,724/sq ft
- Binghatti Flare 01 — AED 1,630/sq ft
- Sol Levante — AED 1,753/sq ft
- Voxa Residences — AED 1,953/sq ft
- Interstellar Tower — AED 1,715/sq ft
- ELARIS Sky — AED 1,622/sq ft
- Sky Gate Tower — AED 1,581/sq ft
- Binghatti Luxuria — AED 1,952/sq ft
More projects by Obj1 Real Estate Development L.L.C
Same budget elsewhere in Dubai (around AED 1,108,049)
- Ember at Park FIVE, International Media Production Zone — AED 1,101,872
- Barari Parks By Bahat, Majan — AED 1,108,175
- Livia Residence, Dubai South Residential District — AED 1,101,555
- The Corner, Dubai Land Residence Complex — AED 1,110,954
- The Eighty Three, Dubai South Residential District — AED 1,100,000
- J-Haus Residences, Jumeirah Village Circle — AED 1,111,773
Projects presented by Cevitas
Frequently asked questions
How much does a home at Luminar Tower 3 cost?
Over the last 12 months, the 29 off-plan sales registered with the DLD show a median price of AED 1,108,049, or AED 1,342 per sq ft; 80% fall between AED 731,736 and AED 2,093,665. The developer's current prices are on its price list.
When will Luminar Tower 3 be completed?
In the DLD project register (as of 15/06/2026), the project is "active", 2% complete, with a planned end date of March 30, 2027. The handover date is confirmed by the developer.
Who is the developer of Luminar Tower 3?
The DLD register lists Obj1 Real Estate Development L.L.C (developer no. 1894), in a community developed by Nakheel.(p J S C).
What unit types are sold at Luminar Tower 3?
Off-plan sales over the last 12 months cover: apartment · 1 bedroom (12), apartment · 2 bedrooms (7), apartment · studio (6), apartment · 3 bedrooms (4). Best-selling type: apartment · 1 bedroom, at a median AED 873,890 for 75 m².
Has the price per sq ft at Luminar Tower 3 changed?
The median off-plan price moved from AED 1,358 per sq ft in Q1 2025 to AED 1,216 in Q1 2026, based on DLD-registered sales.
How do I get the Luminar Tower 3 price list and payment plan?
Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.
Sources and method
Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).
Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.
Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.