Developer Deal
Special Discount: 10%
From
AED 990,660
Handover
Q3 2028
Payment Plan
70/30
Down Payment
10%
Back to Developer DealsDeveloperObject 1View developer profile
LUM1NAR Tower 1
DeveloperObject 1View developer profileDLD Waiver
—
Discount
—
Handover
Q4 2028
Post Handover
—
Payment Plan
60%
40%
10% down
About LUM1NAR Tower 1
Lum1nar Tower 1 at JVT is an exquisite residential development by Object 1 Development, offering premium choice of 1 & 1.5-bedroom apartments. Designed to epitomize luxury living, the 20-storey tower seamlessly blends timeless elegance with modern sophistication, offering residents a lifestyle beyond compares. This exclusive development redefines contemporary living, offering residents a harmo…
Project documents
Brochures
Not available yet
Floor plans
Not available yet
Master plans
Not available yet
Payment schedule
10/50/40 Payment Plan
- Deposit
- 10%
- During construction
- 50%
- On handover
- 40%
- Post-handover
- 0%
Market Intelligence
Completed transactions in Lum1nar Tower 1
Median sale price/sqft
AED 1,456/sqft
Median sale price
AED 941,662
Transaction activity
LiquidityLimited
7 sales and 0 rentals in the last 12 months
Primary vs resale
Primary 57.1%Resale 28.6%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-18 | Lum1nar Tower 1 | 1 | 995 sqft | AED 1,251,315 | 1,258 |
| 2024-12-17 | LUM1NAR Tower 1 | 1 | 578 sqft | AED 941,662 | 1,629 |
| 2024-12-13 | Lum1nar Tower 1 | 1 | 579 sqft | AED 728,081 | 1,257 |
| 2024-12-13 | LUM1NAR Tower 1 | 1 | 579 sqft | AED 728,081 | 1,257 |
| 2024-12-10 | Lum1nar Tower 1 | 1 | 577 sqft | AED 941,662 | 1,631 |
| 2024-05-07 | Lum1nar Tower 1 | — | 17,428 sqft | AED 25,372,480 | 1,456 |
Completed transactions in Jumeirah Village Triangle (JVT)
Median sale price/sqft
AED 1,393/sqft+11.5%
Median sale price
AED 900,000
Gross rental yield
7.2%
Median annual rent
AED 64,803
Median price/sqft over time
Dec 23Range AED 1,229 – AED 1,502Dec 24
Community activity
LiquidityStrongPrice momentumRising
3,187 sales and 2,943 rentals in the last 12 months
Off-plan vs ready
Off-plan 83.8%Ready 16.2%
Primary vs resale
Primary 83.8%Resale 16.2%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-13 | The Vyne Residences | 1 | 729 sqft | AED 1,058,510 | 1,452 |
| 2024-12-13 | Sonate Residences | Studio | 564 sqft | AED 800,141 | 1,419 |
| 2024-12-13 | Lum1nar Tower 1 | 1 | 579 sqft | AED 728,081 | 1,257 |
| 2024-12-13 | Sonate Residences | 1 | 901 sqft | AED 1,150,363 | 1,277 |
| 2024-12-13 | Lum1nar Tower 2 | 1 | 633 sqft | AED 1,068,409 | 1,688 |
| 2024-12-13 | Al Jawhara Tower | Studio | 586 sqft | AED 510,000 | 871 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for LUM1NAR Tower 1
Our team will send you the complete payment schedule, floor plans and current offer from Object 1.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about LUM1NAR Tower 1
- What is the handover date for LUM1NAR Tower 1?
- LUM1NAR Tower 1 is scheduled for handover in Q4 2028.
- What is the starting price of LUM1NAR Tower 1?
- Prices start from AED 497,000. Contact our team for current availability.
- Who is the developer of LUM1NAR Tower 1?
- LUM1NAR Tower 1 is being developed by Object 1.
- Where is LUM1NAR Tower 1 located?
- LUM1NAR Tower 1 is located in .