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Project profile

Luminar Tower 1 Project · Jumeirah Village Triangle · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Obj1 Real Estate Development

Data to 4 November 2026

Registered sales
21
Last 12 months
Median off-plan price
AED 1,472
Per sq ft
Construction progress
33.1%
DLD end date Oct 2026

Dubai Land Department lists the project as under construction, 33.1% complete, with a DLD end date of 15 October 2026. In the last 12 months, Dubai Land Department registered 21 sales in Luminar Tower 1, worth AED 21.5M in total. The median off-plan price was 1,472 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress33.1%

Under construction

Start
15 August 2024
DLD end date
15 October 2026
Units
200
Buildings
1

DLD progress 33.1% (register read on 1 November 2026); the registered period (15 August 2024 to 15 October 2026) has ended, and the time since its start is 103% of it. How this is worked out

Launch and latest registrations.

Launch price
AED 1,525
First 90 days from Oct 2024, 88 home sales
Last 12 months
AED 1,472
21 home sales
Change
-3.5%
Same home types, AED/sqft

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Luminar Tower 1 registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Off-plan (registered sales)
Oct 2024 1,525 AED/sqft 50 sales
Nov 2024 1,541 AED/sqft 30 sales
Dec 2024 1,291 AED/sqft 8 sales
Jan 2025 — 1 sale
Feb 2025 1,543 AED/sqft 9 sales
Mar 2025 — 2 sales
Apr 2025 1,763 AED/sqft 7 sales
May 2025 1,474 AED/sqft 8 sales
Jun 2025 —
Jul 2025 — 4 sales
Aug 2025 1,527 AED/sqft 13 sales
Sep 2025 1,502 AED/sqft 5 sales
Oct 2025 1,662 AED/sqft 7 sales
Nov 2025 — 2 sales
Dec 2025 — 3 sales
Jan 2026 — 4 sales
Feb 2026 — 4 sales
Mar 2026 — 1 sale
Apr 2026 — 3 sales
May 2026 — 1 sale
Jun 2026 — 1 sale
Jul 2026 — 2 sales
Aug 2026 —
Sep 2026 — 1 sale

What does each home type sell and rent for in Luminar Tower 1?

  • Apartment · 1 bed

    Median price, all sales
    AED 1M
    AED/sqft
    1,472
    Sales
    21

Last 12 months. Prices are medians of at least 5 registered sales, ready and off-plan together.

Service charges.

In the area report.

The Jumeirah Village Triangle area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Jumeirah Village Triangle area report

The latest registered sales in Luminar Tower 1.

  • 8 Sep 2026

    Apartment1 bedOff-plan577 sqft

    AED 884,1621,532 AED/sqft

  • 29 Jul 2026

    Apartment1 bedOff-plan712 sqft

    AED 1,083,8591,522 AED/sqft

  • 3 Jul 2026

    Apartment1 bedOff-plan995 sqft

    AED 1,491,9921,499 AED/sqft

  • 8 Jun 2026

    Apartment1 bedOff-plan995 sqft

    AED 1,389,1101,396 AED/sqft

  • 13 May 2026

    Apartment1 bedOff-plan995 sqft

    AED 1,466,4571,474 AED/sqft

  • 29 Apr 2026

    Apartment1 bedOff-plan995 sqft

    AED 1,044,0891,049 AED/sqft

  • 20 Apr 2026

    Apartment1 bedOff-plan757 sqft

    AED 1,114,1591,472 AED/sqft

  • 20 Apr 2026

    Apartment1 bedOff-plan757 sqft

    AED 1,114,1591,472 AED/sqft

  • 5 Mar 2026

    Apartment1 bedOff-plan575 sqft

    AED 1,028,4181,789 AED/sqft

  • 18 Feb 2026

    Apartment1 bedOff-plan757 sqft

    AED 936,6591,237 AED/sqft

Questions about Luminar Tower 1

What is the price per sq ft in Luminar Tower 1?

In the 12 months to 4 November 2026, the median registered off-plan sale price was 1,472 AED/sqft.

How many homes were sold in Luminar Tower 1 in the last 12 months?

In the last 12 months, Dubai Land Department registered 21 sales in Luminar Tower 1, worth AED 21.5M in total. The median off-plan price was 1,472 AED/sqft. Registered sales to 4 November 2026.

When is Luminar Tower 1 due to be completed?

Dubai Land Department lists the project as under construction, 33.1% complete, with a DLD end date of 15 October 2026. An end date is the date in the DLD register, not a handover forecast.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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