LUM1NAR Tower 1
Off-Plan

LUM1NAR Tower 1

From AED 1.09M·Handover Aug 2026·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 1.09M
Starting Price
Aug 2026
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
1 BR · Apartments
Type

Project Overview

LUM1NAR Tower 1 is the first tower of a residential complex by Object One Real Estate Development, located in Jumeirah Village Triangle. The project creates a distinctive living environment where modern architecture is combined with thoughtfully designed communal spaces and attention to detail. The tower includes a basement level, a ground level, four podium levels, twenty residential floors, and a rooftop. The architectural concept is defined by a combination of glass surfaces, soft lighting, and contrasting accents, creating an atmosphere of refined elegance. The development offers one-bedroom apartments, as well as layouts with additional space in a 1.5-bedroom format. Interiors are designed in a minimalist style, featuring natural textures, glass elements, and warm wood tones. Residents benefit from a wide range of amenities, including a swimming pool with a sun lounge area, a children’s pool, a fitness center, a yoga studio, a games room, a clubhouse, a sauna, BBQ areas with an outdoor kitchen, lounge spaces, and children’s play areas. A smart home system is also integrated into the residences, providing enhanced comfort and control. The location ensures convenient connectivity: 9 minutes to Dubai Miracle Garden, 15 minutes to Mall of the Emirates and Jumeirah Golf Estates, 17 minutes to Dubai Hills Mall, around 20 minutes to JBR, 22 minutes to Palm Jumeirah, and approximately 30 minutes to Dubai International Airport.

Project Specifications
DeveloperObject One Real Estate Development
LocationJumeirah Village Triangle (JVT)
Unit Types1 BR, Apartments
AreaJumeirah Village Triangle (JVT)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 47,034 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,064
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 70,850 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
LUM1NAR Tower 1 launch basis1,211AED 1.09MCurrent launch / asking basis
Jumeirah Village Triangle (JVT) ready-stock comps1,500AED 1.35MIndicative resale benchmark
Jumeirah Village Triangle (JVT) premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

LUM1NAR Tower 1 — View 2
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LUM1NAR Tower 1 official render 1

LUM1NAR Tower 1 official render 1

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LUM1NAR Tower 1 official render 3

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LUM1NAR Tower 1 official render 4

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LUM1NAR Tower 1 official render 5

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LUM1NAR Tower 1 official render 9

LUM1NAR Tower 1 official render 10

LUM1NAR Tower 1 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Object One Real Estate Development.

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Enter your details to access brochures, floor plans & payment schedules

Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Flexible Payment

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Floor Plans

LUM1NAR Tower 1 — 1 Bedroom Floor Plan

Amenities & Lifestyle

Accessibility for people with disabilities
Adults Pool
BBQ
Broadband Internet
Children’s pool
Club house
Covered Kids Play Area
Covered Parking
Covered gym
Dining outlets (coffee houses & restaurants)
Gaming Lounge
Indoor Yoga
Indoor cinema
Leisure areas
Lift
Lobby
Lounge
Open Kids Play Area
Outdoor Yoga
Pool Deck
Prayer room
Resting Areas
Retail outlets
Sitting Area
Smart home
Social zone

Location

Jumeirah Village Triangle (JVT)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Village Triangle (JVT)Jumeirah Village Triangle (JVT)Dubai, UAE

Developer Track Record

01

LUM1NAR Tower 1 by Object One Real Estate Development

02

Located in Jumeirah Village Triangle (JVT)

03

Starting from AED 1,090,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Aug 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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