LUM1NAR Tower 2
Off-Plan

LUM1NAR Tower 2

From AED 1.10M·Handover Dec 2026·50% down payment Payment
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AED 1.10M
Starting Price
Dec 2026
Handover
50% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

LUM1NAR Tower 2 is the second tower of a residential complex by Object One Real Estate Development, located in the Jumeirah Village Triangle area. The complex unites three towers that share a cohesive architectural style and modern design. The second tower consists of a ground floor, five podium levels, nineteen residential floors, and a roof. The project features 1- and 2-bedroom apartments. Spacious layouts, panoramic glazing, and soft natural tones in the finishes create a bright and inviting atmosphere. Interiors are designed in a modern style with wood and glass elements, giving each residence elegance and functionality. LUM1NAR Tower 2 offers a variety of amenities designed for comfort and active living. Residents can enjoy a swimming pool with a terrace and sun loungers, a children’s pool, a gym, a yoga studio, a sauna, a clubhouse, a game room, a barbecue area, and an open-air lounge. Families benefit from a children’s playground and playroom, while the smart home system adds convenience and safety. Located in Jumeirah Village Triangle, the complex provides easy access to Dubai’s main districts. It is situated at the intersection of Sheikh Mohammed Bin Zayed Road and Al Khail Road, close to Jumeirah Island, Palm Jumeirah, and Palm Jebel Ali. Circle Mall, Dubai Hills Mall, and Mall of the Emirates are 15–17 minutes away, while Jumeirah Golf Estates and Montgomerie Golf Course are about 15 minutes away.

Project Specifications
DeveloperObject One Real Estate Development
LocationJumeirah Village Triangle (JVT)
Unit Types1 BR, 2 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 47,465 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,165
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 71,500 / 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 2 launch basis1,222AED 1.10MCurrent 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 2 — View 2
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LUM1NAR Tower 2 official render 1

LUM1NAR Tower 2 official render 1

LUM1NAR Tower 2 official render 2

LUM1NAR Tower 2 official render 2

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LUM1NAR Tower 2 official render 3

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LUM1NAR Tower 2 official render 4

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LUM1NAR Tower 2 official render 5

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LUM1NAR Tower 2 official render 6

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LUM1NAR Tower 2 official render 7

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LUM1NAR Tower 2 official render 9

LUM1NAR Tower 2 official render 9

LUM1NAR Tower 2 official render 10

LUM1NAR Tower 2 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Object One Real Estate Development.

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Payment Structure

50% down payment

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Floor Plans

LUM1NAR Tower 2 — 1 Bedroom Floor Plan

Amenities & Lifestyle

Accessibility for people with disabilities
BBQ
Children’s pool
Club house
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Leisure areas
Lobby
Prayer room
Recreational areas
Sauna
Shared Pool
Shared gym
Smart home
Social zone
Yoga studio

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 2 by Object One Real Estate Development

02

Located in Jumeirah Village Triangle (JVT)

03

Starting from AED 1,100,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Dec 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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