LUM1NAR Tower 3
Off-Plan

LUM1NAR Tower 3

From AED 1.12M·Handover Jun 2027·50% down payment Payment
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AED 1.12M
Starting Price
Jun 2027
Handover
50% down payment
Payment Plan
Studio · 1 BR
Type

Project Overview

LUM1NAR Tower 3 is the third tower of a residential complex by Object One Real Estate Development, located in the Jumeirah Village Triangle area. The development unites three towers with a harmonious architectural rhythm and a contemporary design. Each tower comprises 25 floors, forming an integrated residential ensemble with a well-planned infrastructure. The third tower consists of a basement, a ground floor, five podium levels, twenty residential floors, and a roof. The tower features studios and 1-, 2-, and 3-bedroom apartments. Spacious layouts, panoramic glazing, and warm color palettes create an atmosphere of light and comfort. Interiors are designed in a minimalist style with wooden accents and soft lighting, shaping modern yet cozy living spaces. LUM1NAR Tower 3 offers a wide range of amenities that strike a balance between relaxation 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, an open-air lounge and an outdoor kitchen. For families, there is a children’s playroom and an outdoor playground, while tech-savvy residents can benefit from smart home systems and digital locks. The location in Jumeirah Village Triangle ensures quick access to Dubai’s key destinations: 9 minutes to Dubai Miracle Garden, 15 minutes to Mall of the Emirates and Circle Mall, 17 minutes to Dubai Hills Mall, and around 20 minutes to Palm Jumeirah and JBR.

Project Specifications
DeveloperObject One Real Estate Development
LocationJumeirah Village Triangle (JVT)
Unit TypesStudio, 1 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 48,256 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,351
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 72,692 / 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 3 launch basis1,243AED 1.12MCurrent 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 3 — View 2
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LUM1NAR Tower 3 official render 1

LUM1NAR Tower 3 official render 1

LUM1NAR Tower 3 official render 2

LUM1NAR Tower 3 official render 2

LUM1NAR Tower 3 official render 3

LUM1NAR Tower 3 official render 3

LUM1NAR Tower 3 official render 4

LUM1NAR Tower 3 official render 4

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LUM1NAR Tower 3 official render 5

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LUM1NAR Tower 3 official render 6

LUM1NAR Tower 3 official render 7

LUM1NAR Tower 3 official render 7

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LUM1NAR Tower 3 official render 9

LUM1NAR Tower 3 official render 9

LUM1NAR Tower 3 official render 10

LUM1NAR Tower 3 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

Flexible Payment

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Floor Plans

LUM1NAR Tower 3 — 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
Lift
Lobby
Prayer room
Recreational areas
Sauna
Shared Pool
Shared gym
Shared gym & fitness
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 3 by Object One Real Estate Development

02

Located in Jumeirah Village Triangle (JVT)

03

Starting from AED 1,118,331

04

Unit mix includes Studio, 1 BR, Apartments

05

Expected handover: Jun 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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