LUM1NAR Tower 3 — project image
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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 48,256 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,351
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 514,432 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

LUM1NAR Tower 3 — View 2
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Astraterra Properties

Official Documents

Download official marketing materials from Object One Real Estate Development.

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Payment Structure

50% down payment

Published payment summary

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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

LUM1NAR Tower 3 location map
Project location

Nearby Destinations

Jumeirah Village Triangle (JVT)

Developer and Project Facts

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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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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