
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.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| LUM1NAR Tower 3 launch basis | 1,243 | AED 1.12M | Current launch / asking basis |
| Jumeirah Village Triangle (JVT) ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Jumeirah Village Triangle (JVT) premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |





















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Astraterra Properties
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Jumeirah Village Triangle (JVT)
LUM1NAR Tower 3 by Object One Real Estate Development
Located in Jumeirah Village Triangle (JVT)
Starting from AED 1,118,331
Unit mix includes Studio, 1 BR, Apartments
Expected handover: Jun 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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