Luminar Tower 1

Object 1 · Jumeirah Village Triangle · 200 homes · Under construction

A Object 1 project under construction in Jumeirah Village Triangle: 200 homes, 33% built, with completion promised for Q4 2026 on the register. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 1,525 per sqft, level with the launch quarter.

Updated 27 Oct 2026
Due Q4 202633% built, as reported to the register
200 homes1 bedroom
Jumeirah Village TriangleDubai Land Department project 3183

Prices. Quarter by quarter since launch.

Launch quarter, Q4 2024AED 1,527/sqft
Median paid, Q4 2025AED 1,627/sqft
Sales, Jul 2025 to Jun 202648
Median paidLatest quarterLaunch quarter AED 1,527
1,5001,5501,600Q4 24: AED 1,527/sqft, 88 salesQ1 25: AED 1,545/sqft, 12 salesQ2 25: AED 1,541/sqft, 15 salesQ3 25: AED 1,547/sqft, 22 salesQ4 25: AED 1,627/sqft, 12 salesQ4 24Q1 25Q2 25Q3 25Q4 25
Every quarter as a table
QuarterMedian AED/sqftSales
Q4 20241,52788
Q1 20251,54512
Q2 20251,54115
Q3 20251,54722
Q4 20251,62712

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs today. Launch to today.

At launchTodayHandoverQ4 202633% builtunder constructionPrice / sqftAED 1,527AED 1,525level with launch, off-plan median
Against the area. Median paid.
Luminar Tower 11,525

6% under the Jumeirah Village Triangle median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will Luminar Tower 1 be completed?

The register declares completion for Q4 2026, and the project is reported 33% built.

What do homes in Luminar Tower 1 sell for?

From Jul 2025 to Jun 2026, 48 homes sold on the register at a median of AED 1,525 per sqft and AED 932K per home. By unit type: 1 BR AED 932K (48 sales). These are registered deeds, not the developer's price list.

Who built Luminar Tower 1?

Object 1. The project is registered to Object 1 on the Dubai Land Department register, which lists 29 projects for the developer in Dubai, 27 of them under construction.

How many homes are in Luminar Tower 1?

200, as counted on the Dubai Land Department register. The declared mix: 196 1 BR.

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