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LUM1NAR Tower 1

Pre Launch Announcement LUM1NAR Tower 1!

Welcome to LUM1NAR Tower 1 where every corner is infused with an enchanting ambiance, inviting you into a world of timeless elegance and modern allure.

Matte glass panels, softly lit from within, welcome you with a shimmering embrace blending the warmth of wood with the bold sophistication of dark accents.

LUM1NAR is a modern residential development located in the sought-after Jumeirah Village Triangle (JVT) in Dubai. Property for sale at Luminar offers 196 one-bedroom apartments, with sizes ranging from 54 to 92 m². The starting price for the apartments is 765 888 AED (208 500 $). Designed to cater to various lifestyle needs, the LUM1NAR apartments stand out with its range of modern amenities including a swimming pool, kids' pool, gym, sauna, clubhouse, BBQ area, and more, providing a comprehensive living solution for its residents. The anticipated handover date of property at Object1 Luminar is Q3 2026.

LOCATION

Property at Jumeirah Village Triangle is renowned for its central location and community-oriented lifestyle. It's strategically placed between Sheikh Mohammed Bin Zayed Road and Al Khail Road, making it highly accessible to major business, retail, and entertainment areas in Dubai. The community itself offers lush landscapes and a variety of amenities such as parks, sports facilities, and walking paths which foster a vibrant outdoor lifestyle.

Jumeirah Village Triangle (JVT) is a sustainable gated green freehold development offering a serene atmosphere. This peaceful suburban community is considered as one of the top family-friendly neighbourhoods in Dubai is situated on the northern side of Dubai.

The neighborhood is an ideal choice for property investors eyeing lucrative returns as well as residents seeking a tranquil living experience. This community is preferred mostly by families and individuals who are seeking a premium and exceptional lifestyle that renders ultimate satisfaction to your heart and mind.

Jumeirah Village Triangle (JVT) located at the junction of Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44), conveniently located near the coastal areas to Jumeirah Island, Palm Jumeirah, and Palm Jebel Ali. It Offers easy access to central locations within the emirate.

JVT is surrounded by other emerging neighborhoods like Jumeirah Village Circle, Motor City, Sports City,etc. and is just a few minutes away from JLT, Emirates Hills,  Dubai Marina and JBR. It is 30 minutes from the Dubai International Airport and 15 minutes to the beach.

PROJECT POSITIVES

The development's architectural design blends modern aesthetics with functional living spaces, featuring interiors that are thoughtfully designed to maximize comfort and usability. Kitchens at Object1 LUM1NAR apartments are equipped with the latest appliances and finishings, reflecting contemporary trends in interior design.

UNIT TYPES 158

1 bedroom 38

1.5 bedroom TOTAL 196

Pre-launch Special Offer Only

2 year Post Handover Payment Plan

Anticipated Handover: Q3 2026

Living in JVT is made even more appealing with the presence of reputable nurseries and schools such as Jumeirah International Nursery and Kids Kingdom Nursery School for young children, as well as Sunmarke School and Arcadia School for those seeking primary education.

The community members can also head to the shopping and entertainment hub City Centre Me’aisem in the neighbouring community of Dubai Production City for premium dining, retail and leisure options.

The location of the area allows its residents to reach a few of the best hospitals in the city in a matter of minutes. And of course JVT residents can anticipate the upcoming launch of Al Khail Avenue, a highly anticipated shopping center featuring popular brands, supermarkets, movie theaters, restaurants, hotels, and more.

AMENITIES:

Residents of LUM1NAR Towers enjoy access to a wide range of amenities that cater to both relaxation and active lifestyles:

- Balcony and Barbecue Area;

- Children’s Play Area and Shared Gym;

- Shared Pool and Restaurant;

- A fully equipped gym;

- Jogging tracks;

- The clubhouse;

- BBQ area;

- Round-the-clock CCTV surveillance;

- Ample parking space;

- Easy access to major roads;

- Retail outlets;

- Lobby;

- Swimming pool;

- Outdoor yoga lounge;

- Smart Lock: Change the way you access your home forever, by unlocking your door with a smartphone or smartwatch. Take advantage of keyless access permissions for your family members, friends, and other services. Stay in control of your property with three tiers of virtual keys and rely on the smart lock’s history feature to monitor who enters and leaves.

- Smart Home: Control light levels, play music, set the temperature or control your home security with radiant Home automation solutions.

INVESTMENT POTENTIAL:

Attractive Return on Investment (ROI)

Investors can anticipate an average ROI between 4% and 7% for properties within Jumeirah Village Triangle, with LUM1NAR Tower 1 leading the charge. Specifically, one-bedroom apartments at LUM1NAR Tower 1 are projected to offer returns of 6.60%, while studio apartments present an even more impressive ROI of 7.66%.

FLEXIBLE PAYMENT PLANS

LUM1NAR Tower 1 offers an attractive 60:40 payment plan, which includes:

20% Down Payment: Initial booking amount, securing your investment.

40% During Construction: Spread over the construction period, easing the financial burden.

40% Upon Handover: The final installment, due upon receiving the keys to the property.

This structured payment plan is designed to accommodate investors and homebuyers by spreading the financial commitment over several phases.

Starting Price at:

1 bedroom - AED 887 K (from 589 Sq.Ft.)

1.5 bedroom - AED 1.185 M (from 772 Sq.Ft.)

EOI:

1 bed - 30,000 AED

1,5 bed - 35,000 AED

(check / manager check / cash)

Your new home, where every moment is infused with wonder and beauty!

SALE
1,185,000
Ref.No: imex-4482786
1,5BR Apt
772 ft2
1,534 AED/ft2
SALE
887,000
Ref.No: imex-4482345
1BR Apt
589 ft2
1,505 AED/ft2
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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management