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Peak Trust - Global Real Estate

Luminar Tower 3 vs Altai Tower

Luminar Tower 3 starts at AED 844,238 against AED 1,036,901, a 23% gap. Altai Tower is the cheaper and earlier of the two: it prices at AED 1,311 per square foot against AED 1,333 and hands over in 2026 against 2027. Both projects are in Al Barsha South Fifth, so the same area benchmark applies to each.

A side-by-side comparison of two off-plan developments in Al Barsha South Fifth, Dubai: pricing, payment plans, handover and developer track record, from official Dubai Land Department records.

Side by side

Luminar Tower 3 and Altai Tower compared

Both projects are in Al Barsha South Fifth · area avg AED 1,418/sqft · 5-yr area growth +7%. Luminar Tower 3 has the lower entry price.

Luminar Tower 3 versus Altai Tower comparison
Luminar Tower 3Altai Tower
Starting priceAED 844,238AED 1,036,901
Payment plan60/4030/70
Handover20272026
DeveloperObject One PropertiesTiger Properties
Total units188538
Developer projects—26
Developer delivered—17

Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Jul 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.

Questions & answers

Frequently Asked Questions

Which is cheaper, Luminar Tower 3 or Altai Tower?

Luminar Tower 3 has the lower entry price, from AED 844,238 against AED 1,036,901 for Altai Tower. Per square foot the order is Altai Tower at AED 1,311 and Luminar Tower 3 at AED 1,333.

Which hands over first, Luminar Tower 3 or Altai Tower?

Altai Tower is scheduled to hand over first, in 2026, against 2027 for Luminar Tower 3.

What payment plans do Luminar Tower 3 and Altai Tower offer?

Luminar Tower 3 is offered on a 60/40 payment plan and Altai Tower on 30/70.

What do homes cost in Al Barsha South Fifth generally?

Homes in Al Barsha South Fifth sold at an average of AED 1,418 per square foot, from sale transactions registered with the Dubai Land Department. That is up 7% over five years.