Luminar Tower 3
LUM1NAR Tower 3 is a contemporary residential development in Jumeirah Village Triangle offering studios to 3.5 bedroom apartments with premium amenities and smart home features.
Starting from
AED 844,238
Luminar Tower 3 is an off-plan development by Object One Properties in Dubai, Dubai. Prices start from AED 844,238 with a 60/40 payment plan. Handover is expected 2027, 4 unit types are available.
Updated Oct 2026 · Peak Trust Global Real Estate
Project Highlights
- Bedrooms
- Studio to 3.5 BR
- Area Range
- 555 to 1988 sqft
- Payment Plan
- 60/40
- Handover
- Q2 2027
- Status
- Off Plan
- Developer
- LUM1NAR
Market Intelligence
Data-driven investment insights for Luminar Tower 3
Off-plan sales in Al Barsha South Fifth have grown 4.1×, from 1,321 deals in 2023 to 5,356 in 2025, on pace for ≈4,189 in 2026. Prices in Al Barsha South Fifth have risen a steady 7% over the last 5 years. Luminar Tower 3’s 1 Bed & Studio units sell 10–20% below the area average per sqft, making them a value entry into Al Barsha South Fifth.
4.1×
Demand growth
Area deals · 2023→2025
+7%
Area price trend
Off-plan AED/sqft · 5-yr
AED 1,692
Price / sqft
Asking · 1 BR
188
Total units
Off-plan registrations
Buyer Demand
Off-plan transactions per year · area
Off-plan sales in Al Barsha South Fifth have grown 4.1×, from 1,321 deals in 2023 to 5,356 in 2025, on pace for ≈4,189 in 2026.
Solid = deals registered so far; outline = projected full-year from the year-to-date pace. Recent deals take a few weeks to appear in official records, so the current count is a conservative estimate.
Price Momentum
+7% · 5-yrOff-plan price per sqft (AED) · area
Prices in Al Barsha South Fifth have risen a steady 7% over the last 5 years.
Price Positioning
Median sold price by unit type (AED / sqft) · project vs wider area
Luminar Tower 3’s 1 Bed & Studio units sell 10–20% below the area average per sqft, making them a value entry into Al Barsha South Fifth.
Investor Snapshot
FreeFactual figures for serious investors: comparable sales, rental income & market structure.
Gross rental yield
District 1BR · indicative
Off-plan share
Area sales · recent
Booking capital
50% during construction
Recent Comparable Sales
| Date | Type | Sqft | AED/sqft | Price |
|---|---|---|---|---|
Source: official records · area
Rental Income Potential
Payment schedule (50 / 50)
Rents: registered Ejari contracts. Payment: from-price basis.
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Market data: Luminar Tower 3Key figures for Luminar Tower 3 in Al Barsha South Fifth from official transaction records. Updated Jul 2026.View source data
| Area price growth (5-yr) | +7% |
|---|---|
| Sold price / sqft (1-bed) | AED 1,333 |
| Area average price / sqft | AED 1,418 |
| Asking price / sqft (1-bed) | AED 1,692 |
| Total units (off-plan reg.) | 188 |
| Year | AED / sqft |
|---|---|
| 2022 | AED 1,325 |
| 2023 | AED 1,440 |
| 2024 | AED 1,391 |
| 2025 | AED 1,418 |
| Year | Transactions |
|---|---|
| 2023 | 1,321 |
| 2024 | 2,782 |
| 2025 | 5,356 |
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.
About Luminar Tower 3 – Dubai, UAE
Contact Peak Trust for Luminar Tower 3
Phone
+971 50 226 0017Office Hours
Monday to Saturday, 10am to 11pm. Sunday closed.
Office Location
Office No. 903, Al Moosa Tower 2, 1503 Sheikh Zayed Road, Trade Centre First, Dubai, UAE
Peak Trust Global Real Estate is UAE's leading property consultancy. Contact our expert team for detailed information about Luminar Tower 3, schedule viewings, and get assistance with financing options. Call us at +971 50 226 0017 or email [email protected].
Real Estate Agent | UAE | English, Arabic
Amenities & Features
Available Unit Types
Studio Apartment
Starting from
AED 844,238
1 Bedroom Apartment
Starting from
AED 1,260,484
1.5 Bedroom Apartment
Starting from
AED 1,626,630
2.5 Bedroom Apartment
Starting from
AED 2,641,746
| Unit Type | Bedrooms | Area Details | Starting Price | Action |
|---|---|---|---|---|
Studio Apartment | Studio | 555 sqft | AED 844,238 | |
1 Bedroom Apartment | 1 | 712 sqft | AED 1,260,484 | |
1.5 Bedroom Apartment | 1 | 994 sqft | AED 1,626,630 | |
2.5 Bedroom Apartment | 2 | 1,988 sqft | AED 2,641,746 |
Payment Plan
60/40
- 30%
Booking
On booking
Booking deposit payable within 14 days from reservation date
- 30%
During Construction
During construction
Installments spread across construction milestones
- 40%
On Completion
On completion
Final payment upon project completion
Gallery
Developer Profile - Object One Properties
Learn more
Location
Nearby Places
Frequently Asked Questions
The expected handover for LUM1NAR Tower 3 is scheduled for Q2 2027.
The project offers studios, 1 bedroom, 1.5 bedroom, 2.5 bedroom and 3.5 bedroom apartments.
Yes, the project offers a flexible 60/40 payment plan with installments during construction and the balance payable on completion.
LUM1NAR Tower 3 is located in District 2 of Jumeirah Village Triangle, Dubai, with easy access to major highways.
Amenities include swimming pools, fitness center, kids play areas, clubhouse, gaming room, yoga lounge, BBQ area and 24/7 concierge services.
Prices at Luminar Tower 3 start from AED 844,238, in Dubai, Dubai. Contact Peak Trust for the latest availability and full price list.
Luminar Tower 3 is developed by Object One Properties.
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