Luminar Tower 2
- Under construction · 31% built · handover Q4 2026
- 25 floors
- 4 lifts
- 213 parking bays
- 1 pool
- Master developer Object One
A 1 bed in Luminar Tower 2 costs a median AED 932,129 and rents long-let for AED 57,500/yr.
1 bed · typical price
932,129AED
AED 1,562/sqft · +4.2% on a year
- Rent a year
- AED 57,500
- vs Jumeirah Village Triangle
- 7% above the median
Cost to buy, all inAED 993,189
- Price
- AED 932,129
- DLD fee 4%
- AED 37,285
- Agent 2% + VAT
- AED 19,575
- Trustee
- AED 4,200
Fees repaid by rent13 months
Is Luminar Tower 2 a good investment?Prices rising and easy to sell; few units are let and lots of new supply is coming; no record of the yield and the rent trend
- Does it pay a good rent?Too few leases or sales to divide one by the otherNo record
- Is it easy to let?2% of units signed a yearly lease in 12 months; the typical Jumeirah Village Triangle building manages 2%2%Watch
Jumeirah Village Triangle median 2% · top tenth from 57%Luminar Tower 2 · 2% Across 45 Jumeirah Village Triangle buildings with 40 or more units, the median signed annual leases on 2% of units in 12 months and the top tenth on 57% or more; Luminar Tower 2 is at 2%.
- Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
- Are prices going up?1 bed: AED 1,499/sqft a year ago, 1,562 now+4.2%Strength
- How fast do fees pay back?AED 61,060 in fees to buy a 1 bed; rent covers it in 1.1 years1.1 yrs
- Can I sell easily?24 sales in 12 months, 14% of the tower (131 the year before)24Strength
- Is a lot being built nearby?6,415 apartments are planned in Jumeirah Village Triangle from 2026 to 2028, equal to 2.3 times the 2,826 homes let there today. A further 407 are past their planned date. Jumeirah Village Triangle supply by year →227%Watch
- Did earlier buyers gain?Launch buyers still 5% down, before fees-4.6%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Luminar Tower 2 prices and rents by unit typeA one-bed costs about AED 932,129 and rents for about AED 57,500 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Jumeirah Village Triangle · area median AED 1,456/sqft
- 12-month change
- +4.2%
- vs area median
- +7.3%
- Rank by price per sqft
- 19th of 57
Rental income
1 bed · Jumeirah Village Triangle
- Median new rent
- AED 57,500/yr
- Renewal rent
- AED 66,408/yr
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 1 bed: Oct 2024, AED 944,879; latest, May 2026, AED 800,143; peak, Jun 2025, AED 1,112,098. Rent on new leases: Feb 2019, AED 75,000 a year; latest, May 2026, AED 40,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,392 · before fees
- Launch, 2024–26
- 1,459
- −5%
- 132 sales
- Previous 12 months
- 1,460
- −5%
- 131 sales
- Last 12 months
- 1,392
- today
- 24 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Comparables in Jumeirah Village Triangle
Every Jumeirah Village Triangle building with a page, ranked by price per sqft over the same 12 months, all unit types. Luminar Tower 2 places 40th of 63; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Luminar Tower 2 (AED 1,392/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Luminar Tower 2 has registered sale prices 7% above the Jumeirah Village Triangle median price per square foot of 1,456 AED, across 57 eligible buildings. It ranks 19th of 57 by price per square foot in Jumeirah Village Triangle.
Market context in Jumeirah Village Triangle
Registered sales activity
574 ready apartment sales in the 12 months to 2026-10-12.
+19.1% in median AED/sqft versus the preceding year, supported by 574 current and 532 prior price observations.
Explore sales activityPlanned apartment projects
1,934 known registered units across 8 pending projects planned within one year of the 2026-07-06 register.
3 projects had already passed their planned date; 8 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
6,415 apartments are planned in Jumeirah Village Triangle from 2026 to 2028, equal to 2.3 times the 2,826 homes let there today.
Ready prices per sqft fell in 32% of 19 buildings (counted once per bedroom type) in Jumeirah Village Triangle with sales in both years; the typical one moved +5.3%.
The pooled median moved +19.1%: 13.7 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 73% of 22 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.8%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Luminar Tower 2
Luminar Tower 2 is an under-construction (31% built) apartment building by Object One in Jumeirah Village Triangle. 156 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 25
- Lifts
- 4
- Parking bays
- 213
- Pools
- 1
- Master developer
- Object One
Nearest, as registered
- Metro
- Jumeirah Lakes Towers
- Mall
- Marina Mall
- Landmark
- Sports City Swimming Academy
Luminar Tower 2: AED 1,392 per sq ft, 5% below the median Jumeirah Village Triangle building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Luminar Tower 2AED 1,392
- Jumeirah Village Triangle, readyAED 1,397
- Jumeirah Village Triangle, off-planAED 1,690
- Dubai, readyAED 1,421
More from Object One
Elaris Sky
Jumeirah Village Triangle · 227 sales, 12 months
1.13M
AED, resale median · 1,625/sqft
Alta View Skyhomes
Jumeirah Village Circle · 170 sales, 12 months
1.20M
AED, resale median · 1,613/sqft
EVERGRIN House 2
Jumeirah Garden City · 160 sales, 12 months
1.04M
AED, resale median · 2,430/sqft
Verdana 1
Dubailand Residence Complex · 83 sales, 12 months
738,330
AED, resale median · 1,324/sqft
Nearby in Jumeirah Village Triangle
Prices per sq ft around Luminar Tower 2, on the mapPrices per sq ft around Luminar Tower 2, on the map
Terhab Hotel & Towers - Tower 1
Jumeirah Village Triangle · 79 sales, 12 months
846,141
AED, resale median · 2,250/sqft
Forum Heights
Jumeirah Village Triangle · 45 sales, 12 months
1.10M
AED, resale median · 1,576/sqft
Seslia Tower
Jumeirah Village Triangle · 41 sales, 12 months
569,050
AED, resale median · 1,342/sqft
Al Jawhara Tower
Jumeirah Village Triangle · 35 sales, 12 months
510,000
AED, resale median · 1,145/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Luminar Tower 2’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 4,145AED
- 4.5% over 25 years
- Monthly rent
- 4,792AED
- AED 57,500 a year
- Cash needed at purchase
- 259,807AED
- 20% down plus AED 73,381 in fees
Owning costs AED 200,599 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
Ask about Luminar Tower 2
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
Common questions
- What is the rental yield in Luminar Tower 2?
- No gross yield is published for Luminar Tower 2 as of 2026-10-12: fewer than 5 new Ejari contracts were registered in the last 12 months. In the last 12 months it had 14 registered sales and 2 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Jumeirah Village Triangle median is 7.5% gross.
- How much does a 1 bedroom in Luminar Tower 2 cost?
- The median registered sale price is AED 932,129 (1,562 AED/sqft), from 14 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in Luminar Tower 2 risen or fallen?
- Median price per square foot moved +4.2% over the last 12 months against the 12 before it, on 14 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- What is the registered annual rent for a 1 bedroom in Luminar Tower 2?
- The median new annual rent is AED 57,500, from 2 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- How many apartments change hands in Luminar Tower 2?
- 14 sales were registered with the Dubai Land Department in the last 12 months, alongside 2 Ejari rental contracts. Every median on this page rests on those counts.
For agents
Send this page to a client as a branded report
Luminar Tower 2 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 14 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/jumeirah-village-triangle/luminar-tower-2
Cite as: Dubai Wealth Index. “Luminar Tower 2 sale prices and yield.” Jumeirah Village Triangle, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-triangle/luminar-tower-2
Stable dataJSON