What is the rental yield in Luminar Tower 3?

No gross yield is published for Luminar Tower 3 as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 12 registered sales and 0 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 3 cost?

The median registered sale price is AED 873,890 (1,050 AED/sqft), from 12 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

Have prices in Luminar Tower 3 risen or fallen?

Median price per square foot moved -24.4% over the last 12 months against the 12 before it, on 12 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How many apartments change hands in Luminar Tower 3?

12 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.

Which metro station is closest to Luminar Tower 3?

Jumeirah Lakes Towers, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.

Luminar Tower 3

Under construction · 2% built · handover Q1 2027
27 floors
4 lifts
197 parking bays
1 pool
Master developer Object One

A 1 bed in Luminar Tower 3 costs a median AED 873,890.

1 bed · typical price

873,890AED

AED 1,050/sqft · -24.4% on a year

vs Jumeirah Village Triangle: 28% below the median

Cost to buy, all inAED 931,398

Price: AED 873,890
DLD fee 4%: AED 34,956
Agent 2% + VAT: AED 18,352
Trustee: AED 4,200

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Ask about Luminar Tower 3 →

Is Luminar Tower 3 a good investment?Easy to sell; few units are let, prices are slipping 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?1% of units signed a yearly lease in 12 months; the typical Jumeirah Village Triangle building manages 2%1%Watch
Jumeirah Village Triangle median 2% · top tenth from 57%Luminar Tower 3 · 1%
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 3 is at 1%.
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 1,389/sqft a year ago, 1,050 now-24.4%Watch
How fast do fees pay back?AED 57,508 in fees to buy a 1 bed: DLD 4%, agent 2% plus VAT, trusteeAED 57,508
Can I sell easily?31 sales in 12 months, 17% of the tower (125 the year before)31Strength
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 0% down, before fees-0.4%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Luminar Tower 3 prices and rents by unit typeA one-bed costs about AED 873,890

Type	Median price	New rent	12-month change	Sales
Studio52 units · 553 sqft	AED 687,3411,362/sqft	under 5 contracts	under 5 contracts	+4.9%	8
1 bed88 units · 847 sqft	AED 873,8901,050/sqft	not yet let	not yet let	-24.4%	12
2 bed38 units · 1,095 sqft	AED 1.43M1,357/sqft	not yet let	not yet let	+0.2%	7
3 bed6 units · 1,843 sqft	AED 2.43M1,341/sqft	not yet let	not yet let	under 5 sales in a year	4

Appreciation, 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: -24.4%
vs area median: -27.9%
Rank by price per sqft: 50th of 57

Read with care

No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,342 · before fees

Launch, 2025–26: 1,347; 0%; 143 sales
Previous 12 months: 1,348; 0%; 125 sales
Last 12 months: 1,342; today; 31 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 3 places 46th of 63; the nearest 8 are shown.

Rank	Building	Median price	Gross yield	12-month change	Sales
42	ZaZEN ONECompleted 2021 · off-plan 925/sqft	AED 2.15M	1,382+3.0%	6.5%	—	3
43	02 Residence by Ned Al Ghurair	AED 1.60M	1,371+2.2%	—	+5.4%	33
44	Lilium TowerCompleted 2026 · off-plan 1,370/sqft	AED 890,000	1,367+1.9%	—	+0.4%	11
45	Seslia TowerCompleted 2026 · off-plan 1,177/sqft	AED 569,050	1,3420.0%	11.3%	+14.0%	41
46	Luminar Tower 3 · this building2% · Q1 2027 · off-plan 1,347/sqft	AED 1.08M	1,342	—	-0.5%	31
47	Bali ResidencesCompleted 2023 · off-plan 1,210/sqft	AED 855,000	1,341-0.1%	7.9%	-8.8%	11
48	555 Park ViewsCompleted 2025 · off-plan 1,193/sqft	AED 1.33M	1,334-0.6%	6.7%	-9.0%	9
49	The IvyCompleted 2024 · off-plan 1,052/sqft	AED 1.04M	1,333-0.6%	8.2%	-9.2%	17
50	Winner Tower14% · off-plan 1,358/sqft	AED 1.22M	1,281-4.5%	—	-5.3%	8

Rank 1 is the dearest per square foot. Differences are against Luminar Tower 3 (AED 1,342/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Luminar Tower 3 has registered sale prices 28% below the Jumeirah Village Triangle median price per square foot of 1,456 AED, across 57 eligible buildings. It ranks 50th 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 activity

Planned 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 supply

Supply 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 counted

Find service-charge budget evidence for Luminar Tower 3

Direct 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 3

Luminar Tower 3 is an under-construction (2% built) apartment building by Object One in Jumeirah Village Triangle. 156 sales are registered with the Dubai Land Department.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

The building, as registered

Floors: 27
Lifts: 4
Parking bays: 197
Pools: 1
Master developer: Object One

Nearest, as registered

Metro: Jumeirah Lakes Towers
Mall: Marina Mall
Landmark: Sports City Swimming Academy

Luminar Tower 3: AED 1,342 per sq ft, 9% 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 3AED 1,342
Jumeirah Village Triangle, readyAED 1,397
Jumeirah Village Triangle, off-planAED 1,690
Dubai, readyAED 1,421

Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Jumeirah Village Triangle, by handover quarter

Nearby in Jumeirah Village Triangle

Every building in Jumeirah Village Triangle →

Prices per sq ft around Luminar Tower 3, on the map

Pills show median sale price, AED. 44 buildings pinned from Google place records and Apple geocoding · Luminar Tower 3 is the inverted pinOpen in Apple Maps

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 to
2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
On record
Sales evidence · 1 bed
12 registered sales in 12 months
On record
Rental evidence · 1 bed
No Ejari contract registered: not yet let
Read with care
Service charge
Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
Not on record
Project register
Luminar Tower 3: not recorded complete, 2.02% built, planned 2027-03-30 · register data to 2026-07-06
On record
Developer
Object One · delivery record
On record
Building record
DLD building record · data to 2026-10-13
On record
Costs not included
4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
Not 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 rate

Prefilled from Luminar Tower 3’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

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: —; 4.5% over 25 years
Monthly rent: —
Cash needed at purchase: —

Enter a price, a rent, a rate, a term and a horizon to model the comparison.

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Common questions

What is the rental yield in Luminar Tower 3?: No gross yield is published for Luminar Tower 3 as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 12 registered sales and 0 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 3 cost?: The median registered sale price is AED 873,890 (1,050 AED/sqft), from 12 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
Have prices in Luminar Tower 3 risen or fallen?: Median price per square foot moved -24.4% over the last 12 months against the 12 before it, on 12 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How many apartments change hands in Luminar Tower 3?: 12 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
Which metro station is closest to Luminar Tower 3?: Jumeirah Lakes Towers, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.

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