Lum1nar Tower 1
Jumeirah Village Triangle (JVT) , Dubai
AED 887,000
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AED 887,000
Free Residency Visa
Construction Progress19%
Description
Lum1nar Tower 1 in Jumeirah Village Triangle stands as an exquisite residential marvel by Object 1 Development, presenting a premium selection of 1 and 1.5-bedroom apartments. Crafted to redefine luxury living, this 20-storey tower seamlessly merges timeless elegance with contemporary sophistication, offering residents a lifestyle unparalleled.
This exclusive development sets a new standard for contemporary living, blending timeless elegance with cutting-edge design. Featuring 196 meticulously designed units, Lum1nar Tower 1 offers a variety of living options tailored to diverse preferences. Beyond its striking architectural design, the development boasts an array of amenities curated to elevate residents' lives.
Amenities & Features
Parking Spaces
Prayer Room
Reception/Waiting Room
Gym or Health Club
Swimming Pool
Steam Room
Kids Play Area
Barbeque Area
Property Details
Property TypeApartment
DeveloperObject One Real Estate Development
ProjectLum1nar Tower 1
CommunityJumeirah Village Triangle (JVT)
CompletionOff-Plan -
Q4 2026
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 887,000
DLD Fee (4%)AED 35,480
Trustee FeeAED 4,200
Agency (2%)AED 17,740
Total
InvestmentAED 944,420
Expected Annual Returns
Expected Annual RentAED 65,638
Service Charges (Est)-AED 8,640
Net Annual
IncomeAED 56,998
Net Annual ROI6.0% (after expenses)
Payback Period16.6 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa20.2 km
Dubai Mall20.5 km
Dubai Airport (DXB)30.5 km
Mall of the Emirates9.4 km
Dubai Marina6.2 km