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Obj1 Real Estate Development

Luminar Tower 2

Jumeirah Village Triangle · Off-plan
Status
Off-plan
Handover
Oct 2026
Homes
Apartments
Developer
Obj1 Real Estate Development
Pricing
On request

Luminar Tower 2 is a current off-plan development by Obj1 Real Estate Development in Jumeirah Village Triangle, Dubai, registered with the Dubai Land Department (project 3298). The project comprises 168 residential units. Declared project value: AED 42M. Construction is 31% complete per the latest DLD inspection. Scheduled handover: Oct 2026. Register your interest with ERE Homes for floor plans, payment plans and launch pricing.

Location
Luminar Tower 2 is in Jumeirah Village Triangle, Dubai. The map shows the area, not the exact plot.
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Jumeirah Village Triangle in numbers
Sales recorded
5,479
Median price
AED 1.12M
Median price per sqft
AED 1,598
Average price per sqft
AED 1,596

Jumeirah Village Triangle recorded 5,479 registered sales in the May 2025 to May 2026 window, at a median of AED 1.12M, or AED 1,598 per square foot. Almost everything trading here is apartments. These are Dubai Land Department transactions, not asking prices, so they are what buyers actually paid.

Luminar Tower 2 questions
Where is Luminar Tower 2 located?
Luminar Tower 2 is in Jumeirah Village Triangle, Dubai, Dubai. It is registered with the Dubai Land Department as project 3298, which is the number to quote if you want to verify it on the DLD escrow register yourself.
When does Luminar Tower 2 hand over?
The developer has scheduled handover for Oct 2026. Construction was last reported at 31% complete. Off-plan handover dates move. We track the DLD construction reports on this project and will tell you if it slips.
Who is the developer of Luminar Tower 2?
Luminar Tower 2 is developed by Obj1 Real Estate Development. They currently have 9 projects on the Dubai Land Department off-plan register, which you can see on their developer page. Before you commit to any off-plan purchase we will look at that developer's actual delivery record rather than their brochure.
What do homes in Jumeirah Village Triangle sell for?
Jumeirah Village Triangle recorded 5,479 registered Dubai Land Department sales in the last twelve months, at a median of AED 1.12M and AED 1,598 per square foot. Luminar Tower 2 has not published its price list yet, so ask us for launch pricing when it is released.
What types of home does Luminar Tower 2 have?
Apartments. Floor plans and the unit mix per release come from the developer, and we can send you the current set with what is still available.
Is Jumeirah Village Triangle a good area to invest in?
On the numbers, Jumeirah Village Triangle is an active market: 5,479 sales registered with the DLD in the last twelve months at a median of AED 1,598 per square foot. Volume that high means you can sell again when you want to, which matters more than a headline yield. Whether it suits you depends on whether you want income or capital growth, and we will pull the rental performance for the specific unit type you are considering.
Can foreigners buy at Luminar Tower 2?
Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. We confirm the ownership type on this specific project in writing before you pay anything.
What is the payment plan on Luminar Tower 2?
Payment plans on off-plan are set by the developer per release and change between phases, so any plan published on a third party site is likely out of date. Your payments go into a RERA-regulated escrow account tied to this project rather than to the developer directly. Ask us for the current schedule, including whether there is a post-handover element.
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