1-bed · 581 sqftLUM1NAR Tower 2 - Luminar 2, Jumeirah Village Triangle (JVT) · 16th floor

1603, LUM1NAR Tower 2 - Luminar 2

Sold prices and rental history: sold once, by the developer in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 11 December 2024
Last soldAED 812K11 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, LUM1NAR Tower 2 - Luminar 2

What is 1603 worth today?

Last sold for AED 812,120 in 2024

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11 Dec 2024Sold by developerOff-plan
AED 812,120AED 1,397 per sqft

Source: Dubai Land Department. Updated 11 December 2024.

Key facts

Type
1-bed apartment
Size
581 sqft
Floor
16th of 19
Parking
1
Developer
OBJ1 Real Estate Development
Last sold
AED 812K · December 2024

About 1603, LUM1NAR Tower 2 - Luminar 2

1603 is a one-bedroom apartment of 581 sqft on the 16th floor of LUM1NAR Tower 2 - Luminar 2, a 19-storey tower in Jumeirah Village Triangle (JVT) by OBJ1 Real Estate Development . The developer sold it on 11 December 2024 for AED 812,120, or AED 1,397 per sqft, 7% below the AED 1,501 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical one-bed in LUM1NAR Tower 2 - Luminar 2
800K900K1M202420252026Typical sale price by year: 2024 AED 983,967; 2025 AED 913,492Sold by developer, December 2024: AED 812,120 (AED 1,397 per sqft)

1603 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in LUM1NAR Tower 2 - Luminar 2, and where 1603 sits

All 117 1-beds →

1603 last sold in December 2024 at AED 1,397 per sqft, 7% below what one-beds in LUM1NAR Tower 2 - Luminar 2 were fetching at the time (AED 1,501). Over the last 12 months one-beds sold for AED 800,143 to 959,728, around AED 1,562 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
18 May 2026800,143
31 Mar 2026918,098
29 Dec 2025956,368
24 Dec 2025814,873
6 1-bed sales in the last 12 months

LUM1NAR Tower 2 - Luminar 2

Building

147 apartments, 1-bed to 2-bed over 19 floors in Jumeirah Village Triangle (JVT) by OBJ1 Real Estate Development . 10 sold in the last 12 months.

Typical price per sqft
AED 1,397 Down 3.9%
Typical sale
AED 958K
Typical rent
Few contracts
Typical yield
LUM1NAR Tower 2 - Luminar 2, Jumeirah Village Triangle (JVT): prices, sales and rents →
Value
16012-bedAED 1.78M · Jul 2025
16022-bedAED 1.71M · Oct 2025
16041-bedAED 902K · Nov 2024
16051-bedAED 1.07M · Oct 2024
16061-bedAED 1.28M · Nov 2024
16071-bedAED 1.05M · Oct 2024
16081-bedAED 1.04M · Apr 2025
1–7 of 8

1603, LUM1NAR Tower 2 - Luminar 2 in numbers

  • Sold once: by OBJ1 Real Estate Development on 11 December 2024 for AED 812,120, or AED 1,397 per sqft.
  • One-beds in LUM1NAR Tower 2 - Luminar 2 sold for AED 800,143–959,728 in the 12 months to November 2026; the building's median across all types is AED 1,397 per sqft.

Source: Dubai Land Department. Updated 11 December 2024.

Questions about 1603, LUM1NAR Tower 2 - Luminar 2

What did unit 1603 last sell for?

AED 812,120 on 11 December 2024, sold by the developer: AED 1,397 per sqft for 581 sqft. It is the only registered sale of the unit.

How big is unit 1603?

581 sqft (54.0 sqm): a one-bedroom apartment on the 16th floor of a 19-storey tower.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in LUM1NAR Tower 2 - Luminar 2 sold for AED 800,143 to 959,728 in the last 12 months, around AED 1,562 per sqft.

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Mortgage on 1603, LUM1NAR Tower 2 - Luminar 2

Starts from the last sale price (AED 812K, 11 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 812,120
Deposit, UAE resident (20%)
AED 162,424
Deposit, non-resident (40%)
AED 324,848
Monthly over 25 years at 3.7%
AED 3,323

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →