1-bed · 648 sqftLUM1NAR Tower 2 - Luminar 2, Jumeirah Village Triangle (JVT) · 5th floor

507, LUM1NAR Tower 2 - Luminar 2

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

Unit 507 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 1.04M28 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, LUM1NAR Tower 2 - Luminar 2

What is 507 worth today?

Last sold for AED 1,039,065 in 2024

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28 Oct 2024Sold by developerOff-plan
AED 1,039,065AED 1,604 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
1-bed apartment
Size
648 sqft
Floor
5th of 19
Parking
1
Developer
OBJ1 Real Estate Development
Last sold
AED 1.04M · October 2024

About 507, LUM1NAR Tower 2 - Luminar 2

507 is a one-bedroom apartment of 648 sqft on the 5th 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 28 October 2024 for AED 1,039,065, or AED 1,604 per sqft, 7% above the AED 1,500 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in LUM1NAR Tower 2 - Luminar 2
900K1M202420252026Typical sale price by year: 2024 AED 983,967; 2025 AED 913,492Sold by developer, October 2024: AED 1,039,065 (AED 1,604 per sqft)

507 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 507 sits

All 117 1-beds →

507 last sold in October 2024 at AED 1,604 per sqft, 7% above what one-beds in LUM1NAR Tower 2 - Luminar 2 were fetching at the time (AED 1,500). Over the last 12 months one-beds sold for AED 800,143 to 1,200,000, around AED 1,594 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
7 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 . 11 sold in the last 12 months.

Typical price per sqft
AED 1,402 Down 3.5%
Typical sale
AED 960K
Typical rent
Few contracts
Typical yield
LUM1NAR Tower 2 - Luminar 2, Jumeirah Village Triangle (JVT): prices, sales and rents →
Value
5022-bedAED 1.74M · Nov 2025
5031-bedAED 815K · Dec 2025
5041-bedAED 965K · Apr 2025
5051-bedAED 1.18M · Aug 2025
5061-bedAED 1.4M · Oct 2024
5081-bedAED 836K · Oct 2024
5091-bedAED 939K · Feb 2025

507, LUM1NAR Tower 2 - Luminar 2 in numbers

  • Sold once: by OBJ1 Real Estate Development on 28 October 2024 for AED 1,039,065, or AED 1,604 per sqft.
  • One-beds in LUM1NAR Tower 2 - Luminar 2 sold for AED 800,143–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,402 per sqft.

Source: Dubai Land Department. Updated 28 October 2024.

Questions about 507, LUM1NAR Tower 2 - Luminar 2

What did unit 507 last sell for?

AED 1,039,065 on 28 October 2024, sold by the developer: AED 1,604 per sqft for 648 sqft. It is the only registered sale of the unit.

How big is unit 507?

648 sqft (60.2 sqm): a one-bedroom apartment on the 5th floor of a 19-storey tower.

What is unit 507 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 1,200,000 in the last 12 months, around AED 1,594 per sqft.

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Mortgage on 507, LUM1NAR Tower 2 - Luminar 2

Starts from the last sale price (AED 1.04M, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,039,065
Deposit, UAE resident (20%)
AED 207,813
Deposit, non-resident (40%)
AED 415,626
Monthly over 25 years at 3.7%
AED 4,251

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