Apartment by OBJECT 1 “LUM1NAR Tower 3”
AED 737,000
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Vector icon Studio Vector icon 1 Bath Vector icon 366 sqft

Jumeirah Village Triangle (JVT)

Daria
Daria Property broker

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LUM1NAR Tower 3 Studio Apartment in Jumeirah Village Triangle (JVT) — Move-In Ready Value

Studio, 366 sq ft, LUM1NAR Tower 3 — a lean, well-connected entry into Dubai real estate with post-handover payments stretching to 2029

Few locations in Dubai combine highway access and neighbourhood livability as well as Jumeirah Village Triangle does. Sitting at the junction of Sheikh Mohammed Bin Zayed Road and Al Khail Road, JVT lets you reach virtually any part of the emirate without getting stuck in the city’s denser arteries. This 34 m² (366 sq ft) studio in LUM1NAR Tower 3 by Object One is a practical buy-to-let or first-purchase option for those looking to invest in Dubai real estate at the construction stage, with a structured payment plan that keeps the upfront commitment low.

Studio highlights

— efficient layout with distinct sleeping, living, and kitchen zones within a single open space;
— contemporary interiors finished in soft, neutral tones that make the space feel larger;
— well-proportioned rooms with no wasted corridors — every square foot is usable;
— part of a 25-storey residential tower completed to the same specification as the broader LUM1NAR complex.

LUM1NAR Tower 3 amenities

— residents’ swimming pool;
— fully equipped gym;
— communal lounges and relaxation areas;
— secured parking;
— children’s play areas.

Architecture and concept

LUM1NAR is a three-tower development, each rising 25 residential floors above Jumeirah Village Triangle. Tower 3 covers studios through three-bedroom apartments. The design prioritises clean lines and natural light, ensuring that even the most compact formats — like this studio — feel open rather than cramped.

About the developer

Object One Real Estate Development is a Dubai-based developer focused on mid-to-upper-mid residential projects, known for thoughtful floor plans and buyer-friendly instalment structures.

Payment plan

The payment schedule breaks down as follows:
— 10% + 4% DLD fee + AED 5,050 — on booking;
— 10% — within 30 days of the booking date;
— 30% — in instalments from April 2025 to December 2026 (5% every four months);
— 5% — on construction completion (March 2027);
— 45% — post-handover, from May 2027 to May 2029 (5% every three months).
Handover: March 2027.

Location — Jumeirah Village Triangle

— direct access to Sheikh Mohammed Bin Zayed Road and Al Khail Road;
— 15 minutes to Jumeirah Golf Estates and Montgomerie Golf Course;
— 15–17 minutes to Circle Mall, Dubai Hills Mall, and Mall of the Emirates;
— 20 minutes to Palm Jumeirah;
— approximately 25 minutes to Dubai Marina and JBR;
— around 30 minutes to Downtown Dubai and Dubai Mall;
— schools, nurseries, clinics, cafés, and grocery stores within walking distance.

Frequently asked questions

Why does the JVT location matter for connectivity?
— The district sits at the intersection of two of Dubai’s main arterial roads, giving residents fast routes north toward Sharjah, south toward Abu Dhabi, and east into the city centre — without passing through congested inner districts.

Is a 34 m² studio realistic for rental income?
— Compact studios in well-connected, affordable neighbourhoods consistently attract young professionals and expats on mid-range budgets. JVT has a steady tenant base, which supports occupancy rates.

How does the post-handover payment structure work?
— 45% of the purchase price is paid across two years after handover, in quarterly 5% instalments from May 2027 to May 2029. This significantly reduces the financial pressure during the construction phase.

When is LUM1NAR Tower 3 due for handover?
— Construction completion is scheduled for March 2027.

What’s within easy reach of the complex on a daily basis?
— Supermarkets, schools, nurseries, medical centres, and cafés are all within walking distance. The nearest major malls — Circle Mall and Dubai Hills Mall — are under 17 minutes by car.

Enquire via the form on this page to get current pricing, a floor plan, and a rental yield estimate for this studio in LUM1NAR Tower 3.

Payment plan

Within 14 days from the reservation date
40% + 4% DLD + 5050 AED Registration fees
March 2026
10%
September 2026
10%
On handover
40%

Property information

Handover Date

Q2 2027

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

OBJECT 1 “LUM1NAR Tower 3”

Object One Real Estate Development
Object One Real Estate Development View developer

Location

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