2-Bedroom Apartment at Lum1nar Tower 3, JVT – Off-Plan, Price Reduced to AED 1.19M

Property Overview

This 1,075 sq ft two-bedroom apartment at Lum1nar Tower 3 by Object 1 in Jumeirah Village Triangle (JVT) is offered at AED 1,190,000, reduced from AED 1,250,000 according to the agent. It is an off-plan unit on floors 7 to 12, with handover given by the agent as February 2027. The asking price works out to about AED 1,107 per sq ft.

Property Highlights

• Property type: 2-bedroom apartment
• Building: Lum1nar Tower 3, JVT
• Developer: Object 1
• Size: 1,075 sq ft
• Asking price: AED 1,190,000 (reduced from AED 1,250,000, agent-stated)
• Price per sq ft: approx. AED 1,107
• Floor: between floors 7 and 12 (agent-stated)
• Handover: February 2027 (agent-stated)

Why the Price Is Listed as an Off-Plan Deal

The agent's brief of 9 October 2026 describes this as a hot lot with the price recently reduced from AED 1,250,000 to AED 1,190,000. No original purchase price, registered transaction or dated market comparison was supplied, so DPF has not calculated a discount against any benchmark.

To judge the price, compare the rate of about AED 1,107 per sq ft against recent registered sales of two-bedroom units in Lum1nar Tower 3, and ask for the SPA showing the original purchase price and the amount already paid.

About the Project, Developer and Community

Lum1nar Tower 3 is a residential tower by Object 1 in District 2 of Jumeirah Village Triangle, part of the developer's Lum1nar project. It has 25 residential floors above five parking levels, with studios and one-, two- and four-bedroom apartments. The 1,075 sq ft size matches the developer's published Type A two-bedroom layout, listed with three bathrooms.

Published facilities include a swimming pool and children's pool, a gym, a clubhouse, an outdoor yoga lounge, an outdoor barbecue and kitchen area, indoor and outdoor children's play areas, landscaped gardens and rooftop recreation.

Jumeirah Village Triangle is a family-oriented residential community of villas, townhouses and low- to mid-rise apartment buildings, with parks and neighbourhood retail.

Layout, Floor and View

The agent describes a 1,075 sq ft two-bedroom unit somewhere between floors 7 and 12; the exact floor was not supplied. The developer publishes this layout with three bathrooms. View and parking were not supplied. Confirm the exact unit number, floor and view against the floor plan.

Payment Plan and Handover

The agent gives handover as February 2027. The developer's published target is June 2027, so confirm the current schedule with Object 1. The developer's published plans include options with 40% due on handover or 40% spread after handover. The plan attached to this unit and the amount already paid were not supplied; confirm both, together with the developer's resale or assignment requirements and fees, before committing.

Location and Connectivity

JVT has direct access to Sheikh Mohammed Bin Zayed Road, with routes towards Dubai Marina, Al Barsha and Downtown Dubai. Check actual drive times for your own routes during a site visit.

Verification Notes

• Agent-supplied: building, bedrooms, size, asking price, reduction from AED 1,250,000, floor range and handover.
• DPF-calculated: approx. AED 1,107 per sq ft.
• External research: developer, floors, unit mix, Type A layout, payment plan options, completion target and amenities from the Property Finder project page.
• Not verified: original purchase price, amount paid, exact floor and view, and handover date.