Project details

Starting price AED 957,000 ≈ € 230,000 What will my monthly payments be?

Payment plan 60/40 60% during construction, 40% at handover

Handover Q4 2026 Handover soon

Bedrooms 1

Property type

Apartment

Floor area

68 to 94 m²

Developer

Object 1

Location

Jumeirah Village Triangle

About Lum1nar Tower 2

Modern 20-storey residential tower in Jumeirah Village Triangle
Luxury apartments with 1-bedroom layouts
Areas ranging from 68.1 m² to 93.83 m²
Completion anticipated in the fourth quarter of 2026
Developed by Object 1 Development, known for quality projects

Lum1nar Tower 2 at Jumeirah Village Triangle (Dubai): Luxury villas by Object 1 Development

Lum1nar Tower 2 is a new residential project in the heart of Jumeirah Village Triangle, one of Dubai’s most sought-after locations. Developed by Object 1 Development, this project offers a unique combination of modern architecture and high-quality finishes. The 20-storey tower is designed to facilitate a luxurious lifestyle with an emphasis on detail and comfort. The apartments are spacious and fitted with premium materials, making them perfectly suited to the needs of both expatriates and investors. With an anticipated completion in the fourth quarter of 2026, this project presents an excellent opportunity to invest in a growing market. The location is ideal due to its proximity to amenities and its tranquil environment, making it a perfect place to live or invest.

Villa types and layouts at Lum1nar Tower 2 Jumeirah Village Triangle (Dubai)

Lum1nar Tower 2 offers exclusively 1-bedroom apartments, making the project particularly suitable for individuals or young couples. The areas range from 68.1 m² to 93.83 m², ensuring a suitable option for every requirement. The apartments are designed with an open-plan living and kitchen area, spacious bathrooms, and large windows that allow for an abundance of natural light. The modern finishes and high-quality materials contribute to a luxurious aesthetic. Furthermore, the homes feature energy-efficient solutions, which are beneficial for both the environment and monthly running costs. The layout is optimised to make the most of every square metre. This makes Lum1nar Tower 2 an excellent choice for those seeking quality and comfort in an up-and-coming neighbourhood.

About the developer Object 1 Development and the Lum1nar Tower 2 design

Lum1nar Tower 2 is a project by Object 1 Development, a reputable developer in Dubai known for its focus on quality and innovation. The 20-storey building offers a wide range of amenities, including a swimming pool, fitness centre, and communal gardens. The architecture is modern and sleek, with a focus on sustainability and functionality. The developer has chosen to use premium materials, resulting in long-term property value. Object 1 Development is recognised for its reliability and timely project delivery, providing reassurance to investors. With Lum1nar Tower 2, the developer takes another step forward in offering high-quality living spaces in Dubai. This project is an example of how modern architecture and comfort can go hand in hand.

Prime location in Jumeirah Village Triangle (Dubai) near key Dubai destinations

Jumeirah Village Triangle, the location of Lum1nar Tower 2, is one of Dubai’s most desirable residential communities. The area is renowned for its green environment and tranquil atmosphere, while still being close to the vibrant city. In the immediate vicinity, you will find numerous amenities such as supermarkets, restaurants, and schools. Furthermore, the area is excellently connected to the rest of Dubai via major roads and public transport. The proximity to parks and recreational areas makes it an ideal place for those who enjoy the outdoors. Jumeirah Village Triangle is an emerging location with strong capital growth, making it an excellent choice for investors. With Lum1nar Tower 2, you not only acquire a luxury home but also a prime location that meets all needs.

Flexible payment plan for Lum1nar Tower 2 villas

The payment plan for Lum1nar Tower 2 is available upon request, meaning we are happy to inform you personally about the options. We can guide you through the entire process, from the initial payment to the final handover. The payment plan is typically flexible and tailored to the needs of investors, with options for staged payments. We are happy to advise you on the financial aspects. Furthermore, we can assist with obtaining a residence visa, if desired. Please feel free to contact us for a detailed overview of the payment plan and other terms and conditions. Our experts are ready to provide you with all the necessary information so you can make a well-informed decision.

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Payment plan for Lum1nar Tower 2

60%40%

60%

During construction, in instalments

AED 574,200

≈ € 138,000

40%

After handover

AED 382,800

≈ € 92,000

Percentages are based on the starting price and are indicative. The developer determines the exact instalments. Please contact us for more information about the payment plans.

Monthly payments and your own funds

How much do you need for Lum1nar Tower 2, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE? No, non-resident Yes, UAE resident

Purchase price AED 957,000 Finance at handover 40% Maximum 40%: 40% is due at handover, and banks generally finance no more than 50% for non-residents. Interest rate 3.6% Term 25 years

Monthly payments after handover

AED 1,937

≈ € 460 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan: AED 574,200≈ € 137,800
Your funds at handover: AED 0≈ € 0
Mortgage at handover: AED 382,800≈ € 91,900
Purchase costs4% DLD fee and mortgage costs: AED 43,935≈ € 10,500
Total funds required: AED 618,135≈ € 148,400

Request finance guidance for Lum1nar Tower 2

How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)	Maximum mortgage
First home up to AED 5m	80%
First home above AED 5m	70%
Second home or investment	60%
Off-plan, before handover	50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

About Object 1

Object 1 is a leading developer in Dubai, specialising in off-plan property projects. On this page, you will find a complete overview of all projects currently under development. From luxury apartments to modern villas, Object 1 offers diverse investment opportunities. One of the most talked-about projects is the recently announced Skyline Residence in Business Bay, with units starting from AED 1,200,000 and areas starting from 75 m².

In addition, Marina Heights is a popular project in Dubai Marina, where investors can benefit from sea and skyline views. Every Object 1 project is characterised by attention to detail, high-quality materials, and strategic locations. Are you interested in a specific project? Please contact us for more information.

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