Lum1nar Property Development By Object 1 CONTEMPORARY DEVELOPMENT

Last Updated on: 7th November 2024, 04:44 am

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Lum1nar is a premier residential project developed by Object 1 CONTEMPORARY DEVELOPMENT, situated in the desirable Jumeirah Village Triangle (JVT) area of Dubai. This exclusive property development sets a new standard in luxury real estate, showcasing modern architecture and sustainable design elements. With Lum1nar’s carefully designed apartments, residents can expect meticulously crafted living spaces that redefine contemporary living, blending elegance and functionality to meet diverse lifestyle needs. The project features a total of 196 one-bedroom apartments, ranging in size from 54 to 92 square meters, with a starting price of 765,888 AED (approximately $208,500). Furthermore, the anticipated handover date is set for Q3 2026, providing ample time for future homeowners to prepare for their new luxurious living environment¹².

Key Takeaways

• Lum1nar offers 196 one-bedroom apartments with modern architecture.
• Apartment sizes range from 54 to 92 square meters.
• Starting price for the apartments is 765,888 AED (approximately $208,500).
• Anticipated handover date is Q3 2026.
• ROI for properties in Jumeirah Village Triangle averages between 4% to 7%.
• Nearby transportation options include Al Furjan Metro Station, just a 12-minute drive away.
• Only a 35-minute drive to reach Dubai International Airport.

Overview of Lum1nar Property Development

Lum1nar Property Development represents a modern approach to residential living within the vibrant community of Jumeirah Village Triangle. Developed by Object 1 Contemporary Development, this project emphasizes luxury and sustainability in every aspect. With innovative architectural design, these residential properties are crafted to meet both aesthetic and practical needs.

About Object 1 Contemporary Development

Object 1 is recognized for its excellence in crafting high-end real estate that blends modern comfort with luxury living. Their latest venture, Lum1nar, is a prime example of their commitment to sustainable development, providing a thoughtful design that resonates with today’s urban lifestyle. This dedication is reflected in the comprehensive amenities and the overall living experience at Lum1nar Tower 1.

Location and Accessibility

Conveniently situated within Jumeirah Village Triangle, Lum1nar Tower 1 benefits from excellent connectivity via major roads. Residents enjoy easy access to Sheikh Mohammed Bin Zayed Road (E311) and Al Khail Road (E44), simplifying commutes to critical areas including Emirates Hills, Jumeirah Lake Towers, and Dubai Marina. The strategic position of this property ensures a blend of tranquility and accessibility, essential for modern living.Discover more about this prime location.

Project Timeline and Delivery Dates

Lum1nar Tower 1 is a 25-storey development featuring a total of 196 one-bedroom apartments, with prices starting at AED 887,000, making it an attractive option for potential buyers³⁴. The project is set for completion in Q3 2026, offering freehold ownership, allowing buyers full control over their investment³. With payment plans designed for affordability, including a 20% down payment and 60% payable during construction, this initiative aims to facilitate a smooth purchasing process⁴.

Lum1nar: A Blend of Luxury and Modern Design

Lum1nar Tower 1 exemplifies luxury living through its stunning modern architecture and exceptional design features. From the exterior to the interior, the development seamlessly combines aesthetic appeal with practical comfort, making it a sought-after choice in residential properties.

Architectural Features and Interior Design

The architectural design of Lum1nar Tower 1 emphasizes a contemporary style that meets functional living needs. Residents will enjoy high-end finishes that create an atmosphere of sophistication and warmth. Elements such as matte glass panels and warm wooden accents evoke a sense of refined elegance throughout each unit.

Available Unit Types and Sizes

Lum1nar Tower 1 offers a range of unit types tailored for modern living. The available options include:

This diverse range ensures that potential homeowners can find the perfect fit for their lifestyle and budget. The completion of Lum1nar Towers is anticipated in Q3 2026, presenting an excellent opportunity for investment in this luxurious community⁵⁶.

Amenities for Enhanced Living Experience

One of the standout features of Lum1nar Tower 1 is its comprehensive amenities designed for an enhanced living experience. Residents can enjoy a:

• Swimming pool with city views
• Fitness center
• Kids swimming pool and playroom
• Outdoor yoga lounge
• Gaming room and clubhouse
• Outdoor BBQ and kitchen
• Lush gardens
• 24/7 security

This array of amenities caters to both relaxation and active living, fostering a vibrant community environment. Living in Lum1nar Tower 1 ensures residents have everything they need right at their fingertips⁶.

Conclusion

Lum1nar by Object 1 CONTEMPORARY DEVELOPMENT represents an exceptional choice in luxury real estate, perfectly marrying contemporary design with modern living. Nestled in the heart of Jumeirah Village Triangle, this 25-storey residential development is set to redefine urban living, with completion anticipated in Q3 2026. With an enticing starting price of AED 765,888 for one-bedroom apartments that range from 54 to 92 square meters, it provides an attractive entry point for both domestic and international buyers looking for promising investment potential⁷.

Investors can expect returns on investments between 4% to 7%, highlighting the lucrative nature of properties in this vibrant community⁷. Prospective buyers will find a range of amenities, including a state-of-the-art fitness center, beautifully landscaped gardens, and a rooftop pool, ensuring a lifestyle that emphasizes both comfort and leisure⁸. With nearby attractions such as Al Khail Avenue Mall just minutes away, residents will enjoy unparalleled access to shopping, dining, and education, making Lum1nar an ideal choice

.

As the property continues to develop, what stands out the most is Lum1nar’s commitment to sustainability and community living, offering families and professionals a stylish haven in Dubai’s growing property market. For more detailed insights and to explore the investment opportunities Lum1nar has to offer, you can visit this link. With such exceptional offerings, Lum1nar remains a top contender in today’s competitive luxury real estate landscape⁹.

Source Links

1. https://insiderealty.ae/en/projects/object1-lum1nar-jvt-jumeirah-village-triangle-dubai
2. https://keltandcorealty.com/property/lum1nar-by-object1/
3. https://dandbdubai.com/property-insights/lum1nar-tower-1-by-object-one-redefining-luxury-living-in-dubai/1514
4. https://topluxuryproperty.com/ae/dubai-projects/lum1nar-towers-at-jvt-dubai/
5. https://offplanpropertiesdubai.ae/projects/lum1nar-towers-in-jvt-dubai/
6. https://blac-co.com/lum1nar-tower1/
7. https://homes4life.ae/blog/luminar/
8. https://theinfinixrealestate.com/properties/lum1nar-tower-1-at-jvt-by-object-1-development-2/
9. https://myoffplaninvestment.com/property/lum1nar-tower-1-at-jvt-by-object-one/