Object 1
A 20-storey JVT tower of 196 one and 1.5-bedroom apartments whose Q3 2026 handover has passed — completed, and now a resale rather than an off-plan purchase. Last portal-listed at AED 887,000 for a 576 sq ft one-bed.
This one is finished. The portal set handover at Q3 2026, that quarter closed on 30 September 2026, and the tower is now a completed building trading on the secondary market rather than an off-plan purchase. That changes the entire brief: there is no payment plan to negotiate, no construction risk to price, and no developer specification to take on trust — you can walk the corridor and see the finish. What is left to argue about is the price, the service charge and the condition of the specific unit. The portal’s last quoted figure was AED 887,000 for a 576 sq ft one-bedroom, or AED 1,540 per square foot, on a record refreshed in July 2025 — before completion, so treat it as history rather than as today’s asking price.The portal’s price records for this developer were last refreshed between July and November 2025, so every figure on this page is at least a year old by publication. Treat it as the shape of the pricing, not today’s price list.
LUM1NAR Tower 1 is one half of Object 1’s twin-tower pair in Jumeirah Village Triangle: 20 storeys, 196 apartments, one and 1.5-bedroom layouts, and the matte-glass-and-wood palette the developer uses across the LUM1NAR family. Its handover quarter has passed, which makes it the most useful building in this whole portfolio to look at if you are considering any of the others — it is the closest thing to a sample of how Object 1 actually finishes a tower.
What it costs now. The portal’s last record is a 576 sq ft one-bedroom at AED 887,000, or AED 1,540 per square foot. That figure was set before completion. Post-handover, the price is whatever the owner asks and whatever the market pays, and in JVT the honest way to arrive at it is registered sales in this building and the two or three nearest comparable towers, not the developer’s old list.
Why a completed tower is easier to buy. You can see the lobby, the pool, the gym and the lifts, and you can see what a year of residents has done to them. You can ask the owners’ association for the actual service charge rather than an estimate, check the snagging record, and read the title deed. In a district where most of what is for sale is a 2028 render, that is a real advantage — and the reason a completed Object 1 building should be the first place a cautious buyer looks.
What to watch. The 1.5-bedroom is an odd type on paper and a practical one in life: a second, smaller room that works as a study or a nursery. It narrows your buyer pool at resale but rents well to couples working from home. The bigger question is the service charge — twin towers with a shared podium can allocate costs in ways that surprise owners, so ask for the apportionment, not just the rate.
The honest read. A finished, modest, well-located JVT tower with a small-unit mix. It is the least exciting building on this page and probably the best value: no development risk, a visible finish and a rental market of singles and couples who want to be near JVC without paying JVC’s newer-building premiums.
Compiled November 2026 from Object 1’s own LUM1NAR Tower 1 project page (unit types, amenity list, area description) and the listing portal’s record (priced floor plan, 196 units, 20 storeys, handover). The handover quarter stated by the portal passed on 30 September 2026. The portal’s price records for this developer were last refreshed between July and November 2025, so every figure on this page is at least a year old by publication. Treat it as the shape of the pricing, not today’s price list. Not a valuation.
Two layouts, one priced publicly, in a completed building:
| Type | Portal size | Portal price | Per sq ft |
|---|---|---|---|
| 1-bedroom | 576 sq ft | AED 887,000 | AED 1,540 |
| 1.5-bedroom | not published | Ask for price | — |
At 576 sq ft the one-bedroom is genuinely compact — the sort of unit that lets quickly to a single professional and feels tight to a couple with a child. That is the trade at this price point, and it is why the 1.5-bedroom matters: it is the family option in a building that otherwise sells to singles.
Now that the building is complete, ignore the portal number as a price and use it as a benchmark. Ask any seller for the registered sale prices of the last three transactions in this tower, then price the view and the floor against those.
There is no payment plan, because there is nothing left to pay in instalments. A completed unit is bought for a price, in one or two movements, with a mortgage if you need one. That is the single biggest practical difference between this page and the other nine.
| Item | Rate | On the last portal-listed price |
|---|---|---|
| Purchase price | negotiated | AED 887,000 (portal, pre-completion) |
| DLD transfer fee | 4% | AED 35,480 |
| Agency commission | typically 2% | AED 17,740, negotiable |
| Trustee and admin fees | fixed | a few thousand dirhams |
| Service charge | annual | ask the owners’ association |
Budget about AED 940,000 on that price before legal and finance costs, then add the first year of service charge — which on a completed building you can obtain as a real number rather than an estimate. Ask for the current year’s budget and the previous year’s actuals, and compare the two: a gap tells you more about the building than the lobby does.
If the unit is tenanted, get the tenancy contract, the rent and the cheques schedule before you offer. A good tenant is worth paying slightly more for; a rent set two years ago is a hidden cost.

The developer lists lobby, swimming pool, children’s play room, outdoor lounge, BBQ area, clubhouse, pool deck with sun loungers and gym. The portal adds games room, lounge bar area, infinity pool, spa and sauna, yoga and meditation areas, retail and dining, and parking.
Here is the advantage of buying finished: you do not have to take either list on trust. Walk the podium, count the sun loungers, see whether the games room is being used, and look at the pool on a Friday afternoon. Amenities that are rendered beautifully and maintained badly are worse than no amenity at all, because you pay for them every year regardless.
Jumeirah Village Triangle is a low-density district of townhouses and mid-rise buildings between Al Khail Road, Umm Suqeim Street and the Dubai-Al Ain corridor, next to JVC and a short drive from Sports City. Schools, clinics and supermarkets sit inside the triangle, and the street layout is calmer than the circle next door.
The commute is the reason most tenants are here: Al Khail Road reaches Media City, Internet City and Al Barsha without crossing the centre, and the Dubai-Al Ain corridor serves the inland districts. There is no metro, so a car is assumed by everyone who lives here.
For rental demand, JVT works best at the smaller end: one-bedrooms and studies let to single professionals and couples, often people working in the media and tech free zones. That is exactly the unit this tower was built around, which is why a completed LUM1NAR one-bedroom is a more reliable income asset than a larger off-plan unit in the same district.
For the wider area see our Jumeirah Village Triangle guide.
Yes. The portal set handover at Q3 2026, a quarter that closed on 30 September 2026, and the building is now complete and trading on the secondary market. Confirm the completion certificate and the individual unit’s handover date with the seller.
The last portal figure was AED 887,000 for a 576 sq ft one-bedroom (about AED 1,540 per square foot), recorded in July 2025 before completion. Today’s price is negotiated with the owner; use registered sales in the building as your benchmark.
There is none – a completed unit is bought for a price rather than in instalments. Budget 4% DLD and about 2% agency on top, plus the first year of service charge.
One-bedroom and 1.5-bedroom apartments across 20 floors, 196 units in total. The 1.5-bedroom is effectively a one-bed with a study or small second room.
Not published – but unlike an off-plan tower you can get the real number from the owners’ association, along with the previous year’s actuals. Ask how costs are split between the two LUM1NAR towers.
It is a small-unit building in a district with steady demand from single professionals and couples, with no development risk left to price. Check current rents and vacancy in the building itself before relying on any yield.
Pool, gym, clubhouse, children’s play room, BBQ area and outdoor lounge per the developer, with a games room, lounge bar, spa, yoga area and retail added by the portal. In a completed building you can inspect all of it.
Tell us the unit and budget. We will pull the registered comparables in the building, check the title and completion certificate, read the service-charge budget with you, and inspect the unit – including the case against.
One enquiry, answered by a person. Current price list, unit availability, service-charge estimate and our honest read on the numbers — within one working day.