Luminar Tower 1, Al Barsha South Fifth

Sold Prices · DLD Data

Luminar Tower 1

Al Barsha South Fifth, Dubai · Jumeirah Village Triangle

AED 1,387

Avg Price / sqft

AED 1.0M

Avg Sale Price

18

DLD Sales Recorded

6.6%

Est. Gross Yield

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Market snapshot

Luminar Tower 1 — the numbers

Luminar Tower 1 is a residential building in Al Barsha South Fifth, Dubai with approximately 200 units. Dubai Land Department records show 18 sales in the building, at an average price of AED 1.0M — around AED 1,387 per square foot.

Since January 2026, 14 sales completed in Luminar Tower 1, with the average price per square foot moving from AED 1,248 to AED 1,511 (+21%). That upward drift suggests sellers currently hold pricing power here.

Benchmarked against average residential rents in Al Barsha South Fifth, a typical unit in Luminar Tower 1 returns an estimated 6.6% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Barsha South Fifth.

Figures are from Dubai Land Department transaction records for Luminar Tower 1; individual units vary by floor, view and finish. Gross yield is estimated against average Al Barsha South Fifth residential rents, before service charges.

Price trend

Price trend in Luminar Tower 1

Average sale price per sqft by month since January 2026 (single-sale months excluded)+21%

1,2811,3801,478Jan 26: AED 1,248/sqft · 5 salesJan 26Feb 26: AED 1,381/sqft · 4 salesFeb 26Apr 26: AED 1,331/sqft · 3 salesApr 26Jul 26: AED 1,511/sqft · 2 salesJul 26

Unit types

Prices by unit type

1 Bed

AED 1.0M

AED 1,409/sqft

17 sales · last 12 months

Transactions

Recent sold prices

DateTypeBedsSize (sqft)PriceAED/sqft
08 Sept 2026Sales1577AED 884KAED 1,533
29 Jul 2026Sales1712AED 1.1MAED 1,522
03 Jul 2026Sales1995AED 1.5MAED 1,499
08 Jun 2026Sales1995AED 1.4MAED 1,396
13 May 2026Sales1995AED 1.5MAED 1,474
28 Apr 2026Sales1995AED 1.0MAED 1,049
17 Apr 2026Sales1757AED 1.1MAED 1,472
17 Apr 2026Sales1757AED 1.1MAED 1,472
05 Mar 2026Sales1575AED 1.0MAED 1,790
18 Feb 2026Sales1757AED 937KAED 1,238
18 Feb 2026Sales1575AED 822KAED 1,430
18 Feb 2026Sales1578AED 828KAED 1,431
11 Feb 2026Sales1577AED 822KAED 1,426
29 Jan 2026Sales1577AED 928KAED 1,609
20 Jan 2026Sales1575AED 865KAED 1,505
14 Jan 2026Sales1995AED 1.0MAED 1,049
14 Jan 2026Sales1577AED 606KAED 1,051
13 Jan 2026Sales-1,121AED 1.2MAED 1,027

About the area

Luminar Tower 1 is in JVT

Jumeirah Village Triangle (JVT) is a meticulously planned community in Dubai, developed by a consortium of reputable developers including Ellington Properties and Damac Properties. This vibrant neighborhood is designed to cater to a diverse demographic, including families and young professionals, offering a harmonious blend of residential and commercial spaces that foster a sense of community.

Explore the JVT area guide

Nearby

Other buildings in Al Barsha South Fifth

Interstellar Tower

Al Barsha South Fifth · 253 sales · AED 1.7M avg

Sol Levante

Al Barsha South Fifth · 220 sales · AED 1.4M avg

Binghatti Luxuria

Al Barsha South Fifth · 209 sales · AED 1.1M avg

Voxa Residences

Al Barsha South Fifth · 199 sales · AED 1.1M avg

Elaris Sky

Al Barsha South Fifth · 137 sales · AED 1.1M avg

Sky Gate Tower

Al Barsha South Fifth · 104 sales · AED 737K avg

Binghatti Flare 02

Al Barsha South Fifth · 101 sales · AED 1.6M avg

Binghatti Flare 01

Al Barsha South Fifth · 62 sales · AED 1.6M avg

Leven Residences

Al Barsha South Fifth · 53 sales · AED 1.2M avg

FAQ

Luminar Tower 1: frequently asked questions

What is the average price in Luminar Tower 1?

The average recorded sale price in Luminar Tower 1, Al Barsha South Fifth is AED 1.0M, around AED 1,387 per square foot, based on Dubai Land Department transaction data.

Are prices in Luminar Tower 1 going up or down?

Average sale prices in Luminar Tower 1 have risen +21% per square foot since January 2026, across 14 DLD-recorded sales.

What rental yield can I expect in Luminar Tower 1?

Based on average Al Barsha South Fifth residential rents against sale prices in the building, a typical unit in Luminar Tower 1 yields roughly 6.6% gross per year, before service charges and fees.

How many properties have sold in Luminar Tower 1?

18 sales have been recorded in Luminar Tower 1 according to DLD data, across approximately 200 units.

Considering Luminar Tower 1?

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