Luminar Tower 2, Al Barsha South Fifth

Sold Prices · DLD Data

Luminar Tower 2

Al Barsha South Fifth, Dubai · Jumeirah Village Triangle

AED 1,408

Avg Price / sqft

AED 1.4M

Avg Sale Price

5

DLD Sales Recorded

6.5%

Est. Gross Yield

Market snapshot

Luminar Tower 2 — the numbers

Luminar Tower 2 is a residential building in Al Barsha South Fifth, Dubai with approximately 168 units. Dubai Land Department records show 5 sales in the building, at an average price of AED 1.4M — around AED 1,408 per square foot.

Since January 2026, 5 sales completed in Luminar Tower 2, with the average price per square foot moving from AED 1,370 to AED 1,384 (+1%). Prices have held broadly steady, a sign of a balanced market in the tower.

Benchmarked against average residential rents in Al Barsha South Fifth, a typical unit in Luminar Tower 2 returns an estimated 6.5% 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 2; 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 2

Average sale price per sqft by month since January 2026+1%

1,3901,4501,510Jan 26: AED 1,370/sqft · 2 salesJan 26Mar 26: AED 1,530/sqft · 1 saleMar 26May 26: AED 1,384/sqft · 2 salesMay 26

Unit types

Prices by unit type

1 Bed

AED 859K

AED 1,454/sqft

2 sales · last 12 months

2 Bed

AED 1.7M

AED 1,377/sqft

3 sales · last 12 months

Transactions

Recent sold prices

DateTypeBedsSize (sqft)PriceAED/sqft
22 May 2026Sales21,262AED 1.8MAED 1,392
18 May 2026Sales1581AED 800KAED 1,377
31 Mar 2026Sales1600AED 918KAED 1,530
12 Jan 2026Sales21,271AED 1.7MAED 1,348
05 Jan 2026Sales21,271AED 1.8MAED 1,392

About the area

Luminar Tower 2 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

FAQ

Luminar Tower 2: frequently asked questions

What is the average price in Luminar Tower 2?

The average recorded sale price in Luminar Tower 2, Al Barsha South Fifth is AED 1.4M, around AED 1,408 per square foot, based on Dubai Land Department transaction data.

Are prices in Luminar Tower 2 going up or down?

Average sale prices in Luminar Tower 2 have risen +1% per square foot since January 2026, across 5 DLD-recorded sales.

What rental yield can I expect in Luminar Tower 2?

Based on average Al Barsha South Fifth residential rents against sale prices in the building, a typical unit in Luminar Tower 2 yields roughly 6.5% gross per year, before service charges and fees.

How many properties have sold in Luminar Tower 2?

5 sales have been recorded in Luminar Tower 2 according to DLD data, across approximately 168 units.

Considering Luminar Tower 2?

Get honest, DLD-backed guidance on pricing, yields and availability in Al Barsha South Fifth from Binayah's advisors — no pressure, just the numbers.

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