Luminar Tower 3, Al Barsha South Fifth

Sold Prices · DLD Data

Luminar Tower 3

Al Barsha South Fifth, Dubai · Jumeirah Village Triangle

AED 1,325

Avg Price / sqft

AED 1.4M

Avg Sale Price

14

DLD Sales Recorded

6.9%

Est. Gross Yield

Market snapshot

Luminar Tower 3 — the numbers

Luminar Tower 3 is a residential building in Al Barsha South Fifth, Dubai with approximately 188 units. Dubai Land Department records show 14 sales in the building, at an average price of AED 1.4M — around AED 1,325 per square foot.

Since January 2026, 14 sales completed in Luminar Tower 3, with the average price per square foot moving from AED 1,349 to AED 1,407 (+4.3%). 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 3 returns an estimated 6.9% 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 3; 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 3

Average sale price per sqft by month since January 2026+4.3%

1,0951,2291,362Jan 26: AED 1,349/sqft · 6 salesJan 26Feb 26: AED 1,382/sqft · 1 saleFeb 26Apr 26: AED 1,050/sqft · 1 saleApr 26Jun 26: AED 1,368/sqft · 1 saleJun 26Sep 26: AED 1,313/sqft · 4 salesSep 26Oct 26: AED 1,407/sqft · 1 saleOct 26

Unit types

Prices by unit type

Studio

AED 697K

AED 1,258/sqft

3 sales · last 12 months

1 Bed

AED 959K

AED 1,258/sqft

6 sales · last 12 months

2 Bed

AED 1.4M

AED 1,272/sqft

2 sales · last 12 months

3 Bed

AED 2.6M

AED 1,368/sqft

2 sales · last 12 months

Transactions

Recent sold prices

DateTypeBedsSize (sqft)PriceAED/sqft
06 Oct 2026Sales1771AED 1.1MAED 1,407
24 Sept 2026Sales0553AED 750KAED 1,356
24 Sept 2026Sales21,114AED 1.4MAED 1,285
24 Sept 2026Sales21,075AED 1.4MAED 1,259
14 Sept 2026Sales31,843AED 2.5MAED 1,353
17 Jun 2026Sales0553AED 757KAED 1,368
27 Apr 2026Sales1847AED 889KAED 1,050
09 Feb 2026Sales31,983AED 2.7MAED 1,382
21 Jan 2026Sales1701AED 737KAED 1,050
21 Jan 2026Sales1701AED 737KAED 1,050
21 Jan 2026Sales0555AED 583KAED 1,050
15 Jan 2026Sales1771AED 1.1MAED 1,437
15 Jan 2026Sales1771AED 1.2MAED 1,556
12 Jan 2026Sales-1,697AED 3.3MAED 1,952

About the area

Luminar Tower 3 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 3: frequently asked questions

What is the average price in Luminar Tower 3?

The average recorded sale price in Luminar Tower 3, Al Barsha South Fifth is AED 1.4M, around AED 1,325 per square foot, based on Dubai Land Department transaction data.

Are prices in Luminar Tower 3 going up or down?

Average sale prices in Luminar Tower 3 have risen +4.3% per square foot since January 2026, across 14 DLD-recorded sales.

What rental yield can I expect in Luminar Tower 3?

Based on average Al Barsha South Fifth residential rents against sale prices in the building, a typical unit in Luminar Tower 3 yields roughly 6.9% gross per year, before service charges and fees.

How many properties have sold in Luminar Tower 3?

14 sales have been recorded in Luminar Tower 3 according to DLD data, across approximately 188 units.

Considering Luminar Tower 3?

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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