Luminar Tower 1, Al Barsha South Fifth

    Sold Prices · DLD Data

    Luminar Tower 1

    Al Barsha South Fifth, Dubai · Jumeirah Village Triangle

    AED 1,370

    Avg Price / sqft

    AED 1.0M

    Avg Sale Price

    16

    DLD Sales Recorded

    7.3%

    Est. Gross Yield

    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 16 sales in the building, at an average price of AED 1.0M — around AED 1,370 per square foot.

    Since January 2026, 16 sales completed in Luminar Tower 1, with the average price per square foot moving from AED 1,248 to AED 1,499 (+20.1%). 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 7.3% 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+20.1%

    1,3161,5191,722Jan 26: AED 1,248/sqft · 5 salesJan 26Feb 26: AED 1,381/sqft · 4 salesFeb 26Mar 26: AED 1,790/sqft · 1 saleMar 26Apr 26: AED 1,331/sqft · 3 salesApr 26May 26: AED 1,474/sqft · 1 saleMay 26Jun 26: AED 1,396/sqft · 1 saleJun 26Jul 26: AED 1,499/sqft · 1 saleJul 26

    Unit types

    Prices by unit type

    1 Bed

    AED 1.0M

    AED 1,393/sqft

    15 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    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

    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 1,370 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 +20.1% per square foot since January 2026, across 16 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 7.3% gross per year, before service charges and fees.

    How many properties have sold in Luminar Tower 1?

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

    Considering Luminar Tower 1?

    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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