Urgent Sale | 2 BR in Lum1nar Tower 3

Overview of the deal

An owner is reselling a single 2-bedroom apartment in Lum1nar Tower 3, a tower by Object 1 in Jumeirah Village Triangle (JVT), before handover in February 2027. The asking price is AED 1,190,000. Buying from an existing owner is one of the simpler routes into the off-plan properties Dubai has to offer, because the unit and the full cost of transfer are known before you start.

The owner's details state no original purchase price and no discount, so this page makes no claim that the price is below the original price or market value. Resale units can be reserved, sold or repriced before a page is updated, so please verify the price, availability and all figures at enquiry.

The unit

• Type: apartment, 2 bedrooms

• Size: 1,075 sq ft

• Floor: between levels 7 and 12

• View: road

• Outdoor space: private balcony

• Handover: February 2027

The owner gives a floor range rather than an exact floor, so ask for the unit number and floor plan before you commit. A road view means an outlook over the street side of the building. For anyone after a 2 bedroom apartment Dubai couples or small families can live in, 1,075 sq ft gives two bedrooms, living space and a balcony.

The building and community

Lum1nar Tower 3 is developed by Object 1, a Dubai developer that describes its work as contemporary architecture, smart living concepts and design-focused homes. The tower is under construction, with completion set for February 2027, and sits in Jumeirah Village Triangle, a residential community usually shortened to JVT.

The owner's details list no building amenities, drive times or landmarks, so we have added none. Ask our team for the developer's amenity list and latest construction update.

Price, discount and payment position

The owner's cost sheet sets out what a buyer pays on transfer:

• Payment to seller: AED 1,190,000

• DLD transfer fee (4% + AED 40): AED 47,640

• Trustee office fee: AED 5,250

• Buyer's agency commission (2% + VAT): AED 24,990

• Total costs for buyer: AED 1,267,880

The sheet shows the full price paid to the seller at transfer and no developer instalments after it. Many resales instead pass the buyer a remaining payment plan Dubai developers set at launch, so confirm with the developer's statement of account that no balance is outstanding before you sign. With no discount stated, the fair test is to compare the price with recent sales of similar units in JVT.

Why this deal and for whom

The appeal is clarity: one unit, one price, a known handover month and every fee written down. That makes it easier to judge than many properties for sale in Dubai, where the payment position only becomes clear late in the process.

• End users who want a two-bedroom home with a balcony and a move-in date in early 2027

• Buyers who prefer one costed transfer to a long instalment schedule

• Buyers new to Dubai real estate who want to see each fee before deciding

No rental yield or resale value is promised. As with any Dubai property investment, the outcome depends on the market at handover and after.

What happens next

To buy property in Dubai through a resale, most people use a real estate agency Dubai buyers can rely on for the paperwork. With Mahboob Estate, the usual steps are:

• Confirm the unit is still available and the price is current

• Review the floor plan, the original sale and purchase agreement and the developer's statement of account

• Agree terms and sign a memorandum of understanding with the seller

• The developer issues a no objection certificate

• Complete the transfer at a trustee office and pay the amounts above

FAQ

Is this apartment priced below its original price?

No original price or discount is stated, so we make no below-market claim. We can share recent comparable sales in JVT.

When is handover?

February 2027. Construction timelines can move, so check the developer's latest update when you enquire.

What is the total cost to buy?

The owner's cost sheet totals AED 1,267,880, covering the price, DLD transfer fee, trustee office fee and agency commission.