LUM1NAR Tower 1 by Object One: A Comprehensive Review of Dubai’s Latest Icon

LUM1NAR Tower 1 marks the latest addition to Dubai’s skyline, nestled in the heart of Jumeirah Village Triangle. This 25-storey residential marvel, developed by Object One Real Estate Development, is setting new benchmarks for luxury living in Dubai. With LUM1NAR Tower 1 promising a unique blend of comfort and elegance through its one-bedroom apartments, it’s clear why this launch, scheduled for April 2024, is highly anticipated. The project, alongside LUM1NAR Towers 2 and 3, encapsulates sophisticated living amidst Dubai’s dynamic backdrop.

Being part of the trio that forms LUMINAR Towers, LUM1NAR Tower 1 stands out not just for its architectural brilliance but also for its strategic allure and investment potential. As you delve into this comprehensive review, you’ll explore key highlights that distinguish LUM1NAR Tower 1 and its siblings, understand the luxurious amenities and lifestyle awaiting its residents, get insights into its strategic location, and learn about the promising investment opportunities it presents. Additionally, guidance on securing your unit in this prestigious development will be provided, ensuring you have all the necessary information at your disposal.

Key Highlights of LUM1NAR Towers

LUM1NAR Tower 1, along with its sister towers, LUM1NAR Tower 2 and LUM1NAR Tower 3, forms a trio of architectural marvels that redefine luxury living in Dubai. Each 25-storey building is meticulously designed to cater to the upscale lifestyle of its residents, offering one-bedroom units that blend modern aesthetics with functionality.

Modern Design and High-Quality Finishes

The architectural design of LUM1NAR Towers is a testament to modern luxury, featuring high-quality finishes and cutting-edge detailing. The buildings boast floor-to-ceiling windows that not only enhance the aesthetic appeal but also offer panoramic views of the vibrant cityscape. The fully equipped kitchens and luxurious bathrooms are fitted with the latest appliances and chic finishings, ensuring every home is a sanctuary of comfort and style.

Comprehensive Amenities for a Premium Lifestyle

Residents of LUM1NAR Towers enjoy access to a wide range of amenities that cater to both relaxation and active lifestyles:

• Balcony and Barbecue Area: Each apartment comes with a private balcony, offering a perfect space for relaxation or hosting intimate gatherings with a designated barbecue area.
• Children’s Play Area and Shared Gym: Families benefit from thoughtfully designed children’s play areas and state-of-the-art gym facilities, promoting a healthy and active lifestyle.
• Shared Pool and Restaurant: The shared pool area is an oasis of tranquility, ideal for cooling off on hot days, while the on-site restaurant serves a variety of culinary delights, adding convenience and luxury to everyday living.

Strategic Architectural Planning

The master plan of LUM1NAR Towers incorporates ingenious architectural layouts with each unit crafted to maximize space and functionality. The interior designs are focused on delivering optimal comfort, making each apartment not just a house but a home. With each building rising 25 floors high, the development is designed to accommodate 196 one-bedroom apartments, ensuring exclusivity and privacy.

Investment Potential and Ownership

LUM1NAR Towers is not only a perfect home but also a promising investment opportunity in Dubai’s thriving real estate market. The project is a freehold venture, allowing expats and international investors to acquire property with 100% ownership. Prospective buyers can choose from apartments ranging in size from 54 to 92 square meters, with prices starting at an accessible point of 765,888 AED.

Planned Completion and Facilities

The estimated handover date for LUM1NAR Towers is set for Q3 2026, promising timely delivery of this prestigious project. Each tower will feature a basement level dedicated to parking and essential services, ensuring practicality and convenience are at the forefront of the development’s design.

LUM1NAR Towers, by Object One Real Estate Development, stands as a beacon of modern living in Dubai, offering residents a blend of luxury, comfort, and convenience in the heart of Jumeirah Village Triangle. With its strategic location, comprehensive amenities, and thoughtful design, it represents a premier lifestyle choice and an excellent investment opportunity.

Amenities and Lifestyle

Living in LUM1NAR Towers means embracing a lifestyle where convenience and luxury meet. The development is strategically surrounded by essential facilities and leisure spots, ensuring that everything you need is just a stone’s throw away. Here’s a detailed look at the amenities and lifestyle options that LUM1NAR Towers offers:

Comprehensive Nearby Facilities

LUM1NAR Towers is positioned ideally to cater to all your needs, with several key facilities located within close proximity:

• Parks and Recreation: Just minutes away, you can enjoy lush green parks ideal for family picnics and morning jogs.
• Educational Institutions: Top-rated kindergartens and primary schools are within a 5-minute drive, making it convenient for families with young children.
• Healthcare: Mediclinic ParkView Hospital, a state-of-the-art medical facility, is also just a 5-minute drive away.
• Shopping and Dining: From Al Khail Avenue Mall to the iconic Mall of the Emirates, shopping and dining venues are abundant and varied.
• Transportation: Public transit stations nearby ensure that you are always connected to the rest of Dubai.

Exclusive On-Site Amenities

The towers themselves are a hub of activity and relaxation, designed to cater to every aspect of modern living:

• Health and Wellness: A fully equipped gym, jogging tracks, and sports facilities are on-site to keep you fit and active.
• Leisure and Social Spaces: The clubhouse and BBQ area are perfect for social gatherings, while the lush green surroundings offer a serene escape from the city bustle.
• Family and Community: Children’s play areas and pools make LUM1AR Towers family-friendly, fostering a strong community spirit.

Luxury and Convenience

Each aspect of LUMIAR Towers is designed with the utmost attention to detail:

• Security: Round-the-clock CCTV surveillance and superior security measures ensure your safety and peace of mind.
• Parking and Accessibility: Ample parking space and easy access to major roads make commuting hassle-free.
• Shopping and Dining: With retail outlets and dining options right at your doorstep, convenience is maximized.

Living at LUM1NAR Towers not only provides a luxurious home but also offers a lifestyle that caters to all facets of modern urban living. Whether you’re a professional seeking a well-connected urban hub or a family looking for a safe and vibrant community, LUM1NAR Towers delivers on all fronts.

The Strategic Location of LUM1NAR Towers

LUM1NAR Tower 1, strategically positioned in Jumeirah Village Triangle (JVT), offers an exceptional location that combines the tranquility of suburban living with the convenience of urban access. This prime location is nestled between two of Dubai’s arterial roads, Sheikh Mohammed Bin Zayed Road and Al Khail Road, making it a gateway to the city’s major business, retail, and entertainment districts.

Easy Access to Key Locations

LUM1NAR Towers’ location ensures you are never far from Dubai’s essential services and attractions. Here’s how quickly you can reach some key spots:

1. Al Khail Avenue Mall: 3 minutes
2. City Centre Al Barsha: 5 minutes
3. Mall of the Emirates: 7 minutes
4. Mediclinic ParkView Hospital: 5 minutes
5. GEMS Metropole School: 5 minutes
6. Dubai Marina: 24 minutes
7. Dubai International Airport: 35 minutes

These quick drives to major hubs make LUM1NAR Towers ideal for those who value convenience and time efficiency.

Proximity to Public Transport

Accessibility is further enhanced by the proximity to major public transportation links. Al Furjan Metro Station is just a 12-minute drive away, facilitating easy and quick access to the rest of the city. This connectivity is crucial for professionals who need a reliable and efficient commute.

A Hub for Business and Leisure

Dubai, known as a global business hub, offers LUM1NAR Towers residents easy access to international markets and a thriving business environment. The city’s strategic time zone overlaps with major business centers around the world, enabling effective global business operations. Additionally, Dubai’s robust infrastructure supports a dynamic lifestyle with state-of-the-art telecommunication facilities, extensive road networks, and world-class business parks.

Community Amenities and Attractions

JVT is not just strategically important but also rich in amenities. The community provides a comprehensive living experience with access to high-quality healthcare, education, and leisure facilities. Whether it’s a weekend family outing at the nearby parks or a day out shopping at luxury malls, everything you need is just a short drive away.

LUM1NAR Towers stands as a testament to thoughtful urban planning and strategic geographical placement in Dubai. Its location in JVT enhances both the lifestyle of its residents and their investment potential, making it a coveted address in one of the world’s most vibrant cities.

Investment Potential

LUM1NAR Tower 1 emerges as a lucrative opportunity for both seasoned investors and first-time buyers, thanks to its strategic positioning in Dubai’s Jumeirah Village Triangle and its array of high-quality amenities. Here’s a closer look at why investing in LUM1NAR Tower 1 could be advantageous:

Attractive Return on Investment (ROI)

Investors can anticipate an average ROI between 4% and 7% for properties within Jumeirah Village Triangle, with LUM1NAR Tower 1 leading the charge. Specifically, one-bedroom apartments at LUM1NAR Tower 1 are projected to offer returns of 6.60%, while studio apartments present an even more impressive ROI of 7.66%.

Freehold Ownership

A key advantage for international investors is LUM1NAR Tower 1’s freehold status, which allows expatriates and foreign nationals to own property outright. This is a significant benefit in Dubai, where freehold properties are highly sought after for their investment value.

No Commission or Fees

Potential buyers have the opportunity to purchase directly from the developer, eliminating the need for commission or additional fees. This direct purchasing option not only simplifies the buying process but also enhances the investment’s affordability.

Flexible Payment Plans

LUM1NAR Tower 1 offers an attractive 60:40 payment plan, which includes:

• 20% Down Payment: Initial booking amount, securing your investment.
• 40% During Construction: Spread over the construction period, easing the financial burden.
• 40% Upon Handover: The final installment, due upon receiving the keys to the property.

This structured payment plan is designed to accommodate investors and homebuyers by spreading the financial commitment over several phases.

Strategic Location and High-Quality Amenities

The strategic location of LUM1NAR Tower 1 enhances its appeal, positioned conveniently between major arterial roads and close to essential services and attractions. Combined with the comprehensive suite of amenities offered within the towers, these factors make LUM1NAR Tower 1 not just a comfortable residence but a promising investment.

Investing in LUM1NAR Tower 1 offers a blend of luxury living and promising financial returns, making it a standout option in Dubai’s real estate market. Whether you are looking to expand your investment portfolio or seeking a prestigious home in Dubai, LUM1NAR Tower 1 presents a compelling choice.

How to Secure Your Unit

Securing a unit in LUM1NAR Towers is a straightforward process designed to be as hassle-free as possible. Here are the steps you can follow to ensure you don’t miss out on this prime investment opportunity:

Contact Our Experts

Begin by reaching out to our dedicated property advisors who are available to guide you through the purchasing process and answer any questions you may have. You can:

• Register your interest by filling out a form on our website or directly contacting us via phone or email.
• Request a call or schedule a call at a time that suits you, to discuss all details including payment plans, amenities, and any special offers currently available.

Review and Choose Your Payment Plan

LUM1NAR Tower 1 offers an attractive 60:40 payment plan which is structured as follows:

• 20% Booking Amount: Payable upon booking your unit to secure it.
• 60% During Construction: This amount is spread across the construction period, easing the financial burden.
• 40% On Handover: The final installment, due upon completion and handover of the unit.

Direct Purchase from the Developer

To streamline the process and make it more cost-effective:

• No Commission or Additional Fees: When you buy directly from the developer, you avoid any extra charges, ensuring transparency and savings.
• Multiple Payment Modes: For your convenience, we accept various payment modes including Cash, BitCoin, Bank Cards, and Cheques.

Download Necessary Documents

For more detailed information:

• Brochures and Floor Plans: Available for download on our website, these documents provide a comprehensive overview of the project, including detailed floor plans and amenities.
• Payment Plan Details: Specifics about the payment structure can also be found in our downloadable content.

Finalize Your Purchase

Once you decide to proceed:

• Contact Details: You can finalize your purchase by contacting us at +971 58 883 4756 or via email at [email protected].
• Service Charges: The estimated service charge is 15 AED per square foot per year, providing you with clarity on the ongoing costs.

By following these steps, securing your unit at LUM1NAR Tower 1 can be a seamless and rewarding experience. Whether you are an investor seeking lucrative returns or a homebuyer looking for a luxurious residence in Dubai, LUM1NAR Towers offers a compelling choice.

Conclusion

Throughout this article, we have journeyed through the exceptional features, strategic architectural planning, and investment potential that LUM1NAR Tower 1 offers in the heart of Dubai’s Jumeirah Village Triangle. Emphasizing its sophisticated blend of luxury, comfort, and strategic location, LUM1NAR Tower 1 emerges not only as an ideal residence in the bustling city of Dubai but also as a promising investment opportunity with compelling returns. The array of amenities, from state-of-the-art fitness centers to serene community spaces, alongside the development’s meticulous design, exemplifies modern urban living at its finest.

The significance of LUM1NAR Tower 1 extends beyond its architectural marvel, reflecting on the vibrancy and dynamic spirit of Dubai’s real estate landscape. As we look towards the scheduled completion in Q3 2026, LUM1NAR Tower 1 stands as a beacon of luxury living and investment foresight. For those seeking to immerse themselves in the pivot of contemporary elegance and robust investment potential, LUM1NAR Tower 1 offers a unique and prestigious opportunity. This development is not just a residence; it is a gateway to experiencing Dubai’s affluent lifestyle and a promising avenue for investors aiming for strategic expansion within one of the world’s most lucrative real estate markets.

FAQs

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