
LUM1NAR by Object1 Development at Jumeirah Village Triangle(JVT), Dubai

Unit Type

Payment Plan

HandOver

Unit Type

Payment Plan

HandOver
Description
LUM1NAR is a modern residential development by Object1, located in the Jumeirah Village Triangle (JVT) in Dubai. The project features 196 one-bedroom apartments, with sizes ranging from 54 to 92 mยฒ.
Strategically situated between Sheikh Mohammed Bin Zayed Road and Al Khail Road, JVT offers excellent access to Dubaiโs major business, retail, and entertainment districts. The community is known for its lush landscapes and amenities like parks, sports facilities, and walking paths that enhance the outdoor lifestyle.
The architecture of LUM1NAR combines modern aesthetics with practical living spaces. The interiors are thoughtfully designed for maximum comfort and functionality, featuring kitchens with the latest appliances and contemporary finishes.
For investors, LUM1NAR represents a lucrative opportunity. The Jumeirah Village Triangle is known for its attractive ROI, with averages ranging from 4% to 7%. The strategic location and high-quality amenities make LUM1NAR particularly appealing to those looking for residential properties that promise good rental yields and appreciation potential.
LUM1NAR Location:
LUM1NAR by Object1 is centrally located in Jumeirah Village Triangle between Sheikh Mohammed Bin Zayed Road and Al Khail Road, providing easy access to Dubai’s key business, retail, and entertainment districts. The area features parks, sports facilities, and walking paths, enhancing the community-focused lifestyle.
Transportation is convenient with Al Furjan Metro Station a 12-minute drive away and nearby bus services, facilitating city-wide access. For drivers, the location allows for direct routes to major areas in Dubai, including a 35-minute drive to Dubai International Airport.
Nearby Areas:
- 03 Minutes to Al Khail Avenue Mall
- 05 Minutes to City Centre Al Barsha
- 05 Minutes to GEMS Metropole School
- 05 Minutes to Mediclinic ParkView Hospital
- 07 Minutes to Mall of the Emirates
- 15 Minutes to Meydan Racecourse
- 24 Minutes to Dubai Marina
- 35 Minutes to Dubai International Airport
LUM1NAR Amenities:
Residents of LUM1NAR Towers will benefit from a comprehensive array of amenities designed to cater to all lifestyle needs. These include a swimming pool, kids’ pool, gym, sauna, clubhouse, BBQ area, lush green parks, children’s play areas, and a range of sports facilities. Additionally, the development promises top-notch security with CCTV cameras installed throughout.
- Swimming Pool
- Kid’s Pool
- Gym
- Sauna
- BBQ Area
- Lush Green Parks
- Children’s Play Area
- Sports Facilities
- CCTV Cameras
LUM1NAR Floor Plan:
The floor plans of LUM1NAR by Object1 are designed to maximize space and functionality. Each one-bedroom apartment features a modern layout with high-quality finishings, ensuring a blend of comfort and style. The apartments range in size from 54 to 92 square meters, providing ample living space for individuals and small families.
LUM1NAR Payment Plan:
LUM1NAR at JVT offers an attractive payment plan to facilitate the buying process for investors and homebuyers. The plan typically requires a 20% down payment, followed by 40% of the payment during the construction phase and the remaining 40% due upon handover. This structured payment plan is designed to be easy and suitable for a wide range of buyers.
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GENERAL FAQ's
The DLD regulates all real estate activities in Dubai, ensuring transparency and legality. Key responsibilities include:
-Registering property transactions (sales, leases, mortgages).
– Issuing Title Deeds and managing the Real Estate Registry.
– Enforcing anti-fraud measures and resolving disputes through the Rental Dispute Centre.
– Mandating the use of certified trustees for off-plan project escrow accounts. For More information visit www.dubailand.gov.ae
You can check the status of a project through the Dubai Land Department (DLD) website or the Dubai REST app. Simply enter the project’s name or developer details to view updates, escrow account details, and progress reports. For More information visitย https://dubailand.gov.ae/en/eservices/real-estate-project-status-landing/real-estate-project-status/#/
RERA is a regulatory arm of DLD that oversees real estate laws, brokers, developers, and rental disputes in Dubai. For More information visit www.dubailand.gov.ae
RERAโs Escrow Account Law requires developers to deposit 100% of buyer funds into DLD-approved escrow accounts. Funds are released only after construction milestones are verified, minimizing project delays or cancellations. For More information visit www.dubailand.gov.ae
EOI (Expression of Interest) is a formal pre-booking commitment made by a buyer to express their serious interest in purchasing a property, especially in off-plan projects in Dubai. It is typically required before a project is officially launched.
It provides legal protections for property investors through various regulations such as Escrow Lawย (Law No. 8 2007) which ensures developers deposit funds into escrow accounts to prevent fraud and Law No. 13 of 2008 which regulates the interim property registration.
This body has been developed to oversee real estate transactions, resolve property-related disputes, and develop and enforce real estate laws to ensure stability and fairness.
People who own property in Dubai worth at least AED 2 million are eligible to obtain a Dubai Golden Visa
Yes. Non-residents can obtain mortgages in Dubai. It is possible for foreign nationals to purchase their dream home in Dubai through a mortgage.
First of all, you must be a citizen of a country which is on the bankโs list. A non-resident mortgage seeker must be a professional or self-employed. Meeting minimum age and income requirements is also necessary in most of the cases.
After completing the property purchasing process, you need to visit the Dubai Land Department (DLD, submit the required documents such as the sale agreement, proof of payment and no objection certificate and pay the registration fee to obtain the title deed of your purchased property.
Open the Dubai Rest App and select the dashboard option to bring my property wallet screen. Choose your property, add the required details and click on the purple circle to get the electronic copy of your title deed.
Yes. Property owners are allowed to give their properties as gifts in Dubai through a legal process.
You can check the status of a real estate development in Dubai by visiting the Dubai Land Department (DLD) website or using the Dubai Rest App.
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- Principal and Interest 0.00 AED
- Property Tax 0
- HOA fee 0
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Given our years of real estate experience, we understand that it is not easy to buy properties for sale in Dubai, especially for new buyers. It is challenging to find the perfect spot for investment amid thousands of investment opportunities.
However, Kelt and Co Realty has come up with a perfect solution. Now, an investor is not required to go through countless listings on different property-related websites. Kelt and Co Realty offers a one-stop solution. An investor just needs to complete this quick quiz to find the perfect investment option because all information related to off-plan property is available here.
You just need to follow simple steps on your screen to find the perfect option based on your specific demands and financial means. Choose the perfect offer and contact us!
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