Home / Projects / Luminar Tower 2
Latest DLD inspection photo of Luminar Tower 2
Latest inspection · 2026-07-30 · DLD inspection
Planned handover2026-10-27
SourceDLD · daily

The road to keys — registry facts, our forecast

Registered start
2024-08-27
in the DLD registry
Today
30.8%
last inspected 2026-07-22
Pace forecast
Day 7 of 7
unlocks as daily tracking accrues
Planned handover
2026-10-27
developer's official date

Investor snapshot — estimated yield

6.5%estimated gross rental yield

1,392/sqft median sale price (this project)

91/sqft/yr median rent in Al Barsha South Fifth

Estimate: area-wide median rent ÷ this project’s median sale price, from Dubai Land Department records. Actual rent varies by unit, floor and finish.

How Luminar Tower 2 compares

Similar off-plan projects in Al Barsha South Fifth — compare progress, handover and developer.

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Watch it rise — one frame per DLD inspection

Luminar Tower 2 on 2024-09-18
2024-09-18 · 0.0% complete
1 / 6

Building & unit mix — from DLD project records

25
Floors
168
Total units
1
Building
UsageUnit typeUnits
CommercialUnspecified1
Residential1 B/R129
Residential2 B/R38

Source: DLD project register — floors, buildings and the developer's registered unit mix.

Real sale prices 5 registered DLD sales since 2026-01-05

AED 1,392/sqft
Median sale price
5
Registered sales
5
Sales, last 12 months
Unit typeSalesMedian AED/sqftMedian price
2 B/R31,392AED 1.8M
1 B/R21,454AED 859,121

Source: DLD registered sale transactions for this project.

Prices by unit size — vs the Al Barsha South Fifth average

BedsUnits soldSize rangeMedian priceAED/sqftArea avgPremium vs area
1 B/R2581600 sqftAED 859,1211,454
2 B/R31,2621,271 sqftAED 1.8M1,392

Median AED/sqft of DLD-registered sales in this project vs all sales in Al Barsha South Fifth for the same unit type. “Premium vs area” is how much more (or less) buyers pay here than the neighbourhood average.

Sale price history 160 sales, median AED/sqft by year

-7% median price change from 2024 to 2026 · 98% of sales were off-plan

YearMedian AED/sqftSalesYear-on-yearSince launch
2024launch1,49979
20251,41774-5%-5%
20261,3925-2%-7%

Median AED/sqft of DLD-registered sales each year (years with 3+ sales); the earliest year on record approximates launch pricing. “Year-on-year” compares each year to the one before it, “since launch” to the first year. Source: Dubai Land Department transaction records.

Available layouts — check current availability & price

Layouts registered in Luminar Tower 2, grouped by size. We’ll confirm current availability, floor and price with a RERA-licensed agent — we don’t hold live developer inventory, so these are representative configurations, not a live unit list.

BedsSizeTypical priceAED/sqftRegistered
1 B/R581 sqftAED 800K1,3771
1 B/R600 sqftAED 918K1,5301
2 B/R1,262 sqftAED 1.8M1,3921
2 B/R1,271 sqftAED 1.7M1,3702

Recent registered sales — individual DLD transactions, newest first

DateBedsSizePriceAED/sqftType
2026-05-222 B/R1,262 sqftAED 1.8M1,392Off-plan
2026-05-181 B/R581 sqftAED 800,1431,377Off-plan
2026-03-311 B/R600 sqftAED 918,0981,530Off-plan
2026-01-122 B/R1,271 sqftAED 1.7M1,348Off-plan
2026-01-052 B/R1,271 sqftAED 1.8M1,392Off-plan

Source: DLD registered sale transactions. Floor and unit numbers aren’t published in the public transaction feed, so they’re not shown.

Construction photos — official DLD inspection uploads, newest first

Project facts

Developer
OBJ1 REAL ESTATE DEVELOPMENT L.L.C
Area
Al Barsha South Fifth
Master project
Project type
Normal
Start date
2024-08-27
Planned handover
2026-10-27
Last inspection
2026-07-22
Project value
AED 86.5M
Units
168
Villas
0
Buildings
0
DLD project number
3298

Registration & escrow — verify before you pay anyone

DLD / RERA project no.
3298
Registered with DLD
2024-10-04
Regulator
Trakhees
Escrow account no.
19309339

Under Law 8 of 2007, off-plan payments for this project belong only in the escrow account above — a developer or agent directing your money anywhere else is a serious red flag. How escrow protects you →

Location — official site coordinates from DLD inspection records

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Al Barsha South Fifth · See every project on the construction map →

Luminar Tower 2: frequently asked questions — answers update daily from registry data

When will Luminar Tower 2 be handed over?
The developer's planned handover for Luminar Tower 2 is 2026-10-27; construction is currently 31% complete. Planned dates can move — track the project to be alerted the moment the official date changes.
How far along is construction on Luminar Tower 2?
Luminar Tower 2 is 30.8% complete according to the Dubai Land Department's inspection of 2026-07-22.
Is Luminar Tower 2 delayed?
As of today, Luminar Tower 2 has not passed its planned handover date of 2026-10-27. We compare the official date against the calendar daily and record every change on this page.
Who is the developer of Luminar Tower 2, and do they deliver on time?
Luminar Tower 2 is developed by OBJ1 REAL ESTATE DEVELOPMENT L.L.C. On our Developer Reliability Index they score 85/100 (A On schedule), based on how much of their active portfolio is past its planned handover in the official registry.
What are real sale prices in Luminar Tower 2?
Registered DLD sales in Luminar Tower 2 show a median of AED 1,392/sqft across 5 transactions since 2026-01-05. These are actual registered sales, not asking prices — the full breakdown is on this page.
Where is Luminar Tower 2 located?
Luminar Tower 2 is located in Al Barsha South Fifth, Dubai. See every project in the area, plus prices and rents, on the area page.
How many homes are in Luminar Tower 2?
Luminar Tower 2 comprises 168 units (normal), per the DLD registry.
Can I see real construction photos of Luminar Tower 2?
Yes — this page carries 23 official construction photos taken during Dubai Land Department inspections, newest from 2026-07-30, plus a time-lapse of the build. These are government inspection uploads, not marketing renders.
Is my money safe if I buy in Luminar Tower 2?
Payments for registered Dubai off-plan projects go into a project-specific escrow account under Law No. 8 of 2007; the developer can only draw funds against certified construction milestones.
Where should payments for Luminar Tower 2 go?
Only into the project's DLD-registered escrow account (no. 19309339). Under Law 8 of 2007 every off-plan payment must go to this account, where the developer can only draw funds as construction milestones are certified. Anyone directing payments elsewhere is a serious warning sign.
How do I get alerts when something changes on Luminar Tower 2?
Use the free Track this project form on this page. We check the official registry every day and email you the moment Luminar Tower 2's progress, status, or planned handover date changes.

Progress history — one row per official DLD snapshot

Snapshot dateStatusCompletePlanned handover
2026-08-04ACTIVE30.8%2026-10-27
2026-08-05ACTIVE30.8%2026-10-27
2026-08-06ACTIVE30.8%2026-10-27
2026-08-08ACTIVE30.8%2026-10-27
2026-08-09ACTIVE30.8%2026-10-27
2026-08-10ACTIVE30.8%2026-10-27
2026-08-11ACTIVE30.8%2026-10-27
2026-08-12ACTIVE30.8%2026-10-27
2026-08-13ACTIVE30.8%2026-10-27
2026-08-14ACTIVE30.8%2026-10-27
2026-08-15ACTIVE30.8%2026-10-27
2026-08-16ACTIVE30.8%2026-10-27
2026-08-17ACTIVE30.8%2026-10-27
2026-08-18ACTIVE30.8%2026-10-27
2026-08-19ACTIVE30.8%2026-10-27
2026-08-20ACTIVE30.8%2026-10-27
2026-08-21ACTIVE30.8%2026-10-27
2026-08-22ACTIVE30.8%2026-10-27
2026-08-23ACTIVE30.8%2026-10-27
2026-08-24ACTIVE30.8%2026-10-27
2026-08-25ACTIVE30.8%2026-10-27
2026-08-26ACTIVE30.8%2026-10-27
2026-08-27ACTIVE30.8%2026-10-27
2026-08-28ACTIVE30.8%2026-10-27
2026-08-29ACTIVE30.8%2026-10-27
2026-08-30ACTIVE30.8%2026-10-27
2026-08-31ACTIVE30.8%2026-10-27
2026-09-01ACTIVE30.8%2026-10-27
2026-09-02ACTIVE30.8%2026-10-27
2026-09-03ACTIVE30.8%2026-10-27
2026-09-04ACTIVE30.8%2026-10-27
2026-09-05ACTIVE30.8%2026-10-27
2026-09-06ACTIVE30.8%2026-10-27
2026-09-07ACTIVE30.8%2026-10-27
2026-09-08ACTIVE30.8%2026-10-27
2026-09-09ACTIVE30.8%2026-10-27
2026-09-10ACTIVE30.8%2026-10-27
2026-09-11ACTIVE30.8%2026-10-27
2026-09-12ACTIVE30.8%2026-10-27
2026-09-13ACTIVE30.8%2026-10-27
2026-09-14ACTIVE30.8%2026-10-27
2026-09-15ACTIVE30.8%2026-10-27
2026-09-16ACTIVE30.8%2026-10-27
2026-09-17ACTIVE30.8%2026-10-27
2026-09-18ACTIVE30.8%2026-10-27
2026-09-19ACTIVE30.8%2026-10-27
2026-09-20ACTIVE30.8%2026-10-27
Don't check back — we'll tell you.Progress moves, dates slip, statuses change. One email the moment it happens.
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