Object 1, a Dubai-based real estate developer and part of the international TSZ Group, has launched ‘LUM1NAR TOWERS’, a new residential development in Jumeirah Village Triangle.
With three architecturally distinct towers, the project offers 547 residences and is set to redefine smart living in Dubai with cutting-edge technology, contemporary aesthetics, and thoughtfully curated amenities.
The development, expected to be completed by 2027, merges convenience, connectivity, and elevated living in one of Dubai’s most sought-after communities. This groundbreaking project falls in line with the Dubai 2040 Urban Master Plan’s vision, which seeks to promote vibrant, inclusive communities, ensuring a dynamic and enriching living environment.
Jumeirah Village Triangle is witnessing surging demand, with transaction volumes growing by 62 percent in the first 1.5 months of 2025 compared to the same period last year. Property values in the area have also increased, with the weighted average price per square foot up by 6 percent and the median price rising by 10 percent compared to the same period last year.
This rapid growth, driven by infrastructure expansion under Dubai’s 2030 development plan and the upcoming Purple Metro Line, strengthens the area’s attractiveness, and the addition of LUM1NAR TOWERS further enriches the residential community, cementing its position as a thriving hub.
LUM1NAR TOWERS, strategically positioned near Palm Jumeirah and Dubai Marina, is thoughtfully designed to cater to the evolving expectations of modern homebuyers. Its open-plan layouts optimize space, seamlessly blending indoor and outdoor living to enhance both relaxation and entertainment.
The development marks a key milestone in Object 1’s regional growth strategy. Expanding beyond Dubai, the company has acquired two land plots in Abu Dhabi as part of its commitment to delivering high-quality residential developments across the UAE.
Tatiana Tonu Managing Director – Object 1
“The Lum1nar Towers project is a pivotal milestone for Object1 Developer, showcasing our commitment to innovation and sustainability. It reflects our strategic vision to expand our presence in Dubai’s premium real estate market and further establish ourselves as a leader in delivering iconic, high-quality developments. With this project, we are not only diversifying our portfolio but also reinforcing our focus on creating exceptional living spaces that meet the evolving needs of today’s homebuyers. Lum1nar Towers represents our growth trajectory, elevating our brand and paving the way for future groundbreaking projects.”
Integrating cutting-edge smart home automation, residents can seamlessly control lighting, climate, and security, reducing energy consumption while enhancing convenience. The development includes Daikin air conditioning systems, renowned for their energy efficiency and comfort, along with Legrand smart home solutions that unify lighting, temperature, and entertainment for a fully connected experience.
Additionally, Tedee Smart Lock provides keyless access, ensuring both convenience and top-tier security. As part of its commitment to sustainability, LUM1NAR TOWERS integrates energy-efficient systems and eco-friendly materials, aligning with the surging demand for responsible, future-ready living.
LUM1NAR TOWERS also offers a diverse array of amenities focused on well-being and lifestyle, such as a fully equipped gym, rooftop pools, an outdoor yoga lounge, a clubhouse, and a gaming room with VR and PlayStation experiences.
As Jumeirah Village Triangle continues to attract buyers and tenants, with rental prices rising by more than 20 percent and high rental yields averaging 6-8 percent per year, LUM1NAR TOWERS provides an exciting opportunity for both homeowners and investors looking to be part of a well-connected and vibrant community.
