Luminar
ACTIVEBy Obj1 Real Estate Development L.L.C · Al Barsha South Fifth
est. — modelled from compounded CAGR, pending launch-price data.
UG Watertank+G+5P+20+R Residential Building with Retail at Ground Floor.The project designed to have a concrete structure and block with internal and external finishes.
Appreciation — multiple measures
One number can mislead — we show the full picture.
- Median price
- AED 938,875
- Price/sqft (last 12 months)
- AED 1,428
- Secondary-market share
- 0%
- Resale-only (est.)
- n/a
- Like-for-like 1BR (est.)
- n/a
est.
est.
Rental yield
- Studio
- 6.4%
- 1BR
- 6.1%
- 2BR
- 6.7%
- 3BR
- 7.2%
Based on this project's own DLD sale + Ejari rent transactions (last 24 months); areas with thin data fall back to community averages. Table = Al Barsha South Fifth trailing 3-year window.
Price & volume trend
Quarterly median price per sqft (line) against transaction volume (bars).
Recent transactions
12 Jun 2026
- Unit
- Studio · 480 sqft
- Price
- AED 672,000
- AED per sqft
- AED 1,400
28 May 2026
- Unit
- 1BR · 760 sqft
- Price
- AED 1,108,080
- AED per sqft
- AED 1,458
17 Apr 2026
- Unit
- 1BR · 820 sqft
- Price
- AED 1,243,120
- AED per sqft
- AED 1,516
05 Mar 2026
- Unit
- 2BR · 1,180 sqft
- Price
- AED 1,686,220
- AED per sqft
- AED 1,429
Sample — representative transactions, pending the transaction-level DLD feed.
Source: DLD transactions (Dubai Pulse) · gifts, bulk & related-party transfers excluded
Project facts
- Developer
- Obj1 Real Estate Development L.L.C
- Status
- ACTIVE
- Units
- 556
- Buildings
- 3
- Completion date
- 15 Sept 2026
- Completed
- 13%
Source: DLD transactions (Dubai Pulse) · Human-AI-assisted · Not financial advice.
Available now
1BR · 745 sqft
AED 1,107,815
Verified 02 Aug 2026
2BR · 1,145 sqft
AED 1,652,235
Verified 24 Jul 2026
Illustrative — live listings coming soon.
Want a better unit than what's listed?
We source off-market opportunities in this project.
Published by Dubai Best Research · Human-AI-assisted · Methodology & sources disclosed
Not financial advice · Figures nominal unless stated