Obj1 Real Estate Development L.L.C · Selling since 2015 · recent sales mostly off-plan
AED 1,384/sqft
—
AED 1,047,817
AED 924,521 to AED 1,588,794, from 1.6 years of this project's own history. A trend, not a forecast.
High
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Luminar Tower 2 — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in Luminar Tower 2 over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Luminar Tower 2 itself; the rest are homes of the same size in Jumeirah Village Triangle, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 918.1K | AED 68,500/yrsame size in Jumeirah Village Triangle | 7.5% | 21 |
| 2 beds | AED 1.63M | AED 83,755/yrsame size in Jumeirah Village Triangle | 5.1% | 12 |
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 15/sqft across 5 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 9,000 | AED 59,500 | 7.5% | 6.5% |
| 2 beds | AED 19,063 | AED 64,691 | 5.1% | 4.0% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Price vs. Jumeirah Village Triangle median
-14.3%
Priced at or below the area's real median.
Developer track record
1,051 real transactions
0 completed · 9 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Transport, schools, healthcare, and daily essentials within 3 km.
We haven't mapped what's around this project yet. Places are added in batch runs, busiest projects first.