Building · Transactions · 2024

Luminar Tower 1 Property Transactions 2024

90 property sales worth ⃃ 106.72M were registered in Luminar Tower 1 in 2024, 8900.0% higher than 2023 by number of sales. The median sale price was ⃃ 891,224 and the median price per square foot ⃃ 1,527 (+13.3% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 90 salesUpdated: 18 Oct 2026
Property sales
90
+8900.0% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 106.72M
+354.1% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 891,224
−96.2% vs 2023
90 sales
Median price per sq ft
⃃ 1,527
+13.3% vs 2023
90 sales

What types of property sold in Luminar Tower 1 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments8897.8%⃃ 79.05M⃃ 889,992⃃ 1,527
Commercial11.1%⃃ 2.3M⃃ 2,303,214⃃ 2,055

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)8998.9%⃃ 81.35M⃃ 890,398⃃ 1,530
Resale (secondary)11.1%⃃ 25.37M⃃ 25,372,480⃃ 1,456
Off-plan8998.9%⃃ 81.35M⃃ 890,398⃃ 1,530
Ready11.1%⃃ 25.37M⃃ 25,372,480⃃ 1,456

What were the most expensive property sales in Luminar Tower 1 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/05/2024Luminar Tower 1Plot17,428 sq ft⃃ 25,372,480Resale · Ready
08/10/2024Luminar Tower 1Commercial1,121 sq ft⃃ 2,303,214Primary · Off-plan
29/10/2024Luminar Tower 11 bed · Apartment995 sq ft⃃ 1,279,754Primary · Off-plan
15/10/2024Luminar Tower 11 bed · Apartment995 sq ft⃃ 1,259,751Primary · Off-plan
18/12/2024Luminar Tower 11 bed · Apartment995 sq ft⃃ 1,251,315Primary · Off-plan
20/11/2024Luminar Tower 11 bed · Apartment757 sq ft⃃ 1,209,970Primary · Off-plan
19/11/2024Luminar Tower 11 bed · Apartment757 sq ft⃃ 1,203,078Primary · Off-plan
29/11/2024Luminar Tower 11 bed · Apartment757 sq ft⃃ 1,167,000Primary · Off-plan
28/11/2024Luminar Tower 11 bed · Apartment757 sq ft⃃ 1,144,574Primary · Off-plan
31/10/2024Luminar Tower 11 bed · Apartment757 sq ft⃃ 1,130,893Primary · Off-plan

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
18/12/2024Luminar Tower 11 bed · Apartment995 sq ft⃃ 1,251,315Primary · Off-plan
13/12/2024Luminar Tower 11 bed · Apartment579 sq ft⃃ 728,081Primary · Off-plan
10/12/2024Luminar Tower 11 bed · Apartment577 sq ft⃃ 941,662Primary · Off-plan
06/12/2024Luminar Tower 11 bed · Apartment579 sq ft⃃ 846,873Primary · Off-plan
06/12/2024Luminar Tower 11 bed · Apartment579 sq ft⃃ 952,624Primary · Off-plan
06/12/2024Luminar Tower 11 bed · Apartment577 sq ft⃃ 744,622Primary · Off-plan
04/12/2024Luminar Tower 11 bed · Apartment757 sq ft⃃ 772,630Primary · Off-plan
29/11/2024Luminar Tower 11 bed · Apartment757 sq ft⃃ 1,167,000Primary · Off-plan
28/11/2024Luminar Tower 11 bed · Apartment757 sq ft⃃ 1,144,574Primary · Off-plan
28/11/2024Luminar Tower 11 bed · Apartment995 sq ft⃃ 497,185Primary · Off-plan

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/luminar-tower-1/2024
Luminar Tower 1 Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/luminar-tower-1/2024

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Luminar Tower 1 in 2024?
90 property sales worth ⃃ 106,724,464 were registered in Luminar Tower 1 in 2024. That is 8900.0% higher than 2023.
What was the median property price in Luminar Tower 1 in 2024?
The median sale price was ⃃ 891,224 and the median price per square foot ⃃ 1,527 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Luminar Tower 1 were off-plan or from developers?
Developer (primary) sales were 98.9% of the 90 sales and resales 1.1%. Off-plan units made up 98.9% and ready units 1.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/luminar-tower-1/2024