Novel polycrystalline phosphor-yttrium calcium borate doped with dysprosium ions (Dy3+: Y2CaB10O19) was synthesized for the first time by solid-state reaction technique. The crystal structure was found to be monoclinic having C2 space group. SEM was performed to analyze the surface morphology of the phosphor materials and to assess the distribution of phosphor particles in the glass matrix. Fourier transform infrared (FTIR) spectroscopy of the samples was studied to know the molecules present. The emission spectra by 350 nm excitation possessed characteristic peaks at 480 nm (blue) and 577 nm (yellow). The CIE chromaticity co-ordinate and correlated color temperature (CCT) were deduced to be (x = 0.3384, y = 0.3823) and 5297 K respectively. Luminescence decay time for the optimized phosphor was determined to be 0.70 ms. The prepared phosphors were embedded in the glass matrix at an elevated temperature of 1000 °C. The transmittance spectra of the prepared glass materials were recorded to analyze its transparency in the visible region. The internal quantum yield was deduced to be 53.91 %.