PropertyIndex

Luce

Under Construction · Due Q4 2025 · 48%|38 units · 1 building

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Luce is an under-construction apartment development by TARAF DEVELOPMENT L.L.C in Palm Jumeirah, comprising 38 registered units. 44 sales are registered with the Dubai Land Department, at a current PIX© price of AED 3,612 per sqft. At AED 3,612 per sqft, Luce prices 8% below the Palm Jumeirah average of AED 3,918 per sqft on registered sales.

PIX© price · 17.4% YoY
12.19MAED
Typical
3,612AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
44
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Luce

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
1,860 – 8,298 sqft
3812.19M3,61217.4%
2 Bed · Apartment
1,860 – 2,488 sqft
7
3 Bed · Apartment
2,277 – 3,456 sqft
21
4 Bed · Apartment
3,529 – 8,298 sqft
10
No rental contracts registered — the project has not handed over.
Sales — Project-Wide44 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
30 Jan 20263 BedFloor 13,45611,300,0003,270StandardOff-Plan Sale
10 Dec 20254 BedFloor 84,14417,800,0004,295+2.7%StandardOff-Plan Sale
20 Nov 20253 BedFloor 22,3499,800,0004,171+5.7%StandardOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Common questions about Luce

Answered from Dubai Land Department registered transactions.

How much does a property in Luce cost?

Property in Luce sells at a current PIX© price of AED 3,612 per sqft, or about AED 12,193,507 for a typical unit, based on 44 sales registered with the Dubai Land Department.

When is Luce handing over?

Luce is under construction, due q4 2025, and is 48% complete against the Dubai Land Department's reported progress.

Who is the developer of Luce?

Luce is developed by TARAF DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Luce?

Luce holds 38 registered units, per the Dubai Land Department unit register.

Have prices in Luce gone up or down?

Price per sqft has fallen -17.4% over the last 12 months, to AED 3,612, across 44 registered sales.