Luce

Completed|38 units · 1 building

Luce is a completed 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 3,610 per sqft. At AED 3,610 per sqft, Luce prices 35% above the Palm Jumeirah median of AED 2,684 per sqft on registered sales.

PIX© price · ↓15.1% YoY

12.19MAED

Typical

3,610AED

PSF

Gross yield

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationPalm Jumeirah

Drive times · typical

Downtown Dubai33 min · 30.5 km

DXB Airport36 min · 40.2 km

DIFC34 min · 32.5 km

Dubai Marina24 min · 15.8 km

Palm Jumeirah13 min · 8.8 km

Nearby · straight-line

Metro stationDubai Internet City4.1 km

MallPalm Jumeirah Mall2.4 km

SchoolDubai College3.2 km

HospitalAl Zahra Hospital4.3 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 8

…

4 Bed on Floor 8, Luce

Size
Record: May 2023 to Dec 2025
Owners: 2
Tenants: 0
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	PSF	vs prior	Held	Note
2Owner 2	10 Dec 2025				11 mo	Current owner
1Owner 1	9 May 2023				2.6 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

4 Bed · Floor 8 · Luce

Nightly rateAED

Occupancy (237 nights)

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Luce3,610AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY
PIX© Core Project-Wide 1,860 - 8,298 sqft	38	12.19M	3,610	↓15.1%
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 with Ejari for this project.

Sales - Project-Wide44 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
30 Jan 2026	3 Bed	Luce · Floor 1	3,456	11,300,000	3,270	-	Standard	Off-Plan Sale
10 Dec 2025	4 Bed	Luce · Floor 8	4,144	17,800,000	4,295	+2.7%	Standard	Off-Plan Sale
20 Nov 2025	3 Bed	Luce · Floor 2	2,349	9,800,000	4,171	+5.7%	Standard	Off-Plan Sale

Rentals - Project-Wide

PIX© rent analysis

No Ejari rental contracts registered for this product.

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare3 peers could not be placed

This project

Luce

Compared with

Ruby

PIX© PSF

3,706

Rank

#8 of 47

#7 of 47

Typical price

12.73M

Yield

—

Units

111

Sales

Rents

—

183

Developer

TARAF DEVELOPMENT L.L.C

SHAMAL ESTATES L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Raffles The Palm SUNRISE PROPERTIES LIMITED · Completed	405					12	19
	Ellington Beach House BEACH HOUSE REAL ESTATE DEVELOPMENT L.L.C · Completed	129					20	50
	Serenia Living PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	229					28	57
	Aquamarine SHAMAL ESTATES L.L.C · Completed	110					38	154
	Ruby SHAMAL ESTATES L.L.C · Completed	111					19	183
8	Luce TARAF DEVELOPMENT L.L.C · Completed · Off-plan pricing	38	3,706	Subject	12.73M	—	44	—
	Serenia Residences West PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed	76					34	93
	The 8 C FOURTEEN FZE · Completed	307					130	290
	W Residences A S I REAL ESTATE DEVELOPMENT L.L.C · Completed	237					29	46
	Tiara Residences SHAMAL ESTATES L.L.C · Completed	847					154	1,538
	The Fairmont Palm Residence North THE PALM VACATION CLUB FZE · Completed	288					108	412

Community median 2,684 AED/sqft. Showing the closest-ranked peers of 47 ranked projects in the community. 12 community projects excluded for insufficient recorded sales. 19 excluded for trading only in the ready market. 13 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Serenia Residences WestAED 3,650/sqft
The 8AED 3,538/sqft
W ResidencesAED 3,508/sqft
Tiara ResidencesAED 3,501/sqft
RubyAED 3,743/sqft
The Fairmont Palm Residence NorthAED 3,297/sqft

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 3,610 per sqft, or about AED 12,185,971 for a typical unit, based on 44 sales registered with the Dubai Land Department.

Is Luce completed?

Yes. Luce is recorded as completed in the Dubai Land Department project register.

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 -15.1% over the last 12 months, to AED 3,610, across 44 registered sales.