Luce

Under Construction · Date not reported|38 units · 1 building

Luce is an under-construction 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 3,611 per sqft. At AED 3,611 per sqft, Luce prices 32% below the Palm Jumeirah median of AED 5,310 per sqft on registered sales.

PIX© price · ↓17.4% YoY

12.19MAED

Typical

3,611AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationPalm Jumeirah

Drive times · typical

Downtown Dubai32 min · 30.4 km

DXB Airport36 min · 40.1 km

DIFC34 min · 32.5 km

Dubai Marina24 min · 15.7 km

Palm Jumeirah14 min · 8.7 km

Nearest · straight-line

Metro stationDubai Internet City Metro Station4 km

MallDKNY2.3 km

SchoolMermaid diving centre1.3 km

HospitalAl Das Medical Clinic2.2 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				9 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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Luce3,611AED/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	3,611	↓17.4%
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

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. Contracts appear once handover occurs and tenancies are registered.

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Luce

Compared with

Palm Beach Towers 3

PIX© PSF

3,706

Rank

#18 of 21

#17 of 21

Typical price

12.73M

Yield

—

Units

460

Sales

449

Rents

—

Developer

TARAF DEVELOPMENT L.L.C

DUBAI HOLDING (L.L.C)

Handover

U/C

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Vitalia PINNACLE A K S REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	45					21	—
	Serenia Living Tower 2 PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed · Off-plan pricing	85					92	15
	Serenia Living PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed · Off-plan pricing	229					235	34
	Ellington Beach House BEACH HOUSE REAL ESTATE DEVELOPMENT L.L.C · Completed · Off-plan pricing	129					128	41
	Olaia Residences GULF HOUSE REAL ESTATE DEVELOPMENT L.L.C · U/C · Off-plan pricing	149					37	—
	Serenia Living Tower 3 PALMA HOMES REAL ESTATE DEVELOPMENT L.L.C · Completed · Off-plan pricing	23					13	2
	Palm Beach Towers 3 DUBAI HOLDING (L.L.C) · U/C · Off-plan pricing	460					449	—
18	Luce TARAF DEVELOPMENT L.L.C · U/C · Off-plan pricing	38	3,706	Subject	12.73M	—	44	—
	Palm Beach Towers 1 DUBAI HOLDING (L.L.C) · U/C · Off-plan pricing	283					339	—
	Seven Palm SEVEN TIDES LIMITED · Completed · Off-plan pricing	1,200					280	600
	Palm Beach Towers 2 DUBAI HOLDING (L.L.C) · U/C · Off-plan pricing	321					380	—

Community median 5,310 AED/sqft. Showing the closest-ranked peers of 21 ranked projects in the community. 11 community projects excluded for insufficient recorded sales. 55 excluded for trading only in the ready market. 8 excluded for insufficient unit-mix overlap. 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.

Palm Beach Towers 1AED 3,611/sqft
Seven PalmAED 3,456/sqft
Palm Beach Towers 3AED 3,904/sqft
Palm Beach Towers 2AED 3,275/sqft
Serenia Living Tower 3AED 4,031/sqft
Olaia ResidencesAED 4,144/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 3,611 per sqft, or about AED 12,189,201 for a typical unit, based on 44 sales registered with the Dubai Land Department.

When is Luce handing over?

Luce is under construction in the Dubai Land Department project register. No handover date is on record.

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 3,611, across 44 registered sales.