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Luce

Palm Jumeirah , Dubai

AED 7,000,000
≈ AED 7,000,000
Golden Visa Eligibility
Free Residency Visa
Construction Progress82%
Bedrooms
2
Size
1,825 sqft
Price/Sqft
AED 3,836
Developer

Description

Luce represents the pinnacle of premium living in Palm Jumeirah, brought to you by Taraf. This residential haven, inspired by nature, reveals a hand-picked assortment of sophisticated 2 to 4-bedroom flats, an exclusive 4-bedroom penthouse and an impressive 4-bedroom duplex.
The architectural wonder that is Luce is defined by its groundbreaking use of glass partitions, cleverly positioned to encapsulate the splendour of ocean views and natural sunlight. The epitome of opulent living is personified in the penthouse and duplex units that offer exclusive features such as private swimming pools and pool Jacuzzis, crafting a tranquil retreat within the lively community.

Amenities & Features

Gym or Health Club
Swimming Pool

Property Details

Property TypeApartment
DeveloperTaraf
ProjectLuce
CommunityPalm Jumeirah
CompletionOff-Plan - Q4 2025
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 7,000,000
DLD Fee (4%)AED 280,000
Trustee FeeAED 4,200
Agency (2%)AED 140,000
Total InvestmentAED 7,424,200

Expected Annual Returns

Expected Annual RentAED 525,000
Service Charges (Est)-AED 27,375
Net Annual IncomeAED 497,625
Net Annual ROI6.7% (after expenses)
Payback Period14.9 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa14.3 km
Dubai Mall14.8 km
Dubai Airport (DXB)25.4 km
Mall of the Emirates5.2 km
Dubai Marina6 km