Developer Deal
Cello Residences
Taraf PropertiesLegado by Prescott, JVC District 14, Jumeirah Village Circle (JVC), Dubai, UAE
From
AED 550,000
Handover
Q1 2027
Payment Plan
50/50
Down Payment
10%
Back to Developer DealsDeveloperTaraf PropertiesView developer profile
Luce
Luce, Palm Jumeirah, Dubai, UAE
DLD Waiver
—
Discount
—
Handover
Q4 2026
Post Handover
—
Payment Plan
60%
40%
10% down
About Luce
LUCE — The Light at the Palm — is a boutique beachfront residence on the prestigious East Crescent of Palm Jumeirah by developer Taraf. A single glass-clad building of just 36 sophisticated homes, it offers 2–4 bedroom apartments, a duplex and a signature penthouse, all filled with natural light through floor-to-ceiling windows. Residents enjoy private beach access, an infinity pool and resort-sty…
Project documents
Brochures
Not available yet
Payment schedule
Payment Plan 2106
- Deposit
- 10%
- During construction
- 50%
- On handover
- 40%
Market Intelligence
Completed transactions in Luce
Median sale price/sqft
AED 4,972/sqft+19.9%
Median sale price
AED 13,500,000
Transaction activity
LiquidityLimitedPrice momentumRising
3 sales and 0 rentals in the last 12 months
Off-plan vs ready
Off-plan 100%
Primary vs resale
Primary 100%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-06-20 | Luce | 3 | 2,642 sqft | AED 13,500,000 | 5,110 |
| 2024-04-01 | Luce | 3 | 2,514 sqft | AED 12,500,000 | 4,972 |
| 2024-02-23 | Luce | 4 | 8,298 sqft | AED 40,000,000 | 4,820 |
Completed transactions in Palm Jumeirah
Median sale price/sqft
AED 2,774/sqft+0.9%
Median sale price
AED 4,200,000
Gross rental yield
4.4%
Median annual rent
AED 185,000
Median price/sqft over time
Dec 23Range AED 2,472 – AED 3,408Dec 24
Community activity
LiquidityStrongPrice momentumStable
1,825 sales and 5,197 rentals in the last 12 months
Primary vs resale
Resale 80.5%Primary 19.5%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-13 | Serenia Living Tower 1 | 2 | 2,028 sqft | AED 9,500,000 | 4,685 |
| 2024-12-13 | The Palm Tower | 1 | 1,055 sqft | AED 4,000,000 | 3,792 |
| 2024-12-13 | The Fairmont Palm Residence South | 2 | 1,995 sqft | AED 5,200,000 | 2,607 |
| 2024-12-13 | Jash Hamad | 3 | 2,224 sqft | AED 4,200,000 | 1,888 |
| 2024-12-13 | Al Khushkar | 3 | 2,218 sqft | AED 4,525,000 | 2,040 |
| 2024-12-13 | Muraba Residence | 2 | 1,980 sqft | AED 7,935,935 | 4,008 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for Luce
Our team will send you the complete payment schedule, floor plans and current offer from Taraf Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about Luce
- What is the handover date for Luce?
- Luce is scheduled for handover in Q4 2026.
- What is the starting price of Luce?
- Prices start from AED 7,000,000. Contact our team for current availability.
- Who is the developer of Luce?
- Luce is being developed by Taraf Properties.
- Where is Luce located?
- Luce is located in Luce, Palm Jumeirah, Dubai, UAE.