Luce

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Taraf Development
38
Total Units
38
Sold
AED 10,543,000
Median Price
AED 4,160
Median Price /sqft
Construction progress: 98%
Start: Feb, 2023Completion: Dec, 2025

Luce Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

2 Beds71,860 sqft - 2,490 sqftAED 3,510 /sqft
0
3 Beds212,280 sqft - 3,460 sqftAED 11M (3,970 /sqft)AED 3,980 /sqft
-0.33
4 Beds103,530 sqft - 10,180 sqftAED 17.8M (4,300 /sqft)AED 5,670 /sqft
-24.23

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
No data found

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
3Apartment3,456 sqft111.34 sqft 1AED 11,300,000AED 3,270 /sqft 30, Jan 2026
3Apartment2,770 sqft45.53 sqft 1AED 11,000,000AED 3,971 /sqft 29, Oct 2025
2Apartment1,879 sqft19.37 sqft 2AED 6,787,000AED 3,719 /sqft 09, May 2023
3Apartment2,548 sqft23.59 sqft 2AED 10,524,000AED 4,130 /sqft 23, May 2023
3Apartment2,601 sqft31.66 sqft 2AED 10,477,174AED 4,028 /sqft 10, Apr 2025
3Apartment2,349 sqft19.9 sqft 2AED 9,800,000AED 4,172 /sqft 20, Nov 2025
4Apartment3,650 sqft44.95 sqft 2AED 15,957,000AED 4,372 /sqft 24, Apr 2023
2Apartment1,861 sqft17.77 sqft 3AED 6,818,000AED 3,736 /sqft 09, May 2023
3Apartment2,562 sqft24.56 sqft 3AED 10,659,000AED 4,160 /sqft 24, Apr 2023
3Apartment2,448 sqft17.27 sqft 3AED 9,829,000AED 4,015 /sqft 09, May 2023
3Apartment2,374 sqft22.15 sqft 3AED 9,444,000AED 3,978 /sqft 27, Apr 2023
4Apartment3,529 sqft33.46 sqft 3AED 15,658,000AED 4,437 /sqft 17, Apr 2023
2Apartment1,860 sqft17.59 sqft 4AED 6,849,000AED 3,753 /sqft 31, May 2023
3Apartment2,577 sqft25.94 sqft 4AED 10,748,000AED 4,171 /sqft 18, Apr 2023
3Apartment2,545 sqft26.04 sqft 4AED 10,543,000AED 4,143 /sqft 09, Jun 2023

Luce Real Estate Data – FAQ

  • What is the current property supply in Luce?

    Luce has a total residential supply of approximately units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Luce?

    Luce recorded 4 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Luce?

    The median transaction price in Luce is AED 4,070 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Luce?

    The gross rental yield in Luce is approximately %, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Luce?

    Property prices in Luce have shown a capital appreciation of 8% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Luce?

    There are currently 1 active off-plan projects in Luce, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Luce?

    The total off-plan pipeline in Luce includes approximately 38 units, which will significantly impact future supply and pricing dynamics.

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  • Is Luce a good area for property investment?

    Luce is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Luce, this is %, indicating relatively strong income performance compared to global markets.

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