LUCE The Light at The Palm — project image
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LUCE The Light at The Palm

From AED 9.58M·Handover Jul 2026·20% down payment Payment
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AED 9.58M
Starting Price
Jul 2026
Handover
20% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

LUCE The Light at The Palm is a premium residential development by Taraf on Palm Jumeirah, Dubai. The building's architectural design is defined by exquisite glass panels oriented toward the sea and sunlight. The structure blends seamlessly into the coastal landscape, creating a striking silhouette. The façade combines the brilliance of light with elegant lines. The complex comprises two basement levels, a ground floor, and nine residential floors, offering 1- to 4-bedroom apartments, alongside 4-bedroom duplexes and penthouses. Each space is meticulously designed, featuring soft lines and delicate tones. The interiors are finished with the finest natural materials, and abundant natural light enhances a luminous ambiance that evolves from sunrise to sunset. For resident comfort, the development features dedicated leisure and wellness amenities. The property includes a private gym with professional equipment and panoramic beach views, an infinity pool, a jacuzzi, a children's play area, and a landscaped garden with direct beach access. The location ensures convenient access to key destinations: Al Sufouh Road is within walking distance, while The Palm Jumeirah, beachfront zones, and the coastline are just a few minutes away on foot.

Project Specifications
DeveloperTaraf
LocationPalm Jumeirah
Unit Types2 BR, Apartments
AreaPalm Jumeirah
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 413,506 / year
Cash-on-Cash
2.2%
Levered cashflow AED 97,267
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 4.41M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Taraf.

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Payment Structure

20% down payment

Published payment summary

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Amenities & Lifestyle

Beach Access
Covered Kids Play Area
Indoor cinema
Infinity pool
Landscape Open Areas
Lavish Sundeck
Lift
Lobby
Pool Deck
Resting Areas
Shared gym & fitness
Sitting Area
Social zone
Walking paths

Location

Palm Jumeirah

Nearby Destinations

Palm Jumeirah

Developer and Project Facts

01

LUCE The Light at The Palm by Taraf

02

Located in Palm Jumeirah

03

Starting from AED 9,583,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Jul 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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