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Property Spotlight

Luce Palm Jumeirah

9 August 2023 Written by silvana

The light of Luce will shine the brightest over Palm Jumeirah, bringing supreme elegance and embracing its seafront setting in Dubai’s most celebrated destination.

The magnificent building is one of the most remarkable urban developments by Taraf, taking pride of place on Palm Jumeirah’s Crescent.

The ten-storey residential tower will be a new landmark for The Palm, on the East Crescent, shining bright amongst other luxury hotels and resorts on the island. Overlooking the shimmering blue sea, Luce offers unique views across Palm and Dubai Marina’s skyline, enhanced by the extensive use of glass panels facing the sea from sunlight to sunset.

Shaped by glass and light, Luce comes with a unique architecture and design offering, stunning interiors and nature inspired décor, all of which create a sophisticated, elevated lifestyle environment and soothing aesthetics.

As for lifestyle amenities, Luce will offer direct beach access, bringing resort-style living straight to your door. One of the highlights of your leisure time will be to experience the Luce stunning infinity pool that glimmers in the sunlight, perfectly positioned amidst a beautifully landscaped, beachfront garden.

Luce will shine a light on your well being and community spirit, as well as redefining what it means to live a life of unparalleled luxury in an iconic beachfront setting.

Facts

Luce lets you choose from 1 to 4-bedroom apartments, with sizes ranging from 1,825 to 9,436 sq. ft. There are 36 units in total, including a 4-bedroom duplex and a 4-bedroom penthouse. The 2-bedroom apartments are 1,825 sq. ft. and come with a balcony, laundry, and maid’s room. The 3-bedroom apartments measure 2,365 sq. ft. and feature a wrap-around balcony, planter, maid’s room, and laundry room. The 4-bedroom apartments are 4,117 sq. ft. and have a kitchen, wet kitchen, 2 balconies, planter, maid’s and play area.

Each apartment boasts floor-to-ceiling windows, filling the space with natural light and showcasing the stunning sea views. The penthouse and duplex apartments have the added luxury of a private swimming pool and pool jacuzzi. The properties feature stunning designs that highlight the use of fine natural materials, white earthy hues, and soft lines.

The flexible 60/40 payment plan makes owning a piece of Luce a stress-free and seamless process, with a 10% down payment to secure your unit.

Prices start at AED 7 million.

The Essence of Luce

The essence of Luce is reflected in the supreme elegance that pours throughout the interiors and exterior of the building, and in each particle of light that the building is diffusing and reflecting on the waters of the Arabian Gulf.

The building's sleek design of glass panels oriented towards the sea and sunlight is a testament to its captivating beauty. Luce's brilliant use of natural high-quality materials and earthy tones creates a flawless and polished living environment that is both timeless and in harmony with the natural environment.

Full-height floor-to-ceiling windows provide uninterrupted views of the sea, blurring the lines between indoor and outdoor spaces with interiors that are bathed in natural light, enhancing the visual appeal, and creating a serene ambiance.

Every detail has been carefully curated, resulting in unique and thoughtfully designed layouts that add value to contemporary living. The building's luminescent interiors shimmer from sunrise to sunset, creating a bright, welcoming space, and reflecting the beauty and elegance of the island.

Lifestyle Amenities

Luce offers world-class amenities that will brighten up your mood and lifestyle. The fitness area features first-class training equipment that is sure to have you glowing post-workout. The kids' room and entertainment room provide activities that entertain the young, while the lounge, infinity pool and kids' pool offer a refreshing retreat, with direct beach access to ensure uninterrupted seaside fun and relaxation.

Why Invest?

Luce is a boutique building offering a unique combination of privacy and resort-style living in a highly curated environment. The homes, filled with natural light and panoramic views, offer exceptional quality and a sublime beachfront setting. Luce offers private access to the beach and exclusive lifestyle amenities designed to promote relaxation and healthy living, including fine dining, luxury entertainment venues, and sporting activities.

But investing in Luce means going beyond luxury living. Dubai's property market offers superior property yields compared to other popular cities like London and New York. With a gross rental yield of between 6-8% and an average return of 7.5%, investing in property in Dubai is a smart financial manoeuvre.

The UAE tax-free haven makes real estate investments in Dubai even more appealing, meaning you don’t have to worry about a variety of taxes, including annual property taxes, income taxes, capital gains taxes, or rental revenue taxes, and rather just sit back and anticipate the significant returns of Dubai’s booming property market.

By taking advantage of the tax benefits offered by Dubai, investors can maximise their profits and enjoy the benefits of owning a property in a vibrant and dynamic city that attracts buyers from around the world. With its unparalleled infrastructure, luxurious amenities, and favourable economic climate, Dubai offers a unique opportunity to invest in real estate and enjoy the benefits of a tax-free investment in a rapidly growing market.

Dubai has become one of the world's most dynamic cities, and investing in its real estate is an opportunity to tap into its booming property market and benefit from exceptional quality, private luxurious amenities, beachfront living and a luxurious lifestyle with smart financial returns.