Luce Palm Jumeirah Property Development By Taraf Properties DMCC

Last Updated on: 13th November 2024, 03:41 am

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The Luce Palm Jumeirah is an exclusive property development by Taraf Properties DMCC, positioned on the highly sought-after Palm Jumeirah in Dubai, UAE. This remarkable project elevates the concept of luxury living, featuring architectural designs that blend seamlessly with the natural beauty of the waterfront properties surrounding it. The development offers a unique community-centric approach, enhancing the living experience for residents while showcasing the highest standards of quality and craftsmanship.

Each residence, ranging from apartments to penthouses, caters to varied preferences with up to four bedrooms available, appealing to families and individuals alike. With anticipated completion set for Q4 2025, this development is primed to attract those interested in luxury real estate Dubai, providing a prime investment opportunity to enjoy unparalleled comfort and style¹. For more information on this magnificent project, visit Luce Palm Jumeirah.

Key Takeaways

• Luce Palm Jumeirah is a premier development by Taraf Properties DMCC.
• Offering exclusive apartments and penthouses with up to four bedrooms.
• Strategic location on the stunning Palm Jumeirah.
• Completion is anticipated in Q4 2025, making it a lucrative investment.
• Architectural design harmonizes with waterfront aesthetics.

Overview of Luce Palm Jumeirah

Positioned as a standout choice in the realm of premium residential developments, Luce by Taraf Properties DMCC promises to elevate the living experience on Palm Jumeirah. This montage of luxury and practicality showcases an array of features tailored to the discerning resident.

Introduction to Taraf Properties DMCC

As a distinguished entity under Yas Holding Group, Taraf Properties DMCC excels in the creation of high-quality living spaces. Their focus on meticulous design and functional elegance allows them to redefine contemporary lifestyles through remarkable ventures like the Luce Palm Jumeirah project.

Project Location and Significance

Nestled in the East Crescent of Palm Jumeirah, Luce offers easy access to both luxury resorts and Dubai’s vibrant attractions. The location stands out not only for its stunning views but is also pivotal for Palm Jumeirah investments, being one of the most coveted locales for real estate within the city. Regular commute times by car place residents conveniently near key spots: 19 minutes to Palm Jumeirah, 38 minutes to Dubai Mall, and approximately 45 minutes to Dubai International Airport².

Unique Architectural Design

The architectural vision of Luce encapsulates elegance with its flowing curves and natural inspirations, ensuring each apartment provides awe-inspiring sea views. Expansive windows enhance the sense of spaciousness and invite natural light, creating airy, welcoming interiors. This project includes a mix of two to four-bedroom apartments, each designed to reflect luxurious living standards³. Construction commenced in July 2023, with completion anticipated by 2025⁴.

Luce Palm Jumeirah: Luxury Living and Amenities

Luce Palm Jumeirah by Taraf Properties DMCC offers a remarkable array of exclusive beachfront homes, ensuring every resident finds a perfect match for their lifestyle. With options ranging from 2-bedroom to 4-bedroom apartments, these luxurious living spaces can accommodate various preferences, and their sizes range from 1,825 sq. ft. to an expansive 4,117 sq. ft.

Exclusive Housing Options

This development features a total of 36 units, including options such as a 4-bedroom duplex and a 4-bedroom penthouse. The 2-bedroom apartments measure 1,825 sq. ft., each equipped with modern amenities like a balcony and maid’s room. The 3-bedroom apartments extend to 2,365 sq. ft., offering a wrap-around balcony, while the 4-bedroom residences boast 4,117 sq. ft. of exquisite design and functionality. Property prices start at AED 7 million, with a flexible payment plan of 60/40 that allows a 10% down payment, making these properties accessible to discerning buyers⁵⁶.

Exceptional Lifestyle Amenities

Residents will revel in a variety of impressive facilities tailored for their comfort and relaxation. Some of the highlights include a state-of-the-art gymnasium, serene spa services, and exclusive direct access to a private beach. To complement the luxurious living experience, several retail shops and gourmet restaurants will be located within the complex, allowing residents to indulge in vibrant community living.

Construction Timeline and Investment Opportunities

Construction at Luce Palm Jumeirah is currently in progress, with the completion and handover projected for Q4-2025. Given the strong demand in Palm Jumeirah and the expected appreciation in property values, investing in this project presents an appealing prospect. The Dubai real estate market enjoys gross rental yields averaging 7.5% due to the absence of annual property taxes, making it an attractive option for investors seeking lucrative returns⁵⁶.

Conclusion

Luce Palm Jumeirah Property Development By Taraf Properties DMCC epitomizes the essence of luxury real estate in Dubai, offering an impressive selection of housing options. With prices starting from AED 1,850,000 and a variety of apartments spanning 1,825 to 4,117 square feet, buyers can choose from 2, 3, or 4-bedroom units to suit their needs⁷⁸. This development not only provides exquisite living spaces but also promises to hand over properties by the third quarter of 2025, making it an attractive prospect for those looking to invest in Palm Jumeirah’s evolving market⁷⁸.

In addition to its prime location on the east crescent of Palm Jumeirah, which offers convenient access to highways and local attractions, Luce ensures a high-quality lifestyle that is both enriching and exclusive⁸. The thoughtful arrangement of amenities and the elegant architectural design contribute to a living experience that is unmatched in Dubai’s luxury segment, catering to discerning buyers who seek comfort and opulence in their homes.

With its strong investment outlook and steady appreciation of property values, Luce Palm Jumeirah stands as a compelling option for anyone aiming to thrive in the competitive luxury real estate Dubai market. Taraf Properties DMCC’s commitment to quality not only shapes breathtaking living spaces but also fosters a vibrant community for its residents, making Luce an exceptional choice for your next home⁷.

Source Links

1. https://ulo.ae/object/luce-palm-jumeirah-id-714/property/5193/
2. https://propsearch.ae/dubai/luce
3. https://www.binayah.com/dubai-projects/luce-the-light-palm-jumeirah/
4. https://www.propertynetworkuae.com/projects/luce-at-palm-jumeirah/
5. https://newwork.elysian.com/off-plan-projects/palm-jumeirah/luce
6. https://www.luxuryproperty.com/blog/luce-palm-jumeirah
7. https://hemnetproperties.com/property/luce-palm-jumeirah/
8. https://myoffplaninvestment.com/property/luce-the-light-at-palm-jumeirah-by-taraf-developments/