LUCE by Taraf

LUCE by Taraf is a boutique ultra-luxury beachfront development on the East Crescent of Palm Jumeirah, Dubai. The project comprises just 36 residences — including 2–4BR apartments, duplexes, and a penthouse — ranging from 1,825 to 9,436 sq ft. Its low-density design, floor-to-ceiling glazing, and private beach access set it apart from larger Palm Jumeirah towers.

LUCE is developed by Taraf, a Dubai-based real estate developer focused on boutique ultra-luxury residential projects. Taraf positions its developments around architectural quality, exclusivity, and limited unit counts rather than volume. LUCE on Palm Jumeirah's East Crescent is among their flagship offerings in the Dubai market.

Residences at LUCE by Taraf start from AED 10,000,000. The project offers 2–4BR apartments, duplexes, and a penthouse with unit sizes ranging from 1,825 sq ft up to 9,436 sq ft. Selected residences include private swimming pools, and all units come with dedicated staff rooms.

LUCE by Taraf offers a 60/40 payment plan, with 60% payable during construction milestones and 40% due on handover. This structure allows buyers to stage the majority of their investment across the construction period. Handover is scheduled for Q4 2025, making the timeline relatively near-term.

LUCE by Taraf is scheduled for handover in Q4 2025. As an off-plan project with a near-term delivery date, buyers have limited construction risk compared to longer-horizon launches. The 60/40 payment plan aligns the final payment with key completion milestones.

LUCE offers a private beach with direct Arabian Gulf frontage, an infinity pool with open sea views, a state-of-the-art fitness centre, yoga and meditation areas, and a residents' lounge. The building also provides 24/7 concierge and security services, valet parking, a children's play area, and landscaped gardens — all within a 36-unit low-density setting.

LUCE sits on the East Crescent of Palm Jumeirah, one of the most exclusive and supply-constrained stretches of the island. The East Crescent is known for direct beachfront positioning, unobstructed Arabian Gulf views, and proximity to Palm Jumeirah's leading hotels and dining destinations. New beachfront development land in this segment is structurally limited, supporting long-term asset value.

Palm Jumeirah's ultra-prime beachfront segment averages rental yields of around 5%, underpinned by sustained international buyer demand and very limited new supply on the East Crescent. LUCE's 36-unit scale means low competition within the building, while Q4 2025 handover allows investors to begin generating rental income quickly. The 60/40 plan also reduces capital outlay during the construction phase.