501, LUCE
Sold prices and rental history: sold once, by the developer in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, LUCE
What is 501 worth today?
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Source: Dubai Land Department. Updated 25 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,365 sqft
- Floor
- 5th of 9
- Parking
- 3
- Developer
- Taraf Development
- Completed
- 2025
- Last sold
- AED 9.52M · May 2023
- Building
- LUCE
About 501, LUCE
501 is a three-bedroom apartment of 2,365 sqft on the 5th floor of LUCE, a 9-storey tower in Palm Jumeirah completed in 2025 by Taraf Development . The developer sold it on 25 May 2023 for AED 9,515,000, or AED 4,023 per sqft, in line with the AED 4,034 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 501 over time
501 has sold once; the dashed line is the three-bed median of each year in the building.
3-beds in LUCE, and where 501 sits
All 21 3-beds →501 last sold in May 2023 at AED 4,023 per sqft, in line with what three-beds in LUCE were fetching at the time (AED 4,034). Over the last 12 months three-beds sold for AED 9,800,000 to 11,300,000, around AED 3,720 per sqft.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 3,456 sqft | 11,300,000 | 3,269 | ||
| 20 Nov 202520 November 2025 | 2,349 sqft | 9,800,000 | 4,171 | ||
| 29 Oct 202529 October 2025 | 2,770 sqft | 11,000,000 | 3,971 | ||
| 19 Jun 202519 June 2025 | 2,313 sqft | 10,185,000 | 4,403 |
LUCE
Building38 apartments, 2-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2025 by Taraf Development . 3 sold in the last 12 months.
- Typical price per sqft
- AED 4,171
- Typical sale
- AED 11.3M
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 38 units in LUCE501, LUCE in numbers
- Sold once: by Taraf Development on 25 May 2023 for AED 9,515,000, or AED 4,023 per sqft.
- Three-beds in LUCE sold for AED 9,800,000–11,300,000 in the 12 months to November 2026; the building's median across all types is AED 4,171 per sqft.
Source: Dubai Land Department. Updated 25 May 2023.
Questions about 501, LUCE
What did unit 501 last sell for?
AED 9,515,000 on 25 May 2023, sold by the developer: AED 4,023 per sqft for 2,365 sqft. It is the only registered sale of the unit.
How big is unit 501?
2,365 sqft (219.7 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2025.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in LUCE sold for AED 9,800,000 to 11,300,000 in the last 12 months, around AED 3,720 per sqft.
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Mortgage on 501, LUCE
Starts from the last sale price (AED 9.52M, 25 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 9,515,000
- Deposit, UAE resident (20%)
- AED 1,903,000
- Deposit, non-resident (40%)
- AED 3,806,000
- Monthly over 25 years at 3.7%
- AED 38,929
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →