3-bed · 2,551 sqftLUCE, Palm Jumeirah · 5th floor · completed 2025

503, 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.

Unit 503 · DLD and Ejari recordsUpdated 22 May 2023
Last soldAED 10.29M22 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, LUCE

What is 503 worth today?

Last sold for AED 10,290,000 in 2023

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22 May 2023Sold by developerOff-plan
AED 10,290,000AED 4,034 per sqft

Source: Dubai Land Department. Updated 22 May 2023.

Key facts

Type
3-bed apartment
Size
2,551 sqft
Floor
5th of 9
Parking
3
Developer
Taraf Development
Completed
2025
Last sold
AED 10.29M · May 2023
Building
LUCE

About 503, LUCE

503 is a three-bedroom apartment of 2,551 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 22 May 2023 for AED 10,290,000, or AED 4,034 per sqft, in line with the AED 3,943 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical three-bed in LUCE
10.2M10.25M10.3M2023202420252026Typical sale price by year: 2023 AED 10,292,500; 2025 AED 10,185,000Sold by developer, May 2023: AED 10,290,000 (AED 4,034 per sqft)

503 has sold once; the dashed line is the three-bed median of each year in the building.

3-beds in LUCE, and where 503 sits

All 21 3-beds →

503 last sold in May 2023 at AED 4,034 per sqft, in line with what three-beds in LUCE were fetching at the time (AED 3,943). 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 salesUnit no.Price (AED)Summary
30 Jan 202611,300,000
20 Nov 20259,800,000
29 Oct 202511,000,000
19 Jun 202510,185,000
2 3-bed sales in the last 12 months

LUCE

Building

38 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
LUCE, Palm Jumeirah: prices, sales and rents →

Other units on the 5th floor

All 38 units in LUCE
Value
5013-bedAED 9.52M · May 2023
5022-bedAED 6.68M · Apr 2023
5044-bedAED 15.34M · May 2023
5053-bedAED 12.5M · Apr 2024

503, LUCE in numbers

  • Sold once: by Taraf Development on 22 May 2023 for AED 10,290,000, or AED 4,034 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 22 May 2023.

Questions about 503, LUCE

What did unit 503 last sell for?

AED 10,290,000 on 22 May 2023, sold by the developer: AED 4,034 per sqft for 2,551 sqft. It is the only registered sale of the unit.

How big is unit 503?

2,551 sqft (237.0 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2025.

What is unit 503 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 503, LUCE

Starts from the last sale price (AED 10.29M, 22 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 10,290,000
Deposit, UAE resident (20%)
AED 2,058,000
Deposit, non-resident (40%)
AED 4,116,000
Monthly over 25 years at 3.7%
AED 42,100

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →