505, LUCE
Sold prices and rental history: sold twice, last in April 2024, 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 505, LUCE
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,514 sqft
- Floor
- 5th of 9
- Parking
- 3
- Developer
- Taraf Development
- Completed
- 2025
- Last sold
- AED 12.5M · April 2024
- Building
- LUCE
About 505, LUCE
505 is a three-bedroom apartment of 2,514 sqft on the 5th floor of LUCE, a 9-storey tower in Palm Jumeirah completed in 2025 by Taraf Development . It last sold on 1 April 2024 for AED 12,500,000, or AED 4,972 per sqft, 23% above 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 505 over time
505 has sold twice; the dashed line is the three-bed median of each year in the building.
3-beds in LUCE, and where 505 sits
All 21 3-beds →505 last sold in April 2024 at AED 4,972 per sqft, 23% above 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 LUCE505, LUCE in numbers
- Sold twice: first on 18 April 2023 for AED 10,780,000, last on 1 April 2024 for AED 12,500,000 (AED 4,972 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 1 April 2024.
Questions about 505, LUCE
What did unit 505 last sell for?
AED 12,500,000 on 1 April 2024: AED 4,972 per sqft for 2,514 sqft. The unit has 2 registered sales; the first was AED 10,780,000 in April 2023.
How big is unit 505?
2,514 sqft (233.6 sqm): a three-bedroom apartment on the 5th floor of a 9-storey tower completed in 2025.
What is unit 505 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 505, LUCE
Starts from the last sale price (AED 12.5M, 1 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 12,500,000
- Deposit, UAE resident (20%)
- AED 2,500,000
- Deposit, non-resident (40%)
- AED 5,000,000
- Monthly over 25 years at 3.7%
- AED 51,141
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →