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LUCE

by TARAF DEVELOPMENT L.L.C·PALM JUMEIRAHResidentialFreeholdOff-plan Heavy

Development & Handover Profile

⚠️ Past Expected Date
Construction Progress48.1%
Project Start
Jul 1, 2023
Expected Handover
Dec 31, 2025
Total Units
38
Avg Unit Size
3031 sqft
Freehold Ratio
100%
Escrow Agent
First Abu Dhabi Bank
Median Price
AED 10.60M
PSF
AED 4,086/sqft
Sales 12M
3
vs Area
+253.4%
Asset Turnover
ⓘ
7.9%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
38
Avg Unit Size
3031 sqft
2BR
18.4%
4BR+
26.3%
3BR
55.3%

Room Configuration

Unit TypeCountShare
3BR2155.3%
4BR+1026.3%
2BR718.4%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
3BR55.3%
21 units
75.0%
3 sold
1.36🔥 HIGH DEMAND
4BR+26.3%
10 units
25.0%
1 sold
0.95⚠️ STAGNANT
2BR18.4%
7 units
0.0%
0 sold
—🚫 GHOST UNIT
Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
30 Jan 2026
PALM JUMEIRAH3BRAED 11.30MAED 3,270/sqftOff-planFreehold
10 Dec 2025
PALM JUMEIRAH4BR+AED 17.80MAED 4,295/sqftOff-planFreehold
21 Nov 2025
PALM JUMEIRAH3BRAED 9.80MAED 4,171/sqftOff-planFreehold
29 Oct 2025
PALM JUMEIRAH3BRAED 11.00MAED 3,971/sqftOff-planFreehold
19 Jun 2025
PALM JUMEIRAH3BRAED 10.19MAED 4,403/sqftOff-planFreehold
29 May 2025
PALM JUMEIRAH3BRAED 9.80MAED 4,105/sqftOff-planFreehold
10 Apr 2025
PALM JUMEIRAH3BRAED 10.48MAED 4,028/sqftOff-planFreehold
20 Jun 2024
PALM JUMEIRAH3BRAED 13.50MAED 5,110/sqftOff-planFreehold
2 Apr 2024
PALM JUMEIRAH3BRAED 12.50MAED 4,972/sqftOff-planFreehold
26 Feb 2024
PALM JUMEIRAH4BR+AED 40.00MAED 4,820/sqftOff-planFreehold
26 Oct 2023
PALM JUMEIRAH4BR+AED 15.58MAED 4,290/sqftOff-planFreehold
22 Aug 2023
PALM JUMEIRAH4BR+AED 47.65MAED 4,680/sqftOff-planFreehold
14 Aug 2023
PALM JUMEIRAH3BRAED 10.04MAED 3,860/sqftOff-planFreehold
14 Jul 2023
PALM JUMEIRAH3BRAED 9.90MAED 4,184/sqftOff-planFreehold
9 Jun 2023
PALM JUMEIRAH3BRAED 10.54MAED 3,917/sqftOff-planFreehold
31 May 2023
PALM JUMEIRAH4BR+AED 15.34MAED 4,293/sqftOff-planFreehold
31 May 2023
PALM JUMEIRAH2BRAED 6.85MAED 3,753/sqftOff-planFreehold
29 May 2023
PALM JUMEIRAH3BRAED 9.52MAED 4,023/sqftOff-planFreehold
29 May 2023
PALM JUMEIRAH3BRAED 10.67MAED 4,192/sqftOff-planFreehold
25 May 2023
PALM JUMEIRAH3BRAED 10.96MAED 4,194/sqftOff-planFreehold
23 May 2023
PALM JUMEIRAH3BRAED 10.29MAED 4,034/sqftOff-planFreehold
23 May 2023
PALM JUMEIRAH3BRAED 10.52MAED 4,105/sqftOff-planFreehold
15 May 2023
PALM JUMEIRAH3BRAED 9.27MAED 3,915/sqftOff-planFreehold
11 May 2023
PALM JUMEIRAH3BRAED 10.71MAED 4,190/sqftOff-planFreehold
9 May 2023
PALM JUMEIRAH2BRAED 6.79MAED 3,719/sqftOff-planFreehold
9 May 2023
PALM JUMEIRAH2BRAED 6.82MAED 3,736/sqftOff-planFreehold
9 May 2023
PALM JUMEIRAH3BRAED 9.58MAED 3,922/sqftOff-planFreehold
9 May 2023
PALM JUMEIRAH4BR+AED 17.33MAED 4,210/sqftOff-planFreehold
9 May 2023
PALM JUMEIRAH3BRAED 9.83MAED 3,944/sqftOff-planFreehold
27 Apr 2023
PALM JUMEIRAH4BR+AED 15.98MAED 4,349/sqftOff-planFreehold
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