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.
Property timeline for 503, LUCE
What is 503 worth today?
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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 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 503 over time
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 17 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 4,034). Over the last 12 months three-beds sold for AED 9,800,000, around AED 4,171 per sqft.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jun 202519 June 2025 | 2,313 sqft | 10,185,000 | 4,403 | ||
| 29 May 202529 May 2025 | 2,387 sqft | 9,800,000 | 4,105 | ||
| 10 Apr 202510 April 2025 | 2,601 sqft | 10,477,174 | 4,027 | ||
| 20 Jun 202420 June 2024 | 2,642 sqft | 13,500,000 | 5,110 |
LUCE
Building37 apartments, 2-bed to 4-bed over 9 floors in Palm Jumeirah, completed in 2025 by Taraf Development. 2 sold in the last 12 months.
- Typical price per sqft
- AED 4,233
- Typical sale
- AED 13.8M
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 37 units in LUCE503, 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 9,800,000–9,800,000 in the 12 months to November 2026; the building's median across all types is AED 4,233 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 9,800,000 in the last 12 months, around AED 4,171 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 AED 437,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →