Luce Palm Jumeirah: Apartments on The Crescent
Taraf Properties built Luce on The Crescent of Palm Jumeirah, one of the most recognizable residential addresses in Dubai. The Crescent wraps the outer arc of the Palm, sitting further from the trunk than the fronds. Residents here trade the bustle of the main spine for a quieter, more enclosed position while keeping Gulf water views and the Palm address.
The Crescent: Position and Practicalities
Palm Jumeirah sits roughly 30 minutes from Downtown Dubai by car and about 15 minutes from Dubai Marina. The Crescent is the outermost ring of the Palm, facing the open Arabian Gulf on three sides. That position delivers water views and a sense of separation from the city, but also places residents at a remove from the island's retail and dining spine. The Palm Monorail serves the trunk but does not reach the Crescent, so a car is essential for daily movement. For investment buyers, the Crescent is a well-established location in the short-stay rental market.
What AED 7M to AED 14M Buys You
Apartments at Luce range from AED 6,994,425 to AED 13,988,116. That is roughly a 2x spread within a single building. A gap this wide reflects meaningful differences in unit size, configuration, or floor level across the project. The lower end of the range is a luxury entry point on one of Dubai's most recognized addresses. The upper end suits buyers seeking the largest or highest-positioned units. Both sit firmly in the luxury segment, but the buyer at AED 7M and the buyer at AED 14M are making very different purchases.
One Property Type, Two Buyer Profiles
All units at Luce are apartments. The combination of The Crescent address, the price range, and the apartment format points to a project targeting residents who want Gulf views and investors active in the short-stay rental market.
What the Amenity Set Says
| Category | Facilities |
|---|---|
| Fitness | Gymnasium, Tennis Courts |
| Leisure | Shared Pool, Restaurants |
| Family | Children's Play Area |
| Safety | Security |
Six amenities is a focused offering rather than a resort-style package. The gymnasium and tennis courts cover active residents well. On-site restaurants reduce reliance on leaving the building for daily dining, which carries more weight on the Crescent where the main retail area requires a drive. The pool supports the building's appeal to both residents and the short-stay rental market. The children's play area places families clearly within the target resident profile alongside investment buyers.
Past the Original Handover Date
Construction began in July 2023 and the scheduled completion was December 2025. As of late 2026, the project has reached or passed its original handover date. Buyers entering now are looking at a near-complete or already-delivered project rather than a multi-year off-plan timeline.
Getting In for 20%
| Stage | Payment |
|---|---|
| Down payment | 20% |
| During construction | 40% |
| Handover | 40% |
20% down secures the unit. The remaining 80% divides evenly between the construction period and handover. Because the project is at or past its completion date, the construction-phase tranche may be partially or fully due now rather than spread over a future build schedule. There is no post-handover plan, so the full remaining balance is owed at handover.
