4 Bedroom Penthouse in Luce, Palm Jumeirah, Panoramic 360 Sea Views, Offered at Original Price

4-Bedroom Penthouse Luce Palm Jumeirah — Bedroom In Panoramic Sea Views Offered Price
4-Bedroom Penthouse Luce Palm Jumeirah. Bedroom In Panoramic Sea Views Offered Price.

AED 39,990,000 was AED 39,990,000

Deal typeBelow Market
PriceAED 39,990,000
Original priceAED 39,990,000
Bedrooms4
Bathrooms5
Size8298 sq.ft
TypePenthouse
StatusReady
DeveloperTaraf Properties
Area / Master developmentPalm Jumeirah
Sub-community / PhaseThe Crescent
CommunityPalm Jumeirah

Property Overview

This 4-bedroom plus maid penthouse with panoramic 360 open sea views in Luce, Palm Jumeirah, is listed at AED 39,990,000, the original purchase price. The seller is exiting at cost. The penthouse spans 8,298 sqft with 5 bathrooms, 2 parking spaces, smart home automation and floor-to-ceiling windows. A post-handover payment plan is available. The unit is vacant and ready for immediate occupancy.

Property Highlights

  • 4-bedroom penthouse with maid room
  • Built-up area: 8,298 sqft
  • 5 bathrooms, 2 parking spaces
  • Panoramic 360 open sea views
  • Smart home automation
  • Floor-to-ceiling windows
  • Large private balcony and terrace
  • Post-handover payment plan available
  • Asking price: AED 39,990,000 (at original purchase price)
  • Rate: AED 4,819 per sqft
  • Ready property (completed Q4 2025)

At Original Price Exit

The asking price of AED 39,990,000 equals the original purchase price. While there is no discount from the OP, the seller exits at cost, absorbing the 4% DLD transfer fee (approximately AED 1,600,000) plus time and opportunity costs. The matching Property Finder listing confirms this is marketed as an original price deal. If a negotiated price falls below AED 39,990,000, the classification may be updated to Below OP.

Post-Handover Payment Plan

The agent states a post-handover payment plan is available. Buyers should verify the remaining payment schedule, outstanding balance and transfer terms with the seller and Taraf Properties before committing.

About Luce

Luce is an ultra-luxury residential development by Taraf Properties (the real estate division of Yas Holding) on the East Crescent of Palm Jumeirah. The nature-inspired development features 36 apartments plus an exclusive 4-bedroom penthouse and a 4-bedroom duplex, with sizes ranging from 1,825 to 9,436 sqft. Completed in Q4 2025, Luce offers 2, 3 and 4-bedroom residences with premium finishes and smart home technology.

Amenities include an infinity edge pool, private beach access, yoga and wellness studio, exclusive clubhouse, residents' lounge, entertainment room, landscaped leisure areas, children's play area, concierge services and 24/7 security.

Location and Connectivity

Luce is situated on the East Crescent of Palm Jumeirah with panoramic 360-degree sea views. Atlantis The Royal, Nakheel Mall, The Pointe and the Palm Monorail are nearby. Dubai Marina, JBR Beach and Sheikh Zayed Road are within close proximity. Buyers should verify specific travel times independently.

Verification Notes

The asking price, built-up area (8,298 sqft), 4-bedroom plus maid configuration, 5 bathrooms, 2 parking, panoramic 360 sea views, smart home, floor-to-ceiling windows, balcony, post-handover payment plan, vacant status and original price designation are sourced from the agent brief received in September 2026 and the matching Property Finder listing. The asking price equals the OP; there is no below-OP discount. The price per square foot of AED 4,819 is calculated from the asking price and stated built-up area. Buyers should independently verify all figures, review DLD records, confirm the payment plan terms and commission a valuation before committing.

Frequently asked questions

What is the asking price for this penthouse in Luce?

The asking price is AED 39,990,000 for an 8,298 sqft 4-bedroom plus maid penthouse with panoramic 360 sea views in Luce, Palm Jumeirah. This equals the original purchase price.

Why is this listed as a distress deal if the price equals the original?

The seller is exiting at cost, absorbing the 4% DLD transfer fee (approximately AED 1,600,000) plus time and opportunity costs. A sale at the original price with no return represents a motivated exit.

What is the price per square foot?

At AED 39,990,000 for 8,298 sqft, the rate is approximately AED 4,819 per square foot.

Is a post-handover payment plan available?

The agent states a post-handover payment plan is available. Buyers should verify the remaining payment schedule and terms with the seller and Taraf Properties.

What is Luce?

Luce is an ultra-luxury residential development by Taraf Properties (real estate division of Yas Holding) on the East Crescent of Palm Jumeirah. The development comprises 36 apartments plus an exclusive penthouse and a duplex, ranging from 1,825 to 9,436 sqft.

Is this a ready property?

Yes, Luce was completed in Q4 2025. The penthouse is vacant and ready for immediate occupancy.

What amenities does Luce offer?

Luce offers an infinity edge pool, private beach access, yoga and wellness studio, exclusive clubhouse, residents' lounge, landscaped leisure areas, entertainment room, children's play area, concierge services and 24/7 security.

How can buyers assess this deal?

Buyers should verify the post-handover payment terms, review DLD transaction records for comparable penthouses in Luce and on Palm Jumeirah, and commission a valuation before committing.

Buyer costs

What you will pay

Dubai transfer costs for an ready unit. Every figure editable — NOC is set by the developer and varies.

AED
Sale price
DLD transfer fee
NOC fee
Trustee / registration
Agency fee
VAT on agency (5%)

Total cost

Full payment schedule and unit details are released to qualified buyers on enquiry.

Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.

Finance

Mortgage estimate

Indicative monthly repayment on a UAE bank mortgage.

AED
Down payment
Loan amount
Total interest
Total repaid

Monthly payment

Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.

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