LUCE RESIDENCES in Palm Jumeirah, Dubai, UAE № 239621

Architecture and design

The off-plan Luce Residences residential complex is designed to meet the latest trends in architecture and interior design. The style of the building combines elements of modern and traditional Arabic architecture. The developers paid great attention to the details and proportions of the tower. The facade design focuses on glass panels and metal lines to make the building lighter.

Each flat in Luce Residences has a spacious layout and plenty of natural light. The apartment offers views of the Persian Gulf and the city. Light colours and natural shades in the residences create a comfortable atmosphere. The developers use natural materials for finishing, including wooden and stone design elements. The entire housing stock in the community will include all the most modern amenities. The kitchens in the residences will have premium household appliances, and the bathrooms will be equipped with sanitary ware from the world's best manufacturers. You can find relevant offers in the off-plan residential complex in the website catalogue, see prices and layouts, and leave a request for a manager's consultation.

Apartments in Luce Residences

The apartments in Luce Residences on the Palm Jumeirah island are elegantly decorated with high-quality finishing materials. The community offers the following housing types:

• The studios, which will consist of a bedroom, a living room with a dining area, a modern kitchen and a bathroom. They are equipped with a kitchen with all necessary appliances. Their lowest price is $1.9 million.
• The 2-bedroom 170 m² residences, which have storage cabinets and modern built-in appliances.
• The 3-bedroom 220 m2 apartments in Luce Residences, which consist of three bedrooms, a living room, a modern kitchen and three bathrooms.
• The 4-bedroom apartments, whose area varies between 341 and 382 m². They have a similar layout with 3-bedroom flats.
• The building has a unique penthouse and a four-bedroom duplex.

Lifestyle

The Luce Residences residential complex in Dubai is located on the first line of the Persian Gulf, in one of the most prestigious areas of the Emirate. This is a location for those who are not ready to settle for small things and want to get the best out of life. This place is perfect for families with children, single or childless couples. The location differs favourably from other remote communities with good transport links, a unique status, sandy beaches and various amenities nearby. Residents can easily move around the island or get to the mainland. The Palm Jumeirah provides several means of public transport: these are buses, trams and a monorail. There are also many marinas on the island where you can rent boats, yachts and speedboats to enjoy the beauty of the Persian Gulf and travel around the city along the coastline.

Real estate in Luce Residences is suitable for a wide range of buyers due to a large selection of layouts: from one- to four-bedroom apartments. In general, the community offers its residents a luxurious and comfortable lifestyle with numerous amenities, including children’s infrastructure. The complex provides a high level of security, round-the-clock video surveillance and individual electronic cards for residents.

Real estate in Luce Residences for investment

The new Luce Residences building is a premium residential complex in a unique location, one of the most prestigious not only in the UAE but also all over the world. The apartments in Luce Residences will become a profitable investment tool. Let's take a closer look at the advantages of buying a local property:

• Location. The beautiful bulk archipelago of Palm Jumeirah boasts excellent links to the rest of Dubai and offers year-round access to beaches, shopping malls, restaurants, bars and clubs. This location attracts a lot of residents and tourists, which provides a high rental yield to investors.
• The highest quality of construction. The community is built with advanced technologies and high-quality materials, which guarantees lower energy costs and long-term benefits.
• Yield. Luce Residences in Palm Jumeirah is a profitable investment for investors. The ROI here ranges from 5.3 to 6.1%. Dubai’s luxury housing prices are rising, so if you want, you can resell your apartment in the residential complex profitably after a few years.
• Tax benefits. The UAE is one of the most profitable countries to invest in real estate due to its generous tax policy. Owners in the UAE are exempt from tax on income and profits from the sale of real estate.

Nowadays, real estate is one of the most attractive investment options, especially in such rapidly developing countries as the UAE. The market of real estate in Dubai has shown steady growth in recent years. Palm Jumeirah is one of the most attractive areas for investors. Buying an off-plan property in Luce Residences is the most beneficial, as after putting the community into operation, the cost of apartments in the complex will increase by 20–30%.