Luce Palm Jumeirah in Palm Jumeirah
Luce Palm Jumeirah · Palm Jumeirah, Dubai
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Launch Price
AED 7M
Property Type
Apartment
Bedrooms
2 - 4 Beds
Payment Plan
20/40/40
Handover
TBC
Projected Yield
4.8 to 6.6%
Luce Palm Jumeirah is bringing 2 - 4 beds off-plan apartments to Palm Jumeirah in Dubai, priced from AED 7M. A 20% booking payment secures the unit. Construction-phase instalments total 40%, with the remaining 40% due at handover. Tenant demand from business professionals and long-stay residents in prime Dubai supports projected gross yields in the 4.8 to 6.6% range. Luce Palm Jumeirah sits in the premium tier. MonthlyDubai can match this project with your monthly capacity alongside comparable alternatives.
Payment Plan Breakdown
From AED 96,552/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 1,400,000 Due on signing SPA |
|
| During Construction | 40% | AED 96,552/mo 29 monthly instalments |
|
| On Handover | 40% | AED 2,800,000 Due at TBC |
|
| Total | AED 7,000,000 | ||
On Booking
20%
AED 1,400,000
Due on signing SPA
During Construction
40%
AED 96,552/mo
29 monthly instalments
On Handover
40%
AED 2,800,000
Due at TBC
Total
100%
AED 7,000,000
Questions about Luce Palm Jumeirah
What payment plan does Luce Palm Jumeirah offer?
Luce Palm Jumeirah uses a 20/40/40 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in TBC.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Luce Palm Jumeirah fits your budget and send you comparable alternatives.
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