The four-month stand off between workers and management resulted in 12 full days of strike action, affecting hundreds of thousands of passengers.
It was resolved on Friday after 66% of Luas drivers voted to accept a pay rise deal recommended by the Labour Court.
Irish Transport Minister Shane Ross welcomed the results of the ballot.
He said it was a positive outcome for the travelling public.
The drivers were represented by the Services Industrial Professional and Technical Union (SIPTU).
Owen Reidy from SIPTU said the Labour Court recommendation would see drivers in line for pay increases of between 15% and 18% over the next four years.
However Luas operator, Transdev Ireland, said the dispute had been difficult and damaging for the firm, its staff and its customers.
Gerry Madden from Transdev told Irish state broadcaster RTÃ‰:  "We've said all along there would be no winners in this - the company hasn't won, I don't think SIPTU will be saying they've won, the customers haven't won."

It is the second estimate for GDP growth from the Office for National Statistics (ONS).
It was a slowdown from the 0.7% rate in the second quarter, but still marked the 11th consecutive quarter of growth.
A widening trade gap is being blamed for the slowdown, with trade having a record negative effect on GDP.
The deficit in the trade balance, the gap between the level of exports and imports, widened from Â£7.7bn in the second quarter to Â£14.2bn in the third.
Exports increased by 0.9% while imports grew by 5.5%.
Overall, the trade gap knocked 1.5 percentage points off GDP, which is the most since records began in 1997.
Construction output was also a drag on growth, with the sector contracting by 2.2%.
The services sector, which accounts for more than three quarters of the economy, grew by 0.7% in the quarter.
Industrial production, which includes manufacturing, grew by 0.2%, and business investment was estimated to have risen by 2.2%.
"No surprises in the second estimate as the economy was ticking over, including a chunky contribution from business investment, which has had an unbroken run of expansion for a year," said Lee Hopley, chief economist at EEF, the manufacturers' organisation.
"Pulling sharply in the opposite direction is the contribution from net trade, with modest export growth being swamped by a massive bounce in imports."
A dispute that led to strikes by drivers of the Luas, Dublin's public tram system, has ended after staff voted to accept pay rises of up to 18%.
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The UK economy grew 0.5% between July and September, official figures have confirmed, unchanged from the initial estimate.