Studio · 1,004 sqftFive Luxe, Jumeirah Beach Residence · 1st floor · completed 2023

117, Five Luxe

Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 117 · DLD and Ejari recordsUpdated 21 August 2023
Last soldAED 3.35M21 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 117, Five Luxe

What is 117 worth today?

Last sold for AED 3,348,649 in 2023

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21 Aug 2023Sold by developerOff-plan
AED 3,348,649AED 3,336 per sqft

Source: Dubai Land Department. Updated 21 August 2023.

Key facts

Type
Studio hotel apartment
Size
1,004 sqft
Floor
1st of 54
Parking
EU
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 3.35M · August 2023
Building
Five Luxe

About 117, Five Luxe

117 is a studio of 1,004 sqft on the 1st floor of Five Luxe, a 54-storey tower in Jumeirah Beach Residence completed in 2023 by Devco Real Estate Development . The developer sold it on 21 August 2023 for AED 3,348,649, or AED 3,336 per sqft, 25% below the AED 4,458 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 117 over time

Sales
Unit 117, each saleTypical studio in Five Luxe
3M3.5M2021202320252027Typical sale price by year: 2021 AED 2,800,000; 2022 AED 2,867,000; 2023 AED 3,690,685; 2024 AED 3,629,632; 2025 AED 3,600,000; 2026 AED 3,500,000Sold by developer, August 2023: AED 3,348,649 (AED 3,336 per sqft)

117 has sold once; the dashed line is the studio median of each year in the building.

Studios in Five Luxe, and where 117 sits

All 177 studios →

117 last sold in August 2023 at AED 3,336 per sqft, 25% below what studios in Five Luxe were fetching at the time (AED 4,458). Over the last 12 months studios sold for AED 2,600,000 to 10,182,490, around AED 4,511 per sqft, and rent for AED 300,000 to 300,000 a year.

Recent studio salesUnit no.Price (AED)Summary
6 Oct 20263,500,000
3 Jul 202610,182,490
2 Jul 20264,587,156
6 Feb 20262,600,000
5 studio sales in the last 12 months

Five Luxe

Building

369 apartments, studios to 6-bed over 54 floors in Jumeirah Beach Residence, completed in 2023 by Devco Real Estate Development . 11 sold in the last 12 months.

Typical price per sqft
AED 4,382 Down 15.8%
Typical sale
AED 4.59M
Typical rent
AED 300K /yr
Typical yield
3.8%
Five Luxe, Jumeirah Beach Residence: prices, sales and rents →

Other units on the 1st floor

All 369 units in Five Luxe
Value
104StudioAED 3.95M · Apr 2023
105StudioAED 3.21M · Feb 2023
106StudioAED 3.51M · Feb 2023
107StudioAED 3.14M · Mar 2024
108StudioAED 3.51M · Aug 2023
109StudioAED 3.51M · Apr 2023
1111-bedAED 4.89M · May 2024
1–7 of 22

117, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 21 August 2023 for AED 3,348,649, or AED 3,336 per sqft.
  • Studios in Five Luxe sold for AED 2,600,000–10,182,490 in the 12 months to November 2026; the building's median across all types is AED 4,382 per sqft.

Source: Dubai Land Department. Updated 21 August 2023.

Questions about 117, Five Luxe

What did unit 117 last sell for?

AED 3,348,649 on 21 August 2023, sold by the developer: AED 3,336 per sqft for 1,004 sqft. It is the only registered sale of the unit.

How big is unit 117?

1,004 sqft (93.3 sqm): a studio on the 1st floor of a 54-storey tower completed in 2023.

What is unit 117 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Five Luxe sold for AED 2,600,000 to 10,182,490 in the last 12 months, around AED 4,511 per sqft.

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Mortgage on 117, Five Luxe

Starts from the last sale price (AED 3.35M, 21 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,348,649
Deposit, UAE resident (20%)
AED 669,730
Deposit, non-resident (40%)
AED 1,339,460
Monthly over 25 years at 3.7%
AED 13,700

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →