1-bed · 788 sqftFive Luxe, Jumeirah Beach Residence · 12th floor · completed 2023

1206, Five Luxe

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 4.4M15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Five Luxe

What is 1206 worth today?

Last sold for AED 4,400,000 in 2024

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15 May 2024SoldReady
AED 4,400,000AED 5,582 per sqft
24 Jan 2022Sold by developerOff-plan
AED 3,700,000AED 4,694 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
12th of 54
Parking
B2-48
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 4.4M · May 2024
Building
Five Luxe

About 1206, Five Luxe

1206 is a one-bedroom apartment of 788 sqft on the 12th floor of Five Luxe, a 54-storey tower in Jumeirah Beach Residence completed in 2023 by Devco Real Estate Development . It last sold on 15 May 2024 for AED 4,400,000, or AED 5,582 per sqft, 30% above the AED 4,292 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical one-bed in Five Luxe
4M5M6M2021202320252027Typical sale price by year: 2021 AED 3,950,000; 2022 AED 4,018,070; 2023 AED 5,787,750; 2024 AED 5,052,627; 2025 AED 4,375,000; 2026 AED 4,750,000Sold by developer, January 2022: AED 3,700,000 (AED 4,694 per sqft)Sold, May 2024: AED 4,400,000 (AED 5,582 per sqft)

1206 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, each contractTypical one-bed in Five Luxe
150K202520262027Typical rent by year: 2025 AED 120,000; 2026 AED 180,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Five Luxe, and where 1206 sits

All 116 1-beds →

1206 last sold in May 2024 at AED 5,582 per sqft, 30% above what one-beds in Five Luxe were fetching at the time (AED 4,292). Over the last 12 months one-beds sold for AED 3,900,000 to 8,088,097, around AED 3,594 per sqft, and rent for AED 165,000 to 300,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 20264,750,000
3 Jul 20268,088,097
4 Feb 20263,900,000
13 Nov 20254,450,000
4 1-bed 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 12th floor

All 369 units in Five Luxe
Value
1201StudioAED 3M · Mar 2022
1202StudioAED 2.6M · Feb 2026
12031-bedAED 4M · Dec 2021
1204StudioAED 2.85M · Dec 2021
12051-bedAED 4.1M · Jun 2025
1207StudioAED 3.39M · Apr 2022
12081-bedAED 4.02M · Jan 2022
1–7 of 8

1206, Five Luxe in numbers

  • Sold twice: first on 24 January 2022 for AED 3,700,000, last on 15 May 2024 for AED 4,400,000 (AED 5,582 per sqft).
  • One-beds in Five Luxe sold for AED 3,900,000–8,088,097 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 15 May 2024.

Questions about 1206, Five Luxe

What did unit 1206 last sell for?

AED 4,400,000 on 15 May 2024: AED 5,582 per sqft for 788 sqft. The unit has 2 registered sales; the first was AED 3,700,000 in January 2022.

How big is unit 1206?

788 sqft (73.2 sqm): a one-bedroom apartment on the 12th floor of a 54-storey tower completed in 2023.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Five Luxe sold for AED 3,900,000 to 8,088,097 in the last 12 months, around AED 3,594 per sqft.

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Mortgage on 1206, Five Luxe

Starts from the last sale price (AED 4.4M, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

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