129, Five Luxe
Sold prices and rental history: sold once, by the developer in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 129, Five Luxe
What is 129 worth today?
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Source: Dubai Land Department. Updated 16 February 2023.
Key facts
- Type
- Studio hotel apartment
- Size
- 444 sqft
- Floor
- 1st of 54
- Parking
- EU
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 1.65M · February 2023
- Building
- Five Luxe
About 129, Five Luxe
129 is a studio of 444 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 16 February 2023 for AED 1,649,183, or AED 3,716 per sqft, 19% below the AED 4,573 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 129 over time
129 has sold once; the dashed line is the studio median of each year in the building.
Studios in Five Luxe, and where 129 sits
All 177 studios →129 last sold in February 2023 at AED 3,716 per sqft, 19% below what studios in Five Luxe were fetching at the time (AED 4,573). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 712 sqft | 3,500,000 | 4,916 | ||
| 3 Jul 20263 July 2026 | 1,926 sqft | 10,182,490 | 5,285 | ||
| 2 Jul 20262 July 2026 | 1,292 sqft | 4,587,156 | 3,549 | ||
| 6 Feb 20266 February 2026 | 576 sqft | 2,600,000 | 4,511 |
Five Luxe
Building369 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%
Other units on the 1st floor
All 369 units in Five Luxe| ValueToday's value | |||||
|---|---|---|---|---|---|
| 104 | Studio | 933 sqft | AED 3.95MAED 3,948,875 · Apr 2023April 2023 | ||
| 105 | Studio | 800 sqft | AED 3.21MAED 3,209,057 · Feb 2023February 2023 | ||
| 106 | Studio | 798 sqft | AED 3.51MAED 3,513,183 · Feb 2023February 2023 | ||
| 107 | Studio | 799 sqft | AED 3.14MAED 3,142,857 · Mar 2024March 2024 | ||
| 108 | Studio | 798 sqft | AED 3.51MAED 3,513,183 · Aug 2023August 2023 | ||
| 109 | Studio | 788 sqft | AED 3.51MAED 3,513,183 · Apr 2023April 2023 | ||
| 111 | 1-bed | 1,521 sqft | AED 4.89MAED 4,889,429 · May 2024May 2024 | ||
| 112 | Studio | 889 sqft | AED 4.23MAED 4,232,779 · Feb 2025February 2025 | ||
| 113 | 1-bed | 1,581 sqft | AED 5.08MAED 5,082,141 · May 2024May 2024 | ||
| 115 | 1-bed | 1,939 sqft | AED 6.23MAED 6,232,880 · May 2024May 2024 | ||
| 116 | Studio | 1,055 sqft | AED 3.54MAED 3,535,076 · Aug 2023August 2023 | ||
| 117 | Studio | 1,004 sqft | AED 3.35MAED 3,348,649 · Aug 2023August 2023 | ||
| 118 | Studio | 818 sqft | AED 2.79MAED 2,786,927 · Jul 2023July 2023 | ||
| 120 | Studio | 787 sqft | AED 3.31MAED 3,313,072 · Oct 2024October 2024 | ||
| 121 | Studio | 821 sqft | AED 3.63MAED 3,634,264 · Aug 2024August 2024 | ||
| 123 | Studio | 613 sqft | AED 2.26MAED 2,260,419 · May 2023May 2023 | ||
| 125 | Studio | 506 sqft | AED 2.05MAED 2,050,000 · Mar 2024March 2024 | ||
| 126 | Studio | 806 sqft | AED 3.49MAED 3,491,494 · Oct 2023October 2023 | ||
| 127 | Studio | 418 sqft | AED 1.56MAED 1,564,610 · Feb 2023February 2023 | ||
| 131 | Studio | 805 sqft | AED 3.56MAED 3,562,761 · Sep 2024September 2024 | ||
| 132 | Studio | 832 sqft | AED 4.05MAED 4,053,798 · Dec 2024December 2024 | ||
| 133 | Studio | 817 sqft | AED 3.49MAED 3,491,494 · Jul 2023July 2023 |
129, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 16 February 2023 for AED 1,649,183, or AED 3,716 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 16 February 2023.
Questions about 129, Five Luxe
What did unit 129 last sell for?
AED 1,649,183 on 16 February 2023, sold by the developer: AED 3,716 per sqft for 444 sqft. It is the only registered sale of the unit.
How big is unit 129?
444 sqft (41.2 sqm): a studio on the 1st floor of a 54-storey tower completed in 2023.
What is unit 129 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 129, Five Luxe
Starts from the last sale price (AED 1.65M, 16 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,649,183
- Deposit, UAE resident (20%)
- AED 329,837
- Deposit, non-resident (40%)
- AED 659,673
- Monthly over 25 years at 3.7%
- AED 6,747
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →