131, Five Luxe
Sold prices and rental history: sold once, by the developer in September 2024, 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 131, Five Luxe
What is 131 worth today?
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Source: Dubai Land Department. Updated 10 September 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 805 sqft
- Floor
- 1st of 54
- Parking
- EU
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 3.56M · September 2024
- Building
- Five Luxe
About 131, Five Luxe
131 is a studio of 805 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 10 September 2024 for AED 3,562,761, or AED 4,428 per sqft, 8% below the AED 4,821 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 131 over time
131 has sold once; the dashed line is the studio median of each year in the building.
Studios in Five Luxe, and where 131 sits
All 177 studios →131 last sold in September 2024 at AED 4,428 per sqft, 8% below what studios in Five Luxe were fetching at the time (AED 4,821). 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 | ||
| 129 | Studio | 444 sqft | AED 1.65MAED 1,649,183 · Feb 2023February 2023 | ||
| 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 |
131, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 10 September 2024 for AED 3,562,761, or AED 4,428 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 10 September 2024.
Questions about 131, Five Luxe
What did unit 131 last sell for?
AED 3,562,761 on 10 September 2024, sold by the developer: AED 4,428 per sqft for 805 sqft. It is the only registered sale of the unit.
How big is unit 131?
805 sqft (74.8 sqm): a studio on the 1st floor of a 54-storey tower completed in 2023.
What is unit 131 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 131, Five Luxe
Starts from the last sale price (AED 3.56M, 10 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,562,761
- Deposit, UAE resident (20%)
- AED 712,552
- Deposit, non-resident (40%)
- AED 1,425,104
- Monthly over 25 years at 3.7%
- AED 14,576
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →