Studio · 576 sqftFive Luxe, Jumeirah Beach Residence · 14th floor · completed 2023

1402, Five Luxe

Sold prices and rental history: sold twice, last 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.

Unit 1402 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 3.58M10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Five Luxe

What is 1402 worth today?

Last sold for AED 3,580,000 in 2024

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10 Sep 2024SoldReady
AED 3,580,000AED 6,211 per sqft
5 Jan 2022Sold by developerOff-plan
AED 2,700,000AED 4,685 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
Studio apartment
Size
576 sqft
Floor
14th of 54
Parking
B2-297
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 3.58M · September 2024
Building
Five Luxe

About 1402, Five Luxe

1402 is a studio of 576 sqft on the 14th floor of Five Luxe, a 54-storey tower in Jumeirah Beach Residence completed in 2023 by Devco Real Estate Development . It last sold on 10 September 2024 for AED 3,580,000, or AED 6,211 per sqft, 29% above 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 1402 over time

Sales
Unit 1402, 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, January 2022: AED 2,700,000 (AED 4,685 per sqft)Sold, September 2024: AED 3,580,000 (AED 6,211 per sqft)

1402 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Five Luxe, and where 1402 sits

All 177 studios →

1402 last sold in September 2024 at AED 6,211 per sqft, 29% above 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 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 14th floor

All 369 units in Five Luxe
Value
1401StudioAED 3M · Feb 2022
14031-bedAED 4M · Nov 2021
1404StudioAED 2.85M · Nov 2021
14051-bedAED 4.1M · Jun 2025
14061-bedAED 4.07M · Dec 2021
1407StudioAED 3.63M · Sep 2024
14081-bedAED 5.25M · Apr 2024
1–7 of 8

1402, Five Luxe in numbers

  • Sold twice: first on 5 January 2022 for AED 2,700,000, last on 10 September 2024 for AED 3,580,000 (AED 6,211 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 1402, Five Luxe

What did unit 1402 last sell for?

AED 3,580,000 on 10 September 2024: AED 6,211 per sqft for 576 sqft. The unit has 2 registered sales; the first was AED 2,700,000 in January 2022.

How big is unit 1402?

576 sqft (53.5 sqm): a studio on the 14th floor of a 54-storey tower completed in 2023.

What is unit 1402 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 1402, Five Luxe

Starts from the last sale price (AED 3.58M, 10 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,580,000
Deposit, UAE resident (20%)
AED 716,000
Deposit, non-resident (40%)
AED 1,432,000
Monthly over 25 years at 3.7%
AED 14,647

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