1-bed · 788 sqftFive Luxe, Jumeirah Beach Residence · 14th floor · completed 2023

1406, Five Luxe

Sold prices and rental history: sold once, by the developer in December 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 22 December 2021
Last soldAED 4.07M22 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Five Luxe

What is 1406 worth today?

Last sold for AED 4,068,500 in 2021

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22 Dec 2021Sold by developerOff-plan
AED 4,068,500AED 5,162 per sqft

Source: Dubai Land Department. Updated 22 December 2021.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
14th of 54
Parking
1
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 4.07M · December 2021
Building
Five Luxe

About 1406, Five Luxe

1406 is a one-bedroom apartment of 788 sqft on the 14th 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 22 December 2021 for AED 4,068,500, or AED 5,162 per sqft, 66% above the AED 3,112 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, December 2021: AED 4,068,500 (AED 5,162 per sqft)

1406 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1406, 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 1406 sits

All 116 1-beds →

1406 last sold in December 2021 at AED 5,162 per sqft, 66% above what one-beds in Five Luxe were fetching at the time (AED 3,112). 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 14th floor

All 369 units in Five Luxe
Value
1401StudioAED 3M · Feb 2022
1402StudioAED 3.58M · Sep 2024
14031-bedAED 4M · Nov 2021
1404StudioAED 2.85M · Nov 2021
14051-bedAED 4.1M · Jun 2025
1407StudioAED 3.63M · Sep 2024
14081-bedAED 5.25M · Apr 2024
1–7 of 8

1406, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 22 December 2021 for AED 4,068,500, or AED 5,162 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 22 December 2021.

Questions about 1406, Five Luxe

What did unit 1406 last sell for?

AED 4,068,500 on 22 December 2021, sold by the developer: AED 5,162 per sqft for 788 sqft. It is the only registered sale of the unit.

How big is unit 1406?

788 sqft (73.2 sqm): a one-bedroom apartment on the 14th floor of a 54-storey tower completed in 2023.

What is unit 1406 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 1406, Five Luxe

Starts from the last sale price (AED 4.07M, 22 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,068,500
Deposit, UAE resident (20%)
AED 813,700
Deposit, non-resident (40%)
AED 1,627,400
Monthly over 25 years at 3.7%
AED 16,645

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