1407, 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.
Property timeline for 1407, Five Luxe
What is 1407 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 511 sqft
- Floor
- 14th of 54
- Parking
- B2-160
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 3.63M · September 2024
- Building
- Five Luxe
About 1407, Five Luxe
1407 is a studio of 511 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 25 September 2024 for AED 3,625,000, or AED 7,089 per sqft, 51% above the AED 4,705 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1407 over time
1407 has sold twice; the dashed line is the studio median of each year in the building.
Studios in Five Luxe, and where 1407 sits
All 177 studios →1407 last sold in September 2024 at AED 7,089 per sqft, 51% above what studios in Five Luxe were fetching at the time (AED 4,705). 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 14th floor
All 369 units in Five Luxe| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 712 sqft | AED 3MAED 3,000,000 · Feb 2022February 2022 | ||
| 1402 | Studio | 576 sqft | AED 3.58MAED 3,580,000 · Sep 2024September 2024 | ||
| 1403 | 1-bed | 1,285 sqft | AED 4MAED 4,000,000 · Nov 2021November 2021 | ||
| 1404 | Studio | 488 sqft | AED 2.85MAED 2,850,000 · Nov 2021November 2021 | ||
| 1405 | 1-bed | 788 sqft | AED 4.1MAED 4,100,000 · Jun 2025June 2025 | ||
| 1406 | 1-bed | 788 sqft | AED 4.07MAED 4,068,500 · Dec 2021December 2021 | ||
| 1408 | 1-bed | 1,380 sqft | AED 5.25MAED 5,250,000 · Apr 2024April 2024 | ||
| 1409 | 2-bed | 1,843 sqft | AED 6.5MAED 6,500,000 · Mar 2022March 2022 |
1407, Five Luxe in numbers
- Sold twice: first on 11 January 2022 for AED 2,800,000, last on 25 September 2024 for AED 3,625,000 (AED 7,089 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 25 September 2024.
Questions about 1407, Five Luxe
What did unit 1407 last sell for?
AED 3,625,000 on 25 September 2024: AED 7,089 per sqft for 511 sqft. The unit has 2 registered sales; the first was AED 2,800,000 in January 2022.
How big is unit 1407?
511 sqft (47.5 sqm): a studio on the 14th floor of a 54-storey tower completed in 2023.
What is unit 1407 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.
Selling 1407? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1407, Five Luxe
Starts from the last sale price (AED 3.63M, 25 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,625,000
- Deposit, UAE resident (20%)
- AED 725,000
- Deposit, non-resident (40%)
- AED 1,450,000
- Monthly over 25 years at 3.7%
- AED 14,831
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →