1408, Five Luxe
Sold prices and rental history: sold twice, last in April 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 1408, Five Luxe
What is 1408 worth today?
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Source: Dubai Land Department. Updated 2 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,380 sqft
- Floor
- 14th of 54
- Parking
- B2-161
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 5.25M · April 2024
- Building
- Five Luxe
About 1408, Five Luxe
1408 is a one-bedroom apartment of 1,380 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 2 April 2024 for AED 5,250,000, or AED 3,803 per sqft, 12% below the AED 4,302 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1408 over time
1408 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1408 sits
All 116 1-beds →1408 last sold in April 2024 at AED 3,803 per sqft, 12% below what one-beds in Five Luxe were fetching at the time (AED 4,302). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 1,285 sqft | 4,750,000 | 3,695 | ||
| 3 Jul 20263 July 2026 | 1,598 sqft | 8,088,097 | 5,060 | ||
| 4 Feb 20264 February 2026 | 1,116 sqft | 3,900,000 | 3,493 | ||
| 13 Nov 202513 November 2025 | 1,285 sqft | 4,450,000 | 3,462 |
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 | ||
| 1407 | Studio | 511 sqft | AED 3.63MAED 3,625,000 · Sep 2024September 2024 | ||
| 1409 | 2-bed | 1,843 sqft | AED 6.5MAED 6,500,000 · Mar 2022March 2022 |
1408, Five Luxe in numbers
- Sold twice: first on 22 November 2021 for AED 3,761,037, last on 2 April 2024 for AED 5,250,000 (AED 3,803 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 2 April 2024.
Questions about 1408, Five Luxe
What did unit 1408 last sell for?
AED 5,250,000 on 2 April 2024: AED 3,803 per sqft for 1,380 sqft. The unit has 2 registered sales; the first was AED 3,761,037 in November 2021.
How big is unit 1408?
1,380 sqft (128.2 sqm): a one-bedroom apartment on the 14th floor of a 54-storey tower completed in 2023.
What is unit 1408 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 1408, Five Luxe
Starts from the last sale price (AED 5.25M, 2 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,250,000
- Deposit, UAE resident (20%)
- AED 1,050,000
- Deposit, non-resident (40%)
- AED 2,100,000
- Monthly over 25 years at 3.7%
- AED 21,479
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →