1504, Five Luxe
Sold prices and rental history: sold once, by the developer in January 2022, 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 1504, Five Luxe
What is 1504 worth today?
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Source: Dubai Land Department. Updated 24 January 2022.
Key facts
- Type
- Studio apartment
- Size
- 488 sqft
- Floor
- 15th of 54
- Parking
- 1
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 2.85M · January 2022
- Building
- Five Luxe
About 1504, Five Luxe
1504 is a studio of 488 sqft on the 15th 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 24 January 2022 for AED 2,850,000, or AED 5,843 per sqft, 24% above the AED 4,706 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1504 over time
1504 has sold once; the dashed line is the studio median of each year in the building.
Studios in Five Luxe, and where 1504 sits
All 177 studios →1504 last sold in January 2022 at AED 5,843 per sqft, 24% above what studios in Five Luxe were fetching at the time (AED 4,706). 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 15th floor
All 369 units in Five Luxe| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 712 sqft | AED 3.5MAED 3,500,000 · Sep 2025September 2025 | ||
| 1502 | Studio | 576 sqft | AED 2.78MAED 2,781,000 · Dec 2021December 2021 | ||
| 1503 | 1-bed | 1,285 sqft | AED 4.45MAED 4,450,000 · Nov 2025November 2025 | ||
| 1505 | 1-bed | 788 sqft | AED 3.95MAED 3,950,000 · Dec 2021December 2021 | ||
| 1506 | 1-bed | 788 sqft | AED 4.8MAED 4,800,000 · Aug 2025August 2025 | ||
| 1507 | Studio | 511 sqft | AED 2.88MAED 2,884,000 · Jan 2022January 2022 | ||
| 1508 | 1-bed | 1,381 sqft | AED 5.1MAED 5,100,000 · May 2022May 2022 | ||
| 1509 | 2-bed | 1,843 sqft | AED 6.7MAED 6,695,000 · Mar 2022March 2022 |
1504, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 24 January 2022 for AED 2,850,000, or AED 5,843 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 24 January 2022.
Questions about 1504, Five Luxe
What did unit 1504 last sell for?
AED 2,850,000 on 24 January 2022, sold by the developer: AED 5,843 per sqft for 488 sqft. It is the only registered sale of the unit.
How big is unit 1504?
488 sqft (45.3 sqm): a studio on the 15th floor of a 54-storey tower completed in 2023.
What is unit 1504 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 1504? Put it on the OpenOffers board
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Mortgage on 1504, Five Luxe
Starts from the last sale price (AED 2.85M, 24 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,850,000
- Deposit, UAE resident (20%)
- AED 570,000
- Deposit, non-resident (40%)
- AED 1,140,000
- Monthly over 25 years at 3.7%
- AED 11,660
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →