1508, Five Luxe
Sold prices and rental history: sold twice, last in May 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 1508, Five Luxe
What is 1508 worth today?
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Source: Dubai Land Department. Updated 25 May 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,381 sqft
- Floor
- 15th of 54
- Parking
- 1
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 5.1M · May 2022
- Building
- Five Luxe
About 1508, Five Luxe
1508 is a one-bedroom apartment of 1,381 sqft on the 15th 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 May 2022 for AED 5,100,000, or AED 3,694 per sqft, 8% below the AED 4,006 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1508 over time
1508 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 1508 sits
All 116 1-beds →1508 last sold in May 2022 at AED 3,694 per sqft, 8% below what one-beds in Five Luxe were fetching at the time (AED 4,006). 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 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 | ||
| 1504 | Studio | 488 sqft | AED 2.85MAED 2,850,000 · Jan 2022January 2022 | ||
| 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 | ||
| 1509 | 2-bed | 1,843 sqft | AED 6.7MAED 6,695,000 · Mar 2022March 2022 |
1508, Five Luxe in numbers
- Sold twice: first on 22 November 2021 for AED 4,200,000, last on 25 May 2022 for AED 5,100,000 (AED 3,694 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 25 May 2022.
Questions about 1508, Five Luxe
What did unit 1508 last sell for?
AED 5,100,000 on 25 May 2022: AED 3,694 per sqft for 1,381 sqft. The unit has 2 registered sales; the first was AED 4,200,000 in November 2021.
How big is unit 1508?
1,381 sqft (128.3 sqm): a one-bedroom apartment on the 15th floor of a 54-storey tower completed in 2023.
What is unit 1508 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 1508, Five Luxe
Starts from the last sale price (AED 5.1M, 25 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 5,100,000
- Deposit, UAE resident (20%)
- AED 1,020,000
- Deposit, non-resident (40%)
- AED 2,040,000
- Monthly over 25 years at 3.7%
- AED 20,866
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →