1-bed · 788 sqftFive Luxe, Jumeirah Beach Residence · 16th floor · completed 2023

1605, Five Luxe

Sold prices and rental history: sold once, by the developer in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 16 June 2022
Last soldAED 3.63M16 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Five Luxe

What is 1605 worth today?

Last sold for AED 3,632,857 in 2022

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16 Jun 2022Sold by developerOff-plan
AED 3,632,857AED 4,609 per sqft

Source: Dubai Land Department. Updated 16 June 2022.

Key facts

Type
1-bed apartment
Size
788 sqft
Floor
16th of 54
Parking
1
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 3.63M · June 2022
Building
Five Luxe

About 1605, Five Luxe

1605 is a one-bedroom apartment of 788 sqft on the 16th 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 16 June 2022 for AED 3,632,857, or AED 4,609 per sqft, 15% above 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 1605 over time

Sales
Unit 1605, 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, June 2022: AED 3,632,857 (AED 4,609 per sqft)

1605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1605, 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 1605 sits

All 116 1-beds →

1605 last sold in June 2022 at AED 4,609 per sqft, 15% above 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 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 16th floor

All 369 units in Five Luxe
Value
1601StudioAED 3.5M · Sep 2025
1602StudioAED 3.1M · Oct 2023
16031-bedAED 5.1M · Sep 2022
1604StudioAED 3.4M · Aug 2024
16061-bedAED 4.1M · Jun 2025
1607StudioAED 3.4M · May 2024
16081-bedAED 3.78M · Feb 2022
1–7 of 8

1605, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 16 June 2022 for AED 3,632,857, or AED 4,609 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 16 June 2022.

Questions about 1605, Five Luxe

What did unit 1605 last sell for?

AED 3,632,857 on 16 June 2022, sold by the developer: AED 4,609 per sqft for 788 sqft. It is the only registered sale of the unit.

How big is unit 1605?

788 sqft (73.2 sqm): a one-bedroom apartment on the 16th floor of a 54-storey tower completed in 2023.

What is unit 1605 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 1605, Five Luxe

Starts from the last sale price (AED 3.63M, 16 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,632,857
Deposit, UAE resident (20%)
AED 726,571
Deposit, non-resident (40%)
AED 1,453,143
Monthly over 25 years at 3.7%
AED 14,863

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