1609, Five Luxe
Sold prices and rental history: sold once, by the developer in February 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 1609, Five Luxe
What is 1609 worth today?
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Source: Dubai Land Department. Updated 25 February 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,843 sqft
- Floor
- 16th of 54
- Parking
- 1
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 5.85M · February 2022
- Building
- Five Luxe
About 1609, Five Luxe
1609 is a two-bedroom apartment of 1,843 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 25 February 2022 for AED 5,850,000, or AED 3,173 per sqft, 27% below the AED 4,347 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1609 over time
1609 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Five Luxe, and where 1609 sits
All 36 2-beds →1609 last sold in February 2022 at AED 3,173 per sqft, 27% below what two-beds in Five Luxe were fetching at the time (AED 4,347). Over the last 12 months two-beds sold for AED 8,000,000, around AED 5,002 per sqft, and rent for AED 350,000 to 350,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jan 202619 January 2026 | 1,599 sqft | 8,000,000 | 5,002 | ||
| 12 Sep 202512 September 2025 | 1,599 sqft | 8,000,000 | 5,002 | ||
| 24 Jun 202524 June 2025 | 1,599 sqft | 8,470,000 | 5,296 | ||
| 20 Feb 202520 February 2025 | 2,025 sqft | 11,400,000 | 5,629 |
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 16th floor
All 369 units in Five Luxe| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 712 sqft | AED 3.5MAED 3,500,000 · Sep 2025September 2025 | ||
| 1602 | Studio | 576 sqft | AED 3.1MAED 3,100,000 · Oct 2023October 2023 | ||
| 1603 | 1-bed | 1,285 sqft | AED 5.1MAED 5,100,000 · Sep 2022September 2022 | ||
| 1604 | Studio | 488 sqft | AED 3.4MAED 3,400,000 · Aug 2024August 2024 | ||
| 1605 | 1-bed | 788 sqft | AED 3.63MAED 3,632,857 · Jun 2022June 2022 | ||
| 1606 | 1-bed | 788 sqft | AED 4.1MAED 4,100,000 · Jun 2025June 2025 | ||
| 1607 | Studio | 511 sqft | AED 3.4MAED 3,400,000 · May 2024May 2024 | ||
| 1608 | 1-bed | 1,381 sqft | AED 3.78MAED 3,780,000 · Feb 2022February 2022 |
1609, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 25 February 2022 for AED 5,850,000, or AED 3,173 per sqft.
- Two-beds in Five Luxe sold for AED 8,000,000–8,000,000 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 February 2022.
Questions about 1609, Five Luxe
What did unit 1609 last sell for?
AED 5,850,000 on 25 February 2022, sold by the developer: AED 3,173 per sqft for 1,843 sqft. It is the only registered sale of the unit.
How big is unit 1609?
1,843 sqft (171.2 sqm): a two-bedroom apartment on the 16th floor of a 54-storey tower completed in 2023.
What is unit 1609 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Five Luxe sold for AED 8,000,000 to 8,000,000 in the last 12 months, around AED 5,002 per sqft.
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Mortgage on 1609, Five Luxe
Starts from the last sale price (AED 5.85M, 25 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 5,850,000
- Deposit, UAE resident (20%)
- AED 1,170,000
- Deposit, non-resident (40%)
- AED 2,340,000
- Monthly over 25 years at 3.7%
- AED 23,934
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →