1703, Five Luxe
Sold prices and rental history: sold once, by the developer in April 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 1703, Five Luxe
What is 1703 worth today?
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Source: Dubai Land Department. Updated 26 April 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,285 sqft
- Floor
- 17th of 54
- Parking
- 1
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 4M · April 2022
- Building
- Five Luxe
About 1703, Five Luxe
1703 is a one-bedroom apartment of 1,285 sqft on the 17th 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 26 April 2022 for AED 4,000,000, or AED 3,112 per sqft, 22% 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 1703 over time
1703 has sold once; 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 1703 sits
All 116 1-beds →1703 last sold in April 2022 at AED 3,112 per sqft, 22% 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 17th floor
All 369 units in Five Luxe| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | Studio | 712 sqft | AED 3.09MAED 3,090,000 · Dec 2021December 2021 | ||
| 1702 | Studio | 576 sqft | AED 3.34MAED 3,340,000 · Jul 2025July 2025 | ||
| 1704 | Studio | 488 sqft | AED 2.85MAED 2,850,000 · Jan 2022January 2022 | ||
| 1705 | 1-bed | 788 sqft | AED 3.95MAED 3,950,000 · Nov 2021November 2021 | ||
| 1706 | 1-bed | 788 sqft | AED 3.95MAED 3,950,000 · Nov 2021November 2021 | ||
| 1707 | Studio | 511 sqft | AED 3.6MAED 3,600,000 · Mar 2025March 2025 | ||
| 1708 | 1-bed | 1,381 sqft | AED 3.99MAED 3,990,000 · Nov 2021November 2021 | ||
| 1709 | 2-bed | 1,843 sqft | AED 7.75MAED 7,750,000 · Nov 2022November 2022 |
1703, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 26 April 2022 for AED 4,000,000, or AED 3,112 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 26 April 2022.
Questions about 1703, Five Luxe
What did unit 1703 last sell for?
AED 4,000,000 on 26 April 2022, sold by the developer: AED 3,112 per sqft for 1,285 sqft. It is the only registered sale of the unit.
How big is unit 1703?
1,285 sqft (119.4 sqm): a one-bedroom apartment on the 17th floor of a 54-storey tower completed in 2023.
What is unit 1703 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 1703, Five Luxe
Starts from the last sale price (AED 4M, 26 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →