2-bed · 1,843 sqftFive Luxe, Jumeirah Beach Residence · 17th floor · completed 2023

1709, Five Luxe

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1709 · DLD and Ejari recordsUpdated 17 November 2022
Last soldAED 7.75M17 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, Five Luxe

What is 1709 worth today?

Last sold for AED 7,750,000 in 2022

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17 Nov 2022SoldOff-plan
AED 7,750,000AED 4,205 per sqft
11 Jan 2022Sold by developerOff-plan
AED 6,695,000AED 3,633 per sqft

Source: Dubai Land Department. Updated 17 November 2022.

Key facts

Type
2-bed apartment
Size
1,843 sqft
Floor
17th of 54
Parking
1
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 7.75M · November 2022
Building
Five Luxe

About 1709, Five Luxe

1709 is a two-bedroom apartment of 1,843 sqft on the 17th floor of Five Luxe, a 54-storey tower in Jumeirah Beach Residence completed in 2023 by Devco Real Estate Development . It last sold on 17 November 2022 for AED 7,750,000, or AED 4,205 per sqft, 4% below the AED 4,388 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1709 over time

Sales
Unit 1709, each saleTypical two-bed in Five Luxe
8M10M20222023202420252026Typical sale price by year: 2022 AED 7,416,000; 2023 AED 10,093,001; 2024 AED 8,487,500; 2025 AED 8,470,000Sold by developer, January 2022: AED 6,695,000 (AED 3,633 per sqft)Sold, November 2022: AED 7,750,000 (AED 4,205 per sqft)

1709 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Five Luxe, and where 1709 sits

All 36 2-beds →

1709 last sold in November 2022 at AED 4,205 per sqft, 4% below what two-beds in Five Luxe were fetching at the time (AED 4,388). 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 salesUnit no.Price (AED)Summary
19 Jan 20268,000,000
12 Sep 20258,000,000
24 Jun 20258,470,000
20 Feb 202511,400,000
1 2-bed sale 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 17th floor

All 369 units in Five Luxe
Value
1701StudioAED 3.09M · Dec 2021
1702StudioAED 3.34M · Jul 2025
17031-bedAED 4M · Apr 2022
1704StudioAED 2.85M · Jan 2022
17051-bedAED 3.95M · Nov 2021
17061-bedAED 3.95M · Nov 2021
1707StudioAED 3.6M · Mar 2025
1–7 of 8

1709, Five Luxe in numbers

  • Sold twice: first on 11 January 2022 for AED 6,695,000, last on 17 November 2022 for AED 7,750,000 (AED 4,205 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 17 November 2022.

Questions about 1709, Five Luxe

What did unit 1709 last sell for?

AED 7,750,000 on 17 November 2022: AED 4,205 per sqft for 1,843 sqft. The unit has 2 registered sales; the first was AED 6,695,000 in January 2022.

How big is unit 1709?

1,843 sqft (171.2 sqm): a two-bedroom apartment on the 17th floor of a 54-storey tower completed in 2023.

What is unit 1709 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 1709, Five Luxe

Starts from the last sale price (AED 7.75M, 17 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 7,750,000
Deposit, UAE resident (20%)
AED 1,550,000
Deposit, non-resident (40%)
AED 3,100,000
Monthly over 25 years at 3.7%
AED 31,708

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