Studio · 488 sqftFive Luxe, Jumeirah Beach Residence · 18th floor · completed 2023

1804, Five Luxe

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

Unit 1804 · DLD and Ejari recordsUpdated 24 January 2022
Last soldAED 2.85M24 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1804, Five Luxe

What is 1804 worth today?

Last sold for AED 2,850,000 in 2022

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24 Jan 2022Sold by developerOff-plan
AED 2,850,000AED 5,843 per sqft

Source: Dubai Land Department. Updated 24 January 2022.

Key facts

Type
Studio apartment
Size
488 sqft
Floor
18th of 54
Parking
1
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 2.85M · January 2022
Building
Five Luxe

About 1804, Five Luxe

1804 is a studio of 488 sqft on the 18th 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 24 January 2022 for AED 2,850,000, or AED 5,843 per sqft, 24% above the AED 4,706 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1804 over time

Sales
Unit 1804, each saleTypical studio in Five Luxe
3M3.5M2021202320252027Typical sale price by year: 2021 AED 2,800,000; 2022 AED 2,867,000; 2023 AED 3,690,685; 2024 AED 3,629,632; 2025 AED 3,600,000; 2026 AED 3,500,000Sold by developer, January 2022: AED 2,850,000 (AED 5,843 per sqft)

1804 has sold once; the dashed line is the studio median of each year in the building.

Studios in Five Luxe, and where 1804 sits

All 177 studios →

1804 last sold in January 2022 at AED 5,843 per sqft, 24% above what studios in Five Luxe were fetching at the time (AED 4,706). Over the last 12 months studios sold for AED 2,600,000 to 10,182,490, around AED 4,511 per sqft, and rent for AED 300,000 to 300,000 a year.

Recent studio salesUnit no.Price (AED)Summary
6 Oct 20263,500,000
3 Jul 202610,182,490
2 Jul 20264,587,156
6 Feb 20262,600,000
5 studio 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 18th floor

All 369 units in Five Luxe
Value
1801StudioAED 3M · Jan 2022
1802StudioAED 2.7M · Nov 2021
18031-bedAED 4M · Feb 2022
18051-bedAED 4.07M · Mar 2022
18061-bedAED 4.15M · Sep 2023
1807StudioAED 2.8M · Feb 2022
18081-bedAED 5.25M · Mar 2024
1–7 of 8

1804, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 24 January 2022 for AED 2,850,000, or AED 5,843 per sqft.
  • Studios in Five Luxe sold for AED 2,600,000–10,182,490 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 24 January 2022.

Questions about 1804, Five Luxe

What did unit 1804 last sell for?

AED 2,850,000 on 24 January 2022, sold by the developer: AED 5,843 per sqft for 488 sqft. It is the only registered sale of the unit.

How big is unit 1804?

488 sqft (45.3 sqm): a studio on the 18th floor of a 54-storey tower completed in 2023.

What is unit 1804 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Five Luxe sold for AED 2,600,000 to 10,182,490 in the last 12 months, around AED 4,511 per sqft.

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Mortgage on 1804, Five Luxe

Starts from the last sale price (AED 2.85M, 24 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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