Studio · 576 sqftFive Luxe, Jumeirah Beach Residence · 19th floor · completed 2023

1902, Five Luxe

Sold prices and rental history: sold twice, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1902 · DLD and Ejari recordsUpdated 17 April 2024
Last soldAED 3.49M17 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1902, Five Luxe

What is 1902 worth today?

Last sold for AED 3,485,000 in 2024

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17 Apr 2024SoldReady
AED 3,485,000AED 6,047 per sqft
21 Feb 2022Sold by developerOff-plan
AED 2,780,000AED 4,823 per sqft

Source: Dubai Land Department. Updated 17 April 2024.

Key facts

Type
Studio apartment
Size
576 sqft
Floor
19th of 54
Parking
B2-358
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 3.49M · April 2024
Building
Five Luxe

About 1902, Five Luxe

1902 is a studio of 576 sqft on the 19th 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 April 2024 for AED 3,485,000, or AED 6,047 per sqft, 35% above the AED 4,483 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1902 over time

Sales
Unit 1902, 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, February 2022: AED 2,780,000 (AED 4,823 per sqft)Sold, April 2024: AED 3,485,000 (AED 6,047 per sqft)

1902 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Five Luxe, and where 1902 sits

All 177 studios →

1902 last sold in April 2024 at AED 6,047 per sqft, 35% above what studios in Five Luxe were fetching at the time (AED 4,483). 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 19th floor

All 369 units in Five Luxe
Value
1901StudioAED 3M · Jan 2022
19031-bedAED 4M · Jan 2022
1904StudioAED 2.8M · Jan 2022
19051-bedAED 3.95M · Jan 2022
19061-bedAED 3.63M · Jun 2022
1907StudioAED 2.75M · Dec 2021
19081-bedAED 4.02M · Mar 2022
1–7 of 8

1902, Five Luxe in numbers

  • Sold twice: first on 21 February 2022 for AED 2,780,000, last on 17 April 2024 for AED 3,485,000 (AED 6,047 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 17 April 2024.

Questions about 1902, Five Luxe

What did unit 1902 last sell for?

AED 3,485,000 on 17 April 2024: AED 6,047 per sqft for 576 sqft. The unit has 2 registered sales; the first was AED 2,780,000 in February 2022.

How big is unit 1902?

576 sqft (53.5 sqm): a studio on the 19th floor of a 54-storey tower completed in 2023.

What is unit 1902 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 1902, Five Luxe

Starts from the last sale price (AED 3.49M, 17 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,485,000
Deposit, UAE resident (20%)
AED 697,000
Deposit, non-resident (40%)
AED 1,394,000
Monthly over 25 years at 3.7%
AED 14,258

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