Studio · 962 sqftFive Luxe, Jumeirah Beach Residence · 2nd floor · completed 2023

214, Five Luxe

Sold prices and rental history: sold once, by the developer in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 28 May 2024
Last soldAED 5.09M28 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Five Luxe

What is 214 worth today?

Last sold for AED 5,089,283 in 2024

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28 May 2024Sold by developerReady
AED 5,089,283AED 5,290 per sqft

Source: Dubai Land Department. Updated 28 May 2024.

Key facts

Type
Studio hotel apartment
Size
962 sqft
Floor
2nd of 54
Parking
EU
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 5.09M · May 2024
Building
Five Luxe

About 214, Five Luxe

214 is a studio of 962 sqft on the 2nd 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 28 May 2024 for AED 5,089,283, or AED 5,290 per sqft, 19% above the AED 4,432 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 214 over time

Sales
Unit 214, each saleTypical studio in Five Luxe
4M2021202320252027Typical 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, May 2024: AED 5,089,283 (AED 5,290 per sqft)

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

Studios in Five Luxe, and where 214 sits

All 177 studios →

214 last sold in May 2024 at AED 5,290 per sqft, 19% above what studios in Five Luxe were fetching at the time (AED 4,432). 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 2nd floor

All 369 units in Five Luxe
Value
2041-bedAED 5.71M · Apr 2023
205StudioAED 3.4M · Feb 2023
206StudioAED 3.69M · May 2023
207StudioAED 3.69M · Feb 2023
208StudioAED 3.69M · Jul 2023
209StudioAED 3.67M · Mar 2023
210StudioAED 3.16M · Jul 2023
1–7 of 19

214, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 28 May 2024 for AED 5,089,283, or AED 5,290 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 28 May 2024.

Questions about 214, Five Luxe

What did unit 214 last sell for?

AED 5,089,283 on 28 May 2024, sold by the developer: AED 5,290 per sqft for 962 sqft. It is the only registered sale of the unit.

How big is unit 214?

962 sqft (89.4 sqm): a studio on the 2nd floor of a 54-storey tower completed in 2023.

What is unit 214 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 214, Five Luxe

Starts from the last sale price (AED 5.09M, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,089,283
Deposit, UAE resident (20%)
AED 1,017,857
Deposit, non-resident (40%)
AED 2,035,713
Monthly over 25 years at 3.7%
AED 20,822

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