1-bed · 1,562 sqftFive Luxe, Jumeirah Beach Residence · 2nd floor · completed 2023

219, Five Luxe

Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 219 · DLD and Ejari recordsUpdated 21 August 2023
Last soldAED 5.13M21 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 219, Five Luxe

What is 219 worth today?

Last sold for AED 5,132,720 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Aug 2023Sold by developerOff-plan
AED 5,132,720AED 3,285 per sqft

Source: Dubai Land Department. Updated 21 August 2023.

Key facts

Type
1-bed hotel apartment
Size
1,562 sqft
Floor
2nd of 54
Parking
EU
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 5.13M · August 2023
Building
Five Luxe

About 219, Five Luxe

219 is a one-bedroom hotel apartment of 1,562 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 21 August 2023 for AED 5,132,720, or AED 3,285 per sqft, 28% below the AED 4,573 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 219 over time

Sales
Unit 219, each saleTypical one-bed in Five Luxe
4M5M6M2021202320252027Typical sale price by year: 2021 AED 3,950,000; 2022 AED 4,018,070; 2023 AED 5,787,750; 2024 AED 5,052,627; 2025 AED 4,375,000; 2026 AED 4,750,000Sold by developer, August 2023: AED 5,132,720 (AED 3,285 per sqft)

219 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 219, each contractTypical one-bed in Five Luxe
150K202520262027Typical rent by year: 2025 AED 120,000; 2026 AED 180,000

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 219 sits

All 116 1-beds →

219 last sold in August 2023 at AED 3,285 per sqft, 28% below what one-beds in Five Luxe were fetching at the time (AED 4,573). 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 salesUnit no.Price (AED)Summary
27 Oct 20264,750,000
3 Jul 20268,088,097
4 Feb 20263,900,000
13 Nov 20254,450,000
4 1-bed 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

219, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 21 August 2023 for AED 5,132,720, or AED 3,285 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 21 August 2023.

Questions about 219, Five Luxe

What did unit 219 last sell for?

AED 5,132,720 on 21 August 2023, sold by the developer: AED 3,285 per sqft for 1,562 sqft. It is the only registered sale of the unit.

How big is unit 219?

1,562 sqft (145.1 sqm): a one-bedroom hotel apartment on the 2nd floor of a 54-storey tower completed in 2023.

What is unit 219 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.

Selling 219? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 219, Five Luxe

Starts from the last sale price (AED 5.13M, 21 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,132,720
Deposit, UAE resident (20%)
AED 1,026,544
Deposit, non-resident (40%)
AED 2,053,088
Monthly over 25 years at 3.7%
AED 21,000

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