224, Five Luxe
Sold prices and rental history: sold once, by the developer in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 224, Five Luxe
What is 224 worth today?
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Source: Dubai Land Department. Updated 27 April 2023.
Key facts
- Type
- Studio hotel apartment
- Size
- 818 sqft
- Floor
- 2nd of 54
- Parking
- EU
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 2.91M · April 2023
- Building
- Five Luxe
About 224, Five Luxe
224 is a studio of 818 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 27 April 2023 for AED 2,908,775, or AED 3,556 per sqft, 21% below the AED 4,477 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 224 over time
224 has sold once; the dashed line is the studio median of each year in the building.
Studios in Five Luxe, and where 224 sits
All 177 studios →224 last sold in April 2023 at AED 3,556 per sqft, 21% below what studios in Five Luxe were fetching at the time (AED 4,477). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 712 sqft | 3,500,000 | 4,916 | ||
| 3 Jul 20263 July 2026 | 1,926 sqft | 10,182,490 | 5,285 | ||
| 2 Jul 20262 July 2026 | 1,292 sqft | 4,587,156 | 3,549 | ||
| 6 Feb 20266 February 2026 | 576 sqft | 2,600,000 | 4,511 |
Five Luxe
Building369 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%
Other units on the 2nd floor
All 369 units in Five Luxe| ValueToday's value | |||||
|---|---|---|---|---|---|
| 204 | 1-bed | 1,245 sqft | AED 5.71MAED 5,714,298 · Apr 2023April 2023 | ||
| 205 | Studio | 830 sqft | AED 3.4MAED 3,395,334 · Feb 2023February 2023 | ||
| 206 | Studio | 819 sqft | AED 3.69MAED 3,690,685 · May 2023May 2023 | ||
| 207 | Studio | 819 sqft | AED 3.69MAED 3,690,685 · Feb 2023February 2023 | ||
| 208 | Studio | 819 sqft | AED 3.69MAED 3,690,685 · Jul 2023July 2023 | ||
| 209 | Studio | 803 sqft | AED 3.67MAED 3,666,594 · Mar 2023March 2023 | ||
| 210 | Studio | 952 sqft | AED 3.16MAED 3,164,553 · Jul 2023July 2023 | ||
| 211 | 1-bed | 1,284 sqft | AED 4.32MAED 4,316,475 · Sep 2023September 2023 | ||
| 212 | Studio | 930 sqft | AED 3.95MAED 3,953,438 · Oct 2025October 2025 | ||
| 214 | Studio | 962 sqft | AED 5.09MAED 5,089,283 · May 2024May 2024 | ||
| 217 | 1-bed | 1,507 sqft | AED 5MAED 4,997,273 · Aug 2023August 2023 | ||
| 219 | 1-bed | 1,562 sqft | AED 5.13MAED 5,132,720 · Aug 2023August 2023 | ||
| 221 | 1-bed | 1,934 sqft | AED 6.3MAED 6,298,105 · May 2024May 2024 | ||
| 222 | Studio | 1,052 sqft | AED 3.57MAED 3,571,518 · Aug 2023August 2023 | ||
| 223 | Studio | 1,007 sqft | AED 3.53MAED 3,534,198 · Nov 2023November 2023 | ||
| 226 | Studio | 809 sqft | AED 3.26MAED 3,259,177 · Jan 2025January 2025 | ||
| 230 | Studio | 838 sqft | AED 3.75MAED 3,752,360 · May 2024May 2024 | ||
| 231 | 1-bed | 1,273 sqft | AED 5.34MAED 5,341,616 · Apr 2024April 2024 | ||
| 234 | Studio | 1,926 sqft | AED 10.18MAED 10,182,490 · Jul 2026July 2026 |
224, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 27 April 2023 for AED 2,908,775, or AED 3,556 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 27 April 2023.
Questions about 224, Five Luxe
What did unit 224 last sell for?
AED 2,908,775 on 27 April 2023, sold by the developer: AED 3,556 per sqft for 818 sqft. It is the only registered sale of the unit.
How big is unit 224?
818 sqft (76.0 sqm): a studio on the 2nd floor of a 54-storey tower completed in 2023.
What is unit 224 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.
Selling 224? Put it on the OpenOffers board
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Mortgage on 224, Five Luxe
Starts from the last sale price (AED 2.91M, 27 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,908,775
- Deposit, UAE resident (20%)
- AED 581,755
- Deposit, non-resident (40%)
- AED 1,163,510
- Monthly over 25 years at 3.7%
- AED 11,901
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →