2302, Five Luxe
Sold prices and rental history: sold twice, last in December 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 2302, Five Luxe
What is 2302 worth today?
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Source: Dubai Land Department. Updated 12 December 2023.
Key facts
- Type
- Studio apartment
- Size
- 574 sqft
- Floor
- 23rd of 54
- Parking
- 1
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 3.25M · December 2023
- Building
- Five Luxe
About 2302, Five Luxe
2302 is a studio of 574 sqft on the 23rd floor of Five Luxe, a 54-storey tower in Jumeirah Beach Residence completed in 2023 by Devco Real Estate Development . It last sold on 12 December 2023 for AED 3,250,000, or AED 5,664 per sqft, 26% above the AED 4,478 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2302 over time
2302 has sold twice; the dashed line is the studio median of each year in the building.
Studios in Five Luxe, and where 2302 sits
All 177 studios →2302 last sold in December 2023 at AED 5,664 per sqft, 26% above what studios in Five Luxe were fetching at the time (AED 4,478). 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 23rd floor
All 369 units in Five Luxe2302, Five Luxe in numbers
- Sold twice: first on 11 January 2022 for AED 2,700,000, last on 12 December 2023 for AED 3,250,000 (AED 5,664 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 12 December 2023.
Questions about 2302, Five Luxe
What did unit 2302 last sell for?
AED 3,250,000 on 12 December 2023: AED 5,664 per sqft for 574 sqft. The unit has 2 registered sales; the first was AED 2,700,000 in January 2022.
How big is unit 2302?
574 sqft (53.3 sqm): a studio on the 23rd floor of a 54-storey tower completed in 2023.
What is unit 2302 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 2302, Five Luxe
Starts from the last sale price (AED 3.25M, 12 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,250,000
- Deposit, UAE resident (20%)
- AED 650,000
- Deposit, non-resident (40%)
- AED 1,300,000
- Monthly over 25 years at 3.7%
- AED 13,297
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →