3-bed · 2,396 sqftFive Luxe, Jumeirah Beach Residence · 23rd floor · completed 2023

2304, Five Luxe

Sold prices and rental history: sold once, by the developer in December 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 19 December 2021
Last soldAED 8.25M19 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Five Luxe

What is 2304 worth today?

Last sold for AED 8,245,000 in 2021

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19 Dec 2021Sold by developerOff-plan
AED 8,245,000AED 3,532 per sqft

Source: Dubai Land Department. Updated 19 December 2021.

Key facts

Type
3-bed apartment
Size
2,396 sqft
Floor
23rd of 54
Parking
B2-121, B2-122
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 8.25M · December 2021
Building
Five Luxe

About 2304, Five Luxe

2304 is a three-bedroom apartment of 2,396 sqft on the 23rd 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 19 December 2021 for AED 8,245,000, or AED 3,532 per sqft, in line with the AED 3,609 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2304 over time

Sales
Unit 2304, each saleTypical three-bed in Five Luxe
10M202120232025Typical sale price by year: 2021 AED 8,345,000; 2022 AED 12,100,000; 2023 AED 13,900,000; 2024 AED 13,100,000; 2025 AED 12,050,000Sold by developer, December 2021: AED 8,245,000 (AED 3,532 per sqft)

2304 has sold once; the dashed line is the three-bed median of each year in the building.

3-beds in Five Luxe, and where 2304 sits

All 27 3-beds →

2304 last sold in December 2021 at AED 3,532 per sqft, in line with what three-beds in Five Luxe were fetching at the time (AED 3,609). Over the last 12 months three-beds sold for AED 10,500,000, around AED 4,382 per sqft, and rent for AED 900,000 to 900,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Jun 202610,500,000
18 Aug 202515,000,000
21 May 202512,100,000
14 May 202512,000,000
1 3-bed sale 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 23rd floor

All 369 units in Five Luxe
Value
2301StudioAED 3.35M · Mar 2024
2302StudioAED 3.25M · Dec 2023
23034-bedAED 16.29M · Dec 2021

2304, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 19 December 2021 for AED 8,245,000, or AED 3,532 per sqft.
  • Three-beds in Five Luxe sold for AED 10,500,000–10,500,000 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 19 December 2021.

Questions about 2304, Five Luxe

What did unit 2304 last sell for?

AED 8,245,000 on 19 December 2021, sold by the developer: AED 3,532 per sqft for 2,396 sqft. It is the only registered sale of the unit.

How big is unit 2304?

2,396 sqft (222.6 sqm): a three-bedroom apartment on the 23rd floor of a 54-storey tower completed in 2023.

What is unit 2304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Five Luxe sold for AED 10,500,000 to 10,500,000 in the last 12 months, around AED 4,382 per sqft.

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Mortgage on 2304, Five Luxe

Starts from the last sale price (AED 8.25M, 19 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 8,245,000
Deposit, UAE resident (20%)
AED 1,649,000
Deposit, non-resident (40%)
AED 3,298,000
Monthly over 25 years at 3.7%
AED 33,733

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