231, Five Luxe
Sold prices and rental history: sold once, by the developer in April 2024, 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 231, Five Luxe
What is 231 worth today?
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Source: Dubai Land Department. Updated 3 April 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,273 sqft
- Floor
- 2nd of 54
- Parking
- EU
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 5.34M · April 2024
- Building
- Five Luxe
About 231, Five Luxe
231 is a one-bedroom hotel apartment of 1,273 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 3 April 2024 for AED 5,341,616, or AED 4,194 per sqft, in line with the AED 4,292 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 231 over time
231 has sold once; the dashed line is the one-bed median of each year in the building.
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 231 sits
All 116 1-beds →231 last sold in April 2024 at AED 4,194 per sqft, in line with what one-beds in Five Luxe were fetching at the time (AED 4,292). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 1,285 sqft | 4,750,000 | 3,695 | ||
| 3 Jul 20263 July 2026 | 1,598 sqft | 8,088,097 | 5,060 | ||
| 4 Feb 20264 February 2026 | 1,116 sqft | 3,900,000 | 3,493 | ||
| 13 Nov 202513 November 2025 | 1,285 sqft | 4,450,000 | 3,462 |
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 | ||
| 224 | Studio | 818 sqft | AED 2.91MAED 2,908,775 · Apr 2023April 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 | ||
| 234 | Studio | 1,926 sqft | AED 10.18MAED 10,182,490 · Jul 2026July 2026 |
231, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 3 April 2024 for AED 5,341,616, or AED 4,194 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 3 April 2024.
Questions about 231, Five Luxe
What did unit 231 last sell for?
AED 5,341,616 on 3 April 2024, sold by the developer: AED 4,194 per sqft for 1,273 sqft. It is the only registered sale of the unit.
How big is unit 231?
1,273 sqft (118.3 sqm): a one-bedroom hotel apartment on the 2nd floor of a 54-storey tower completed in 2023.
What is unit 231 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.
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Mortgage on 231, Five Luxe
Starts from the last sale price (AED 5.34M, 3 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,341,616
- Deposit, UAE resident (20%)
- AED 1,068,323
- Deposit, non-resident (40%)
- AED 2,136,646
- Monthly over 25 years at 3.7%
- AED 21,854
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →