
2401, Five Luxe
Sold prices and rental history: sold once, by the developer in January 2022, 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 2401, Five Luxe
What is 2401 worth today?
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Source: Dubai Land Department. Updated 13 January 2022.
Key facts
- Type
- Studio apartment
- Size
- 712 sqft
- Floor
- 24th of 54
- Parking
- 1
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 3M · January 2022
- Building
- Five Luxe
About 2401, Five Luxe
2401 is a studio of 712 sqft on the 24th 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 13 January 2022 for AED 3,000,000, or AED 4,213 per sqft, 10% below the AED 4,706 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2401 over time
2401 has sold once; the dashed line is the studio median of each year in the building.
Studios in Five Luxe, and where 2401 sits
All 177 studios →2401 last sold in January 2022 at AED 4,213 per sqft, 10% below what studios in Five Luxe were fetching at the time (AED 4,706). 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 24th floor
All 369 units in Five Luxe2401, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 13 January 2022 for AED 3,000,000, or AED 4,213 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 13 January 2022.
Questions about 2401, Five Luxe
What did unit 2401 last sell for?
AED 3,000,000 on 13 January 2022, sold by the developer: AED 4,213 per sqft for 712 sqft. It is the only registered sale of the unit.
How big is unit 2401?
712 sqft (66.1 sqm): a studio on the 24th floor of a 54-storey tower completed in 2023.
What is unit 2401 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 2401, Five Luxe
Starts from the last sale price (AED 3M, 13 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →