3-bed · 2,334 sqftFive Luxe, Jumeirah Beach Residence · 24th floor · completed 2023

2404, 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.

Unit 2404 · DLD and Ejari recordsUpdated 11 January 2022
Last soldAED 8.25M11 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Five Luxe

What is 2404 worth today?

Last sold for AED 8,245,000 in 2022

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11 Jan 2022Sold by developerOff-plan
AED 8,245,000AED 3,533 per sqft

Source: Dubai Land Department. Updated 11 January 2022.

Key facts

Type
3-bed apartment
Size
2,334 sqft
Floor
24th of 54
Parking
2
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 8.25M · January 2022
Building
Five Luxe

About 2404, Five Luxe

2404 is a three-bedroom apartment of 2,334 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 11 January 2022 for AED 8,245,000, or AED 3,533 per sqft, in line with the AED 3,545 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2404 over time

Sales
Unit 2404, 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, January 2022: AED 8,245,000 (AED 3,533 per sqft)

2404 has sold once; the dashed line is the three-bed median of each year in the building.

3-beds in Five Luxe, and where 2404 sits

All 27 3-beds →

2404 last sold in January 2022 at AED 3,533 per sqft, in line with what three-beds in Five Luxe were fetching at the time (AED 3,545). 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 24th floor

All 369 units in Five Luxe
Value
2401StudioAED 3M · Jan 2022
2402StudioAED 2.7M · Jan 2022
24034-bedAED 20.4M · May 2023

2404, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 11 January 2022 for AED 8,245,000, or AED 3,533 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 11 January 2022.

Questions about 2404, Five Luxe

What did unit 2404 last sell for?

AED 8,245,000 on 11 January 2022, sold by the developer: AED 3,533 per sqft for 2,334 sqft. It is the only registered sale of the unit.

How big is unit 2404?

2,334 sqft (216.8 sqm): a three-bedroom apartment on the 24th floor of a 54-storey tower completed in 2023.

What is unit 2404 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 2404, Five Luxe

Starts from the last sale price (AED 8.25M, 11 January 2022). 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 →