Studio · 712 sqftFive Luxe, Jumeirah Beach Residence · 28th floor · completed 2023

2801, Five Luxe

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2801 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 3.65M5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2801, Five Luxe

What is 2801 worth today?

Last sold for AED 3,650,000 in 2024

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5 Aug 2024SoldReady
AED 3,650,000AED 5,126 per sqft
22 Nov 2021Sold by developerOff-plan
AED 3,000,000AED 4,213 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
Studio apartment
Size
712 sqft
Floor
28th of 54
Parking
B2-150
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 3.65M · August 2024
Building
Five Luxe

About 2801, Five Luxe

2801 is a studio of 712 sqft on the 28th floor of Five Luxe, a 54-storey tower in Jumeirah Beach Residence completed in 2023 by Devco Real Estate Development . It last sold on 5 August 2024 for AED 3,650,000, or AED 5,126 per sqft, 13% above the AED 4,531 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2801 over time

Sales
Unit 2801, each saleTypical studio in Five Luxe
3M3.5M2021202320252027Typical sale price by year: 2021 AED 2,800,000; 2022 AED 2,867,000; 2023 AED 3,690,685; 2024 AED 3,629,632; 2025 AED 3,600,000; 2026 AED 3,500,000Sold by developer, November 2021: AED 3,000,000 (AED 4,213 per sqft)Sold, August 2024: AED 3,650,000 (AED 5,126 per sqft)

2801 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Five Luxe, and where 2801 sits

All 177 studios →

2801 last sold in August 2024 at AED 5,126 per sqft, 13% above what studios in Five Luxe were fetching at the time (AED 4,531). 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 salesUnit no.Price (AED)Summary
6 Oct 20263,500,000
3 Jul 202610,182,490
2 Jul 20264,587,156
6 Feb 20262,600,000
5 studio sales 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 28th floor

All 369 units in Five Luxe
Value
2802StudioAED 2.7M · Dec 2021
28034-bedAED 16.17M · Jan 2022
28043-bedAED 10.5M · Jun 2026

2801, Five Luxe in numbers

  • Sold twice: first on 22 November 2021 for AED 3,000,000, last on 5 August 2024 for AED 3,650,000 (AED 5,126 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 5 August 2024.

Questions about 2801, Five Luxe

What did unit 2801 last sell for?

AED 3,650,000 on 5 August 2024: AED 5,126 per sqft for 712 sqft. The unit has 2 registered sales; the first was AED 3,000,000 in November 2021.

How big is unit 2801?

712 sqft (66.1 sqm): a studio on the 28th floor of a 54-storey tower completed in 2023.

What is unit 2801 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 2801, Five Luxe

Starts from the last sale price (AED 3.65M, 5 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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