Studio · 574 sqftFive Luxe, Jumeirah Beach Residence · 30th floor · completed 2023

3002, 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 3002 · DLD and Ejari recordsUpdated 19 December 2021
Last soldAED 2.7M19 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3002, Five Luxe

What is 3002 worth today?

Last sold for AED 2,700,000 in 2021

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19 Dec 2021Sold by developerOff-plan
AED 2,700,000AED 4,706 per sqft

Source: Dubai Land Department. Updated 19 December 2021.

Key facts

Type
Studio apartment
Size
574 sqft
Floor
30th of 54
Parking
1
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 2.7M · December 2021
Building
Five Luxe

About 3002, Five Luxe

3002 is a studio of 574 sqft on the 30th 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 2,700,000, or AED 4,706 per sqft, in line with 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 3002 over time

Sales
Unit 3002, 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, December 2021: AED 2,700,000 (AED 4,706 per sqft)

3002 has sold once; the dashed line is the studio median of each year in the building.

Studios in Five Luxe, and where 3002 sits

All 177 studios →

3002 last sold in December 2021 at AED 4,706 per sqft, in line with 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 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 30th floor

All 369 units in Five Luxe
Value
3001StudioAED 3.5M · Oct 2026
30034-bedAED 22M · Apr 2024
30043-bedAED 10.4M · Mar 2024

3002, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 19 December 2021 for AED 2,700,000, or AED 4,706 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 19 December 2021.

Questions about 3002, Five Luxe

What did unit 3002 last sell for?

AED 2,700,000 on 19 December 2021, sold by the developer: AED 4,706 per sqft for 574 sqft. It is the only registered sale of the unit.

How big is unit 3002?

574 sqft (53.3 sqm): a studio on the 30th floor of a 54-storey tower completed in 2023.

What is unit 3002 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 3002, Five Luxe

Starts from the last sale price (AED 2.7M, 19 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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