Studio · 819 sqftFive Luxe, Jumeirah Beach Residence · 3rd floor · completed 2023

303, Five Luxe

Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 31 March 2023
Last soldAED 3.47M31 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Five Luxe

What is 303 worth today?

Last sold for AED 3,468,851 in 2023

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31 Mar 2023Sold by developerOff-plan
AED 3,468,851AED 4,235 per sqft

Source: Dubai Land Department. Updated 31 March 2023.

Key facts

Type
Studio hotel apartment
Size
819 sqft
Floor
3rd of 54
Parking
EU
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 3.47M · March 2023
Building
Five Luxe

About 303, Five Luxe

303 is a studio of 819 sqft on the 3rd 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 31 March 2023 for AED 3,468,851, or AED 4,235 per sqft, 7% below the AED 4,534 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 303 over time

Sales
Unit 303, 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, March 2023: AED 3,468,851 (AED 4,235 per sqft)

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

Studios in Five Luxe, and where 303 sits

All 177 studios →

303 last sold in March 2023 at AED 4,235 per sqft, 7% below what studios in Five Luxe were fetching at the time (AED 4,534). 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 3rd floor

All 369 units in Five Luxe
Value
3001-bedAED 5.33M · Dec 2023
302StudioAED 3.7M · Jul 2023
304StudioAED 3.54M · Mar 2023
306StudioAED 3.3M · Aug 2023
3071-bedAED 4.36M · Aug 2023
308StudioAED 3.15M · Aug 2023
309StudioAED 4.67M · Feb 2025
1–7 of 17

303, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 31 March 2023 for AED 3,468,851, or AED 4,235 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 31 March 2023.

Questions about 303, Five Luxe

What did unit 303 last sell for?

AED 3,468,851 on 31 March 2023, sold by the developer: AED 4,235 per sqft for 819 sqft. It is the only registered sale of the unit.

How big is unit 303?

819 sqft (76.1 sqm): a studio on the 3rd floor of a 54-storey tower completed in 2023.

What is unit 303 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 303, Five Luxe

Starts from the last sale price (AED 3.47M, 31 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,468,851
Deposit, UAE resident (20%)
AED 693,770
Deposit, non-resident (40%)
AED 1,387,540
Monthly over 25 years at 3.7%
AED 14,192

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