306, Five Luxe
Sold prices and rental history: sold once, by the developer in August 2023, 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 306, Five Luxe
What is 306 worth today?
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Source: Dubai Land Department. Updated 21 August 2023.
Key facts
- Type
- Studio hotel apartment
- Size
- 984 sqft
- Floor
- 3rd of 54
- Parking
- EU
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 3.3M · August 2023
- Building
- Five Luxe
About 306, Five Luxe
306 is a studio of 984 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 21 August 2023 for AED 3,300,718, or AED 3,353 per sqft, 25% below the AED 4,458 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 306 over time
306 has sold once; the dashed line is the studio median of each year in the building.
Studios in Five Luxe, and where 306 sits
All 177 studios →306 last sold in August 2023 at AED 3,353 per sqft, 25% below what studios in Five Luxe were fetching at the time (AED 4,458). 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 3rd floor
All 369 units in Five Luxe| ValueToday's value | |||||
|---|---|---|---|---|---|
| 300 | 1-bed | 1,283 sqft | AED 5.33MAED 5,329,609 · Dec 2023December 2023 | ||
| 302 | Studio | 841 sqft | AED 3.7MAED 3,695,771 · Jul 2023July 2023 | ||
| 303 | Studio | 819 sqft | AED 3.47MAED 3,468,851 · Mar 2023March 2023 | ||
| 304 | Studio | 820 sqft | AED 3.54MAED 3,543,450 · Mar 2023March 2023 | ||
| 307 | 1-bed | 1,281 sqft | AED 4.36MAED 4,355,214 · Aug 2023August 2023 | ||
| 308 | Studio | 930 sqft | AED 3.15MAED 3,152,655 · Aug 2023August 2023 | ||
| 309 | Studio | 961 sqft | AED 4.67MAED 4,665,632 · Feb 2025February 2025 | ||
| 311 | 1-bed | 1,598 sqft | AED 7.47MAED 7,465,056 · Jan 2024January 2024 | ||
| 312 | 1-bed | 2,071 sqft | AED 9.26MAED 9,259,968 · Nov 2023November 2023 | ||
| 313 | Studio | 845 sqft | AED 2.94MAED 2,939,550 · Jun 2023June 2023 | ||
| 315 | Studio | 802 sqft | AED 3.39MAED 3,386,752 · May 2024May 2024 | ||
| 316 | Studio | 832 sqft | AED 3.62MAED 3,617,465 · May 2024May 2024 | ||
| 317 | Studio | 826 sqft | AED 3.81MAED 3,812,728 · Apr 2023April 2023 | ||
| 318 | Studio | 836 sqft | AED 3.66MAED 3,663,724 · Feb 2023February 2023 | ||
| 320 | Studio | 928 sqft | AED 3.99MAED 3,986,617 · Oct 2024October 2024 | ||
| 321 | Studio | 1,200 sqft | AED 6.64MAED 6,642,618 · Sep 2023September 2023 | ||
| 322 | Studio | 1,566 sqft | AED 7.42MAED 7,419,341 · May 2023May 2023 |
306, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 21 August 2023 for AED 3,300,718, or AED 3,353 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 21 August 2023.
Questions about 306, Five Luxe
What did unit 306 last sell for?
AED 3,300,718 on 21 August 2023, sold by the developer: AED 3,353 per sqft for 984 sqft. It is the only registered sale of the unit.
How big is unit 306?
984 sqft (91.4 sqm): a studio on the 3rd floor of a 54-storey tower completed in 2023.
What is unit 306 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.
Selling 306? Put it on the OpenOffers board
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Mortgage on 306, Five Luxe
Starts from the last sale price (AED 3.3M, 21 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,300,718
- Deposit, UAE resident (20%)
- AED 660,144
- Deposit, non-resident (40%)
- AED 1,320,287
- Monthly over 25 years at 3.7%
- AED 13,504
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →