311, Five Luxe
Sold prices and rental history: sold once, by the developer in January 2024, 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 311, Five Luxe
What is 311 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 January 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,598 sqft
- Floor
- 3rd of 54
- Parking
- EU
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 7.47M · January 2024
- Building
- Five Luxe
About 311, Five Luxe
311 is a one-bedroom hotel apartment of 1,598 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 15 January 2024 for AED 7,465,056, or AED 4,670 per sqft, in line with the AED 4,602 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 311 over time
311 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Five Luxe, and where 311 sits
All 116 1-beds →311 last sold in January 2024 at AED 4,670 per sqft, in line with what one-beds in Five Luxe were fetching at the time (AED 4,602). Over the last 12 months one-beds sold for AED 3,900,000 to 8,088,097, around AED 3,594 per sqft, and rent for AED 165,000 to 300,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 1,285 sqft | 4,750,000 | 3,695 | ||
| 3 Jul 20263 July 2026 | 1,598 sqft | 8,088,097 | 5,060 | ||
| 4 Feb 20264 February 2026 | 1,116 sqft | 3,900,000 | 3,493 | ||
| 13 Nov 202513 November 2025 | 1,285 sqft | 4,450,000 | 3,462 |
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 | ||
| 306 | Studio | 984 sqft | AED 3.3MAED 3,300,718 · Aug 2023August 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 | ||
| 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 |
311, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 15 January 2024 for AED 7,465,056, or AED 4,670 per sqft.
- One-beds in Five Luxe sold for AED 3,900,000–8,088,097 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 15 January 2024.
Questions about 311, Five Luxe
What did unit 311 last sell for?
AED 7,465,056 on 15 January 2024, sold by the developer: AED 4,670 per sqft for 1,598 sqft. It is the only registered sale of the unit.
How big is unit 311?
1,598 sqft (148.5 sqm): a one-bedroom hotel apartment on the 3rd floor of a 54-storey tower completed in 2023.
What is unit 311 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Five Luxe sold for AED 3,900,000 to 8,088,097 in the last 12 months, around AED 3,594 per sqft.
Selling 311? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 311, Five Luxe
Starts from the last sale price (AED 7.47M, 15 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 7,465,056
- Deposit, UAE resident (20%)
- AED 1,493,011
- Deposit, non-resident (40%)
- AED 2,986,022
- Monthly over 25 years at 3.7%
- AED 30,542
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →