1-bed · 2,071 sqftFive Luxe, Jumeirah Beach Residence · 3rd floor · completed 2023

312, Five Luxe

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

Unit 312 · DLD and Ejari recordsUpdated 23 November 2023
Last soldAED 9.26M23 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Five Luxe

What is 312 worth today?

Last sold for AED 9,259,968 in 2023

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23 Nov 2023Sold by developerOff-plan
AED 9,259,968AED 4,471 per sqft

Source: Dubai Land Department. Updated 23 November 2023.

Key facts

Type
1-bed hotel apartment
Size
2,071 sqft
Floor
3rd of 54
Parking
EU
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 9.26M · November 2023
Building
Five Luxe

About 312, Five Luxe

312 is a one-bedroom hotel apartment of 2,071 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 23 November 2023 for AED 9,259,968, or AED 4,471 per sqft, in line with the AED 4,590 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical one-bed in Five Luxe
5M7.5M10M2021202320252027Typical sale price by year: 2021 AED 3,950,000; 2022 AED 4,018,070; 2023 AED 5,787,750; 2024 AED 5,052,627; 2025 AED 4,375,000; 2026 AED 4,750,000Sold by developer, November 2023: AED 9,259,968 (AED 4,471 per sqft)

312 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 312, each contractTypical one-bed in Five Luxe
150K202520262027Typical rent by year: 2025 AED 120,000; 2026 AED 180,000

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 312 sits

All 116 1-beds →

312 last sold in November 2023 at AED 4,471 per sqft, in line with what one-beds in Five Luxe were fetching at the time (AED 4,590). 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 salesUnit no.Price (AED)Summary
27 Oct 20264,750,000
3 Jul 20268,088,097
4 Feb 20263,900,000
13 Nov 20254,450,000
4 1-bed 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
303StudioAED 3.47M · Mar 2023
304StudioAED 3.54M · Mar 2023
306StudioAED 3.3M · Aug 2023
3071-bedAED 4.36M · Aug 2023
308StudioAED 3.15M · Aug 2023
1–7 of 17

312, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 23 November 2023 for AED 9,259,968, or AED 4,471 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 23 November 2023.

Questions about 312, Five Luxe

What did unit 312 last sell for?

AED 9,259,968 on 23 November 2023, sold by the developer: AED 4,471 per sqft for 2,071 sqft. It is the only registered sale of the unit.

How big is unit 312?

2,071 sqft (192.4 sqm): a one-bedroom hotel apartment on the 3rd floor of a 54-storey tower completed in 2023.

What is unit 312 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.

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Mortgage on 312, Five Luxe

Starts from the last sale price (AED 9.26M, 23 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 9,259,968
Deposit, UAE resident (20%)
AED 1,851,994
Deposit, non-resident (40%)
AED 3,703,987
Monthly over 25 years at 3.7%
AED 37,885

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