2-bed · 1,599 sqftFive Luxe, Jumeirah Beach Residence · 35th floor · completed 2023

3501, Five Luxe

Sold prices and rental history: sold twice, last in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3501 · DLD and Ejari recordsUpdated 26 May 2022
Last soldAED 8.15M26 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3501, Five Luxe

What is 3501 worth today?

Last sold for AED 8,150,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 May 2022SoldOff-plan
AED 8,150,000AED 5,098 per sqft
22 Feb 2022Sold by developerOff-plan
AED 6,950,000AED 4,347 per sqft

Source: Dubai Land Department. Updated 26 May 2022.

Key facts

Type
2-bed apartment
Size
1,599 sqft
Floor
35th of 54
Parking
1
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 8.15M · May 2022
Building
Five Luxe

About 3501, Five Luxe

3501 is a two-bedroom apartment of 1,599 sqft on the 35th floor of Five Luxe, a 54-storey tower in Jumeirah Beach Residence completed in 2023 by Devco Real Estate Development . It last sold on 26 May 2022 for AED 8,150,000, or AED 5,098 per sqft, 17% above the AED 4,347 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3501 over time

Sales
Unit 3501, each saleTypical two-bed in Five Luxe
8M10M20222023202420252026Typical sale price by year: 2022 AED 7,416,000; 2023 AED 10,093,001; 2024 AED 8,487,500; 2025 AED 8,470,000Sold by developer, February 2022: AED 6,950,000 (AED 4,347 per sqft)Sold, May 2022: AED 8,150,000 (AED 5,098 per sqft)

3501 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Five Luxe, and where 3501 sits

All 36 2-beds →

3501 last sold in May 2022 at AED 5,098 per sqft, 17% above what two-beds in Five Luxe were fetching at the time (AED 4,347). Over the last 12 months two-beds sold for AED 8,000,000, around AED 5,002 per sqft, and rent for AED 350,000 to 350,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jan 20268,000,000
12 Sep 20258,000,000
24 Jun 20258,470,000
20 Feb 202511,400,000
1 2-bed sale 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 35th floor

All 369 units in Five Luxe
Value
35021-bedAED 4.95M · Feb 2022
35031-bedAED 3.95M · Mar 2022
35043-bedAED 13.1M · Apr 2024
35051-bedAED 4.02M · Mar 2022

3501, Five Luxe in numbers

  • Sold twice: first on 22 February 2022 for AED 6,950,000, last on 26 May 2022 for AED 8,150,000 (AED 5,098 per sqft).
  • Two-beds in Five Luxe sold for AED 8,000,000–8,000,000 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 26 May 2022.

Questions about 3501, Five Luxe

What did unit 3501 last sell for?

AED 8,150,000 on 26 May 2022: AED 5,098 per sqft for 1,599 sqft. The unit has 2 registered sales; the first was AED 6,950,000 in February 2022.

How big is unit 3501?

1,599 sqft (148.6 sqm): a two-bedroom apartment on the 35th floor of a 54-storey tower completed in 2023.

What is unit 3501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Five Luxe sold for AED 8,000,000 to 8,000,000 in the last 12 months, around AED 5,002 per sqft.

Selling 3501? 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.

How OpenOffers works

Mortgage on 3501, Five Luxe

Starts from the last sale price (AED 8.15M, 26 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 8,150,000
Deposit, UAE resident (20%)
AED 1,630,000
Deposit, non-resident (40%)
AED 3,260,000
Monthly over 25 years at 3.7%
AED 33,344

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