1-bed · 1,112 sqftFive Luxe, Jumeirah Beach Residence · 35th floor · completed 2023

3505, Five Luxe

Sold prices and rental history: sold once, by the developer in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3505 · DLD and Ejari recordsUpdated 3 March 2022
Last soldAED 4.02M3 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3505, Five Luxe

What is 3505 worth today?

Last sold for AED 4,017,000 in 2022

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3 Mar 2022Sold by developerOff-plan
AED 4,017,000AED 3,612 per sqft

Source: Dubai Land Department. Updated 3 March 2022.

Key facts

Type
1-bed apartment
Size
1,112 sqft
Floor
35th of 54
Parking
1
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 4.02M · March 2022
Building
Five Luxe

About 3505, Five Luxe

3505 is a one-bedroom apartment of 1,112 sqft on the 35th 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 3 March 2022 for AED 4,017,000, or AED 3,612 per sqft, in line with the AED 3,650 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3505 over time

Sales
Unit 3505, each saleTypical one-bed in Five Luxe
4M5M6M2021202320252027Typical 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, March 2022: AED 4,017,000 (AED 3,612 per sqft)

3505 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3505, 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 3505 sits

All 116 1-beds →

3505 last sold in March 2022 at AED 3,612 per sqft, in line with what one-beds in Five Luxe were fetching at the time (AED 3,650). 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 35th floor

All 369 units in Five Luxe
Value
35012-bedAED 8.15M · May 2022
35021-bedAED 4.95M · Feb 2022
35031-bedAED 3.95M · Mar 2022
35043-bedAED 13.1M · Apr 2024

3505, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 3 March 2022 for AED 4,017,000, or AED 3,612 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 3 March 2022.

Questions about 3505, Five Luxe

What did unit 3505 last sell for?

AED 4,017,000 on 3 March 2022, sold by the developer: AED 3,612 per sqft for 1,112 sqft. It is the only registered sale of the unit.

How big is unit 3505?

1,112 sqft (103.3 sqm): a one-bedroom apartment on the 35th floor of a 54-storey tower completed in 2023.

What is unit 3505 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 3505, Five Luxe

Starts from the last sale price (AED 4.02M, 3 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,017,000
Deposit, UAE resident (20%)
AED 803,400
Deposit, non-resident (40%)
AED 1,606,800
Monthly over 25 years at 3.7%
AED 16,435

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