406, Five Luxe
Sold prices and rental history: sold once, by the developer in May 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 406, Five Luxe
What is 406 worth today?
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Source: Dubai Land Department. Updated 28 May 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,297 sqft
- Floor
- 4th of 54
- Parking
- EU
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 4.34M · May 2024
- Building
- Five Luxe
About 406, Five Luxe
406 is a one-bedroom hotel apartment of 1,297 sqft on the 4th 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 28 May 2024 for AED 4,337,296, or AED 3,342 per sqft, 12% below the AED 3,803 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 406 over time
406 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 406 sits
All 116 1-beds →406 last sold in May 2024 at AED 3,342 per sqft, 12% below what one-beds in Five Luxe were fetching at the time (AED 3,803). 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 4th floor
All 369 units in Five Luxe| ValueToday's value | |||||
|---|---|---|---|---|---|
| 403 | Studio | 820 sqft | AED 3.61MAED 3,608,797 · Mar 2023March 2023 | ||
| 404 | Studio | 802 sqft | AED 3.56MAED 3,557,376 · Mar 2023March 2023 | ||
| 405 | Studio | 955 sqft | AED 3.35MAED 3,353,739 · Feb 2023February 2023 | ||
| 407 | Studio | 931 sqft | AED 3.35MAED 3,350,661 · Feb 2023February 2023 | ||
| 410 | 1-bed | 1,598 sqft | AED 8.09MAED 8,088,097 · Jul 2026July 2026 | ||
| 413 | 1-bed | 1,540 sqft | AED 5.15MAED 5,147,975 · May 2024May 2024 | 165,000 /yr | |
| 415 | Studio | 1,502 sqft | AED 5.3MAED 5,300,350 · Oct 2023October 2023 | ||
| 416 | 1-bed | 1,927 sqft | AED 6.44MAED 6,441,896 · May 2024May 2024 | ||
| 417 | Studio | 1,084 sqft | AED 3.62MAED 3,624,848 · May 2024May 2024 | ||
| 419 | Studio | 856 sqft | AED 3.19MAED 3,186,422 · Feb 2023February 2023 | ||
| 421 | Studio | 793 sqft | AED 3.54MAED 3,538,679 · Jun 2023June 2023 | ||
| 424 | Studio | 831 sqft | AED 3.77MAED 3,770,982 · Aug 2023August 2023 | ||
| 425 | Studio | 827 sqft | AED 3.7MAED 3,702,290 · Mar 2023March 2023 |
406, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 28 May 2024 for AED 4,337,296, or AED 3,342 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 28 May 2024.
Questions about 406, Five Luxe
What did unit 406 last sell for?
AED 4,337,296 on 28 May 2024, sold by the developer: AED 3,342 per sqft for 1,297 sqft. It is the only registered sale of the unit.
How big is unit 406?
1,297 sqft (120.5 sqm): a one-bedroom hotel apartment on the 4th floor of a 54-storey tower completed in 2023.
What is unit 406 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 406, Five Luxe
Starts from the last sale price (AED 4.34M, 28 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,337,296
- Deposit, UAE resident (20%)
- AED 867,459
- Deposit, non-resident (40%)
- AED 1,734,918
- Monthly over 25 years at 3.7%
- AED 17,745
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →