Studio · 1,502 sqftFive Luxe, Jumeirah Beach Residence · 4th floor · completed 2023

415, Five Luxe

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

Unit 415 · DLD and Ejari recordsUpdated 2 October 2023
Last soldAED 5.3M2 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, Five Luxe

What is 415 worth today?

Last sold for AED 5,300,350 in 2023

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2 Oct 2023Sold by developerOff-plan
AED 5,300,350AED 3,528 per sqft

Source: Dubai Land Department. Updated 2 October 2023.

Key facts

Type
Studio hotel apartment
Size
1,502 sqft
Floor
4th of 54
Parking
EU
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 5.3M · October 2023
Building
Five Luxe

About 415, Five Luxe

415 is a studio of 1,502 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 2 October 2023 for AED 5,300,350, or AED 3,528 per sqft, 21% below the AED 4,462 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 415 over time

Sales
Unit 415, each saleTypical studio in Five Luxe
4M2021202320252027Typical sale price by year: 2021 AED 2,800,000; 2022 AED 2,867,000; 2023 AED 3,690,685; 2024 AED 3,629,632; 2025 AED 3,600,000; 2026 AED 3,500,000Sold by developer, October 2023: AED 5,300,350 (AED 3,528 per sqft)

415 has sold once; the dashed line is the studio median of each year in the building.

Studios in Five Luxe, and where 415 sits

All 177 studios →

415 last sold in October 2023 at AED 3,528 per sqft, 21% below what studios in Five Luxe were fetching at the time (AED 4,462). Over the last 12 months studios sold for AED 2,600,000 to 10,182,490, around AED 4,511 per sqft, and rent for AED 300,000 to 300,000 a year.

Recent studio salesUnit no.Price (AED)Summary
6 Oct 20263,500,000
3 Jul 202610,182,490
2 Jul 20264,587,156
6 Feb 20262,600,000
5 studio 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 4th floor

All 369 units in Five Luxe
Value
403StudioAED 3.61M · Mar 2023
404StudioAED 3.56M · Mar 2023
405StudioAED 3.35M · Feb 2023
4061-bedAED 4.34M · May 2024
407StudioAED 3.35M · Feb 2023
4101-bedAED 8.09M · Jul 2026
4131-bedAED 5.15M · May 2024
1–7 of 13

415, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 2 October 2023 for AED 5,300,350, or AED 3,528 per sqft.
  • Studios in Five Luxe sold for AED 2,600,000–10,182,490 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 2 October 2023.

Questions about 415, Five Luxe

What did unit 415 last sell for?

AED 5,300,350 on 2 October 2023, sold by the developer: AED 3,528 per sqft for 1,502 sqft. It is the only registered sale of the unit.

How big is unit 415?

1,502 sqft (139.5 sqm): a studio on the 4th floor of a 54-storey tower completed in 2023.

What is unit 415 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Five Luxe sold for AED 2,600,000 to 10,182,490 in the last 12 months, around AED 4,511 per sqft.

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Mortgage on 415, Five Luxe

Starts from the last sale price (AED 5.3M, 2 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,300,350
Deposit, UAE resident (20%)
AED 1,060,070
Deposit, non-resident (40%)
AED 2,120,140
Monthly over 25 years at 3.7%
AED 21,685

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