1-bed · 1,112 sqftFive Luxe, Jumeirah Beach Residence · 47th floor · completed 2023

4705, Five Luxe

Sold prices and rental history: sold once, by the developer 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 4705 · DLD and Ejari recordsUpdated 26 May 2022
Last soldAED 3.97M26 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4705, Five Luxe

What is 4705 worth today?

Last sold for AED 3,965,532 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 2022Sold by developerOff-plan
AED 3,965,532AED 3,566 per sqft

Source: Dubai Land Department. Updated 26 May 2022.

Key facts

Type
1-bed apartment
Size
1,112 sqft
Floor
47th of 54
Parking
1
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 3.97M · May 2022
Building
Five Luxe

About 4705, Five Luxe

4705 is a one-bedroom apartment of 1,112 sqft on the 47th 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 26 May 2022 for AED 3,965,532, or AED 3,566 per sqft, 11% below the AED 4,006 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4705 over time

Sales
Unit 4705, 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, May 2022: AED 3,965,532 (AED 3,566 per sqft)

4705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4705, 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 4705 sits

All 116 1-beds →

4705 last sold in May 2022 at AED 3,566 per sqft, 11% below what one-beds in Five Luxe were fetching at the time (AED 4,006). 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 47th floor

All 369 units in Five Luxe
Value
47012-bedAED 7.47M · Sep 2022
47021-bedAED 4.95M · Feb 2022
47031-bedAED 4.07M · Mar 2022
47043-bedAED 12.5M · Feb 2022

4705, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 26 May 2022 for AED 3,965,532, or AED 3,566 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 26 May 2022.

Questions about 4705, Five Luxe

What did unit 4705 last sell for?

AED 3,965,532 on 26 May 2022, sold by the developer: AED 3,566 per sqft for 1,112 sqft. It is the only registered sale of the unit.

How big is unit 4705?

1,112 sqft (103.3 sqm): a one-bedroom apartment on the 47th floor of a 54-storey tower completed in 2023.

What is unit 4705 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.

Selling 4705? 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 4705, Five Luxe

Starts from the last sale price (AED 3.97M, 26 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,965,532
Deposit, UAE resident (20%)
AED 793,106
Deposit, non-resident (40%)
AED 1,586,213
Monthly over 25 years at 3.7%
AED 16,224

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