2-bed · 1,597 sqftFive Luxe, Jumeirah Beach Residence · 50th floor · completed 2023

5001, Five Luxe

Sold prices and rental history: sold twice, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5001 · DLD and Ejari recordsUpdated 4 October 2024
Last soldAED 9.86M4 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5001, Five Luxe

What is 5001 worth today?

Last sold for AED 9,858,000 in 2024

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4 Oct 2024SoldReady
AED 9,858,000AED 6,170 per sqft
4 Aug 2022Sold by developerOff-plan
AED 8,100,000AED 5,071 per sqft

Source: Dubai Land Department. Updated 4 October 2024.

Key facts

Type
2-bed apartment
Size
1,597 sqft
Floor
50th of 54
Parking
B2-174
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 9.86M · October 2024
Building
Five Luxe

About 5001, Five Luxe

5001 is a two-bedroom apartment of 1,597 sqft on the 50th floor of Five Luxe, a 54-storey tower in Jumeirah Beach Residence completed in 2023 by Devco Real Estate Development . It last sold on 4 October 2024 for AED 9,858,000, or AED 6,170 per sqft, 21% above the AED 5,088 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5001 over time

Sales
Unit 5001, 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, August 2022: AED 8,100,000 (AED 5,071 per sqft)Sold, October 2024: AED 9,858,000 (AED 6,170 per sqft)

5001 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Five Luxe, and where 5001 sits

All 36 2-beds →

5001 last sold in October 2024 at AED 6,170 per sqft, 21% above what two-beds in Five Luxe were fetching at the time (AED 5,088). 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 50th floor

All 369 units in Five Luxe
Value
50022-bedAED 12.1M · Dec 2024
50032-bedAED 12.08M · Sep 2023
50042-bedAED 8.7M · Aug 2022

5001, Five Luxe in numbers

  • Sold twice: first on 4 August 2022 for AED 8,100,000, last on 4 October 2024 for AED 9,858,000 (AED 6,170 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 4 October 2024.

Questions about 5001, Five Luxe

What did unit 5001 last sell for?

AED 9,858,000 on 4 October 2024: AED 6,170 per sqft for 1,597 sqft. The unit has 2 registered sales; the first was AED 8,100,000 in August 2022.

How big is unit 5001?

1,597 sqft (148.4 sqm): a two-bedroom apartment on the 50th floor of a 54-storey tower completed in 2023.

What is unit 5001 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.

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Mortgage on 5001, Five Luxe

Starts from the last sale price (AED 9.86M, 4 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 9,858,000
Deposit, UAE resident (20%)
AED 1,971,600
Deposit, non-resident (40%)
AED 3,943,200
Monthly over 25 years at 3.7%
AED 40,332

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