2-bed · 2,025 sqftFive Luxe, Jumeirah Beach Residence · 50th floor · completed 2023

5002, Five Luxe

Sold prices and rental history: sold 3 times, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5002 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 12.1M16 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5002, Five Luxe

What is 5002 worth today?

Last sold for AED 12,100,000 in 2024

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16 Dec 2024SoldReady
AED 12,100,000AED 5,973 per sqft
14 Oct 2022SoldOff-plan
AED 8,900,000AED 4,388 per sqft
4 Aug 2022Sold by developerOff-plan
AED 8,900,000AED 4,388 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
2-bed apartment
Size
2,025 sqft
Floor
50th of 54
Parking
B2-272
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 12.1M · December 2024
Building
Five Luxe

About 5002, Five Luxe

5002 is a two-bedroom apartment of 2,025 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 16 December 2024 for AED 12,100,000, or AED 5,973 per sqft, 13% above the AED 5,309 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5002 over time

Sales
Unit 5002, each saleTypical two-bed in Five Luxe
7.5M10M12.5M20222023202420252026Typical 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 8,900,000 (AED 4,388 per sqft)Sold, October 2022: AED 8,900,000 (AED 4,388 per sqft)Sold, December 2024: AED 12,100,000 (AED 5,973 per sqft)

5002 has sold 3 times; the dashed line is the two-bed median of each year in the building.

2-beds in Five Luxe, and where 5002 sits

All 36 2-beds →

5002 last sold in December 2024 at AED 5,973 per sqft, 13% above what two-beds in Five Luxe were fetching at the time (AED 5,309). 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
50012-bedAED 9.86M · Oct 2024
50032-bedAED 12.08M · Sep 2023
50042-bedAED 8.7M · Aug 2022

5002, Five Luxe in numbers

  • Sold 3 times: first on 4 August 2022 for AED 8,900,000, last on 16 December 2024 for AED 12,100,000 (AED 5,973 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 16 December 2024.

Questions about 5002, Five Luxe

What did unit 5002 last sell for?

AED 12,100,000 on 16 December 2024: AED 5,973 per sqft for 2,025 sqft. The unit has 3 registered sales; the first was AED 8,900,000 in August 2022.

How big is unit 5002?

2,025 sqft (188.1 sqm): a two-bedroom apartment on the 50th floor of a 54-storey tower completed in 2023.

What is unit 5002 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 5002, Five Luxe

Starts from the last sale price (AED 12.1M, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 12,100,000
Deposit, UAE resident (20%)
AED 2,420,000
Deposit, non-resident (40%)
AED 4,840,000
Monthly over 25 years at 3.7%
AED 49,505

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