511, Five Luxe
Sold prices and rental history: sold once, by the developer in March 2023, 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 511, Five Luxe
What is 511 worth today?
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Source: Dubai Land Department. Updated 8 March 2023.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,260 sqft
- Floor
- 5th of 54
- Parking
- EU
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 6.02M · March 2023
- Building
- Five Luxe
About 511, Five Luxe
511 is a one-bedroom hotel apartment of 1,260 sqft on the 5th 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 8 March 2023 for AED 6,021,285, or AED 4,777 per sqft, 4% above the AED 4,609 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 511 over time
511 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 511 sits
All 116 1-beds →511 last sold in March 2023 at AED 4,777 per sqft, 4% above what one-beds in Five Luxe were fetching at the time (AED 4,609). 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 5th floor
All 369 units in Five Luxe| ValueToday's value | |||||
|---|---|---|---|---|---|
| 503 | Studio | 829 sqft | AED 4.09MAED 4,090,380 · Sep 2023September 2023 | ||
| 504 | Studio | 827 sqft | AED 3.66MAED 3,655,835 · Apr 2023April 2023 | ||
| 505 | Studio | 802 sqft | AED 3.59MAED 3,594,432 · Mar 2023March 2023 | ||
| 506 | Studio | 955 sqft | AED 3.7MAED 3,696,108 · Mar 2023March 2023 | ||
| 508 | Studio | 931 sqft | AED 3.59MAED 3,591,268 · May 2023May 2023 | ||
| 510 | Studio | 852 sqft | AED 3.73MAED 3,730,481 · May 2024May 2024 | ||
| 512 | 1-bed | 1,601 sqft | AED 7.29MAED 7,292,389 · Mar 2023March 2023 | ||
| 513 | Studio | 1,021 sqft | AED 4.83MAED 4,826,143 · Mar 2023March 2023 | ||
| 514 | Studio | 1,028 sqft | AED 5.12MAED 5,122,796 · May 2023May 2023 | ||
| 515 | Studio | 973 sqft | AED 4.39MAED 4,389,297 · Apr 2024April 2024 | ||
| 516 | Studio | 846 sqft | AED 4.01MAED 4,010,814 · May 2023May 2023 | ||
| 519 | Studio | 969 sqft | AED 4.41MAED 4,411,564 · Sep 2023September 2023 | ||
| 520 | Studio | 793 sqft | AED 3.6MAED 3,599,156 · Apr 2023April 2023 | ||
| 521 | Studio | 846 sqft | AED 3.71MAED 3,712,519 · May 2024May 2024 | ||
| 523 | Studio | 1,136 sqft | AED 5.71MAED 5,706,080 · Oct 2024October 2024 | ||
| 524 | Studio | 1,603 sqft | AED 7.98MAED 7,977,803 · May 2023May 2023 |
511, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 8 March 2023 for AED 6,021,285, or AED 4,777 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 8 March 2023.
Questions about 511, Five Luxe
What did unit 511 last sell for?
AED 6,021,285 on 8 March 2023, sold by the developer: AED 4,777 per sqft for 1,260 sqft. It is the only registered sale of the unit.
How big is unit 511?
1,260 sqft (117.1 sqm): a one-bedroom hotel apartment on the 5th floor of a 54-storey tower completed in 2023.
What is unit 511 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 511, Five Luxe
Starts from the last sale price (AED 6.02M, 8 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 6,021,285
- Deposit, UAE resident (20%)
- AED 1,204,257
- Deposit, non-resident (40%)
- AED 2,408,514
- Monthly over 25 years at 3.7%
- AED 24,635
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →