Studio · 851 sqftFive Luxe, Jumeirah Beach Residence · 6th floor · completed 2023

607, Five Luxe

Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 6 August 2024
Last soldAED 4.25M6 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Five Luxe

What is 607 worth today?

Last sold for AED 4,254,435 in 2024

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6 Aug 2024Sold by developerReady
AED 4,254,435AED 4,999 per sqft

Source: Dubai Land Department. Updated 6 August 2024.

Key facts

Type
Studio hotel apartment
Size
851 sqft
Floor
6th of 54
Parking
EU
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 4.25M · August 2024
Building
Five Luxe

About 607, Five Luxe

607 is a studio of 851 sqft on the 6th 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 6 August 2024 for AED 4,254,435, or AED 4,999 per sqft, 10% above the AED 4,545 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical studio in Five Luxe
3M4M2021202320252027Typical 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, August 2024: AED 4,254,435 (AED 4,999 per sqft)

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

Studios in Five Luxe, and where 607 sits

All 177 studios →

607 last sold in August 2024 at AED 4,999 per sqft, 10% above what studios in Five Luxe were fetching at the time (AED 4,545). 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 6th floor

All 369 units in Five Luxe
Value
602StudioAED 3.69M · Jun 2025
603StudioAED 3.63M · Mar 2023
6041-bedAED 3.65M · Feb 2023
6051-bedAED 5.02M · Nov 2024
608StudioAED 4.07M · May 2023
6091-bedAED 5.79M · Feb 2023
6101-bedAED 6.1M · Feb 2023
1–7 of 14

607, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 6 August 2024 for AED 4,254,435, or AED 4,999 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 6 August 2024.

Questions about 607, Five Luxe

What did unit 607 last sell for?

AED 4,254,435 on 6 August 2024, sold by the developer: AED 4,999 per sqft for 851 sqft. It is the only registered sale of the unit.

How big is unit 607?

851 sqft (79.1 sqm): a studio on the 6th floor of a 54-storey tower completed in 2023.

What is unit 607 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 607, Five Luxe

Starts from the last sale price (AED 4.25M, 6 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,254,435
Deposit, UAE resident (20%)
AED 850,887
Deposit, non-resident (40%)
AED 1,701,774
Monthly over 25 years at 3.7%
AED 17,406

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