Studio · 839 sqftFive Luxe, Jumeirah Beach Residence · 6th floor · completed 2023

620, Five Luxe

Sold prices and rental history: sold once, by the developer in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 620 · DLD and Ejari recordsUpdated 24 May 2023
Last soldAED 4M24 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 620, Five Luxe

What is 620 worth today?

Last sold for AED 3,998,250 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 May 2023Sold by developerOff-plan
AED 3,998,250AED 4,763 per sqft

Source: Dubai Land Department. Updated 24 May 2023.

Key facts

Type
Studio hotel apartment
Size
839 sqft
Floor
6th of 54
Parking
EU
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 4M · May 2023
Building
Five Luxe

About 620, Five Luxe

620 is a studio of 839 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 24 May 2023 for AED 3,998,250, or AED 4,763 per sqft, 6% above the AED 4,504 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 620 over time

Sales
Unit 620, 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, May 2023: AED 3,998,250 (AED 4,763 per sqft)

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

Studios in Five Luxe, and where 620 sits

All 177 studios →

620 last sold in May 2023 at AED 4,763 per sqft, 6% above what studios in Five Luxe were fetching at the time (AED 4,504). 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
607StudioAED 4.25M · Aug 2024
608StudioAED 4.07M · May 2023
6091-bedAED 5.79M · Feb 2023
1–7 of 14

620, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 24 May 2023 for AED 3,998,250, or AED 4,763 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 24 May 2023.

Questions about 620, Five Luxe

What did unit 620 last sell for?

AED 3,998,250 on 24 May 2023, sold by the developer: AED 4,763 per sqft for 839 sqft. It is the only registered sale of the unit.

How big is unit 620?

839 sqft (77.9 sqm): a studio on the 6th floor of a 54-storey tower completed in 2023.

What is unit 620 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.

Selling 620? 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 620, Five Luxe

Starts from the last sale price (AED 4M, 24 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,998,250
Deposit, UAE resident (20%)
AED 799,650
Deposit, non-resident (40%)
AED 1,599,300
Monthly over 25 years at 3.7%
AED 16,358

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