708, Five Luxe
Sold prices and rental history: sold once, by the developer in February 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 708, Five Luxe
What is 708 worth today?
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Source: Dubai Land Department. Updated 15 February 2023.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,254 sqft
- Floor
- 7th of 54
- Parking
- EU
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 6.06M · February 2023
- Building
- Five Luxe
About 708, Five Luxe
708 is a one-bedroom hotel apartment of 1,254 sqft on the 7th 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 15 February 2023 for AED 6,059,655, or AED 4,830 per sqft, 17% above the AED 4,125 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 708 over time
708 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 708 sits
All 116 1-beds →708 last sold in February 2023 at AED 4,830 per sqft, 17% above what one-beds in Five Luxe were fetching at the time (AED 4,125). 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 7th floor
All 369 units in Five Luxe| ValueToday's value | |||||
|---|---|---|---|---|---|
| 703 | Studio | 960 sqft | AED 4.02MAED 4,021,191 · Nov 2024November 2024 | ||
| 706 | Studio | 846 sqft | AED 4.11MAED 4,108,591 · Sep 2023September 2023 | ||
| 707 | Studio | 845 sqft | AED 4.08MAED 4,077,622 · Mar 2023March 2023 | ||
| 710 | 1-bed | 1,310 sqft | AED 6.17MAED 6,168,048 · Feb 2023February 2023 | ||
| 712 | Studio | 839 sqft | AED 4.29MAED 4,292,233 · Mar 2023March 2023 | ||
| 714 | Studio | 840 sqft | AED 4.08MAED 4,082,784 · Feb 2023February 2023 | ||
| 716 | Studio | 841 sqft | AED 4.3MAED 4,303,100 · Feb 2023February 2023 | ||
| 718 | Studio | 846 sqft | AED 4.12MAED 4,118,914 · Feb 2023February 2023 | ||
| 720 | Studio | 839 sqft | AED 4.08MAED 4,077,622 · May 2023May 2023 | ||
| 724 | Studio | 1,292 sqft | AED 4.59MAED 4,587,156 · Jul 2026July 2026 |
708, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 15 February 2023 for AED 6,059,655, or AED 4,830 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 15 February 2023.
Questions about 708, Five Luxe
What did unit 708 last sell for?
AED 6,059,655 on 15 February 2023, sold by the developer: AED 4,830 per sqft for 1,254 sqft. It is the only registered sale of the unit.
How big is unit 708?
1,254 sqft (116.5 sqm): a one-bedroom hotel apartment on the 7th floor of a 54-storey tower completed in 2023.
What is unit 708 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 708, Five Luxe
Starts from the last sale price (AED 6.06M, 15 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 6,059,655
- Deposit, UAE resident (20%)
- AED 1,211,931
- Deposit, non-resident (40%)
- AED 2,423,862
- Monthly over 25 years at 3.7%
- AED 24,792
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →