716, 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 716, Five Luxe
What is 716 worth today?
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Source: Dubai Land Department. Updated 22 February 2023.
Key facts
- Type
- Studio hotel apartment
- Size
- 841 sqft
- Floor
- 7th of 54
- Parking
- EU
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 4.3M · February 2023
- Building
- Five Luxe
About 716, Five Luxe
716 is a studio of 841 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 22 February 2023 for AED 4,303,100, or AED 5,114 per sqft, 12% above the AED 4,573 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 716 over time
716 has sold once; the dashed line is the studio median of each year in the building.
Studios in Five Luxe, and where 716 sits
All 177 studios →716 last sold in February 2023 at AED 5,114 per sqft, 12% above what studios in Five Luxe were fetching at the time (AED 4,573). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 712 sqft | 3,500,000 | 4,916 | ||
| 3 Jul 20263 July 2026 | 1,926 sqft | 10,182,490 | 5,285 | ||
| 2 Jul 20262 July 2026 | 1,292 sqft | 4,587,156 | 3,549 | ||
| 6 Feb 20266 February 2026 | 576 sqft | 2,600,000 | 4,511 |
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 | ||
| 708 | 1-bed | 1,254 sqft | AED 6.06MAED 6,059,655 · Feb 2023February 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 | ||
| 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 |
716, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 22 February 2023 for AED 4,303,100, or AED 5,114 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 22 February 2023.
Questions about 716, Five Luxe
What did unit 716 last sell for?
AED 4,303,100 on 22 February 2023, sold by the developer: AED 5,114 per sqft for 841 sqft. It is the only registered sale of the unit.
How big is unit 716?
841 sqft (78.1 sqm): a studio on the 7th floor of a 54-storey tower completed in 2023.
What is unit 716 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 716, Five Luxe
Starts from the last sale price (AED 4.3M, 22 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,303,100
- Deposit, UAE resident (20%)
- AED 860,620
- Deposit, non-resident (40%)
- AED 1,721,240
- Monthly over 25 years at 3.7%
- AED 17,605
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →