Studio · 850 sqftFive Luxe, Jumeirah Beach Residence · Ground floor · completed 2023

021, 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 021 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 3.69M15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 021, Five Luxe

What is 021 worth today?

Last sold for AED 3,690,480 in 2023

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15 May 2023Sold by developerOff-plan
AED 3,690,480AED 4,343 per sqft

Source: Dubai Land Department. Updated 15 May 2023.

Key facts

Type
Studio hotel apartment
Size
850 sqft
Floor
Ground of 54
Parking
EU
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 3.69M · May 2023
Building
Five Luxe

About 021, Five Luxe

021 is a studio of 850 sqft on the ground 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 May 2023 for AED 3,690,480, or AED 4,343 per sqft, 4% below 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 021 over time

Sales
Unit 021, each saleTypical studio in Five Luxe
3M3.5M2021202320252027Typical sale price by year: 2021 AED 2,800,000; 2022 AED 2,850,000; 2023 AED 3,690,685; 2024 AED 3,642,132; 2025 AED 3,692,421; 2026 AED 2,950,000Sold by developer, May 2023: AED 3,690,480 (AED 4,343 per sqft)

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

Studios in Five Luxe, and where 021 sits

All 170 studios →

021 last sold in May 2023 at AED 4,343 per sqft, 4% below 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 3,500,000, around AED 4,511 per sqft.

Recent studio salesUnit no.Price (AED)Summary
6 Feb 20262,600,000
8 Jan 20263,500,000
8 Jan 20262,950,000
7 Jul 20253,340,000
3 studio sales in the last 12 months

Five Luxe

Building

366 apartments, studios to 6-bed over 54 floors in Jumeirah Beach Residence, completed in 2023 by Devco Real Estate Development. 6 sold in the last 12 months.

Typical price per sqft
AED 4,327
Typical sale
AED 3.7M
Typical rent
Few contracts
Typical yield
Five Luxe, Jumeirah Beach Residence: prices, sales and rents →

Other units on the ground floor

All 366 units in Five Luxe
Value
005StudioAED 4.33M · Jul 2023
006StudioAED 4.15M · Jun 2024
007StudioAED 3.94M · Mar 2023
008StudioAED 3.74M · Apr 2023
009StudioAED 4.15M · Sep 2024
010StudioAED 4.05M · Jul 2024
0132-bedAED 10.09M · May 2023
1–7 of 14

021, Five Luxe in numbers

  • Sold once: by Devco Real Estate Development on 15 May 2023 for AED 3,690,480, or AED 4,343 per sqft.
  • Studios in Five Luxe sold for AED 2,600,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 4,327 per sqft.

Source: Dubai Land Department. Updated 15 May 2023.

Questions about 021, Five Luxe

What did unit 021 last sell for?

AED 3,690,480 on 15 May 2023, sold by the developer: AED 4,343 per sqft for 850 sqft. It is the only registered sale of the unit.

How big is unit 021?

850 sqft (79.0 sqm): a studio on the ground floor of a 54-storey tower completed in 2023.

What is unit 021 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 3,500,000 in the last 12 months, around AED 4,511 per sqft.

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Mortgage on 021, Five Luxe

Starts from the last sale price (AED 3.69M, 15 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,690,480
Deposit, UAE resident (20%)
AED 738,096
Deposit, non-resident (40%)
AED 1,476,192
Monthly over 25 years at 3.7%
AED 15,099

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