1-bed · 1,381 sqftFive Luxe, Jumeirah Beach Residence · 15th floor · completed 2023

1508, Five Luxe

Sold prices and rental history: sold twice, last in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 25 May 2022
Last soldAED 5.1M25 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Five Luxe

What is 1508 worth today?

Last sold for AED 5,100,000 in 2022

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25 May 2022SoldOff-plan
AED 5,100,000AED 3,694 per sqft
22 Nov 2021Sold by developerOff-plan
AED 4,200,000AED 3,042 per sqft

Source: Dubai Land Department. Updated 25 May 2022.

Key facts

Type
1-bed apartment
Size
1,381 sqft
Floor
15th of 54
Parking
1
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 5.1M · May 2022
Building
Five Luxe

About 1508, Five Luxe

1508 is a one-bedroom apartment of 1,381 sqft on the 15th floor of Five Luxe, a 54-storey tower in Jumeirah Beach Residence completed in 2023 by Devco Real Estate Development. It last sold on 25 May 2022 for AED 5,100,000, or AED 3,694 per sqft, 8% below the AED 4,006 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical one-bed in Five Luxe
4M5M6M202120232025Typical sale price by year: 2021 AED 3,950,000; 2022 AED 4,017,000; 2023 AED 5,787,750; 2024 AED 5,023,113; 2025 AED 4,300,000Sold by developer, November 2021: AED 4,200,000 (AED 3,042 per sqft)Sold, May 2022: AED 5,100,000 (AED 3,694 per sqft)

1508 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Five Luxe, and where 1508 sits

All 110 1-beds →

1508 last sold in May 2022 at AED 3,694 per sqft, 8% below what one-beds in Five Luxe were fetching at the time (AED 4,006). Over the last 12 months one-beds sold for AED 3,900,000 to 4,450,000, around AED 3,478 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Feb 20263,900,000
12 Jun 20254,100,000
12 Jun 20254,100,000
4 Jun 20254,100,000
2 1-bed 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 15th floor

All 366 units in Five Luxe
Value
1501AED 3.5M · Sep 2025
1502StudioAED 2.78M · Dec 2021
1503AED 4.45M · Nov 2025
1504StudioAED 2.85M · Jan 2022
15051-bedAED 3.95M · Dec 2021
1506AED 4.8M · Aug 2025
1507StudioAED 2.88M · Jan 2022
1–7 of 8

1508, Five Luxe in numbers

  • Sold twice: first on 22 November 2021 for AED 4,200,000, last on 25 May 2022 for AED 5,100,000 (AED 3,694 per sqft).
  • One-beds in Five Luxe sold for AED 3,900,000–4,450,000 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 25 May 2022.

Questions about 1508, Five Luxe

What did unit 1508 last sell for?

AED 5,100,000 on 25 May 2022: AED 3,694 per sqft for 1,381 sqft. The unit has 2 registered sales; the first was AED 4,200,000 in November 2021.

How big is unit 1508?

1,381 sqft (128.3 sqm): a one-bedroom apartment on the 15th floor of a 54-storey tower completed in 2023.

What is unit 1508 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 4,450,000 in the last 12 months, around AED 3,478 per sqft.

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Mortgage on 1508, Five Luxe

Starts from the last sale price (AED 5.1M, 25 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,100,000
Deposit, UAE resident (20%)
AED 1,020,000
Deposit, non-resident (40%)
AED 2,040,000
Monthly over 25 years at 3.7%
AED 20,866

Plus AED 219,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →