1609, Five Luxe
Sold prices and rental history: sold once, by the developer in February 2022, 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 1609, Five Luxe
What is 1609 worth today?
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Source: Dubai Land Department. Updated 25 February 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,843 sqft
- Floor
- 16th of 54
- Parking
- 1
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 5.85M · February 2022
- Building
- Five Luxe
About 1609, Five Luxe
1609 is a two-bedroom apartment of 1,843 sqft on the 16th 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 25 February 2022 for AED 5,850,000, or AED 3,173 per sqft, 27% below the AED 4,363 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1609 over time
1609 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Five Luxe, and where 1609 sits
All 35 2-beds →1609 last sold in February 2022 at AED 3,173 per sqft, 27% below what two-beds in Five Luxe were fetching at the time (AED 4,363). Over the last 12 months two-beds sold for AED 8,000,000, around AED 5,002 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jan 202619 January 2026 | 1,599 sqft | 8,000,000 | 5,002 | ||
| 24 Jun 202524 June 2025 | 1,599 sqft | 8,470,000 | 5,296 | ||
| 20 Feb 202520 February 2025 | 2,025 sqft | 11,400,000 | 5,629 | ||
| 16 Dec 202416 December 2024 | 2,025 sqft | 12,100,000 | 5,973 |
Five Luxe
Building366 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
Other units on the 16th floor
All 366 units in Five Luxe| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 712 sqft | AED 3.5MAED 3,500,000 · Sep 2025September 2025 | |||
| 1602 | Studio | 576 sqft | AED 3.1MAED 3,100,000 · Oct 2023October 2023 | ||
| 1603 | 1-bed | 1,285 sqft | AED 5.1MAED 5,100,000 · Sep 2022September 2022 | ||
| 1604 | Studio | 488 sqft | AED 3.4MAED 3,400,000 · Aug 2024August 2024 | ||
| 1605 | 1-bed | 788 sqft | AED 3.63MAED 3,632,857 · Jun 2022June 2022 | ||
| 1607 | Studio | 511 sqft | AED 3.4MAED 3,400,000 · May 2024May 2024 | ||
| 1608 | 1-bed | 1,381 sqft | AED 3.78MAED 3,780,000 · Feb 2022February 2022 |
1609, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 25 February 2022 for AED 5,850,000, or AED 3,173 per sqft.
- Two-beds in Five Luxe sold for AED 8,000,000–8,000,000 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 February 2022.
Questions about 1609, Five Luxe
What did unit 1609 last sell for?
AED 5,850,000 on 25 February 2022, sold by the developer: AED 3,173 per sqft for 1,843 sqft. It is the only registered sale of the unit.
How big is unit 1609?
1,843 sqft (171.2 sqm): a two-bedroom apartment on the 16th floor of a 54-storey tower completed in 2023.
What is unit 1609 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Five Luxe sold for AED 8,000,000 to 8,000,000 in the last 12 months, around AED 5,002 per sqft.
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Mortgage on 1609, Five Luxe
Starts from the last sale price (AED 5.85M, 25 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 5,850,000
- Deposit, UAE resident (20%)
- AED 1,170,000
- Deposit, non-resident (40%)
- AED 2,340,000
- Monthly over 25 years at 3.7%
- AED 23,934
Plus AED 250,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →