Studio · 576 sqftFive Luxe, Jumeirah Beach Residence · 21st floor · completed 2023

1702, Five Luxe

Sold prices and rental history: sold 3 times, last in July 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 7 July 2025
Last soldAED 3.34M7 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Five Luxe

What is 1702 worth today?

Last sold for AED 3,340,000 in 2025

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7 Jul 2025SoldReady
AED 3,340,000AED 5,795 per sqft
16 Apr 2024SoldReady
AED 3,100,000AED 5,379 per sqft
26 May 2022Sold by developerOff-plan
AED 2,549,270AED 4,423 per sqft

Source: Dubai Land Department. Updated 7 July 2025.

Key facts

Type
Studio apartment
Size
576 sqft
Floor
21st of 54
Parking
B1-16
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 3.34M · July 2025
Building
Five Luxe

About 1702, Five Luxe

1702 is a studio of 576 sqft on the 21st floor of Five Luxe, a 54-storey tower in Jumeirah Beach Residence completed in 2023 by Devco Real Estate Development. It last sold on 7 July 2025 for AED 3,340,000, or AED 5,795 per sqft, 19% above the AED 4,871 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical studio in Five Luxe
3M2021202320252027Typical 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 2022: AED 2,549,270 (AED 4,423 per sqft)Sold, April 2024: AED 3,100,000 (AED 5,379 per sqft)Sold, July 2025: AED 3,340,000 (AED 5,795 per sqft)

1702 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in Five Luxe, and where 1702 sits

All 170 studios →

1702 last sold in July 2025 at AED 5,795 per sqft, 19% above what studios in Five Luxe were fetching at the time (AED 4,871). 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 21st floor

All 366 units in Five Luxe
Value
2101StudioAED 3M · Jan 2022
2102StudioAED 3.34M · Jul 2025
21031-bedAED 3.59M · Dec 2021
2104StudioAED 3.6M · Nov 2024
21051-bedAED 3.95M · Mar 2022
21061-bedAED 3.52M · Nov 2021
2107StudioAED 4.35M · May 2025
1–7 of 9

1702, Five Luxe in numbers

  • Sold 3 times: first on 26 May 2022 for AED 2,549,270, last on 7 July 2025 for AED 3,340,000 (AED 5,795 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 7 July 2025.

Questions about 1702, Five Luxe

What did unit 1702 last sell for?

AED 3,340,000 on 7 July 2025: AED 5,795 per sqft for 576 sqft. The unit has 3 registered sales; the first was AED 2,549,270 in May 2022.

How big is unit 1702?

576 sqft (53.5 sqm): a studio on the 21st floor of a 54-storey tower completed in 2023.

What is unit 1702 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 1702, Five Luxe

Starts from the last sale price (AED 3.34M, 7 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,340,000
Deposit, UAE resident (20%)
AED 668,000
Deposit, non-resident (40%)
AED 1,336,000
Monthly over 25 years at 3.7%
AED 13,665

Plus AED 145,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →