406, Five Luxe
Sold prices and rental history: sold once, by the developer in May 2024, 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 406, Five Luxe
What is 406 worth today?
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Source: Dubai Land Department. Updated 28 May 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,297 sqft
- Floor
- 4th of 54
- Parking
- EU
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 4.34M · May 2024
- Building
- Five Luxe
About 406, Five Luxe
406 is a one-bedroom hotel apartment of 1,297 sqft on the 4th 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 28 May 2024 for AED 4,337,296, or AED 3,342 per sqft, 12% below the AED 3,803 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 406 over time
406 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Five Luxe, and where 406 sits
All 110 1-beds →406 last sold in May 2024 at AED 3,342 per sqft, 12% below what one-beds in Five Luxe were fetching at the time (AED 3,803). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 1,116 sqft | 3,900,000 | 3,493 | ||
| 12 Jun 202512 June 2025 | 788 sqft | 4,100,000 | 5,202 | ||
| 12 Jun 202512 June 2025 | 788 sqft | 4,100,000 | 5,202 | ||
| 4 Jun 20254 June 2025 | 788 sqft | 4,100,000 | 5,202 |
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 4th floor
All 366 units in Five Luxe| ValueToday's value | |||||
|---|---|---|---|---|---|
| 403 | Studio | 820 sqft | AED 3.61MAED 3,608,797 · Mar 2023March 2023 | ||
| 404 | Studio | 802 sqft | AED 3.56MAED 3,557,376 · Mar 2023March 2023 | ||
| 405 | Studio | 955 sqft | AED 3.35MAED 3,353,739 · Feb 2023February 2023 | ||
| 407 | Studio | 931 sqft | AED 3.35MAED 3,350,661 · Feb 2023February 2023 | ||
| 413 | 1-bed | 1,540 sqft | AED 5.15MAED 5,147,975 · May 2024May 2024 | 120,000 /yr | |
| 415 | Studio | 1,502 sqft | AED 5.3MAED 5,300,350 · Oct 2023October 2023 | ||
| 416 | 1-bed | 1,927 sqft | AED 6.44MAED 6,441,896 · May 2024May 2024 | ||
| 417 | Studio | 1,084 sqft | AED 3.62MAED 3,624,848 · May 2024May 2024 | ||
| 419 | Studio | 856 sqft | AED 3.19MAED 3,186,422 · Feb 2023February 2023 | ||
| 421 | Studio | 793 sqft | AED 3.54MAED 3,538,679 · Jun 2023June 2023 | ||
| 424 | Studio | 831 sqft | AED 3.77MAED 3,770,982 · Aug 2023August 2023 | ||
| 425 | Studio | 827 sqft | AED 3.7MAED 3,702,290 · Mar 2023March 2023 |
406, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 28 May 2024 for AED 4,337,296, or AED 3,342 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 28 May 2024.
Questions about 406, Five Luxe
What did unit 406 last sell for?
AED 4,337,296 on 28 May 2024, sold by the developer: AED 3,342 per sqft for 1,297 sqft. It is the only registered sale of the unit.
How big is unit 406?
1,297 sqft (120.5 sqm): a one-bedroom hotel apartment on the 4th floor of a 54-storey tower completed in 2023.
What is unit 406 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 406, Five Luxe
Starts from the last sale price (AED 4.34M, 28 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,337,296
- Deposit, UAE resident (20%)
- AED 867,459
- Deposit, non-resident (40%)
- AED 1,734,918
- Monthly over 25 years at 3.7%
- AED 17,745
Plus AED 187,177 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →