511, Five Luxe
Sold prices and rental history: sold once, by the developer in March 2023, 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 511, Five Luxe
What is 511 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 8 March 2023.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,260 sqft
- Floor
- 5th of 54
- Parking
- EU
- Developer
- Devco Real Estate Development
- Completed
- 2023
- Last sold
- AED 6.02M · March 2023
- Building
- Five Luxe
About 511, Five Luxe
511 is a one-bedroom hotel apartment of 1,260 sqft on the 5th 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 8 March 2023 for AED 6,021,285, or AED 4,777 per sqft, 4% above the AED 4,609 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 511 over time
511 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Five Luxe, and where 511 sits
All 110 1-beds →511 last sold in March 2023 at AED 4,777 per sqft, 4% above what one-beds in Five Luxe were fetching at the time (AED 4,609). 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 5th floor
All 366 units in Five Luxe| ValueToday's value | |||||
|---|---|---|---|---|---|
| 212 | 930 sqft | AED 3.95MAED 3,953,438 · Oct 2025October 2025 | |||
| 503 | Studio | 829 sqft | AED 4.09MAED 4,090,380 · Sep 2023September 2023 | ||
| 504 | Studio | 827 sqft | AED 3.66MAED 3,655,835 · Apr 2023April 2023 | ||
| 505 | Studio | 802 sqft | AED 3.59MAED 3,594,432 · Mar 2023March 2023 | ||
| 506 | Studio | 955 sqft | AED 3.7MAED 3,696,108 · Mar 2023March 2023 | ||
| 508 | Studio | 931 sqft | AED 3.59MAED 3,591,268 · May 2023May 2023 | ||
| 510 | Studio | 852 sqft | AED 3.73MAED 3,730,481 · May 2024May 2024 | ||
| 512 | 1-bed | 1,601 sqft | AED 7.29MAED 7,292,389 · Mar 2023March 2023 | ||
| 513 | Studio | 1,021 sqft | AED 4.83MAED 4,826,143 · Mar 2023March 2023 | ||
| 514 | Studio | 1,028 sqft | AED 5.12MAED 5,122,796 · May 2023May 2023 | ||
| 515 | Studio | 973 sqft | AED 4.39MAED 4,389,297 · Apr 2024April 2024 | ||
| 516 | Studio | 846 sqft | AED 4.01MAED 4,010,814 · May 2023May 2023 | ||
| 519 | Studio | 969 sqft | AED 4.41MAED 4,411,564 · Sep 2023September 2023 | ||
| 520 | Studio | 793 sqft | AED 3.6MAED 3,599,156 · Apr 2023April 2023 | ||
| 521 | Studio | 846 sqft | AED 3.71MAED 3,712,519 · May 2024May 2024 | ||
| 523 | Studio | 1,136 sqft | AED 5.71MAED 5,706,080 · Oct 2024October 2024 | ||
| 524 | Studio | 1,603 sqft | AED 7.98MAED 7,977,803 · May 2023May 2023 |
511, Five Luxe in numbers
- Sold once: by Devco Real Estate Development on 8 March 2023 for AED 6,021,285, or AED 4,777 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 8 March 2023.
Questions about 511, Five Luxe
What did unit 511 last sell for?
AED 6,021,285 on 8 March 2023, sold by the developer: AED 4,777 per sqft for 1,260 sqft. It is the only registered sale of the unit.
How big is unit 511?
1,260 sqft (117.1 sqm): a one-bedroom hotel apartment on the 5th floor of a 54-storey tower completed in 2023.
What is unit 511 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.
Selling 511? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 511, Five Luxe
Starts from the last sale price (AED 6.02M, 8 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 6,021,285
- Deposit, UAE resident (20%)
- AED 1,204,257
- Deposit, non-resident (40%)
- AED 2,408,514
- Monthly over 25 years at 3.7%
- AED 24,635
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →