Studio · 834 sqftFive Luxe, Jumeirah Beach Residence · 1st floor · completed 2023

602, Five Luxe

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

Unit 602 · DLD and Ejari recordsUpdated 2 June 2025
Last soldAED 3.69M2 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Five Luxe

What is 602 worth today?

Last sold for AED 3,692,421 in 2025

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2 Jun 2025SoldReady
AED 3,692,421AED 4,428 per sqft
16 Feb 2023Sold by developerOff-plan
AED 3,938,152AED 4,723 per sqft

Source: Dubai Land Department. Updated 2 June 2025.

Key facts

Type
Studio hotel apartment
Size
834 sqft
Floor
1st of 54
Parking
EU
Developer
Devco Real Estate Development
Completed
2023
Last sold
AED 3.69M · June 2025
Building
Five Luxe

About 602, Five Luxe

602 is a studio of 834 sqft on the 1st floor of Five Luxe, a 54-storey tower in Jumeirah Beach Residence completed in 2023 by Devco Real Estate Development. It last sold on 2 June 2025 for AED 3,692,421, or AED 4,428 per sqft, 9% below the AED 4,857 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical studio in Five Luxe
3M4M2021202320252027Typical 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, February 2023: AED 3,938,152 (AED 4,723 per sqft)Sold, June 2025: AED 3,692,421 (AED 4,428 per sqft)

602 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Five Luxe, and where 602 sits

All 170 studios →

602 last sold in June 2025 at AED 4,428 per sqft, 9% below what studios in Five Luxe were fetching at the time (AED 4,857). 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 1st floor

All 366 units in Five Luxe
Value
104StudioAED 3.95M · Apr 2023
105StudioAED 3.21M · Feb 2023
106StudioAED 3.51M · Feb 2023
107StudioAED 3.14M · Mar 2024
108StudioAED 3.51M · Aug 2023
109StudioAED 3.51M · Apr 2023
1111-bedAED 4.89M · May 2024
1–7 of 23

602, Five Luxe in numbers

  • Sold twice: first on 16 February 2023 for AED 3,938,152, last on 2 June 2025 for AED 3,692,421 (AED 4,428 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 2 June 2025.

Questions about 602, Five Luxe

What did unit 602 last sell for?

AED 3,692,421 on 2 June 2025: AED 4,428 per sqft for 834 sqft. The unit has 2 registered sales; the first was AED 3,938,152 in February 2023.

How big is unit 602?

834 sqft (77.5 sqm): a studio on the 1st floor of a 54-storey tower completed in 2023.

What is unit 602 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 602, Five Luxe

Starts from the last sale price (AED 3.69M, 2 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,692,421
Deposit, UAE resident (20%)
AED 738,484
Deposit, non-resident (40%)
AED 1,476,968
Monthly over 25 years at 3.7%
AED 15,107

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →