PropertyIndex

Five Luxe

Completed · Q2 2023|543 units · 1 tower

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Five Luxe is a completed apartment development by DEVCO REAL ESTATE DEVELOPMENT L.L.C in Dubai Marina, Marsa Dubai, comprising 543 registered units. 531 sales are registered with the Dubai Land Department, at a current PIX© price of AED 4,549 per sqft. At AED 4,549 per sqft, Five Luxe prices 79% above the Dubai Marina average of AED 2,539 per sqft on registered sales.

PIX© price · 6.8% YoY
6.55MAED
Typical
4,549AED
PSF
Gross yield
5.4%
PIX© rent ÷ PIX© price
Sale records
531
DLD · all time
Rent contracts
31
Ejari · all time
Five Luxe

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
85 – 14,094 sqft
5436.55M4,5496.8%354K5.4%
Residential
Studio · Apartment
488 – 712 sqft
60
1 Bed · Apartment
788 – 1,423 sqft
88
2 Bed · Apartment
1,597 – 2,219 sqft
34
3 Bed · Apartment
2,396 – 3,472 sqft
27
4 Bed · Apartment
5,073 – 5,101 sqft
10
5 Bed · Apartment
9,449 sqft
1
6 Bed · Apartment
9,462 – 14,094 sqft
2
Studio · Hotel Apartment
430 – 1,926 sqft
1 Bed · Hotel Apartment
938 – 2,074 sqft
2 Bed · Hotel Apartment
1,755 – 2,286 sqft
Hospitality
Studio · Hotel Room
430 – 2,098 sqft
173
1 Bed · Hotel Room
938 – 3,163 sqft
45
2 Bed · Hotel Room
1,755 – 2,527 sqft
4
3 Bed · Hotel Room
9,010 sqft
1
Commercial
Other Commercial
11,726 sqft
1
Shop
1,400 – 8,190 sqft
13
Store
85 – 527 sqft
84
Sales — Project-Wide531 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Floor Analysis
last 24 months
Median PSF · 103 sales
Floors 1-8 · 56 sales
Floors 12-51 · 47 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
3 Jul 20261 BedFloor 41,5988,088,0975,061StandardStandard Sale
3 Jul 2026StudioFloor 21,92610,182,4905,286StandardStandard Sale
2 Jul 2026StudioFloor 71,2924,587,1563,549StandardStandard Sale
Rentals — Project-Wide31 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
20 Jun 20262 BedFloor 512,219750,000338Standardnew
1 Jun 20263 BedFloor 302,396600,000250-33.3%Standardnew
1 May 20263 BedFloor 302,396900,000376+28.9%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Marina

The closest-priced registered projects in Dubai Marina.

Common questions about Five Luxe

Answered from Dubai Land Department registered transactions.

How much does a property in Five Luxe cost?

Property in Five Luxe sells at a current PIX© price of AED 4,549 per sqft, or about AED 6,554,232 for a typical unit, based on 531 sales registered with the Dubai Land Department.

Is Five Luxe completed?

Yes. Five Luxe is recorded as completed in the Dubai Land Department project register (completed q2 2023).

Who is the developer of Five Luxe?

Five Luxe is developed by DEVCO REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Five Luxe?

Five Luxe yields 5.4% gross, calculated from current PIX© rent against current PIX© sale price, across 31 registered Ejari contracts.

How many units are in Five Luxe?

Five Luxe holds 543 registered units, per the Dubai Land Department unit register.

Have prices in Five Luxe gone up or down?

Price per sqft has fallen -6.8% over the last 12 months, to AED 4,549, across 531 registered sales.