Project profile
Five Luxe Project · Marsa Dubai · prices, sales and rents
Registered prices, construction progress and the record across its buildings.
Developer: Devco Real Estate Development
Data to 4 November 2026
- Registered sales
- 12
- Last 12 months
- Median ready price
- AED 4,382
- Per sq ft
- Construction progress
- 100%
- Completed
Dubai Land Department lists the project as completed on 26 December 2023. In the last 12 months, Dubai Land Department registered 12 sales in Five Luxe, worth AED 61.7M in total. The median price of ready homes was 4,382 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
A project, in progress.
Completed
- Start
- 2 September 2021
- DLD end date
- 2 June 2023
- Completion
- 26 December 2023
- Units
- 459
- Buildings
- 1
Launch and latest registrations.
- Launch price
- AED 4,213
- First 90 days from Nov 2021, 90 home sales
- Last 12 months
- AED 4,382
- 12 home sales
- Change
- —
- Same home types, AED/sqft
Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.
Five Luxe registered prices, over time.
Median registered price, AED per sq ft
Show the figures
| Month | Ready (registered sales) |
|---|---|
| Nov 2023 | — |
| Dec 2023 | — |
| Jan 2024 | — |
| Feb 2024 | — 1 sale |
| Mar 2024 | 4,437 AED/sqft 10 sales |
| Apr 2024 | 4,391 AED/sqft 8 sales |
| May 2024 | 5,319 AED/sqft 6 sales |
| Jun 2024 | — 2 sales |
| Jul 2024 | — |
| Aug 2024 | — 4 sales |
| Sep 2024 | — 4 sales |
| Oct 2024 | — 4 sales |
| Nov 2024 | — 1 sale |
| Dec 2024 | — 4 sales |
| Jan 2025 | — |
| Feb 2025 | — 2 sales |
| Mar 2025 | 5,711 AED/sqft 5 sales |
| Apr 2025 | — |
| May 2025 | — 4 sales |
| Jun 2025 | 5,203 AED/sqft 5 sales |
| Jul 2025 | — 2 sales |
| Aug 2025 | — 2 sales |
| Sep 2025 | — 3 sales |
| Oct 2025 | — 2 sales |
| Nov 2025 | — 2 sales |
| Dec 2025 | — |
| Jan 2026 | — 3 sales |
| Feb 2026 | — 2 sales |
| Mar 2026 | — |
| Apr 2026 | — |
| May 2026 | — 1 sale |
| Jun 2026 | — 1 sale |
| Jul 2026 | — |
| Aug 2026 | — 1 sale |
| Sep 2026 | — |
| Oct 2026 | — 2 sales |
What does each home type sell and rent for in Five Luxe?
Apartment · Studio
- Ready median price
- AED 3.4M
- Median yearly rent
- —
- Gross yield
- —
Apartment · 2 beds
- Ready median price
- —
- Median yearly rent
- AED 420K
- Gross yield
- Rent only
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
Service charges.
In the area report.
The Marsa Dubai area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Marsa Dubai area reportThe latest registered sales in Five Luxe.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 27 Oct 2026 | Apartment · 1 bed · Ready | 1,285 sqft | AED 4,750,000 | 3,696 |
| 6 Oct 2026 | Apartment · Studio · Ready | 712 sqft | AED 3,500,000 | 4,916 |
| 31 Aug 2026 | Apartment · 3 beds · Ready | 2,396 sqft | AED 10,400,000 | 4,341 |
| 24 Jun 2026 | Apartment · 3 beds · Ready | 2,396 sqft | AED 10,500,000 | 4,382 |
| 19 May 2026 | Apartment · 1 bed · Ready | 788 sqft | AED 3,825,000 | 4,854 |
| 9 Feb 2026 | Apartment · Studio · Ready | 576 sqft | AED 2,600,000 | 4,514 |
| 5 Feb 2026 | Apartment · 1 bed · Ready | 1,116 sqft | AED 3,900,000 | 3,495 |
| 20 Jan 2026 | Apartment · 2 beds · Ready | 1,599 sqft | AED 8,000,000 | 5,003 |
| 8 Jan 2026 | Apartment · Studio · Ready | 712 sqft | AED 3,500,000 | 4,916 |
| 8 Jan 2026 | Apartment · Studio · Ready | 712 sqft | AED 2,950,000 | 4,143 |
27 Oct 2026
Apartment1 bedReady1,285 sqft
AED 4,750,0003,696 AED/sqft
6 Oct 2026
ApartmentStudioReady712 sqft
AED 3,500,0004,916 AED/sqft
31 Aug 2026
Apartment3 bedsReady2,396 sqft
AED 10,400,0004,341 AED/sqft
24 Jun 2026
Apartment3 bedsReady2,396 sqft
AED 10,500,0004,382 AED/sqft
19 May 2026
Apartment1 bedReady788 sqft
AED 3,825,0004,854 AED/sqft
9 Feb 2026
ApartmentStudioReady576 sqft
AED 2,600,0004,514 AED/sqft
5 Feb 2026
Apartment1 bedReady1,116 sqft
AED 3,900,0003,495 AED/sqft
20 Jan 2026
Apartment2 bedsReady1,599 sqft
AED 8,000,0005,003 AED/sqft
8 Jan 2026
ApartmentStudioReady712 sqft
AED 3,500,0004,916 AED/sqft
8 Jan 2026
ApartmentStudioReady712 sqft
AED 2,950,0004,143 AED/sqft
Questions about Five Luxe
What is the price per sq ft in Five Luxe?
In the 12 months to 4 November 2026, the median registered sale price of ready homes was 4,382 AED/sqft.
How many homes were sold in Five Luxe in the last 12 months?
In the last 12 months, Dubai Land Department registered 12 sales in Five Luxe, worth AED 61.7M in total. The median price of ready homes was 4,382 AED/sqft. Registered sales to 4 November 2026.
What is the rent in Five Luxe?
In the 12 months to 4 November 2026, Apartment · 2 beds was the most rented home type in Five Luxe, at a median of AED 420,000 a year over 5 new contracts.
When was Five Luxe completed?
Dubai Land Department lists the project as completed on 26 December 2023.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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