Five Luxe
فايف لاكسDEVCO REAL ESTATE DEVELOPMENT L.L.C · Home sales since 2021 · mostly resales in the 12 months to 6 Oct 2026
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 459 units · 1 building · DLD target completion December 2023
Registered developer: DEVCO REAL ESTATE DEVELOPMENT L.L.C (DLD no. 1358)
Escrow account with Commercial Bank of Dubai · Zoned by Dubai Municipality
From the Land Department’s projects file, file dated 15 June 2026.
1 sale: AED 4,916/sqft
1–7 Oct 2026 · 1 home sale
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No two months with 5+ resales 3 or more years apart.
25 months
Recorded home resales here fall in 25 months, Feb 2024 to Oct 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Five Luxe — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Five Luxe over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Five Luxe itself. The rest are homes of the same size in Dubai Marina, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| Studio | AED 3.35M | AED 80,000/yrsame size in Dubai Marina · 325 new lets | 2.4% | 5 |
| 1 bed | AED 4.1M | AED 130,000/yrsame size in Dubai Marina · 1,377 new lets | 3.2% | 4 |
| 2 beds | AED 8M1 sale | AED 160,000/yrsame size in Dubai Marina · 1,137 new lets | 2.0% | 1 |
| 3 beds | AED 10.45M | AED 275,000/yrsame size in Dubai Marina · 139 new lets | 2.6% | 2 |
A separate reserve-fund line appears in 40 of the 40 project budgets counted together here; the middle of those is AED 1.6/sqft.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Five Luxe
Is Five Luxe selling off-plan or as resales?
0% of the 12 home sales recorded in Five Luxe in the 12 months to 6 Oct 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Five Luxe start selling?
The Land Department's register holds 341 home sales in Five Luxe. The earliest was recorded in Nov 2021 and the newest in Oct 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Dubai Marina typical price
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Too few sales for a comparison. 1–7 Oct 2026: here 1 sale: AED 4,916/sqft against Dubai Marina AED 1,901/sqft · 62 sales.
Developer track record
607 recorded sales
Matched to DEVCO REAL ESTATE DEVELOPMENT L.L.C, Sep 2021 to 6 Oct 2026.
1 completed · 1 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
Low competitionWhen Five Luxe handed over in December 2023, 1 other project in Dubai Marina had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 29 other projects in Dubai Marina as not yet finished. The project listed below is not among them.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
902 m
Sobha Realty
2.2 km
ICCA Dubai
342 m
Health Avenue Polyclinics
112 m
Caramel Center Supermarket
Metro stations
- Sobha Realty902 m
- Al Fardan Exchange1.2 km
- Palm Gateway1.7 km
- DMCC2.0 km
Schools
- ICCA Dubai2.2 km
- Premier Genie2.5 km
- Coventry University UAE Regional Hub2.5 km
- Emirates International School - Meadows2.8 km
Hospitals & clinics
- Health Avenue Polyclinics342 m
- Emirates Hospital511 m
- Lux Aeterna Clinic1.5 km
- Welcare Hospital2.1 km
Supermarkets
- Caramel Center Supermarket112 m
- Carrefour181 m
- Binsina197 m
- Carrefour Express338 m
Bus stops
- Big bus 20 Tallest block26 m
- Bus stop39 m
- Bus stop74 m
- Big bus 19 bayside439 m
Pharmacies
- Community Pharmacy76 m
- Life Pharmacy255 m
- Life Pharmacy270 m
- Life Pharmacy283 m
Malls
- Dubai Marina Mall1.4 km
- Bluewaters Wharf Retail2.4 km
- The Wharf2.5 km
- Palm Jumeirah Mall3.0 km
Parks
- Jumeirah Lakes Towers Park1.4 km
- Emaar Business Park2.4 km
- Greens Park2.5 km
- DEWA Staff3.0 km
Mosques
- Mosque Sheikh Rashid bin Mohammed158 m
- Mosque2.2 km
- Al Rahim Mosque2.5 km
- Al Tasamuh Mosque2.6 km
Straight-line distances — actual walking or driving routes will be longer. Measured from the centre of Marsa Dubai — we couldn't pin this project's exact address, so treat these as area-level, not door-to-door. Places data from OpenStreetMap.
Building in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Dubai Marina
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Arada Developments L.L.C S.O.C
Apr 2026 · 6 home sales
Unknown developer
Aug 2026 · 7 home sales
Emaar Development P.J.S.C.
Aug 2026 · 6 home sales
Emaar Development P.J.S.C.
Jul 2026 · 8 home sales
Emaar Properties (P.J.S.C)
Sep 2026 · 8 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Five Luxe?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.