About Five Luxe
Five Luxe is a residential tower by Devco Real Estate Development, in Dubai Marina, Dubai. It rises 56 storeys (3 basement levels, a ground floor, 55 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 459 homes.
Key information
Developer
Devco Real Estate Development
- Handover
- Q4 2023
- Status
- Handed over
- Location
- Dubai Marina, Dubai
- Construction started
- 2021
- Number of buildings
- 1
- Number of units
- 459
- Registered with DLD
- 31 Oct 2021
- Escrow bank
- Commercial Bank of Dubai
- Escrow account no.
- 1004017354
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2021
- Handed overQ4 2023
Construction progress
92 inspection photos from the Dubai Land Department. Latest 26 Dec 2023 at 100% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
2 Swimming Pools
Covered Parking
25 Elevators
58 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
534
Median price
AED 4.1M
Median price / sqft
AED 4K+2%
Off-plan share
68%
Priced 206% above than the Marsa Dubai median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 249 | 814 sqft | AED 3.7M | AED 5K |
| 1 Bed | 162 | 1,122 sqft | AED 4.6M | AED 4K |
| 2 Bed | 57 | 1,768 sqft | AED 8.0M | AED 5K |
| 3 Bed | 45 | 3,141 sqft | AED 12.5M | AED 4K |
| 4 Bed | 15 | 5,120 sqft | AED 17.5M | AED 3K |
| 5 Bed | 2 | 9,466 sqft | AED 40.5M | AED 4K |
| 6 Bed | 4 | 11,838 sqft | AED 45.9M | AED 4K |
Price per sqft by year
+2% since 2021AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 31 Aug 2026 | Resale | 2,396 sqft | AED 10.4M | AED 4K |
| 06 Jul 2026 | Resale | 1,926 sqft | AED 10.2M | AED 5K |
| 06 Jul 2026 | Resale | 1,598 sqft | AED 8.1M | AED 5K |
| 02 Jul 2026 | Resale | 1,292 sqft | AED 4.6M | AED 4K |
| 24 Jun 2026 | Resale | 2,396 sqft | AED 10.5M | AED 4K |
| 19 May 2026 | Resale | 788 sqft | AED 3.8M | AED 5K |
| 27 Apr 2026 | Resale | 832 sqft | AED 3.4M | AED 4K |
| 09 Feb 2026 | Resale | 576 sqft | AED 2.6M | AED 5K |
Unit mix
459 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 15 | - |
| Studio | 172 | 488 - 712 sqft |
| 1 B/R | 45 | 938 - 6,278 sqft |
| 2 B/R | 4 | 1,755 - 2,527 sqft |
| 3 B/R | 1 | 9,010 sqft |
| Studio | 60 | 488 - 712 sqft |
| 1 B/R | 88 | 938 - 6,278 sqft |
| 2 B/R | 34 | 1,755 - 2,527 sqft |
| 3 B/R | 27 | 9,010 sqft |
| 4 B/R | 10 | 5,073 - 5,101 sqft |
| 5 B/R | 1 | 9,449 sqft |
| 6 B/R | 2 | 9,462 - 14,094 sqft |
Payment plan
Payment plans are set by Devco Real and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Dubai Marina, Dubai.
Dubai Marina
Dubai, United Arab Emirates
Frequently asked questions
Five Luxe has already been handed over (Q4 2023), according to Dubai Land Department records.
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