Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026

Dubai Land Department register

Five Luxe

CompletedCompletion on file Jun 2023

459 homes on the DLD register in Marsa Dubai, filed by Devco Real Estate Development L.L.C. 534 sales have been registered against it between 15 Nov 2021 and 31 Aug 2026.

Construction completeCompleted

Recorded at DLD's site inspection of 26 Dec 2023. That is an inspector's last visit, not today — the site has moved on since.

Developer entityDevco Real Estate Development L.L.C
Area (DLD)Marsa Dubai
StatusCompleted
Homes459
Registered sales534
Project registry

THE DLD RECORD

Registry as at 4 Oct 2026
Registered developer entityDevco Real Estate Development L.L.C
Area (DLD)Marsa Dubai
Master community—
Project statusCompleted
Construction progress100.00% complete (DLD inspection, 26 Dec 2023)
Homes registered459
Buildings1
Registered start2 Sep 2021
Registered completion date2 Jun 2023
DLD project number2309
Description as recorded by DLD

The project is 3B+ G +55 +2R

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Project escrow account
Escrow trustee bankCommercial Bank Of Dubai(Psc)
Escrow account1004017354

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 4 Oct 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 4 Oct 2026; the project status and escrow details as at 4 Oct 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Jun 2023.

Registered sales

REGISTERED SALE PRICES

DLD register · as at 5 Oct 2026

534 sales were registered against Five Luxe between 15 Nov 2021 and 31 Aug 2026 — a span of 57 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
4,206
Across 49 apartment and villa sales since 28 Apr 2025
Median price
AED 4.10m
Median size 1,015 sqft
Registered sales
534
15 Nov 2021 to 31 Aug 2026
Vs area median
+99.1%
Marsa Dubai: 2,112 AED/sqft, 1,223 sales, resale only, 12 months to 5 Oct 2026

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 5 Oct 2026). The area figure covers resale only in Marsa Dubai over the 12 months to 5 Oct 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level and view are not controlled for on either side, and neither is use class: DLD registers offices and shops as units, so registered retail and office sales are pooled into both figures, and retail trades at a materially higher rate per square foot than residential stock in the same building. In sectors where commercial space is a large share of what registers, the area figure sits well above the residential rate. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter
4,307Q2 2025n=143,643Q3 2025n=154,184Q4 2025n=64,144Q1 2026n=74,382Q2 2026n=34,701Q3 2026n=4

A quarter with fewer than 20 registered sales is drawn hollow, with its sale count underneath. The change between quarters is quoted only between quarters that reached 20. Points are spaced evenly rather than by date.

By unit size
TypeSalesMedian sizeMedian AED/sqft
Studio31919 sqft4,144
1 bedroom111,294 sqft4,088
2 bedrooms31,599 sqft5,003
3 bedrooms42,396 sqft4,361

Every band shows its median with its sale count. A band with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as the rate for that unit type.

Registration timing
Registration typeSalesMedian AED/sqft
Registered before completion0—
Registered after completion494,206

DLD splits registrations by timing: an off-plan registration is entered before the unit legally completes, an existing registration after. Where both appear, the gap between them reflects that difference as much as any movement in value. A side with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as a rate.

Buildings in the register
BuildingSales
FIVE LUXE43
The last 12 registrations to 5 Oct 2026
DateTypeUnitSizePriceAED/sqft
31 Aug 2026Existing3 bedrooms2,396 sqftAED 10,400,0004,341
3 Jul 2026ExistingStudio1,926 sqftAED 10,182,4905,286
3 Jul 2026Existing1 bedroom1,598 sqftAED 8,088,0975,061
2 Jul 2026ExistingStudio1,292 sqftAED 4,587,1563,549
24 Jun 2026Existing3 bedrooms2,396 sqftAED 10,500,0004,382
19 May 2026Existing1 bedroom788 sqftAED 3,825,0004,853
27 Apr 2026ExistingStudio832 sqftAED 3,352,8404,029
9 Feb 2026ExistingStudio576 sqftAED 2,600,0004,512
5 Feb 2026Existing1 bedroom1,116 sqftAED 3,900,0003,494
3 Feb 2026Existing1 bedroom1,598 sqftAED 6,532,3784,088
30 Jan 2026Existing1 bedroom1,297 sqftAED 4,411,4383,400
20 Jan 2026Existing2 bedrooms1,599 sqftAED 8,000,0005,003

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 100–20,000. Figures are medians, not averages. The medians, trend and quarterly table above are drawn on the part of the register we hold in full detail, which runs from 28 Apr 2025 to 5 Oct 2026; 28 Apr 2025 is the earliest date there, not the date this project started selling. The sale count and date span in the opening sentence cover all registered history to 2 Oct 2026, from the transaction feed below. This page is a dated extract taken on 6 Oct 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Transaction history

ALL REGISTERED SALES

DLD register · to 2 Oct 2026
Median AED/sqft, last 6 months, apartments and villas
4,382
Across 3 registered sales to 2 Oct 2026
Registered sales, all time
534
15 Nov 2021 to 31 Aug 2026
The latest 25 of 534 sales, newest first
DateProperty typeBedroomsArea (sq ft)Price (AED)AED per sq ft
31 Aug 2026Flat3 B/R2,39610,400,0004,340
6 Jul 2026Hotel RoomsStudio1,92610,182,4905,286
6 Jul 2026Hotel Rooms1 B/R1,5988,088,0975,061
2 Jul 2026Hotel RoomsStudio1,2924,587,1563,549
24 Jun 2026Flat3 B/R2,39610,500,0004,382
19 May 2026Flat1 B/R7883,825,0004,853
27 Apr 2026Hotel RoomsStudio8323,352,8404,029
9 Feb 2026FlatStudio5762,600,0004,512
5 Feb 2026Flat1 B/R1,1163,900,0003,494
3 Feb 2026Hotel Rooms1 B/R1,5986,532,3784,088
30 Jan 2026Hotel Rooms1 B/R1,2984,411,4383,400
20 Jan 2026Flat2 B/R1,5998,000,0005,003
8 Jan 2026FlatStudio7122,950,0004,144
8 Jan 2026FlatStudio7123,500,0004,916
13 Nov 2025Hotel RoomsStudio9224,080,9204,429
13 Nov 2025Flat1 B/R1,2854,450,0003,462
5 Nov 2025FlatStudio7123,350,0004,707
30 Oct 2025Flat1 B/R8014,300,0005,367
17 Oct 2025Hotel RoomsStudio1,0543,558,2773,375
7 Oct 2025Hotel RoomsStudio9303,953,4384,250
7 Oct 2025Hotel RoomsStudio8533,587,6414,206
7 Oct 2025Hotel RoomsStudio8343,471,4254,162
7 Oct 2025Hotel RoomsStudio8553,559,2304,162
7 Oct 2025Hotel RoomsStudio8323,497,1024,206
1 Oct 2025Flat1 B/R1,3813,900,0002,825

Source: Dubai Land Department sales register, every registered sale held against this project, as at 2 Oct 2026. The count is every registered sale, of any property type, over the project’s whole history. The median is a separate measure: it covers the 6 months to that date and uses only apartment and villa sales in that period that carry a price and an area. Offices, shops, land and other non-residential sales are listed above but never enter it. Areas are DLD’s square metres converted to square feet.

Location

REGISTERED SALES NEARBY

Nearest metroJumeirah Beach Resdency
Nearest mallMarina Mall
Nearest landmarkBurj Al Arab

These are the values DLD records against this project’s own registered sales, not a distance we measured. Where a project’s sales disagree, the most frequently recorded value is shown.

Next step

ASK US ABOUT FIVE LUXE

This page is the public register — the project record as at 4 Oct 2026, and the transaction register to 5 Oct 2026.

  • AVAILABILITY

    On the register

    459 homes

    From the DLD project record as at 4 Oct 2026, filed at status “Completed” as at 4 Oct 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    534 registered sales

    Prices already paid, registered between 15 Nov 2021 and 31 Aug 2026.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    —

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    12 recent registrations

    Listed above with date, size, price and AED per square foot.

    Not on the register

    How the specific unit compares with the ones already registered

Tell us your budget and objective and we will come back with the current position.

Need help?