← All projects

FIVE LUXE

Completed

Developed by DEVCO REAL ESTATE DEVELOPMENT L.L.C. Located in Marsa Dubai.

Construction progress100%Expected 26 Dec 2023
Units4591 buildings · 0 villas
Registered sales53330 in the last 12 months
Median sale priceAED 4.10MMedian of registered salesAED 4,418/sqft

Registry record

Project number
2309
Name on the register
فايف لاكس
Developer
DEVCO REAL ESTATE DEVELOPMENT L.L.C
Master developer
ديفكو لتطوير العقارات ش.ذ.م.م
Escrow agent
COMMERCIAL BANK OF DUBAI(PSC)
Zoning authority
Dubai Municipality
Master project
Not recorded
Start date
2 Sept 2021
Expected completion
2 Jun 2023
Actual completion
26 Dec 2023
Cancelled
Not recorded
Plots
0
Progress
100%

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

Sales evidence

Median size
961 sqft
Median price per sqft
AED 4,418/sqft
Total value transacted
AED 3.20B
Off-plan vs ready
365 off-plan · 168 ready
First sale
15 Nov 2021
Latest sale
6 Jul 2026

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
6 Jul 2026Marsa DubaiFIVE LUXEHotel RoomsExisting PropertiesStudio1,926 sqftAED 5,286/sqftAED 10,182,490
6 Jul 2026Marsa DubaiFIVE LUXEHotel RoomsExisting Properties1 B/R1,598 sqftAED 5,061/sqftAED 8,088,097
2 Jul 2026Marsa DubaiFIVE LUXEHotel RoomsExisting PropertiesStudio1,292 sqftAED 3,549/sqftAED 4,587,156
24 Jun 2026Marsa DubaiFIVE LUXEFlatExisting Properties3 B/R2,396 sqftAED 4,382/sqftAED 10,500,000
19 May 2026Marsa DubaiFIVE LUXEFlatExisting Properties1 B/R788 sqftAED 4,853/sqftAED 3,825,000
27 Apr 2026Marsa DubaiFIVE LUXEHotel RoomsExisting PropertiesStudio832 sqftAED 4,029/sqftAED 3,352,840
9 Feb 2026Marsa DubaiFIVE LUXEFlatExisting PropertiesStudio576 sqftAED 4,512/sqftAED 2,600,000
5 Feb 2026Marsa DubaiFIVE LUXEFlatExisting Properties1 B/R1,116 sqftAED 3,494/sqftAED 3,900,000
3 Feb 2026Marsa DubaiFIVE LUXEHotel RoomsExisting Properties1 B/R1,598 sqftAED 4,088/sqftAED 6,532,378
30 Jan 2026Marsa DubaiFIVE LUXEHotel RoomsExisting Properties1 B/R1,297 sqftAED 3,400/sqftAED 4,411,438
20 Jan 2026Marsa DubaiFIVE LUXEFlatExisting Properties2 B/R1,599 sqftAED 5,003/sqftAED 8,000,000
8 Jan 2026Marsa DubaiFIVE LUXEFlatExisting PropertiesStudio712 sqftAED 4,916/sqftAED 3,500,000
8 Jan 2026Marsa DubaiFIVE LUXEFlatExisting PropertiesStudio712 sqftAED 4,144/sqftAED 2,950,000
13 Nov 2025Marsa DubaiFIVE LUXEFlatExisting Properties1 B/R1,285 sqftAED 3,462/sqftAED 4,450,000
13 Nov 2025Marsa DubaiFIVE LUXEHotel RoomsExisting PropertiesStudio922 sqftAED 4,429/sqftAED 4,080,920
5 Nov 2025Marsa DubaiFIVE LUXEFlatExisting PropertiesStudio712 sqftAED 4,707/sqftAED 3,350,000
30 Oct 2025Marsa DubaiFIVE LUXEFlatExisting Properties1 B/R801 sqftAED 5,367/sqftAED 4,300,000
17 Oct 2025Marsa DubaiFIVE LUXEHotel RoomsExisting PropertiesStudio1,054 sqftAED 3,375/sqftAED 3,558,277
7 Oct 2025Marsa DubaiFIVE LUXEHotel RoomsExisting PropertiesStudio855 sqftAED 4,162/sqftAED 3,559,230
7 Oct 2025Marsa DubaiFIVE LUXEHotel RoomsExisting PropertiesStudio834 sqftAED 4,162/sqftAED 3,471,425
7 Oct 2025Marsa DubaiFIVE LUXEHotel RoomsExisting PropertiesStudio832 sqftAED 4,206/sqftAED 3,497,102
7 Oct 2025Marsa DubaiFIVE LUXEHotel RoomsExisting PropertiesStudio853 sqftAED 4,206/sqftAED 3,587,641
7 Oct 2025Marsa DubaiFIVE LUXEHotel RoomsExisting PropertiesStudio930 sqftAED 4,250/sqftAED 3,953,438
1 Oct 2025Marsa DubaiFIVE LUXEFlatExisting Properties1 B/R1,380 sqftAED 2,825/sqftAED 3,900,000
29 Sept 2025Marsa DubaiFIVE LUXEFlatExisting PropertiesStudio712 sqftAED 4,918/sqftAED 3,500,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.