DLD project no. 2309Completed459 units
Five Luxe فايف لاكس Completed 26 December 2023 (DLD) · DLD end date Jun 2023 · DLD register as of 1 November 2026 DLD register as of 1 November 2026. Dates are the ones registered with DLD.
Completed projects cannot be added to My units.
CompletionDLD readings of % built, beside the share of the planned period gone
% built
28 October 2026| Date | % built | Source |
|---|---|---|
| 26 December 2023 | 100% | DLD inspection |
| 9 November 2023 | 97% | DLD inspection |
| 12 September 2023 | 95% | DLD inspection |
| 27 September 2022 | 76.4% | DLD inspection |
| 5 August 2022 | 69% | DLD register, archived export |
| 23 May 2022 | 68.9% | DLD inspection |
| 10 January 2022 | 68% | DLD inspection |
| 13 October 2021 | 67% | DLD inspection |
Source: Dubai Land Department projects register, as of 1 November 2026. Earlier readings: archived DLD projects exports of 5 August 2022, 12 May 2024. Source: Dubai Land Department, Project Status inspections (dates and % only), collected on 7 November 2026. DLD Project Status ↗
Site timeline
± 6 monthsOur imagery reading holds no milestone for this project yet.
Our reading of historical satellite imagery
Registered period and actual build
Source: DLD projects register. Build time: our calculation from DLD’s start and completion dates.
Changes in the DLD register
No change to the end date, status or % built across the register exports we hold.
Source: DLD projects register exports, compared by CraneScore. Planned dates against DLD's completion date. In 69% of completed projects in the register the completion date and the DLD end date are the same day, which suggests DLD sets the end date at completion, so this comparison can show no gap where there was one.
Building permits
1 of 5 buildingsBuildings on the project’s plots: 5, on construction permits: 1, as Dubai Municipality lists them.
Furthest stage reached: Masonry.
| Work stage | Buildings |
|---|---|
| Site works | 2 |
| Masonry | 1 |
| No stage listed | 2 |
Source: Dubai Municipality building permits, export of 26 October 2026. These dates and stages are Dubai Municipality’s records, not DLD’s register.
DLD registration
DLD services ↗Homes: flats 222 · hotel apartments and rooms 222.
Also registered: shops and showrooms 13 · other units 86.
Counts from DLD's units register; villas from its buildings register. Sizes: the middle half of the homes' registered areas (25th to 75th percentile), villas by built-up area. Source: Dubai Land Department open data (units and buildings registers, export of 5 November 2026), under the Dubai Data Open Data Licence.
Description in the DLD register: The project is 3B+ G +55 +2R
DLD's own services for this project, including the Dubai REST app: dubailand.gov.ae
Price historyRegistered sale prices for this project, in AED per sq ft, with the number of sales in each figure.
AED · sqft
Dubai Statistics Center residential price index (flats), 2021-Q4 to 2026-Q2: +41.4%.
Prices are over apartments, the type most sales in this project are.
| Bedrooms | Sales, 24 months | Latest median AED/sqft | Latest sales |
|---|---|---|---|
| Studio | 13 | 4,705 (5) | Nov 2025 – Nov 2026 |
| 1 BR | 18 | — | — |
| 2 BR | 5 | — | — |
| 3 BR | 6 | — | — |
Launch price: median AED/sqft of the project's off-plan home sales in the 90 days from its first one, for a first sale on or after 1 March 2020; Skyline Index uses the same rule. Latest: home sales of the last 12 months after the launch window, ready and off-plan; the change compares the same home types. The bedroom table compares the launch window with the last 6 months (12 when 6 have fewer than 5 sales). Off-plan registrations include developer sales and resales; DLD open data does not tell them apart. Sales more than 4 times off the median are left out.
Median AED/sqft by quarter
2021-Q4 → 2026-Q4| Quarter | Registered sales | Median AED/sqft | DLD area Marsa Dubai |
|---|---|---|---|
| 2021-Q4 | 51 (off-plan 51, ready 0) | 4,601 | 1,332 |
| 2022-Q1 | 136 (off-plan 136, ready 0) | 4,125 | 1,430 |
| 2022-Q2 | 28 (off-plan 28, ready 0) | 4,610 | 1,393 |
| 2022-Q3 | 17 (off-plan 17, ready 0) | 4,389 | 1,371 |
| 2022-Q4 | 5 (off-plan 5, ready 0) | 4,300 | 1,448 |
| 2023-Q1 | 3 (off-plan 3, ready 0) | — | 1,509 |
| 2023-Q2 | 4 (off-plan 4, ready 0) | — | 1,511 |
| 2023-Q3 | 4 (off-plan 4, ready 0) | — | 1,489 |
| 2023-Q4 | 10 (off-plan 10, ready 0) | 4,693 | 1,501 |
| 2024-Q1 | 14 (off-plan 3, ready 11) | 4,341 | 1,723 |
| 2024-Q2 | 16 (off-plan 0, ready 16) | 5,208 | 1,685 |
| 2024-Q3 | 8 (off-plan 0, ready 8) | 6,185 | 1,619 |
| 2024-Q4 | 9 (off-plan 0, ready 9) | 5,493 | 1,669 |
| 2025-Q1 | 7 (off-plan 0, ready 7) | 5,711 | 1,816 |
| 2025-Q2 | 9 (off-plan 0, ready 9) | 5,203 | 1,886 |
| 2025-Q3 | 7 (off-plan 0, ready 7) | 5,003 | 1,852 |
| 2025-Q4 | 4 (off-plan 0, ready 4) | — | 2,055 |
| 2026-Q1 | 5 (off-plan 0, ready 5) | 4,514 | 2,070 |
| 2026-Q2 | 2 (off-plan 0, ready 2) | — | 1,856 |
| 2026-Q3 | 1 (off-plan 0, ready 1) | — | 1,992 |
| 2026-Q4 | 2 (off-plan 0, ready 2) | — | 1,725 |
Median AED/sqft of registered sales per quarter (apartments). Source: DLD. Grey dashed line: DLD area Marsa Dubai, median AED/sqft of ready sales of apartments by quarter. A quarter with fewer than 5 sales is left as a gap. The last quarter runs to 5 November 2026.
Registered sales per quarter
| Quarter | Registered sales | Median AED/sqft | DLD area Marsa Dubai |
|---|---|---|---|
| 2021-Q4 | 51 (off-plan 51, ready 0) | 4,601 | 1,332 |
| 2022-Q1 | 136 (off-plan 136, ready 0) | 4,125 | 1,430 |
| 2022-Q2 | 28 (off-plan 28, ready 0) | 4,610 | 1,393 |
| 2022-Q3 | 17 (off-plan 17, ready 0) | 4,389 | 1,371 |
| 2022-Q4 | 5 (off-plan 5, ready 0) | 4,300 | 1,448 |
| 2023-Q1 | 3 (off-plan 3, ready 0) | — | 1,509 |
| 2023-Q2 | 4 (off-plan 4, ready 0) | — | 1,511 |
| 2023-Q3 | 4 (off-plan 4, ready 0) | — | 1,489 |
| 2023-Q4 | 10 (off-plan 10, ready 0) | 4,693 | 1,501 |
| 2024-Q1 | 14 (off-plan 3, ready 11) | 4,341 | 1,723 |
| 2024-Q2 | 16 (off-plan 0, ready 16) | 5,208 | 1,685 |
| 2024-Q3 | 8 (off-plan 0, ready 8) | 6,185 | 1,619 |
| 2024-Q4 | 9 (off-plan 0, ready 9) | 5,493 | 1,669 |
| 2025-Q1 | 7 (off-plan 0, ready 7) | 5,711 | 1,816 |
| 2025-Q2 | 9 (off-plan 0, ready 9) | 5,203 | 1,886 |
| 2025-Q3 | 7 (off-plan 0, ready 7) | 5,003 | 1,852 |
| 2025-Q4 | 4 (off-plan 0, ready 4) | — | 2,055 |
| 2026-Q1 | 5 (off-plan 0, ready 5) | 4,514 | 2,070 |
| 2026-Q2 | 2 (off-plan 0, ready 2) | — | 1,856 |
| 2026-Q3 | 1 (off-plan 0, ready 1) | — | 1,992 |
| 2026-Q4 | 2 (off-plan 0, ready 2) | — | 1,725 |
Registered sales per quarter, off-plan and ready units. Source: DLD.
What launch buyers got
The launch price against the registered resales after completion, same home types on both sides.
Over the same span, ready homes in DLD area Marsa Dubai changed +41.4% (same home types).
Launch: the 90 days from the first off-plan sale (2020 onward). Resales: ready sales in the 12 months after the DLD completion date, or 24 when 12 hold fewer than 5. A price change is not a return: it leaves out fees, service charges, rent and the payment plan.
Rents and gross yield
New Ejari rent contracts for apartments in this project, 12 months to 5 November 2026, against the 12 months before. Fewer than 10 ready sales per bedroom count in those 12 months, so no yield is shown.
| Bedrooms | Median annual rent | New contracts | Change on a year earlier |
|---|---|---|---|
| 2 BR | AED 420,000 | 5 | — |
New single-unit contracts only; renewals and contracts over several units are left out. A bedroom count shows from 5 contracts, a change needs 5 in both years and a yield 10 ready sales.
Source: Dubai Land Department open data (Ejari rent contracts and registered sales), under the Dubai Data Open Data Licence.
Mortgage registrations
Home mortgages DLD has registered on units in this project, per quarter, in the 12 quarters to 5 November 2026.
| Quarter | Mortgage registrations |
|---|---|
| 2024-Q1 | 2 |
| 2024-Q2 | 1 |
| 2024-Q3 | 3 |
| 2024-Q4 | 2 |
| 2025-Q1 | 1 |
| 2025-Q2 | 7 · registered amount AED 25.7M |
| 2025-Q3 | 0 |
| 2025-Q4 | 2 |
| 2026-Q1 | 3 |
| 2026-Q2 | 2 |
| 2026-Q3 | 1 |
| 2026-Q4 | 1 |
Mortgage registrations on homes per quarter. Source: DLD.
Mortgage registrations in the last 4 quarters (2026-Q1 to 2026-Q4): 7; registered amount AED 40.3M.
Since the first registration in 2024-Q1: 25 in all.
Counts DLD's mortgage registrations on homes in this project, including pre-registrations on off-plan units and lease-to-own registrations; portfolio and developer mortgages are left out. Amounts are the values DLD registers, shown for 5 registrations or more. A registration says nothing about the lender or the terms.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence
Service charges
What owners pay a year in completed buildings of the project’s master community, from their owners’ association budgets. A building’s own charge is set by its own budget.
Median AED per sq ft a year of residential owners’ association budgets, each development counted once, in the newest budget year with at least 10 developments. Plots, shared areas and hotel rooms are left out. A budget is not any one owner’s bill.
Source: Dubai Land Department, owners’ association budgets (service charges).
Registered sales
The newest sales DLD has registered in this project, as DLD publishes them.
| Date | Market | Type | Size (sqft) | Price (AED) | AED/sqft |
|---|---|---|---|---|---|
| 27 October 2026 | ready | Apartment · 1 BR | 1,285 | 4,750,000 | 3,696 |
| 6 October 2026 | ready | Apartment · Studio | 712 | 3,500,000 | 4,916 |
| 31 August 2026 | ready | Apartment · 3 BR | 2,396 | 10,400,000 | 4,341 |
| 24 June 2026 | ready | Apartment · 3 BR | 2,396 | 10,500,000 | 4,382 |
| 19 May 2026 | ready | Apartment · 1 BR | 788 | 3,825,000 | 4,854 |
| 9 February 2026 | ready | Apartment · Studio | 576 | 2,600,000 | 4,514 |
| 5 February 2026 | ready | Apartment · 1 BR | 1,116 | 3,900,000 | 3,495 |
| 20 January 2026 | ready | Apartment · 2 BR | 1,599 | 8,000,000 | 5,003 |
| 8 January 2026 | ready | Apartment · Studio | 712 | 3,500,000 | 4,916 |
| 8 January 2026 | ready | Apartment · Studio | 712 | 2,950,000 | 4,143 |
Each sale as DLD registers it. Off-plan registrations include developer sales and resales, which DLD open data does not tell apart. DLD publishes no buyer or seller names. Shown on this page only, not as a download.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence
LocationMarsa Dubai · Dubai Municipality community
Places near the project
Straight-line distances from the project’s map pin, rounded to 10 m. The nearest place of each kind.
School ratings: KHDA’s school directory ↗ · Report a wrong location
Dubai Municipality · Makani · © OpenStreetMap contributors · RTA
New homes within 1.5 km
Open projects within 1.5 km of the pin: 20, with 8,363 units and villas.
| DLD end year | Projects | Units and villas |
|---|---|---|
| 2023 | 2 | 926 |
| 2025 | 1 | 407 |
| 2026 | 5 | 1,387 |
| 2027 | 2 | 1,550 |
| 2028 | 4 | 1,960 |
| 2029 | 2 | 396 |
| No end date | 4 | 1,737 |
Open projects within 1.5 km of the pin, by DLD end year Highlighted: this project’s DLD end year.
Open projects in Marsa Dubai: 27
Open projects in the same DLD area, by registered sales in 24 months.
| Project | Built | DLD end date | AED/sqft, 12 mo | Sales, 24 mo |
|---|---|---|---|---|
| Franck muller Vanguard | 48.3% | Nov 2027 | 2,454 | 752 |
| Rove Home Dubai Marina | 7.8% | Mar 2028 | 3,603 | 665 |
| W Residences at Dubai Harbour | 4% | Dec 2028 | 4,769 | 337 |
| PELaGOS By IGO | 84.2% | Mar 2026 | 2,895 | 269 |
| Marina Cove | 5.7% | Sep 2029 | 2,331 | 228 |
| THE BRISTOL Emaar Beachfront | 5.8% | Sep 2029 | — | 227 |
| Aeternitas Tower | 57.9% | Dec 2027 | 2,322 | 189 |
| Sobha Seahaven Tower B & C | 40.2% | Oct 2028 | 4,100 | 162 |
| Dubai Harbour Residences (Area 1) | 30.3% | Jan 2028 | 4,658 | 161 |
| Damac Bay | 33.8% | Jan 2027 | 3,317 | 142 |
| Seapoint | 36.8% | Mar 2028 | 4,921 | 138 |
| Damac Bay 2 | 30.3% | — | 4,319 | 137 |
AED/sqft: median of the project’s registered home sales in the last 12 months, ready and off-plan; a dash with too few sales.
Developer in DLD data Devco Real Estate Development L.L.C · DLD developer no. 1358
Completed a month or more after their DLD end date: 2 of 2 completed projects with both dates. In 0 of them the completion date equals the DLD end date, which DLD may set at completion, so this count can understate the gap.
Source: DLD projects register, export of 1 November 2026. Medians: our calculation, 3 projects or more.
Questions about Five Luxe
When was Five Luxe completed?
Five Luxe is recorded as completed on 26 December 2023 (DLD register of 1 November 2026).
Who is the developer of Five Luxe?
Devco Real Estate Development L.L.C, as registered with DLD.
What is the DLD project number of Five Luxe?
2309.
Source: Dubai Land Department open data: projects register (export of 1 November 2026) and registered sales to 5 November 2026; Dubai Statistics Center price index. Methodology · Report a data error