Dubai Land Department Off-Plan Register

Five Luxe Launch Prices

Off-plan in Dubai Marina · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

261 developer launch sales registered at Five Luxe between Nov 2021 and Jan 2024: 100% apartments, most commonly 1-bed units, typically around 1,236 sqft.

Launch sales
261
DLD off-plan registrations, all time
Median launch /sqft
AED 4,215
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 2,549,27075,000,000
Min – max registered

Bed mix: Studio 25% · 1-bed 38% · 2-bed 17% · 3-bed 13% · 4+-bed 7%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Five Luxe, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2021 Q451AED 4,599
2022 Q1136AED 4,126
2022 Q228AED 4,609
2022 Q317AED 4,389
2022 Q45AED 4,301
2023 Q13AED 3,618
2023 Q24AED 4,474
2023 Q34AED 5,260
2023 Q410AED 5,037
2024 Q13AED 4,117
Two different markets

Launch vs Resale

Five Luxe also has 27 ready-market resales registered with the DLD, the first on 11 June 2024 - 31 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
27
24 in the last 2 years
Resale median /sqft
AED 4,885
last 2 years
Resale vs launch
+16%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Five Luxe →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,381 sqft · 16 January 2024
AED 5,200,000
AED 3,767 /sqft
Apartment · 2 Bed
1,599 sqft · 15 January 2024
AED 7,750,000
AED 4,848 /sqft
Apartment · 4+ Bed
5,101 sqft · 2 January 2024
AED 21,000,000
AED 4,117 /sqft
Apartment · 1 Bed
1,236 sqft · 13 December 2023
AED 5,800,000
AED 4,694 /sqft
Apartment · Studio
574 sqft · 12 December 2023
AED 3,250,000
AED 5,665 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Off-plan in Dubai Marina

Compare this project with every other off-plan launch registered in Dubai Marina, or see the community's resale market.

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