Five Luxe in Dubai Marina - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Rents in Five Luxe

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
2	184	2,092	385,000

The cap rate (rental yield) of investments into Five Luxe project is 5.1% on average.

The price of an apartment in Five Luxe is 42,044 AED/sqm on average.

The long term rent of an apartment in Five Luxe is 2,092 AED/sqm/year on average.

Rent for 2 bedroom apartment in Five Luxe is 385,000 AED or 2,092 AED/sqm.

About Five Luxe

'Five Luxe' in 'Dubai Marina' area project description

Five Luxe is an opulent residential development situated in the vibrant Dubai Marina, a prime location known for its luxury waterfront living and stunning skyline. Developed by FIVE Holdings, a brand synonymous with luxury and lifestyle, the project encapsulates the essence of sophisticated urban living, offering a blend of meticulously designed residences and unparalleled amenities.

The project spans across a striking architectural structure that reflects contemporary design, characterized by sleek lines, modern materials, and expansive glass facades. The development comprises a mix of high-end apartments and penthouses, offering various floor plans to cater to diverse preferences. Each unit is meticulously crafted to provide maximum comfort and luxury, with large open spaces, floor-to-ceiling windows, and premium finishes. Residents can enjoy breathtaking views of the marina and the Arabian Gulf, coupled with abundant natural light that enhances the spaces.

Five Luxe takes luxury living to the next level with its extensive range of amenities. The property boasts a state-of-the-art fitness center, a serene spa offering a range of wellness treatments, and multiple swimming pools including an infinity pool overlooking the marina. For those who enjoy a more active lifestyle, there are dedicated outdoor spaces for sports and relaxation, including landscaped gardens and jogging tracks.

The culinary experiences at Five Luxe are curated to meet the high standards of its residents, with several dining options available within the premises. These include gourmet restaurants helmed by renowned chefs, chic lounges, and casual cafes, all offering an array of international cuisines. Additionally, the development features exclusive retail outlets, providing convenient shopping options for daily essentials and luxury goods.

Security and privacy are paramount at Five Luxe. The project is equipped with advanced security systems, including 24/7 surveillance, access control, and professional security personnel, ensuring a safe and secure environment for all residents. The concierge services enhance the lifestyle experience by offering personalized assistance, covering everything from reservation bookings to personalized services tailored to individual needs.

Its strategic location in Dubai Marina places Five Luxe within close proximity to major attractions such as The Beach at JBR, Bluewaters Island, and the Marina Mall. Residents can enjoy the vibrant lifestyle of Marina Walk, with its array of dining, retail, and entertainment options. Excellent connectivity through well-established road networks and public transportation options ensures that residents can easily access other parts of Dubai.

Overall, Five Luxe in Dubai Marina epitomizes luxury living with its exquisite residences, exceptional amenities, and prime location, making it a highly sought-after address in one of Dubai's most prestigious and dynamic neighborhoods.

Q&A on Five Luxe

What are the advantages of 'Five Luxe' project in Dubai for property buyers? What are the disadvantages?

Advantages of 'Five Luxe' Project in Dubai Marina:

1. Prime Location: Located in Dubai Marina, one of the most sought-after and vibrant areas in Dubai, offering quick access to major attractions, business districts, and retail destinations.

2. Luxury Amenities: High-end features such as infinity pools, fine dining restaurants, well-equipped fitness centers, and exclusive beach access enhance the lifestyle quality for residents.

3. Spectacular Views: Panoramic views of the Arabian Gulf, Dubai Marina, and the city's skyline, which can significantly boost property value and provide a luxurious living experience.

4. High ROI Potential: Dubai Marina is known for strong rental demand and property appreciation rates, making it a lucrative investment opportunity.

5. Developer Reputation: Developed by Five Hotels and Resorts, known for their luxury developments and high quality, adding credibility and assurance for buyers.

6. Community Features: Access to a thriving, cosmopolitan community, with ample dining, entertainment, and leisure options right at the doorstep.

Disadvantages of 'Five Luxe' Project in Dubai Marina:

1. High Prices: The luxury status and prime location often come with a high price tag, which might be unaffordable for some buyers.

2. Density and Congestion: Dubai Marina can be crowded, particularly during peak hours, leading to potential traffic and congestion issues.

3. Construction Activity: Ongoing development projects in and around the area could lead to noise and disruption, affecting the living experience temporarily.

4. HOA Fees: High-end amenities and maintenance requirements can lead to substantial homeowners' association (HOA) fees, which add to the overall cost of ownership.

5. Market Volatility: Dubai’s real estate market has experienced fluctuations; thus, investment in such high-end properties can carry risks related to market instability.

6. Tourist Influx: The popularity of Dubai Marina as a tourist hotspot might result in less privacy and more crowded public areas, which can be a drawback for residents preferring a quieter living environment.

What projects are better than 'Five Luxe' project in Dubai which are located close by, and why?

1. Emaar Beachfront: Boasts a prime location with direct private beach access, a range of luxury residential towers, and exceptional amenities including gourmet dining options, retail outlets, and a modern marina.

2. Vida Residences: Part of the Emaar portfolio, offering stylish design and hotel-like services. Residents benefit from proximity to attractions, waterfront views, and easy access to dining and entertainment options within Dubai Marina.

3. Marina Gate: Developed by Select Group, this complex has three towers featuring premium residences with stunning marina views. Renowned for high-end finishes, extensive amenities such as infinity pools, gym facilities, and an ideal location near the Marina Walk.

4. Jumeirah Living Marina Gate: Managed by Jumeirah Group, it combines luxury apartments with top-tier services, such as 24-hour concierge, direct access to Marina Walk, and exclusive facilities including a residents' lounge and pet concierge services.

5. The Residences at Marina Gate: Offers a collection of elegant apartments and villas with panoramic views of the marina, high-quality finishes, and a comprehensive range of recreational facilities such as squash and tennis courts.

6. Silverene Towers: Known for its sleek design by renowned architect Hazel Wong, Silverene Towers provides luxury living with immediate access to Marina Mall, a range of high-end retail outlets, and a beautiful promenade.

These projects stand out for their exceptional locations, superior build quality, extensive amenities, and unique lifestyle offerings, making them highly desirable in the Dubai Marina area.

What are the closest schools to 'Five Luxe' project in Dubai?

Dubai Marina is home to several reputable schools in close proximity to the Five Luxe project:

1. Emirates International School Meadows
- Location: Meadows Drive, The Meadows, Emirates Hills

2. Regent International School
- Location: The Greens

3. Dubai British School
- Location: Springs 3, Emirates Hills

4. GEMS Wellington International School
- Location: Al Sufouh

These schools provide a variety of curriculums including British, International Baccalaureate, and American.

What are the closest medical clinics to 'Five Luxe' project in Dubai?

- Emirates Hospital Clinic
- Location: Marina Gate, Dubai Marina, Dubai, UAE

- Medcare Medical Centre
- Location: Marina Plaza, Dubai Marina, Dubai, UAE

- Marina Medical Center
- Location: Trident Waterfront Building, Dubai Marina, Dubai, UAE

- Dubai London Clinic & Specialty Hospital
- Location: Jumeirah Beach Residence (JBR) - Rimal, Dubai, UAE

- American Hospital Clinic
- Location: City Walk, Al Wasl, Dubai, UAE

- Blue Tree Clinics
- Location: Jumeirah Lake Towers (JLT), Dubai, UAE