3BR Five Luxe Sensoria, JBR with Bluewaters and Sea View – Price Reduced

Property Overview

This 3-bedroom apartment in Five Luxe Sensoria, Jumeirah Beach Residence (JBR), is offered at AED 17,000,000. The agent gives a built-up area of 3,196 sq ft, which works out to about AED 5,319 per sq ft. According to the agent, the price has been cut by AED 1,000,000 from AED 18,000,000. The unit is furnished and ready, on floor 34 or above, with views of Bluewaters, the sea and Dubai Marina.

Property Highlights

• Property type: Apartment
• Bedrooms: 3
• Built-up area: 3,196 sq ft (agent-stated)
• Asking price: AED 17,000,000
• Previous asking price: AED 18,000,000 (agent-stated)
• Calculated rate: about AED 5,319 per sq ft
• Floor: 34+ (agent-stated)
• View: Bluewaters, sea and marina (agent-stated)
• Furnishing: furnished (agent-stated)
• Status: ready (agent-stated)

Pricing Notes

The agent states the asking price has dropped from AED 18,000,000 to AED 17,000,000. That is a reduction of AED 1,000,000, or 5.6%, between two asking prices for the same unit. It is not a comparison with the owner's original purchase price or with registered transactions, so DPF does not claim the unit is below market.

DPF calculates the rate as AED 17,000,000 divided by 3,196 sq ft, which is about AED 5,319 per sq ft. Buyers should compare this with recent registered sales of large 3-bedroom units in Five Luxe, taking into account floor, view and furnishing.

About the Building and Community

Five Luxe is a luxury residential and hotel development at JBR. It faces the beach and Bluewaters Island. JBR is a beachfront community along The Walk, with restaurants, retail and beach access, and sits next to Dubai Marina.

Layout, Floor and View

The agent describes a 3,196 sq ft 3-bedroom layout on floor 34 or above, with views of Bluewaters, the sea and the marina, and says it comes furnished. The exact floor, bathroom count and parking were not supplied. Buyers should confirm these from the title deed, the floor plan and a viewing.

Occupancy and Transfer

The agent says the unit is ready but does not say whether it is vacant or tenanted. Before signing, buyers should confirm the following in writing:

• occupancy status
• the furniture inventory
• any outstanding service charges
• any hotel or branded-residence programme terms
• the developer's NOC requirements

Buyers should also budget for the DLD transfer fee and agency costs.

Location and Connectivity

JBR sits on the Jumeirah coastline between Dubai Marina and Bluewaters. It has access to the Dubai Tram, nearby Red Line metro stations and Sheikh Zayed Road. Travel times vary with traffic and route.

Verification Notes

• Agent-supplied facts: 3 bedrooms, 3,196 sq ft BUA, AED 17,000,000 asking price, previous asking price of AED 18,000,000, floor 34+, Bluewaters, sea and marina views, furnished and ready.
• DPF-calculated figures: about AED 5,319 per sq ft; AED 1,000,000 (5.6%) reduction from the previous asking price.
• External context: general building and JBR community facts.
• Not verified: original price, market benchmark, exact floor, bathrooms, parking, occupancy and furniture inventory.