1503, Grand Midwest Reve (Grand Central Hotel)
Sold prices and rental history: sold once, by the developer in October 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Grand Midwest Reve (Grand Central Hotel)
What is 1503 worth today?
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Source: Dubai Land Department. Updated 12 October 2015.
Key facts
- Type
- Studio apartment
- Size
- 488 sqft
- Floor
- 15th of 18
- Parking
- LB11
- Developer
- TFG Real Estate
- Completed
- 2012
- Last sold
- AED 1.61M · October 2015
About 1503, Grand Midwest Reve (Grand Central Hotel)
1503 is a studio of 488 sqft on the 15th floor of Grand Midwest Reve (Grand Central Hotel), a 18-storey tower in Barsha Heights completed in 2012 by TFG Real Estate. The developer sold it on 12 October 2015 for AED 1,606,375, or AED 3,294 per sqft, 11% above the AED 2,972 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1503 over time
1503 has sold once; the dashed line is the studio median of each year in the building.
Studios in Grand Midwest Reve (Grand Central Hotel), and where 1503 sits
All 112 studios →1503 last sold in October 2015 at AED 3,294 per sqft, 11% above what studios in Grand Midwest Reve (Grand Central Hotel) were fetching at the time (AED 2,972). Over the last 12 months studios sold for AED 830,000 to 1,000,000, around AED 2,047 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Aug 202610 August 2026 | 493 sqft | 955,908 | 1,938 | ||
| 30 Jul 202630 July 2026 | 492 sqft | 959,545 | 1,950 | ||
| 14 Jul 202614 July 2026 | 383 sqft | 895,454 | 2,339 | ||
| 26 Jun 202626 June 2026 | 426 sqft | 830,000 | 1,950 |
Grand Midwest Reve (Grand Central Hotel)
Building184 apartments, studios to 1-bed over 18 floors in Barsha Heights, completed in 2012 by TFG Real Estate. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,999 Up 16.5%
- Typical sale
- AED 944K
- Typical rent
- Few contracts
- Typical yield
Other units on the 15th floor
All 184 units in Grand Midwest Reve (Grand Central Hotel)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 682 sqft | AED 2.15MAED 2,146,466 · Oct 2019October 2019 | ||
| 1502 | 1-bed | 548 sqft | AED 1.05MAED 1,050,000 · Nov 2016November 2016 | ||
| 1504 | Studio | 599 sqft | AED 1.84MAED 1,836,897 · Jun 2015June 2015 | ||
| 1505 | Studio | 611 sqft | AED 1.23MAED 1,231,649 · Jul 2015July 2015 | ||
| 1506 | Studio | 516 sqft | AED 1.47MAED 1,466,000 · Mar 2022March 2022 | ||
| 1507 | 1-bed | 548 sqft | AED 1.82MAED 1,822,170 · Jul 2015July 2015 | ||
| 1508 | Studio | 379 sqft | AED 1.16MAED 1,155,198 · Jul 2015July 2015 | ||
| 1509 | 1-bed | 712 sqft | AED 925KAED 925,000 · Mar 2018March 2018 |
1503, Grand Midwest Reve (Grand Central Hotel) in numbers
- Sold once: by TFG Real Estate on 12 October 2015 for AED 1,606,375, or AED 3,294 per sqft.
- Studios in Grand Midwest Reve (Grand Central Hotel) sold for AED 830,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,999 per sqft.
Source: Dubai Land Department. Updated 12 October 2015.
Questions about 1503, Grand Midwest Reve (Grand Central Hotel)
What did unit 1503 last sell for?
AED 1,606,375 on 12 October 2015, sold by the developer: AED 3,294 per sqft for 488 sqft. It is the only registered sale of the unit.
How big is unit 1503?
488 sqft (45.3 sqm): a studio on the 15th floor of a 18-storey tower completed in 2012.
What is unit 1503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Grand Midwest Reve (Grand Central Hotel) sold for AED 830,000 to 1,000,000 in the last 12 months, around AED 2,047 per sqft.
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Mortgage on 1503, Grand Midwest Reve (Grand Central Hotel)
Starts from the last sale price (AED 1.61M, 12 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,606,375
- Deposit, UAE resident (20%)
- AED 321,275
- Deposit, non-resident (40%)
- AED 642,550
- Monthly over 25 years at 3.7%
- AED 6,572
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →