Studio · 564 sqftGrand Midwest Reve (Grand Central Hotel), Barsha Heights · 16th floor · completed 2012

1604, Grand Midwest Reve (Grand Central Hotel)

Sold prices and rental history: sold once, by the developer in April 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 19 April 2021
Last soldAED 1.27M19 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Grand Midwest Reve (Grand Central Hotel)

What is 1604 worth today?

Last sold for AED 1,268,299 in 2021

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19 Apr 2021Sold by developerReady
AED 1,268,299AED 2,246 per sqft

Source: Dubai Land Department. Updated 19 April 2021.

Key facts

Type
Studio apartment
Size
564 sqft
Floor
16th of 18
Parking
UB29
Developer
TFG Real Estate
Completed
2012
Last sold
AED 1.27M · April 2021

About 1604, Grand Midwest Reve (Grand Central Hotel)

1604 is a studio of 564 sqft on the 16th 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 19 April 2021 for AED 1,268,299, or AED 2,246 per sqft, 10% above the AED 2,046 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical studio in Grand Midwest Reve (Grand Central Hotel)
1M20152018202120242027Typical sale price by year: 2015 AED 1,145,313; 2016 AED 1,103,085; 2017 AED 1,072,013; 2018 AED 1,183,900; 2019 AED 755,000; 2020 AED 790,000; 2021 AED 1,209,450; 2022 AED 807,682; 2023 AED 677,481; 2024 AED 900,000; 2025 AED 842,363; 2026 AED 950,000Sold by developer, April 2021: AED 1,268,299 (AED 2,246 per sqft)

1604 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 1604 sits

All 112 studios →

1604 last sold in April 2021 at AED 2,246 per sqft, 10% above what studios in Grand Midwest Reve (Grand Central Hotel) were fetching at the time (AED 2,046). Over the last 12 months studios sold for AED 830,000 to 1,000,000, around AED 2,047 per sqft.

Recent studio salesUnit no.Price (AED)Summary
10 Aug 2026955,908
30 Jul 2026959,545
14 Jul 2026895,454
26 Jun 2026830,000
9 studio sales in the last 12 months

Grand Midwest Reve (Grand Central Hotel)

Building

184 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
Grand Midwest Reve (Grand Central Hotel), Barsha Heights: prices, sales and rents →
Value
16011-bedAED 1.6M · Mar 2022
16021-bedAED 1.69M · Jun 2015
1603StudioAED 1.4M · May 2017
1605StudioAED 1.04M · Feb 2017
1606StudioAED 1.2M · Aug 2016
16071-bedAED 1.24M · Oct 2022
1608StudioAED 1.82M · Jul 2015
1–7 of 8

1604, Grand Midwest Reve (Grand Central Hotel) in numbers

  • Sold once: by TFG Real Estate on 19 April 2021 for AED 1,268,299, or AED 2,246 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 19 April 2021.

Questions about 1604, Grand Midwest Reve (Grand Central Hotel)

What did unit 1604 last sell for?

AED 1,268,299 on 19 April 2021, sold by the developer: AED 2,246 per sqft for 564 sqft. It is the only registered sale of the unit.

How big is unit 1604?

564 sqft (52.4 sqm): a studio on the 16th floor of a 18-storey tower completed in 2012.

What is unit 1604 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 1604, Grand Midwest Reve (Grand Central Hotel)

Starts from the last sale price (AED 1.27M, 19 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,268,299
Deposit, UAE resident (20%)
AED 253,660
Deposit, non-resident (40%)
AED 507,320
Monthly over 25 years at 3.7%
AED 5,189

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →