Studio · 328 sqftGrand Midwest Reve (Grand Central Hotel), Barsha Heights · 4th floor · completed 2012

406, Grand Midwest Reve (Grand Central Hotel)

Sold prices and rental history: sold twice, last in April 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 17 June 2025
Last soldAED 350K4 April 2023
Current rentAED 50K /yr17 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Grand Midwest Reve (Grand Central Hotel)

What is 406 worth today?

Last sold for AED 350,000 in 2023

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17 Jun 2025RentedNew contract
AED 50,000/yr12 months · AED 152 per sqft
23 May 2025RentedNew contract
AED 50,000/yr12 months · AED 152 per sqft
15 May 2025RentedNew contract
AED 20,000/yr12 months · AED 61 per sqft
4 Apr 2023SoldReady
AED 350,000AED 1,065 per sqft
3 Jun 2015Sold by developerReady
AED 950,000AED 2,892 per sqft

Source: Dubai Land Department. Updated 17 June 2025.

Key facts

Type
Studio apartment
Size
328 sqft
Floor
4th of 18
Parking
(1)
Developer
TFG Real Estate
Completed
2012
Last sold
AED 350K · April 2023

About 406, Grand Midwest Reve (Grand Central Hotel)

406 is a studio of 328 sqft on the 4th floor of Grand Midwest Reve (Grand Central Hotel), a 18-storey tower in Barsha Heights completed in 2012 by TFG Real Estate. It last sold on 4 April 2023 for AED 350,000, or AED 1,065 per sqft, 34% below the AED 1,609 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 17 June 2025, is AED 50,000 a year: a gross yield of 14.3% on the 2023 price.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in Grand Midwest Reve (Grand Central Hotel)
500K1M20152018202120242027Typical 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, June 2015: AED 950,000 (AED 2,892 per sqft)Sold, April 2023: AED 350,000 (AED 1,065 per sqft)

406 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Grand Midwest Reve (Grand Central Hotel), and where 406 sits

All 112 studios →

406 last sold in April 2023 at AED 1,065 per sqft, 34% below what studios in Grand Midwest Reve (Grand Central Hotel) were fetching at the time (AED 1,609). 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
4011-bedAED 1.19M · Apr 2022
4021-bedAED 1.47M · Jul 2015
403StudioAED 1.08M · Jan 2024
404StudioAED 788K · May 2015
405StudioAED 1.01M · Jun 2015
407StudioAED 523K · May 2024
408StudioAED 1.82M · Jul 2015
1–7 of 10

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

  • Sold twice: first on 3 June 2015 for AED 950,000, last on 4 April 2023 for AED 350,000 (AED 1,065 per sqft).
  • Rented since May 2025 on 3 Ejari contracts, from AED 20,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 14.3%.
  • 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 17 June 2025.

Questions about 406, Grand Midwest Reve (Grand Central Hotel)

What did unit 406 last sell for?

AED 350,000 on 4 April 2023: AED 1,065 per sqft for 328 sqft. The unit has 2 registered sales; the first was AED 950,000 in June 2015.

What is the rent for unit 406?

AED 50,000 a year on the contract signed on 17 June 2025. The previous contract, from May 2025, was AED 50,000; the unit has been rented since May 2025.

How big is unit 406?

328 sqft (30.5 sqm): a studio on the 4th floor of a 18-storey tower completed in 2012.

What is unit 406 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 406, Grand Midwest Reve (Grand Central Hotel)

Starts from the last sale price (AED 350K, 4 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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