Studio · 523 sqftGrand Midwest Reve (Grand Central Hotel), Barsha Heights · 7th floor · completed 2012

703, Grand Midwest Reve (Grand Central Hotel)

Sold prices and rental history: sold once, by the developer in December 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 7 December 2017
Last soldAED 1.55M7 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Grand Midwest Reve (Grand Central Hotel)

What is 703 worth today?

Last sold for AED 1,551,011 in 2017

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7 Dec 2017Sold by developerReady
AED 1,551,011AED 2,963 per sqft

Source: Dubai Land Department. Updated 7 December 2017.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
7th of 18
Parking
LB49
Developer
TFG Real Estate
Completed
2012
Last sold
AED 1.55M · December 2017

About 703, Grand Midwest Reve (Grand Central Hotel)

703 is a studio of 523 sqft on the 7th 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 7 December 2017 for AED 1,551,011, or AED 2,963 per sqft, 63% above the AED 1,813 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical studio in Grand Midwest Reve (Grand Central Hotel)
1M1.5M20152018202120242027Typical 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, December 2017: AED 1,551,011 (AED 2,963 per sqft)

703 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 703 sits

All 112 studios →

703 last sold in December 2017 at AED 2,963 per sqft, 63% above what studios in Grand Midwest Reve (Grand Central Hotel) were fetching at the time (AED 1,813). 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
7011-bedAED 1.47M · Nov 2017
7021-bedAED 1.32M · Jun 2015
704StudioAED 850K · Jul 2015
705StudioAED 1.1M · Jul 2015
706StudioAED 900K · Mar 2024
707StudioAED 1.14M · Oct 2023
708StudioAED 1.05M · Oct 2015
1–7 of 10

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

  • Sold once: by TFG Real Estate on 7 December 2017 for AED 1,551,011, or AED 2,963 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 7 December 2017.

Questions about 703, Grand Midwest Reve (Grand Central Hotel)

What did unit 703 last sell for?

AED 1,551,011 on 7 December 2017, sold by the developer: AED 2,963 per sqft for 523 sqft. It is the only registered sale of the unit.

How big is unit 703?

523 sqft (48.6 sqm): a studio on the 7th floor of a 18-storey tower completed in 2012.

What is unit 703 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 703, Grand Midwest Reve (Grand Central Hotel)

Starts from the last sale price (AED 1.55M, 7 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,551,011
Deposit, UAE resident (20%)
AED 310,202
Deposit, non-resident (40%)
AED 620,404
Monthly over 25 years at 3.7%
AED 6,346

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